How Much Does Study Visa Cost in Australia?

Did you know that the study visa cost in Australia starts at AUD 710 for a Subclass 500 visa? But that’s just the beginning. Tuition fees, living expenses, health insurance (OSHC), and additional charges can quickly add up, making it essential to plan ahead. The Australian government requires proof that you have enough money to cover your stay in Australia, which can be a challenge for many international students.

Many students underestimate visa requirements, processing time, and hidden costs, leading to delays or even rejections. To avoid this, you need to apply early, check your visa conditions, and lodge your visa application correctly. This guide will break down the student visa fees, document requirements, and essential costs so you can budget effectively for your study program in Australia.

What is the Study Visa Cost in Australia?

If you’re planning to study in Australia, understanding the student visa application fees and associated costs is crucial. The Australian government’s Department of Home Affairs outlines the fees based on the type of student visa, number of dependents, and other factors.

Below is a complete breakdown of the Australia student visa cost

What are the recent Changes in Australian Student Visa Costs (2024 Update)

The Australian government’s Department of Home Affairs made significant updates to student visa fees and requirements in July 2023, affecting international students planning to study in Australia. Here’s what has changed:

• The Australian government’s department updated visa pricing in July 2023, increasing the base fee from AUD 650 to 710.
• Higher scrutiny on document requirements and proof of sufficient funds due to the rising cost of living in Australia.
• Processing time has been fluctuating, with priority given to high-demand courses like STEM and healthcare.

What Are the Financial Requirements for an Australia Student Visa?

When applying for a student visa in Australia, proving you have enough funds is a crucial step. The Department of Home Affairs website clearly states that applicants need to provide financial proof to ensure they can cover tuition fees and living expenses throughout their course of study.

If you want to pursue education in one of the world’s most popular study destinations, understanding these requirements is a must.

Minimum Bank Balance and Proof of Funds Needed

The Australian government requires international students to show a minimum bank balance to cover their expenses while they study in Australia. As of 2024, you must provide evidence of:

• Living costs: At least AUD 24,505 per year for students.
• Tuition fees: Proof of at least one year’s Australia university fees, which varies by course of study and university.
• Travel costs: Around AUD 2,000 to 3,000 for return flights.

If you have dependents, you’ll need additional funds:

• Spouse/partner: AUD 8,574 per year
• Children (under 18 years of age): AUD 3,670 per year per child

Australian Government’s Cost of Living Criteria

Before you are granted a student visa, you must apply for a new student visa with updated cost of living requirements. The Australian government’s department calculates the cost of living based on:

• Accommodation type (on-campus, shared rental, homestay)
• Transport, utilities, and personal expenses
• Overseas Student Health Cover (OSHC), which is mandatory for visa holders

These costs are separate from tuition fees and living expenses, and you should check the Department of Home Affairs website for updates before lodging your visa application form.

Tuition Fees and Payment Plans for International Students

• Tuition fees vary based on the main course of study and institution.
• The visa application includes a package of tuition, material fees, and enrollment costs.
• Most universities offer flexible payment plans, allowing students to pay tuition in installments instead of upfront.

Acceptable Sources of Funding for Visa Approval

To apply for the visa, you must show that your funds come from acceptable sources, such as:

• Personal savings (held for at least 3 months before application)
• Sponsorship by a government, employer, or scholarship
• Education loans (only from recognized financial institutions)
• Parental or guardian financial support (with income proof)

Having sufficient funds ensures your visa remains valid and prevents complications with visa status during your study program.

How Can You Reduce the Australian Study Visa Pricing?

Applying for a student visa to study in Australia is expensive, but there are ways to cut down costs without compromising your education. From scholarships to budget-friendly universities, making the right choices can reduce your expenses significantly.

Here’s how you can manage the study visa cost in Australia effectively.

1. Scholarships and Financial Aid Options for International Students

Many universities offer scholarships to help students outside Australia afford tuition and visa fees. Some of the top scholarships for international students include:

• Australia Awards Scholarships – Funded by the Australian government, covering tuition, living expenses, and travel.
• Destination Australia Scholarship – Supports students in regional universities, which are often more affordable.
• University-specific scholarships – Many institutions offer merit-based and need-based financial aid.

Before you apply to study, check the available scholarships on the department’s website and prepare your visa documents requirements accordingly.

2. Choosing Affordable Universities and Cities in Australia

Not all universities and cities in Australia have the same cost of living. Choosing affordable institutions and locations can lower tuition fees and living expenses in Australia.

• Cheaper universities:
  • Charles Sturt University
  • University of Southern Queensland
  • Federation University Australia
• Affordable and best cities to study in Australia:
  • Adelaide – Lower cost of living compared to Sydney/Melbourne
  • Hobart – Affordable rent and fewer international students
  • Perth – Lower tuition fees and cheaper public transport

Living in these cities can reduce your expenses, making it easier to pay the visa fees while managing your budget.

3. Part-Time Work Opportunities to Cover Expenses

Australia allows student visa holders to work up to 48 hours per fortnight during the semester and unlimited hours during breaks. Jobs in retail, hospitality, and tutoring can help you cover tuition fees and living costs.

• How to find jobs?
  • Use Visa Entitlement Verification Online (VEVO) to check work rights.
  • Apply through university job boards and platforms like Seek & Indeed.
  • Focus on cities with better job opportunities to maximize earnings.

Working part-time can significantly reduce your financial burden, ensuring you have enough money to cover expenses while your visa remains valid.

4. Visa Fee Waivers and Discounts for Eligible Students

While visa pricing is fixed, some students may qualify for waivers. In certain cases, the Australian government has provided free extensions or fee reductions to students who have started their courses but were affected by disruptions.

• Who is eligible?
  • Students who apply for a further visa due to COVID-19 disruptions.
  • Government-sponsored scholars may have their visa required fees covered.
  • Some universities offer partial reimbursements for international students.

Always check the department’s website for updates before you lodge your online application.

5. Budgeting Tips for Managing Costs in Australia

If you’re an Indian student or from another country, smart budgeting is key to affording your stay in Australia for the duration of your studies.

• Use student discounts – Many transport systems, grocery stores, and entertainment places offer student discounts.
• Find shared accommodations – Rent in university halls or shared housing is cheaper than private apartments.
• Cook your own meals – Eating out often can be expensive; cooking at home saves money.
• Plan your expenses using budgeting apps – Keep track of where your money goes to avoid overspending.

By making smart financial choices, you can apply for a student visa without worrying too much about expenses.

Conclusion

The study visa cost in Australia is a significant factor for international students, but with careful planning, it can be managed effectively. You also need to provide proof of funds, adhere to student visa conditions, and ensure that your visa remains valid throughout your course of study. If you fail to meet the requirements, your visa may get delayed or even cancelled, affecting your ability to study in Australia.

To avoid complications, use reliable resources like Ambitio to streamline your visa application process. Whether you need help understanding the kind of visa you need, visa-based requirements, or finding affordable study options, Ambitio ensures a hassle-free journey to your dream university. Apply for a student visa confidently with expert guidance. Get started with Ambitio Elite today!

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