Indian students who dream of studying abroad mark Australia as their favourite. No doubt, Australia is a highly popular study destination for international students. Now the question is – Why? The reasons are its world-class educational system, reputation, vibrant cities, impressive technologies, stable economy, and high quality of life.
Australia’s tuition fees are relatively lower than most other developed nations. But the cost varies according to the study programme you choose and the place you live.
In order to learn more about how much it costs to study in Australia, continue reading.
Why Study in Australia?
There are various reasons to study in Australia for Indian students. I’m sharing a few with you. Let’s have a look –
Guaranteed First-Rate Education
According to the QS World University Rankings 2022, Australia has eight out of the top 100 universities around the world. And also, you will find a wide range of courses in Australia that meet your taste.
Funding Options
The Australian government is pretty serious about international students. They invest more than 300 million AUD in international students’ scholarships. They also offer around 300 Australian awards for international students.
Ample Career Opportunities
For graduate students in Australia, visa procedures are easier than in other countries. According to the Visa guidelines, you can work more than 20 hours. Through these advantages, you can earn some extra bucks. Here no one will prevent you from part-time or full-time job opportunities.
International Students’ Rights
Australia will always be in the No. 1 position when it comes to the proper usage of rights and freedom. ESOS (Australian Education Service for Overseas Students) Act 2000 makes sure that the study programs for international students meet the strict standards of the government.
Cut Down the Expenses
If you compare Australia with the USA and UK, you will see that the living and studying expenses are quite low in Australia. You can also get benefits from an array of scholarships specifically made for Indian students.
So, these are the common reasons students want to study in Australia. Now, let us delve into know the costs of studying and living in the land of kangaroos.
The Cost of Studying in Australia
Dreaming is great, but to make your dream successful, you need to understand reality first. So, before you plan to study in Australia, make sure you are totally aware of the studying costs here. Undoubtedly, Australia is a popular choice among Indian students after the UK and the USA. One of the biggest reasons behind it is Australia is cheaper than the UK and the USA for Indian students.
You should understand that the courses you will select will never be cheap, but you can get financial support from scholarships. As an Indian student, you can also take student loans from various popular banks to make your living in Australia a little simpler than ever. Nationalised banks like the State Bank of India and Bank of Baroda, and Private banks like HDFC, Kotak Mahindra, Axis, etc., provide loans for studying in Australian universities.
I’m adding a list of expenses according to the study programs. Let’s have a look –
| Sl. No. | Study Programs | Average Expenses in AUD | Average Expenses in INR |
| 1. | School | 11,600 – 44,500 | 6,40,000 – 24,55,000 |
| 2. | Under Graduate | 20,000 – 45,000 | 11,04,000 – 24,82,600 |
| 3. | Post Graduate | 22,000 – 50,000 | 12,13,700 – 27,58,409 |
| 4. | PhD | 18,000 – 42,000 | 993,027 – 23,17,063 |
| 5. | Diploma | 26,000 – 30,000 | 14,34,372 – 16,55,045 |
I got this information from various student testimonials. So, you can plan depending on it. But you must remember one thing. The tuition fees depend not only on the programs you select but also on your choice of institution, which program level you are selecting, and the city you choose to live and study in. Your lifestyle choices also determine how much money you are going to spend. Experts who offer SOP and LOR services agree with this.
The Cost of Living in Australia
Planning to study abroad can’t be completed if you have no clue about the living expenses. And when you decide to study in Australia, let me tell you that it is never a cheap place to live. So, you need to strictly check your expenses if you want to live peacefully and comfortably. Although living expenses are based on various crucial factors, such as the location you are choosing to live, transportation options, food preferences, etc.
According to a study, the average living cost in Australia is more than 20,000 AUD annually. And you should know that all these costs exclude your tuition fees.
So, before you start applying to Australian Universities, you need to gather some insights about the average study expenses to make advance financial plans.
You can avoid the huge living costs if you choose to book shared or short-term accommodations. Also, applying for scholarships and fellowships will give you financial support and help you live less painfully.
Here is a simple overview of different expenses as living expenses –
| Sl. No. | Types of Expenses | Average Costs in AUD |
| 1 | Housing | 900 |
| 2 | Commuting | 300 |
| 3 | Basic Needs | 500 |
| 4 | Miscellaneous | 300 |
These numbers are from various student reviews regarding their studying experiences in Australia. It can always differ if you luckily get a cheap location to live. And don’t forget to calculate the numbers in Indian currency to understand its value. Professionals who offer assistance when you ask, “Are there any GMAT classes near me?” abide by the same.
Final Thoughts
The dream of studying abroad includes a lot of bravery and self-confidence. You are a smart student, and now you know the reasons clearly why Australia is a great choice for Indian students. You will definitely rock in your university days. I hope all these information keeps you ready for what comes your way when you reach your dream destination.
I wish you all the best for your future journey!
Summary
Many Indian students dream of studying in Australia, but because of proper knowledge about the country’s studying and living costs, they often leave the dream unfulfilled. A complete guide can help them a lot.
About the Author
Monica Weasley is a popular academician based in Australia. She is associated with AbroadVice.com, through which Monica offers guidance to students studying abroad. In addition, Monica loves to spend her free time reading fiction and watching movies!