Alumni Said Business School, University of Oxford, UK
Facts about Studying in Australia
Australia provides more than 1,200 educational institutions with 22,000 courses to choose from, providing a wide selection of study alternatives for overseas students. From elementary and secondary school through vocational education and training (VET), from English language classes to higher education like bachelor's, master's, and research degrees (at universities), students can study at all levels of education. Australia's laws support high-quality education and protection for international students, regardless of what or how long they are studying there. Australian cities consistently rank highly among the world's most liveable and student-friendly cities.
Let's look at some facts about studying in Australia:
1. The cost of living in Australia is high
The top 10 lists of the world's priciest cities typically include Sydney and Melbourne. So make sure you have enough cash on hand and be ready for sticker shock when it comes to everything from housing to groceries.
Create a budget and make every effort to stick to it. For living expenses, excluding tuition, accommodation, and board, our experts advise budgeting an additional $6,000–$7,000. Then, include them in the informative cost breakdown for studying abroad in Australia.
2. Australia consists of the top 6 of the 100 universities.
Despite being relatively new in comparison to colleges like Harvard in the US and Oxford in the UK, Australia's educational institutions are among the best. In the top 100 universities, according to the Times Higher Education World University Rankings 2020, were the University of Melbourne, Australian National University, University of Sydney, University of Queensland, University of New South Wales, and Monash University.
3. Getting Health Insurance
Before submitting an application for a student visa, international students must get Overseas Student Health Coverage (OSHC). This coverage must be in effect at least one week before your course starts and valid the entire time you are studying in Australia.
You must write down the name of the health insurance company, the start and end dates of the policy, and the policy number. This information could be requested from you by your university or during the visa application process. Before starting the process, ensure you are eligible because some nations are exempt from the OSHC standards.
4. Know about the grading system.
High Distinction (HD) – A high distinction, which is the academic equivalent of an A+ or first-class degree, is given to students who receive a grade of 83 per cent or above on their degree.
Distinction (D) – A distinction, or the equivalent of an A or upper-class second, is given for a score of 73% to 82.99%.
Credit (C) is a grade between 63 and 72.99 per cent, equivalent to a B or lower-class second.
Pass (P) - A pass is equivalent to a C or third-class certification and covers 50% to 61.99% of the exam.
Failure (F) - A failure is when a student has a grade of less than 50% and is unable to graduate.
5. Obtaining a student visa
All international students must apply for the subclass 500 student visa if they want to study in Australia. Postgraduate students that are passionate about research are the sole exception. The visa costs A$630 and is valid for up to five years, depending on your academic schedule.
If you want to apply for a student visa, some of the key documents required are:
•Identity cards or a passport
•Letter of acceptance from your Institute
•Proof of sufficient health insurance
•Proof of credentials
•Evidence of Funds / Financials as required by respective department
You could also be required to demonstrate your proficiency in English at a particular level and submit information on your partner or dependents if they are accompanying you.
6. Working while studying
International students with student visas are permitted to work up to 48 hours per fortnight (from 1st July23) during term time to help pay for living expenses in Australia.
Many occupations are available in the retail and tourism industries, hospitality, or students might work as instructors or assistants in academic institutions. Australia's minimum wage, which is currently set at A$20.33 per hour approx, is higher than that of other nations.
You may want to consider working in Australia full-time after finishing your courses and securing the appropriate visa. Then, in the last stages of their degrees, universities will help their graduates determine what to do next.
7. An account with a bank must be opened.
Opening an Australian bank account might be worthwhile if you plan to stay in Australia for a semester or longer. Some Australian bank accounts offer a respectable interest rate, and you can avoid the outrageous costs you would probably incur when withdrawing money from your home bank (and everywhere you can save, a tiny bit of money would be greatly needed!). If you did choose to take on some part-time job, this would be helpful. Australian banks will typically ask for these documents to open the account:
•Copy of your passport
• Your Institute ID
•Any Residence proof in Australia
Need any help with studying abroad? We at MapMyStudy help students achieve their study abroad dream with ease. So, book yourself a session and start today with your preparations for moving abroad!