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Cost of Study in Australia
Tuition Fees in Australia
>> Scholarships are available for international students however
the competition is intense and the majority of international
students in Australia are full-fee paying students.
>> Undergraduate degrees are generally three years in Australia as
compared to four years in U.S. and other countries
>> There are many One-year Masters’ degrees including MBA . Thus
you can save on living costs and tuition fees.
>> You can apply to work part-time after you have commenced your
studies in Australia, but the money you earn should not be used as
your only source of income.
MBA
Length of MBA program varies considerably between
institutions, depending on the mode of study, but ranges from
approximately nine to 15 months full time. The fees is the
approximate annual cost of the full-time MBA program. Annual
Tuition Fee for MBA: A $ 15,000 - $ 30,000
Graduate
Graduate Certificates/Graduate Diplomas A $ 9,000 - $ 16,000
Masters degree courses/Doctoral degree programmes: A $ 11,000 - $
18,500
Undergraduate
Laboratory based - Bachelor degree courses (science &
engineering programmes) A $ 6, 700 - $ 16,500
Bachelor degree - Non lab based courses (programmes in arts,
business, economics and law) A $ 10,000 - $ 13,500
Cost Comparison: USA Vs Australia
Studying in Australia is cheaper, 40 to 60 per cent cheaper, than
studying in the UK or the US.
Bachelor of Business
Australia (3 years): US$60,464
US public (4 years): US$119,882
US private (4 years): US$167,828
MBA
Australia (1.5 years): US$33,856
US public (2 years): US$69,085
US private (2 years): US$92,580
Living cost in Australia
Australians enjoy one of the highest standards of living in the
world. The average international student in Australia spends about
A$275-A$335 per week on accommodation, food, clothing,
entertainment, transport, international and domestic travel,
telephone and incidental costs. While these are a realistic guide,
it is important to remember that individual circumstances will
vary by location, course and lifestyle. A single student in
Australia can expect to spend between Aus$9,000 and Aus$12,000 per
year on necessities such as rent, food, basic clothing, public
transportation, and books. Students pursuing higher education in
Australia have the option to live on-campus or take apartments or
other accommodations off-campus.
Annual Living Expenses in Australia - A$ 9,000- A$ 12,000 per
year
Some Quick Facts
Accommodation, per year
University accommodation (catered) $10,000
University accommodation (self-catered) $6,000 (plus food $2,500)
Private accommodation $4,000 to $6,000 plus food $2,500)
Incidental Costs, per year
Books, stationery and other study materials $500
Personal Expenses (e.g., transport, entertainment) $3,000
(depending on lifestyle)
Food
Milk$2.00 per litre
Bread$2.50 loaf
Apples$3.00 kg
Oranges$4.00 kg
Instant Noodle$0.50 packet
Chicken, whole$8.00 each
Rice$1.50 kg
Eggs$2.50 doz.
Clothing
T-shirt$15 - 30
Shirt$20 - $70
Jeans$30 - $100
Jumper/Sweater$40 - $80
Shoes$40+
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