Study in Australia is one of the most popular destinations for international students. With world-renowned universities, a high standard of living, and a welcoming multicultural society, it's no wonder that thousands of students choose Australia every year for their higher education. However, before making the move, it’s essential to understand the cost of studying in Australia to plan your finances effectively.

In this blog, we’ll break down the major expenses involved, including tuition fees, living costs, health insurance, visa charges, and more.

1. Tuition Fees in Australia

Tuition fees in Australia can vary significantly depending on the institution, course, and level of study.

Undergraduate Degrees

For international students, the average tuition fees for bachelor’s degrees range from AUD 20,000 to AUD 45,000 per year.

• Arts and humanities: AUD 20,000 – AUD 35,000/year
• Science and engineering: AUD 25,000 – AUD 40,000/year
• Business and management: AUD 25,000 – AUD 45,000/year

Postgraduate Degrees

Master's programs tend to be more expensive, typically costing AUD 22,000 to AUD 50,000 per year.

• MBA programs can be particularly expensive, ranging from AUD 40,000 to AUD 70,000/year.

Vocational Education and Training (VET)

If you’re considering TAFE or other vocational courses, fees are generally lower, around AUD 4,000 to AUD 22,000 per year.

Note: Most universities in Australia allow you to pay tuition fees per semester, which can help manage your finances better.

2. Living Expenses

Apart from tuition, you’ll need to cover your living costs. The Australian government requires students to show proof of funds for living expenses while applying for a visa.

As of 2025, the minimum living cost requirement is around AUD 24,505 per year, but actual expenses can vary depending on your lifestyle and location.

Major Cities vs. Regional Areas

Living in cities like Sydney, Melbourne, or Brisbane tends to be more expensive compared to regional areas like Adelaide or Hobart.

On average, you should budget around AUD 1,500 to AUD 2,500 per month for living expenses.

3. Accommodation Costs

Your accommodation choice will have a significant impact on your budget.

Options for Students:

• On-campus housing: AUD 440 – AUD 1,100/month
• Shared rental: AUD 380 – AUD 850/month
• Private rental: AUD 1,000 – AUD 2,000/month
• Homestay: AUD 900 – AUD 1,300/month

Many students prefer shared accommodations to save on costs, and renting further from the city center can reduce expenses.

4. Overseas Student Health Cover (OSHC)

International students are required to have health insurance known as Overseas Student Health Cover (OSHC). The cost depends on the duration of your stay and the provider you choose.

• Single student: Approximately AUD 500 – AUD 700 per year
• Couples and families will pay significantly more, starting at AUD 2,000/year

Some universities may include OSHC as part of your admission package, so check with your institution.

5. Student Visa Fees

To study in Australia, you’ll need to apply for a Student Visa (Subclass 500).

• Visa application fee: AUD 710 (as of 2025)

This visa allows you to stay in Australia for up to 5 years, depending on your course duration.

6. Other Costs

Textbooks and Study Materials

Academic books and materials can cost around AUD 500 to AUD 1,000 per year, though many students opt for second-hand books or digital copies.

Transport

If you’re studying in a major city, you may be eligible for student discounts on public transport. Monthly public transport passes cost around AUD 100 – AUD 150.

Part-Time Work Opportunities

As a student visa holder, you're allowed to work up to 48 hours per fortnight during the semester and unlimited hours during breaks. Part-time work can help offset your living expenses.

7. Scholarships and Financial Aid

Many Australian universities offer scholarships to international students based on academic merit, sports, community service, or financial need.

Some popular scholarships include:

• Australia Awards Scholarships
• Destination Australia Program
• University-specific scholarships (e.g., University of Sydney International Scholarships)

These can significantly reduce the financial burden, so make sure to research and apply early.

Final Thoughts

The cost of studying in Australia can seem high, but with smart financial planning, scholarships, and part-time work, it’s a manageable and rewarding investment in your future.

Here’s a quick summary of the estimated annual costs for an international student:

Study in Australia for Indian Students is a significant investment, but it comes with a world-class education and an unforgettable international experience. Make sure to research your course, apply for scholarships, and plan your finances thoroughly to make the most of your time in Australia.

If you’d like help finding affordable universities or applying for scholarships in Australia, feel free to reach out or leave a comment below!