Earning & Spending
Australia uses Australian Dollar or AUD as its currency.
Being a popular study destination, applying for scholarships in Australia is competitive. If you are self financing you should be aware of the costs of studying and living in Australia.
As with most other countries, the cost of education is dependent on the type and duration of your studies.
||A$7,800 to A$30,000
|Vocational Education and Training (Certificates I to IV, Diploma and Advanced Diploma)
||A$4,000 to A$22,000
|English language studies
||Approximate A$300 per week depending on course length
|Undergraduate Bachelor Degree
||A$15,000 to A$33,000
|Postgraduate Master’s Degree
||A$20,000 to A$37,000
||A$14,000 to A$37,000
Generally, the Department of Immigration and Border Protection requires $18,610 as the minimum cost of living to issue a student visa. Your living expenses in Australia will depend highly on which region you plan to live in. For example, more urbanized areas will have higher costs for accommodation. The type of accommodation is also important. Hostels and guesthouses range from $80 to $135 a week, while shared rentals and on-campus accommodation will cost $70 to $250. More expensive options are homestay ($110 to $270 per week) and rental ($100 to $400 per week).
Aside from accommodation, your weekly expenses will most likely include:
- groceries or eating out ($80 to $200).
- gas and electricity ($60 to $100).
- phone and internet ($20 to $50).
- public transport ($10 to $50).
- entertainment ($50 to $100).
You should also factor in health insurance costs and overseas student health cover.
Work Opportunities on Student Visa to Cover Expenses:
Working while studying is one of the major reasons why a large number of international students choose Australia as their study destination. The Australian Immigration system provides international students on a student visa a chance to work up to 40 hours every two weeks during semesters and unrestricted hours during semester breaks.
However, before applying for work, international students need to visit the Australian Taxation Office to get a TFN (Taxation File Number). The process including submitting few details like name, current address, date of birth along with the date of arrival in Australia, passport and proof of enrolment.