That’s a great question! Planning finances is one of the most important steps when considering studies in Australia. Here’s a comprehensive guide for parents to help you prepare:

---

1. Tuition Fees

- Undergraduate Degree: AUD 20,000 – AUD 45,000 per year
- Postgraduate Degree: AUD 22,000 – AUD 50,000 per year
- Vocational Courses: AUD 4,000 – AUD 22,000 per year
- Fees vary by university, course, and location. Always check the exact fees on the university’s official website or consult with Pollster Education for the latest updates.

---

2. Living Expenses

As per the Australian government’s requirement for 2025:
- Annual Living Cost: AUD 29,710 (for 12 months)
- This covers accommodation, food, transport, utilities, and other essentials.
- For a spouse or partner: additional AUD 10,394 per year
- For each child: additional AUD 4,576 per year

---

3. Visa Application Fees

Effective from 1st July 2025:
- Main Student Applicant: AUD 2,000
- Spouse/Dependent Partner: AUD 1,225
- Each Dependent Child: AUD 400

---

4. Other Costs to Consider

- Overseas Student Health Cover (OSHC): Mandatory for the length of your visa (ranges from AUD 500 – AUD 700 per year for singles)
- Airfare: Approx. AUD 1,000 – AUD 2,000 (one way)
- Books and Stationery: AUD 500 – AUD 1,000 per year
- Personal Expenses & Emergency Funds: Highly recommended to keep a buffer

---

5. Proof of Funds

The Australian visa process requires you to show evidence of sufficient funds for:
- First year’s tuition
- One-year living expenses (AUD 29,710)
- Travel costs (AUD 2,000 suggested)
- Bank statements, education loans, or scholarship letters are accepted. Funds should be held for at least 3-6 months prior to application.

---

6. Scholarships & Financial Aid

- Many Australian universities offer merit-based scholarships for international students. These can cover partial or full tuition fees.
- Pollster Education can help you identify and apply for suitable scholarships.

---

7. Part-time Work Opportunities

- Students can work up to 48 hours per fortnight during term time and full-time during vacations.
- This can help with day-to-day expenses but should not be relied upon for full tuition or living costs.

---

8. Currency Fluctuations

- Factor in exchange rate variations between INR and AUD, as these can impact the total cost.

---

9. Post-Study Work (PSW) Rights

- After graduation, students can stay and work in Australia for up to 18 months (Bachelor’s/Master’s) or 3 years (PhD).
- This can help recoup some of your investment through local employment.

---

How Pollster Education Can Help

- Detailed financial planning assistance
- Guidance on bank loans, scholarships, and budgeting
- Up-to-date information on cost breakdowns and visa requirements
- End-to-end support with documentation and processes

---

For a personalised assessment and detailed planning, you can visit our office at 8, Alankar Building, 1st Floor, Balaram Street, Above Bank of India, Grant Road (E), Mumbai, or contact us at +919324480791 / info@pollstereducation.com.

Would you like to book a free counselling session to discuss your child’s study plans and finances in detail?