Australia is one of the most popular destinations for Nepali students, offering high-quality education, global recognition, and vibrant student life. However, understanding the financial commitment is crucial before embarking on this journey. These are a few major factors that come into consideration.
- Tuition Fees: Undergraduate programs typically range from AUD $20,000–45,000 annually. Postgraduate degrees can cost AUD $22,000–50,000. Specialized programs like medicine or law may have higher fees. Make sure to check out the university websites and social media handles to know the exact cost. Some institutions even have a net price calculator.
- Living Costs: The Australian government requires proof of at least AUD $21,041 annually for living expenses. This includes accommodation, food, transportation, and healthcare.
- Health Insurance: Overseas Student Health Cover (OSHC) is mandatory and costs approximately AUD 500–700 per year.
How Benchmark Global Consultants Can Help?
- We provide a clear breakdown of all costs, helping you budget effectively for tuition, living expenses, and hidden costs. Our financial experts assist in identifying part-time work opportunities and scholarship programs to offset expenses. We also ensure you meet all financial documentation requirements for visa applications.
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