Budgeting for Your Australian Education: What to Expect

Planning your finances is essential for a successful study experience in Australia. Here’s a quick guide to help you budget effectively:

1. Tuition fees: Expect to pay between AUD 20,000 to 45,000 per year, depending on your course and institution.
2. Living expenses: Budget around AUD 21,000 per year for accommodation, food, and daily necessities.
3. Health cover: Overseas Student Health Cover (OSHC) is mandatory and costs approximately AUD 500 per year.
4. Transportation: Public transport costs vary by city, but budget about AUD 30-60 per week.
5. Books and supplies: Set aside AUD 500-1000 per year for textbooks and other study materials.

Remember, costs can vary based on your lifestyle and location. Cities like Sydney and Melbourne tend to be more expensive than regional areas. Many universities offer scholarships for international students, so be sure to explore these opportunities to help manage your expenses.