Studying in Australia: Expensive, yet Totally Worth It
Overtime, Australia has become a top choice for international students seeking higher education, drawn by its outstanding educational standards, safe and welcoming atmosphere, breathtaking beaches, delightful climate, vibrant cities and nightlife. However, this popularity has led to increased expenses overall.
For instance, in Sydney, renting a one-bedroom apartment can be expensive, ranging from AUD$250/week for a share house and AUD$800+ per week for an apartment in the city, while dining out for two in an average restaurant may cost around AUD$80. Similarly, in Brisbane, rental costs for a one-bedroom apartment can easily be around AUD$200/week for a share house and AUD$650+ per week for an apartment in the city, with dining out costing around AUD$50 for two. Essential utilities alone can amount to approximately AUD$150 monthly.
Comparatively, what might cover a month’s worth of groceries in other parts of the world could only last a week in some areas of Australia. When factoring in entertainment, clothing, travel, tuition and other expenses, pursuing education in Australia can be financially demanding.
Though it comes at a price, the investment is truly worth while
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Though it comes at a price, the investment is truly worth while ~
Australia is home to an exceptional education, warm hospitality and abundant opportunities through thriving local economies. Its strategic location near Asia offers a gateway to diverse cultures, fostering language proficiency in English and multicultural understanding.
Studying in Australia is a unique immersion into another way of life, providing firsthand insights into different cultures and perspectives — an invaluable aspect of personal and academic growth.
What makes Australia so popular, despite the high costs?
Australia’s allure as a study destination is undeniable, but its higher cost demands creative solutions.
Planning strategically before ever leaving for Australia can make your studying abroad journey more financially manageable.
While it’s true that Australia can be pricier compared to some destinations, not every part of the country carries the same high costs as cities like Sydney and Melbourne, which rank among the world’s most expensive. Take Adelaide, for instance, known for its stunning beaches, a three-bedroom apartment here can be more affordable than a one-bedroom in Sydney/Melbourne, offering a rental cost that’s approximately 42% lower.
The advantages extend beyond housing, groceries are about 10-15% cheaper.
These savings accumulate significantly throughout your study period, potentially funding additional trips around Australia during your time in the country.
Choose the right program
Among the costliest aspects of studying abroad is accommodation. Opting to share rent with roommates significantly reduces this expense.
Tuition fees are another significant factor during a study abroad stint.
Of course, another expense during a study abroad experience is tuition.
Going for a traditional university degree requires a commitment of at least 2-5 years, leading to substantial costs in terms of rent, tuition, food, transportation, and flights to and from Australia. To lower these expenses, consider programs with more flexible or shorter duration.
Enrolling in a Vocational and Training (VET) college offers the same high-quality Australian education and a student visa without the prolonged financial commitment. Shorter programs not only save money but also ensure you still gain the desired Australian experience. This approach allows you to optimise savings while pursuing your academic goals.
You can read more on why you should enrol in a VET course here.
Cover the costs
Another advantage? You might qualify to work in Australia on a student visa. Balancing work and study not only enrich your CV with international experience but also helps offset the costs of your education abroad. Enrolling in a VET course equips you with sought-after skills that enhance employability, potentially leading to quicker job placement - helping you get ahead financially.
Australia’s minimum wage is quite high, averaging around AUD$21.70 per hour for junior workers (those under 21 years old), ensuring a fair income. You can find more details about minimum wage here
Even a part-time job can significantly contribute towards covering your expenses, while simultaneously providing valuable work experience and expanding your network. This dual approach helps you manage your financial responsibilities while making the most of your time in Australia.
Why invest in studying abroad in Australia?
There’s a saying that goes, “You get what you pay for,” and this rings true in the context of studying abroad.
While Australia may not be the most budget-friendly option, it is undeniably one of the finest, which is why over 645,000 foreign students choose it each year. Australia offers not just a superb lifestyle and stunning natural beauty in a temperate climate but also a wealth of opportunities.
For students, Australia is home to five of the top thirty best “student cities” globally, ensuring a blend of student life, affordability, quality of living, and employment prospects. Many regions of Australia are experiencing significant growth, translating into job opportunities, making it an ideal choice for those with long-term career plans beyond their home country.
Even if you don’t intend to settle in Australia post-graduation, international credentials on your CV/resume hold substantial value for employers seeking a global perspective. They also appreciate the courage displayed by those who step out of their comfort zones.
Above all, studying in Australia exposes you to diverse experiences. With a multicultural population representing various corners of the globe, you’ll encounter new cultures, cuisines, perspectives, and ideas that enrich your worldview permanently.
Studying abroad isn’t just about the diploma or certificate; it’s also about building connections, creating unique experiences, and embracing personal growth in a country renowned for its warmth and hospitality.
Interested in studying abroad in Australia? Reach out to us by using the contact form down below ⬇️
