How much does it cost to study in Australia?

As with many other places around the world, it’s cheaper to study in Australia for domestic students, especially those who successfully apply for a Commonwealth supported place, which means study costs are largely subsidized by the government. Commonwealth supported places are available at all public universities in Australia and some – but not all – private ones.

Student contribution amounts vary depending on where and what you study, but are capped by the government. The government sets the minimum and maximum range for each fee band, which, for 2022, is AU$0-3,985 for Band 1; AU$0-8,021 for Band 2; AU$0-10,754 for Band 3; and AU$0-14,640 for Band 4. 

You will need to work out your total tuition fees by identifying which subjects or units are covered by each band, and how many credits (expressed as a fraction, e.g. 12/96 = 0.125 EFTSL) you get for each unit. Multiply this EFTSL figure (0.125) by the band fee charge to get the total cost per unit. Or, alternatively, you can just use an online calculator. Most institutions provide one on their website.

Tuition fees for domestic graduate students are worked out in a similar way. Some institutions publish estimates of the yearly fee for graduate students. For example the University of Melbourne lists prices for 2023 ranging from AU$20,800 per year for the Master of Psychiatry online course, up to AU$77,344 for a Doctor of Veterinary Medicine. Some graduate programs also offer Commonwealth-assisted places, so check with the institution.

Unlike international students, domestic students are eligible for the Higher Education Loan Program (HELP). There are four types of government loans available to Australian citizens and permanent humanitarian visa holders. HECS-HELP is a scheme which helps Commonwealth supported students to pay their student contribution amount; FEE-HELP covers tuition fees for fee-paying students; SA-HELP pays the student services and amenities fee and VET Student Loans pay for vocational education and training fees.

The Australia Awards are international scholarships and fellowships funded by the Australian government, available to Australian nationals and citizens from other eligible countries, a list which covers the Americas, the Caribbean, Europe, the Middle East, the Pacific area and Asia.

If you’re a graduate student from the UK, you can apply for the Northcote Graduate Scholarship from the Britain-Australia Society. This funds for your travel there and back, tuition fees and charges, and also provides an allowance for three years while you study.

For all undergraduate and postgraduate students, check with the Australian universities you are interested in, as many offer scholarships open to both domestic and international students at both levels. For more funding opportunities, visit our list of scholarships to study in Australia.

As mentioned, the Australian government’s Department of Home Affairs says you must prove you have AU$21,041 (~US$14,400) for living costs per year. If you’re bringing a partner you’ll need to add AU$7,362 (~US$5,035) to this figure, and if you have children, you’ll need to show you have an additional AU$3,152 (~US$2,156) for each child.

As well as proof of these funds, you will also need to show you have a return air fare for yourself and every family member you take with you, as well as enough money to cover the school fees of any children you have between age five and 18.

Although the above outlines the amount required by Australia’s immigration standards, you may not need to spend that much once you arrive. The official Study Australia guidelines recommend budgeting between AU$90 (~US$62) and AU$440 (~US$301) per week for accommodation, depending on whether you stay in shared accommodation on campus (the cheapest), or in private rented accommodation (the most expensive).

Other weekly expenses include:

• Groceries and eating out - $140 to $280 per week (~US$62-301)
• Gas, electricity - $10 to $20 (~US$7-14)
• Phone and Internet - $15 to $30 (~US$10-21)
• Public transport - $30 to $60 (~US$21-41)
• Car (after purchase) - $150 to $260 (~US$103-178)
• Entertainment - $80 to $150 (~US$55-103)

To simplify, this works out to a minimum of around AU$425 (~US$290) per week.

Most Australian universities provide detailed breakdowns of the cost of living in Australia on their websites, including student accommodation and sometimes even local area prices and advice. 

Remember the costs listed by the university will usually be for an academic year (about 40 weeks), rather than a calendar year, so you will need to budget extra if you want to stay longer.

The fee for the Student Visa (Subclass 500) currently stands at AU$650 (~US$445). As a visa requirement, you will need to organize Overseas Student Health Cover (OSHC) for yourself and any accompanying family members, which needs to be valid for the duration of your stay. You don’t have to use the provider your university recommends, but, whichever you choose, ensure it is government-approved.

OSHC Australia provides a search function which can be used to compare quotes for medical insurance from authorized providers. We found the cheapest option for a standard undergraduate student (duration three years, starting in March and finishing in December) with no accompanying family to be AU$2,101.56 (~US$1,437).

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