Australia also known as the land of coasts has some of the world-renowned universities such as the University of New South Wales and the University of Sydney. These renowned universities offer excellent academics, a multicultural environment, and a great welcome to students from all across the globe. Two- thirds of Universities in Australia have also featured at the top of QS Rankings in 2021. Australia provides a higher standard of living and world-class education, thus has progressively emerged as an excellent study destination amongst the other developed countries like the US and UK. So, if you aspire to pursue higher education in Australia you will get to know all the essential points regarding the cost of study in the country in this article.
Crucial factors to consider while studying in Australia
To understand all the expenses while studying in Australia, one needs to pay attention to some crucial factors such as accommodation and transportation costs, the living expenses, the institutions, the courses, the geographical location of the institution one is going to study at, and many more.
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The factors explained below are some of the significant factors one needs to keep in mind if you aspire to study in any of the Australian University.
Why study in Australia?
Educational Diversity: There are various courses and degrees to choose from, so the choice can be made as per the student’s needs and interest.
Reputation: Australian education system is highly reputed so the graduates from there are highly sought.
Living costs: Students can cover their living costs by working for part-time along with studying. This is possible due to the high standard of living in Australia.
Course and Tuition Fee
The cost of studying in Australia totally depends on the course program and the university that a candidate chooses. The criteria for tuition fees of courses offered by Australian institutions depends or specified on the Credit Points or CP that one needs to accomplish or earn to get a degree.24 CP are fixed for each session however, the credit points vary from one course to another. There are around two to three sessions in a year that might get categorized under a two-semester or three-semester system.
| Study Level | Approximate Fees (in Australian Dollar) |
| English Language Study | 350$ – 450$ i.e. (18290 INR- 23500 INR) per week |
| Vocational Education and Training Certificates | 4000$ – 22000$ i.e. (209000 INR- 1149700 INR) per annum |
| Undergraduate Bachelor’s Degree | 15000$ – 35000$ i.e. (783800 INR – 1829000 INR) per annum |
| Postgraduate Bachelor’s Degree | 20000$ – 42000$ (1045000 INR – 2194900 INR) per annum |
| Doctoral Degree | 20000$ – 42000$ (1045000 INR – 2194900 INR) per annum with 100% scholarships also available |
Living Expenses
To estimate the living costs or accommodation costs of studying in Australia, one can either stay at a shared apartment or can opt for a university residence. Costs for one night might change from one university to another. If one wants to spend a little less, one might even stay at hotels in the country. However, having a homestay on your own or in some rented apartments can actually put a huge budget on your pocket especially if one is staying in an urban center or the posh cities of the country like Sydney.
These are some other expenses that will be included in the living expenses one has to look upon
| Living Costs | Expenses (in AUD) |
| Food and Groceries | 140$ – 280$ |
| Phone and Internet | 15$ – 30$ |
| Entertainment | 80$ – 150$ |
| Others | 10$ – 20$ |
Accommodation Cost
One has to keep in his mind that there are both benefits as well as demerits of the location where the educational institution is built when is estimating the cost of studying in the country. If one is thinking to stay in the urban centers of the country such as Melbourne or Sydney, living expenses, in that case, would be higher.
These are some of the different accommodation types with their costs. Have a look
| Type of Accommodation | Expenses (in AUD) |
| Hostels and Guesthouses | 90$ – 150$ i.e. (4700 INR – 7800 INR ) per week |
| On-Campus | 110$ – 280$ i.e. (5700 INR -14600 INR) per week |
| Rental | 185$ – 440$ i.e. (9600 INR – 22990 INR ) per week |
| Shared Rental | 95$ – 215$ i.e. (4900 INR – 11200 INR) per week |
Transportation Expenses
There are different ways of traveling that are available to foreign students in the country. Students can choose different means of transport depending upon the distance to be covered.
These are some of the traveling options based on the distance. Have a look at this list of options for traveling based on the distance.
| Distance | Means of Traveling |
| Short Distance | A short distance traveled on the bus or a train i.e. public transportation can cost approximately about 3AUD. However, a monthly pass of 80 AUD and a weekly pass of 20 AUD can also be obtained. |
| Long Distance | Airways Train Long distance service should be taken for the movement across cities or any area further. |
Financial Aid Schemes
One needs to have quite an expensive budget when is thinking to pursue higher education in a developed country like Australia. To help the students financially, the education system of Australia is designed in a way that it helps the students with money- related matters by offering financial help to the deserving students by providing several scholarships and education loans like APEC Women in Research Fellowship Program or Australia Awards by the Department of Foreign Affairs which one can apply for.
These are some of the major scholarships offered by Australian Universities to their international students. Have a look
- ACU Destination Australia International Scholarship
- The Vice Chancellor’s International Scholarship
- Australia Research Training Program Scholarship
- Australia Award Scholarship
- Scholarships by Australian Embassies
Top 10 Australian Universities
There are several private and public academic institutions in Australia that provide great quality courses to its international students in many areas of study. Although the major institutes with the top ranks are public universities, their fee structure varies according to the course and the university. So, one needs to know about the top Australian universities before applying to any of them.
The top universities of Australia with their rankings.
| Universities | Times Higher Education Ranking | Top Universities Ranking | QS Ranking Australia |
| University of Melbourne | 1 | 2 | 2 |
| Australian National University | 2 | 1 | 1 |
| University of Sydney | 3 | 3 | 3 |
| University of Queensland | 4 | 5 | 5 |
| University of New South Wales | 5 | 4 | 4 |
| Monash University | 6 | 6 | 6 |
| University of Adelaide | 7 | 8 | 8 |
| University of Western Australia | 8 | 7 | 7 |
| Queensland University of Technology | 9 | 12 | 12 |
| The University of Technology, Sydney | 11 | 9 | 9 |
These were the several factors that affect the individual cost of studying in Australia. By pursuing higher education one opens a door of several educational opportunities for himself. By living in popular urban cities like Melbourne and Sydney provides one with immense network opportunities in your area of study.
