04 tips for economically studying in Australia

Based on the report of US News - one of the prestigious organizations in assessing the quality and ranking of universities in the world, Australia is always in the Top 04 leading study abroad destinations with modern life, a healthy living environment, and a modern educational system, etc. However, to study in Australia, finance will be an extremely important condition, especially for those who come from a developing country like Vietnam.

So how to get a degree in Australia while still saving money? Let's have a look at the tips for economically studying in Australia in the below article from Saigon Business School!

Choose the right university and major

Public or private universities: In general, the cost of studying for a Bachelor's degree in Australia for international students will range from AU$20,000 (US 13,675) to AU$45,000 (US 30,769), of which public universities will have lower tuition fees than private schools due to support from the government, province/state, etc. At the same time, the tuition rates between majors also have certain differences due to industry specifics, the entry/output requirements, etc. Accordingly, the industry with the highest tuition fee in Australia is Engineering, Medicine, while students majoring in Sociology, Business Administration, Commerce, Marketing, etc. will only spend a more affordable amount.

Alternative method of studying abroad: Instead of traditional study abroad options, students can now apply for Bachelor's degree programs in Australia but will spend the first 2 years studying basic subjects in Vietnam before transferring to Australia. With this new education method, students can save up to 50% on costs while still experiencing student life abroad and receiving degrees given by leading universities in Australia.

Part-time working while in Australia

Part-time jobs are popular for international students not only in Australia but also in many other countries. However, the policy of allowing international students to work part-time (including document requirements, maximum working hours, allowed jobs, etc.) is different for each country, so students need to carefully research to avoid falling into cases of illegal work, etc.

Accordingly, students will be allowed to work up to 40 hours per 2 weeks (during semester) and unlimited hours (during summer and winter breaks) at supermarkets, restaurants, and cafes. , gardening, fruit picking, babysitting, delivery man, tutor, etc. with an average salary of AUD 19 – 22/hour.

Cut-off unnecessary expenses

Living expenses include housing, meals, transportation, electricity, shopping, etc. can go up to thousands of Australian dollars per month, therefore, for families whose money is not too abundant, students need to know how to manage their finance, or cut unnecessary amounts.

Knowing how to cook a few simple dishes, reducing the frequency of ordering food, sharing a room/apartment with friends, using public transport (bus, subway, train, etc.), buying sales, or taking advantage of free resources/Internet at the university library, etc. will help reduce a large cost for you when studying in Australia.

Apply for scholarships

Aiming of motivating students to study as well as reducing financial burdens when studying abroad, the Australian government and universities always offer attractive scholarship packages for international students. The scholarship can be full (including air tickets, tuition fees, accommodation, travel expenses, insurance, monthly allowance, etc.) or partial depending on the policy as well as the status of each student.

To obtain a scholarship also means that your academic results must be at a relatively good level and actively take part in extra activities.

Some valuable scholarship programs to study in Australia can be mentioned such as Australia Award Scholarship, Macquarie University scholarships, etc.

Hope that students will not have to say goodbye to their dream of studying in Australia because of financial burdens. If you desire to study in Australia but are still confused about choosing a university or major, or building an economical study abroad route in Australia, do not hesitate to contact Saigon Business School Admissions Office or leave consultation information in the box below.