Cost of Study in Australia: Tuition Fees, Living Cost & Scholarships

Cost of Study in Australia

With seven institutions ranking among the QS World University Rankings 2023 top 100, Australia is certainly one of the best destinations for international students. The Group of Eight (Go8), comprising leading research-intensive Australian universities, has placed the country even higher on the list of countries offering quality higher education. 

The exemplary education system, global reputation, vibrant cities, impressive technologies, stable economy, and quality lifestyle make Australia a much sought-after education destination for international students. As a developed country, the cost of study in Australia is relatively higher than in most countries globally. However, this cost varies depending upon the choice of the study program and the living cost in Australia for international students. So, if you’re wondering how much it costs to study in Australia, read on to know the details.

Read Now: Cost of Studying Abroad for Indian Students

Annual tuition fees in Australia for international students

On average, the annual tuition fees in Australia for a bachelor’s degree may vary from AUD 9,000 to AUD 50,000, and the fee range for a master’s degree may range from AUD 9,000 to AUD 54,000. 

The cost of study in Australia across top universities is given in the table below: 

University  QS WUR 2023 Top Courses Fees (annual in AUD)
Australian National University (ANU) 30 Bachelor of Philosophy (Hons) Science; Master of Applied Data Analytics; Master of Museum and Heritage Studies; Master of Engineering in Electrical Engineering  $46,000-48,000
The University of Melbourne 33 Bachelor of Agriculture, Master of Architectural Engineering; Master of Business Analytics $45,000-47,000
The University of Sydney  41 MBA; Master of Engineering (Software Engineering); Bachelor of Science (Health); Bachelor of Economics $50,000-54,000
The University of New South Wales (UNSW) 45 Master of Mining Engineering; Bachelor of Science (Advanced Mathematics); Bachelor of Engineering (Hons) (Mechanical); Bachelor of Engineering (Mechanical & Manufacturing) $7,000-11,000
The University of Queensland 50 Master of Tourism, Hotel & Event Management; Bachelor of Health, Sport & Physical Education $2,900-3,500/credit
Monash University  57 Bachelor of Architectural Design; Master of Information Technology; Master of Data Science; Master of Advanced Nursing $37,000-45,000
The University of Western Australia (UWA) 90 Master of Professional Engineering; Master of Biological Science & Master of Biotechnology; Bachelor of Marine Sciences  $9,000
The University of Adelaide  109 Master of Engineering (Mining); Master of Petroleum Engineering; Bachelor of Oral Health; Bachelor of Nursing  $45,000-48,000
University of Technology Sydney  137 Bachelor of Business; Bachelor of Economics; Bachelor of Accounting; Master of Artificial Intelligence; Master of Physiotherapy  $1,256 per credit
University of Wollongong (UOW) 185 Bachelor of Science (Chemistry); Bachelor of Mathematics; Bachelor of Computer Science; Master of Public Health; Master of Psychology; MBA $14,000/semester-16,000/semester

To manage the costs better, Indian students can take student loans from:

  • Nationalized banks like State Bank of India and Bank of Baroda
  • Private banks like HDFC Bank, Axis Bank, and Kotak Mahindra Bank
  • Non-Bank Financial Companies (NBFCs) like HDFC Credila, EduFund, etc.

However, aspects like the loan amount, collaterals, rate of interest, etc., vary depending on factors like the loan provider, duration, etc.

Country Wise Cost of Studying Resources

Apply Now: Bachelor of Computer Application (BCA) in Australia

Cost of Attendance in Australia for Students

To understand the cost of attendance in Australia, we need to understand the pre-arrival expenses and the cost of living in Australia. 

Pre-Arrival Expenses: This will come out to approximately AUD 3,000. The pre-arrival expenses include airfare, standardized exam charges, college application fees, and visa charges. 

Cost of Living in Australia: Living expenses in Australia for international students vary based on factors such as the location of the accommodation, commuting options, food preferences, etc. Students who have gathered some idea of the average cost of studying in Australia can make their financial plans in advance. The best way to minimize living costs is to choose shared or short-term accommodation. 

So, Australia’s annual student cost of living will come to AUD 35,000. It will include accommodation, grocery, transport, internet, and other miscellaneous expenses. 

Scholarship in Australia

International students looking for low-cost study in Australia should apply for scholarships offered by the Australian government, public or private universities, and higher education institutions to deserving overseas students. These can reduce the cost of studying in Australia for Indian students. Here are some Australian scholarships you should check before applying for your dream course in the country:

ANU Chancellor’s International Scholarship: The award can be granted to 80 Indian students, who can benefit from a 25% to 50% tuition fee waiver. The selection for the same is based on academic merit. 

Bill & Melinda Gates Foundation- Gates Cambridge Scholarships: Eight scholarships are awarded under the program. The benefits include £17,500 for 12 months, inbound visa costs & the cost of the Immigration Health Surcharge, one-way airfare, and 100% fee remission. 

UNSW’s Future of Change Scholarship: A stipend of AUD 10,000 per annum is awarded to Indian students enrolled in UG and PG courses for the minimum duration of the program. The award is granted on the basis of academic merit. 

Global Excellence Scholarship at UWA: It is open to graduate and postgraduate students. The fund amount may vary from AUD 48,000 to 24,000 over two years on eligible courses. The scholarship is given out on academic merit. 

Read More Resources About Autralia:

Part-time jobs for international students and their taxes in Australia

The Australian student visa allows international students to work 20 hours weekly during studies and full-time during semester breaks. This not only eases the burden of college fees in Australia but also helps with the experience of working in a foreign country.

However, the income that students generate from part-time work is taxable. They have to get a Tax File Number (TFN). The application for the TFN has to be submitted online via the official website. Any income amounting to AUD 18,200 or more is taxable.

Here are a couple of tax slabs:

  • AUD 18,201 – 45,000 – 19%
  • AUD 45,001 – 120,000 – AUD 5,092 basic and a levy of 32.5% on income over AUD 45,000

Here are some popular part-time jobs options in Australia:

  • Tutoring
  • Food services – bartenders/waiters/kitchen staff
  • Office executive
  • Customer service/call centers

Read More:
Jobs in Australia after MS in Computer Science
How Much Gap Is Acceptable for Study in Australia?
Eligibility Criteria for Masters (MS) in Australia
How to settle in Australia from India?
Australian Visa Subclass 189

Cost of Study in Australia – FAQs

Q1. How much does it cost to study in Australia?

The Australian college fees vary considerably depending on the program, university, or location. On average, the tuition fee for undergraduate students is AUD 34,000 per year; for postgraduates, it is AUD 26,000annually.

Q2. Is education free in Australia?

There are public and private academic institutions in Australia. Public universities charge lesser fees in comparison with private institutions. International students can also apply for scholarships to deal with the high Australian college fees. Having said that, we can’t say that education is free in Australia. 

Q3.How much does it cost to study in Australia from India?

A: The average cost of studying in Australia for Indian students will range from ₹15 lakh to ₹20 lakh. 

Q4.How much can a student earn in Australia?

A: The national minimum wage in Australia is AUD 20.33 per hour. International students can earn a minimum of AUD 406/week.

Q5.How much can an Indian save in Australia?

A: The average cost of living in Australia for an individual student can range between AUD 500 to 1,000 per month, apart from the rent. However, you can save a good amount of money via sharing amenities and careful spending.

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