Australia's living expenses and tuition costs
are comparatively low, compared to the United Kingdom and Unites
States.
Visa Requirements
To receive a student visa, you will have to
prove that you have enough money to pay for living expenses,
education costs and travel for the entire duration of your course.
You can manage your expenses by working part- time while you study.
However, your wages from working in Australia should not be your
only source of income.
From 1 January 2010, the basic rate of living
costs under the Migration Regulations increased from the previous
rate of $12,000 per year. Under these regulations prospective
student visa applicants and their family members must have access
to the following funds to meet the living costs requirements:
- $18,000 per year for the main student
- $6,300 per year for the student’s
partner
- $3,600 per year for the student’s first
child
- $2,700 per year for every other child
- Where required, the student must demonstrate
that the funds they are relying upon to meet the costs of studying
in Australia will be genuinely available to them during their stay
in Australia.
Where required, the student must demonstrate
that the funds they are relying upon to meet the costs of studying
in Australia will be genuinely available to them during their stay
in Australia.
Overseas Student Health Cover (OSHC)
It is a requirement to maintain Overseas
Student Health Cover (OSHC) for the duration of your study. From 1
July 2010, international students must obtain and pay for OSHC for
the duration of their course/s in Australia before they arrive.