How much will it cost to study in Australia?

Studying abroad can be an expensive affair but planning your budget smartly can help you get a hold on your finances effectively. Before you depart from Mauritius, ensure that you consider expenses like accommodation, food, health coverage and travel along with your tuition fee when calculating the estimated cost of studying in Australia. This will help you plan your budget more effectively.

1. Tuition fee is your prime expenditure

Your expenditure on tuition fees depends on the type of qualification and the university or school you opt for. For instance, veterinary and medical degrees cost substantially more than other degrees. The average tuition fees at one of Australia’s tertiary institutions ranges between AUD 20,000 and AUD 30,000 a year.

*Please note all figures are indicative

Most commonly, courses in humanities, arts and education are a little cheaper, while subjects such as medicine and engineering are likely to be more expensive. If you wish to study at a postgraduate level, the tuition fee is typically higher, and the costs vary depending on the program. If you want to bring down your educational expenses, it is best to apply to various scholarships available for Mauritian students.

2. Where will you live? Calculate accommodation costs

Most universities in Australia offer on-campus residence facilities to international students. You can also opt for off-campus accommodation wherein you can share apartments with other students from Mauritius or stay with a local Australian family. The rent is usually paid every two weeks in advance. Remember, the rentals vary from city to city.

Source: https://www.studyinaustralia.gov.au/english/live-in-australia/living-costs

3. Cost of your student visa

To study in Australia, the first step is to secure a valid student visa, which now costs approximately AUD 1,600. Stay informed about the changing visa requirements and process to avoid delays and ensure a smooth journey ahead.

Know more: All about Australian student visa

4. Living expenses

You need to set aside some money for grocery shopping, social activities, and emergencies. When living abroad as a student, it's crucial to keep track of your expenses to avoid overspending. According to the Australian Government, general living expenses are now estimated at AUD 29,710 per year. International students typically spend between AUD 25,000 and AUD 35,000 annually, depending on their living arrangements and lifestyle choices.

You should also consider these common expenses when creating your budget:

Source: https://www.studyinaustralia.gov.au/english/live-in-australia/living-costs

5. Keep safe. Consider health support and insurance

The cost of Overseas Student Health Cover (OSHC) varies based on the type of coverage. For a 12-month period, the minimum cost is approximately AUD 478 for singles cover, AUD 2,600 for couples cover, and AUD 4,200 for family cover. The actual price may differ depending on the provider and the extent of coverage required.

6. Transportation. Know how much it will cost to move around

Unless your institution provides a shuttle service to-and-fro from your lodging, you’ll have to rely on the available public transport.

7. Don’t ignore your taxes

International students in Australia cannot work without acquiring their Tax File Number (TFN). With this, you are allowed to work 20 hours per week during academic sessions and full-time during vacations. If you choose to work along with your studies, your earned income will be taxable.

Remember, the exchange rate variations may also affect your budgeting. We suggest you also look for a part-time job while you are studying in Australia or seek scholarships in the universities you apply to. This can help lower your cost of studying abroad to a great extent.

City-wise living expenses in Australia

Understanding the varied living expenses across Australian cities is crucial for anyone planning to study, work, or settle down under. Here’s a breakdown:

In conclusion, studying in Australia requires careful financial planning, as costs can vary based on tuition fees, living expenses, and your choice of city. By understanding these factors and budgeting wisely, you can ensure a fulfilling and well-prepared experience in one of the world’s top study destinations.

^{Updated on September 30, 2024}