The Australian government requires all international students who intend to study in this country to have funds of at least $21,041AUD per year of stay, per candidate (or $1,750AUD per month, per student). You might be requested to provide evidence of funds. If you come with your partner (married or de facto), they must have another $7,362 AUD separate. If you also have a child, or your partner and want to come with you, you must have another AUD $ 3,152 per companion child under 18yr and not married.

These amounts are basically to cover your stay at a modest level of living in Australia and not depending on a job. These amounts DO NOT include the cost of your course, visa application, flights or anything you require before coming to Australia.These amounts are a reference of what a student spends a year in Australia on average.

Plus, in the following table we outline the average spending in for some services/items in Australia vs. the average income that a student can make:

average spending Australia

pw= per week          pm= per month       pp= per person

  • Cost of your course, registration and materials
  • VISA application $620 AUD plus related expenses  (translations, medical exams, certified copies, biometric data collection, travel in your country to cover the procedure if there is no capture center in your city)
  • Purchase of mandatory medical insurance (OSHC) valued at $590 AUD per year single cover.
  • Buy travel insurance (believe us, you never know when you will need it)
  • American visa fee if you plan to travel through the USA or Canadian ETA
  • Airline tickets (do not buy them until you have your approved visa)
  • Laptop if you need it and you do not have
  • Power adapter(s)
  • Suitcases of good quality
  • Book a taxi or shuttle in advance from the airport to your destination in the city (you can also do it when you arrive)
  • Cover 1 to 2 weeks in advance in a place like Airbnb or a hostel or homestay to find a place to live during your stay
  • Some American dollars in cash to leave emergencies.
  • Taxi or shuttle from the airport to your destination in the city if you did not book in time
  • SIM card prepaid for your cell phone or a data plan
  • Deposit of rent generally of 4 weeks before inhabiting the space, plus the rent of minimum the first 3 months available
  • Personal expenses such as personal hygiene products, towels, sheets, kitchen products, dishes, glasses, containers, lunchbox and so on.
  • Have a budget to buy a bicycle, motorcycle, or public transport pass for the first 3 months at least.
  • Transport card to move around the first days.
  • Shared accommodation in a room rent
  • Private room rental in shared house
  • Rent room couples
  • Rent of a student residence
  • Homestay rent
  • Water bill, electricity bill
  • Cell phone bill
  • Monthly transportation
  • Grocery shopping
  • Meals in restaurants
  • Trips and tours
  • Average monthly spending on entertainment
  • Cost of extension of your course
  • Extending cost of your student visa


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