Proof of Funds Requirement for Students
The evidence of funding that students need to study in Australia is explained in the information that follows.
Type of Applicant | Before 10 May 2024 | After 10 May 2024 |
Primary Applicant | AUD 24,505 | AUD 29,710 |
Spouse/Partner (of student applicant) | AUD 8,574 | AUD 10,394 |
Dependent Child | AUD 3,670 | AUD 4,449 |
Annual School Costs | AUD 9,661 | AUD 13,502 |
Personal Annual Income (no family) | AUD 72,465 | AUD 87,856 |
Personal Annual Income (with family) | AUD 84,543 | AUD 102,500 |
Australia Student Visa Fees
The Australia Student Visa Fee is explained in the tabular representation that follows.
Visa Type | Base Fee (AUD) | Dependent Fee (AUD) |
Subclass 500 (Student Visa) | Starting from $1,600 | N/A |
Subclass 590 (Student Guardian Visa) | $710 | N/A |
485 Visa (Post Study Work Stream) | Starting from $900 + GST | Additional $400 for each dependent |
485 Visa (Graduate Work Stream) | Starting from $1,400 + GST | Additional $400 for each dependent |
Australia Student Visa Processing Time
Make sure you meet all qualification requirements before submitting your visa application. Typically, it takes a month to process your visa. The visa can be applied for 124 days before the start of the course, and you can travel to the country 90 days before the start of the course.
Your wards may apply for a comparable Subclass 500 visa if you have any. You should name your wards on your visa application, even if they won't be able to come with you right away. If not, they might not later be eligible for a dependent visa.
Top Universities of Australia in 2024
The following information represents the top universities in Australia in 2024.
Rank | University | QS Ranking | THE Ranking |
1 | The University of Melbourne | 14 | 37 |
2 | UNSW Sydney | 19 | 84 |
3 | The University of Sydney | 19 | 60 |
4 | Australian National University (ANU) | 34 | 67 |
5 | Monash University | 42 | 54 |
6 | The University of Queensland | 43 | 70 |
7 | The University of Western Australia | 72 | 143 |
8 | The University of Adelaide | 89 | 111 |
9 | University of Technology, Sydney | 90 | 148 |
10 | Macquarie University Sydney | 130 | 180 |
Cost of Studying in Australia
In Australia, study programs in the humanities, arts, and education are far cheaper than those in engineering and medicine. Furthermore, the cost of post-graduate academic programs is higher.
Study Program | Average Tuition Fees (AUD) |
Bachelor / Undergraduate Degree | $15,000 – $35,000 annually |
Master’s / Postgraduate Degree | $20,000 – $40,000 annually |
Doctoral / Ph.D. Degree | $14,000 – $37,000 annually |
Intakes in Australia
The following tabular information explains the general intakes that take place in Australia.
Intake | Description |
February | Most undergraduate and graduate programs begin at this time, making it the most typical time for new students to start their studies. |
July | Less frequent intake but valuable for those unable to join in February. |
November | Some institutes offer this intake to a few programs to suit the shorter duration of courses or to some disciplines. |
What requirements must be satisfied to be granted an Australian student visa?
• You must be working full-time at an officially recognized Australian educational institution.
• You must be over six years of age.
• You must show enough tuition, living expenses, and traveling money.
• You might have to demonstrate your competence in the use of the English language, which could sometimes be by a test of your skill, as is in the case of TOEFL or IELTS.
• The requirements that both your physical and ethical should meet should be the same.
Which documents should I include with my student visa application for Australia?
• The enrollment certificate that your educational provider has given you
• Financial records that demonstrate your financial stability, such as bank statements and/or a scholarship letter.
• The results of an English language competency test if you have not finished at least five years of secondary school in a setting where instruction was given in English.
• International Student Health Insurance (OSHC)
• documentation proving identity and a valid passport for at least six months.
