Study and Settle in Australia

Australia is one of the most preferred destinations for Indian students to study and settle. Over years Lakhs of Indians have settled in Australia. Australia is a developed country with plenty of job opportunities. Main provinces in Australia where Indians go are New South Wales and Queensland, with primary cities as Sydney, Melbourne, Perth and Brisbane. One can study and settle in Australia for ~15 Lakhs INR. 

Courses and Exams

Indian student go to Australia for both Undergraduate and Post-graduate courses in Business; Science and Engineering. Students need to clear class 12^th (with 60% marks) for UG admission and bachelors (with 50% marks) for PG admission. English test IELTS (International English Language Testing System) needs to be given by every student looking to study in Australia. For UG one needs to score 6 in IELTS and for PG 6 in IELTS

 Education and Living cost in Australia

Education cost for UG is around 22 lakhs INR for 3 years while for PG is around 18-20 lakhs INR for 2 years. Accommodation and Food is the main living cost incurred by students. All universities and colleges provide accommodation to the students. Most of the students don’t take them as they prefer to take off campus accommodation which is lesser than the price of On Campus. Many students prefer to live outside campus to share the lower cost of living with friends. There are ample options of food for Indians and most Australian cities have Indian restaurants and shops. Per year living cost is around 5 lakhs INR. Hence total cost for UG would be around 35 lakhs INR and PG would be around 30 lakhs INR.

Part-time Jobs

Australia treats students as adults and provides them ample opportunities to learn and earn. Many part-time jobs are available for students within the campus and also around the campus. In Australia these part-time jobs are considered very respectful and also give a student a real life experience at work. This also enables students to earn their living cost and also understand the value of money. These jobs are like being accountants / cashier, managers at stores, sales people for different companies etc. Money is earned on hourly basis and minimum amount is pre decided. To make sure that student focus on study the government has restricted the part time job to only 20 hours per week. Typically a student can earn more than ~7.5 lakh INR per year.

 Availability of Finances

Finances – for college admission a student needs to keep 1 year of living cost ~5 Lakh INR. Apart from this 1st year tuition cost – around ~10 Lakh INR need to be transferred on confirmation of admission. Hence funds with around 15 Lakh INR. Funds can be fresh in your bank account and shouldn’t be old unlike other countries like US and UK.

 Job and Post study work-permit & Permanent Residency

After completing 2 years of full time Diploma or Degree in Australia a student get up to 2 years of work permit. During this work permit the day student completes 12 month of Full Time work experience he is eligible to apply for Permanent residency. It takes 6 -12 months to have it. If course duration is less than 92 weeks, no work permit is assured

Cost of Education in Australia

Not just studying in Australia, but moving to a different country for your education comes with a whole of baggage and planning. Expenditure is one of the core aspects to look into since the economies of countries are highly variable. The student must be sure beforehand that he/she can conveniently afford the minimum living costs of the place along with the college fee. Thus, to make the process easier, we’ve compiled our research to present estimated costs of studying in Australia, so that that student can move on to focus on the next step of their stay in the country.

TUITION FEE

 This is going to be the primary expenditure a student has to face and will probably be one of the highest they come across. Although the amount of tuition fee would largely depend on the course and the university, along with any scholarships granted to the applicant. An indicative idea would be about AUD 20,000 – 30,000 per annum for a tertiary university. Anyone who’s already gotten into a college would be aware of the fee structure, and anyone planning to apply to should look into its tuition fee before concluding. A comprehensive list of the annual tuition fee of each program is mentioned below in AUD:

1. Vocational Training (4,000 – 22,000)
2. Undergraduate (15,000 – 35,000)
3. Postgraduate (20,000 – 42,000)
4. Doctoral (20,000 – 42,000)

Similar to most countries, generalized courses such as humanities and education courses are cheaper whereas specialized courses such as engineering and medicine are likely to be relatively more expensive. Similarly, post-graduate courses are much more expensive than undergraduate courses on a per annum scale but shorter in duration. It is highly recommended to also apply for scholarships, you never know when you get lucky!

VISA COSTS

               It is best to consult a counsellor regarding the student visa process as it must not fiddled with. A valid student comes with its own costs and can cost anywhere around AUD 606.

ACCOMMODATION COSTS

 It is preferable that students, especially international ones, opt for on-campus accommodation facilities. It is not only much more affordable, but it would be much easier for you to connect with those around you as well as suit your educational requirements. Being around both international and native students from similar courses will enhance social life, bring you easy help and allow you to settle conveniently in a country you are absolutely clueless about – in short, it’s a great way to make friends quickly!

The only challenge posed is that not everyone would get to have access to this facility, which is primarily decided either based on score or a first-cum-first-serve basis. It is essential to book a slot for yourself as early as possible, which should cost around AUD 110-280 per week, where each student has the option to choose either fully-catered or self-catered halls of residence.

If a student desires to live off-campus, the most common options include renting an apartment with shared room-mates (generally from the same university or ethnicity), or a homestay with a local family. A home stay generally costs AUD  235-325 per week, whereas rentals cost anywhere around AUD 180-440, which when shared falls down to AUD 95-215 per week. Other options include hostels and guest houses which charge AUD 90-150 per week whereas hostels will charge annually an amount between AUD 11,000-22,000.

LIVING EXPENSES

Living expenses cover a variety of sub-categories but essentially refer to all things that you need to survive in a city such as food, transportation, toiletries, social activities etc. It is a good practice to set a budget beforehand and document each expense so as to not overspend. Considering all costs, a student is Australia generally carries a total of AUD 20,000-27,000, where the average living cost is AUD 21,041.

A breakdown summary of living costs per week in AUD is highlighted below:

1. Food and drinks (140-280)
2. Gas and electricity (10-20)
3. Public Transport (30-60)
4. Car Expenses (150-260)
5. Entertainment (80-150)
6. Phone and Internet (15-30)

An outline into transportation: Students generally have two options – either the college provides a shuttle services to and fro or the student would use public transportation

Transportation would be both short distance (regional trains, buses and subways) and long distance (rail, air, ferries, and water taxies). For short-distance travel, it is best to sign up for monthly passes which can be fairly cheap. A short ride on the bus would cost about AUD 3, where a weekly past is about AUD 20 and a monthly pass would cost AUD 80. A buffer amount should be kept for long-distance travel occasionally.

HEALTH INSURANCE

Health insurance is a mandatory, so don’t even plan to skip on this. Enrolling for a medical insurance would cost an approximate of AUD 500, and can be covered under Overseas Student Health Cover.

TAXES

Most college students prefer working part-time, alongside their education, to ease the burden of expenses. To work in Australia, an TFN or a Tax File Number is to be generated and acquired which permits the student to work for 20 hours per week during academic sessions and full-time during vacations. This earned income is taxable, and should not be ignored.

The budgeting process involved varies on a lot of factors and there will be a high influx based on exchange rate variations. This makes a part-time job and scholarships a must during your stay in Australia.

Please click below for the Study and Settle Abroad brochure

Study Abroad_2019_GKworks

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Australia Universities List