Studying abroad is a dream for many Nepali students. The good news here is that there are many ideal destinations for Nepali students. One such destination is Australia. However, before travelling to study in Australia, there are many aspects you should be familiar with. Among many aspects you need to know, cost is undoubtedly one of the key aspects to know. So, what is the cost of studying in Australia from Nepal? 

In this blog, we discuss the general overview regarding the total cost of studying in Australia from Nepal. So, with this in mind, let's get started.

Factors Affecting Cost Of Study in Australia From Nepal

Before talking about the cost of studying in Australia, we first need to talk about various factors affecting the cost of studying in  Australia from Nepal. Some of the key factors that affect the cost are as follows:

1. Tuition Fees

Tuition fees vary based on the level of study (undergraduate, postgraduate) and the institution. Public universities generally cost less than private ones, and course duration also impacts the total tuition cost.

2. Living Expenses

Living expenses include accommodation (on-campus housing, off-campus apartments, shared housing, or homestays), food and groceries, utilities (electricity, water, gas, internet), and local transportation costs.

3. Travel Expenses

Travel expenses encompass the cost of airfare between Nepal and Australia and daily commuting costs within Australia, such as buses, trains, and trams.

4. Health Insurance

Overseas Student Health Cover (OSHC) is mandatory for international students, covering medical and hospital care.

5. Study Materials

Expenses for study materials include textbooks, stationery, and other necessary supplies, as well as technology like laptops and software required for coursework.

6. Visa and Processing Fees

Visa-related costs include obtaining an Australian student visa and other fees such as institution application fees, English proficiency tests (like IELTS), and visa processing services.

7. Personal Expenses

Personal expenses cover clothing appropriate for different seasons, entertainment, social outings, and miscellaneous unforeseen costs or emergencies.

8. Scholarships and Financial Aid

Scholarships and financial aid can significantly reduce the financial burden. Various scholarships are available based on merit, need, and specific criteria offered by institutions and governments.

9. Location

The cost of living varies significantly between major cities (like Sydney and Melbourne) and regional areas, with cities generally being more expensive.

These are just some of the key factors that affect the cost of studying in Australia from Nepal. Needless to say, there can be many other factors that affect the cost depending on your personal circumstances.

Also Read: Study in Australia From Nepal | Process and Requirements

Cost To Study in Australia From Nepal

Although we cannot provide you with a specific cost, we can provide you with an average estimation. The cost breakdown regarding the cost are as follows:

1. Cost of English Proficiency Test

The cost for English proficiency varies depending on the institution and English proficiency test. If you decide to take IELTS or PTE, the preparation cost ranges from NPR 5,000 to NPR 15,000. Additionally, the IELTS registration fee is around NPR 25,300 for a paper-based test and NPR 23,650 for a computer-based test. 

The registration for the PTE exam is USD 180 from Nepal.

2. Cost To Study in Australia

According to the Australian Government Department Of Home Affairs, the estimated cost of a student visa (Subclass 500) is around AUD 710 for the main applicants. However, the cost varies depending on the specifics of the subclass. 

There is also a charge for each family member who applies for the visa. You may also have to pay other costs for health checks, police certificates, and biometrics. You can use a visa pricing estimator to get the specific cost of your visa.

A. Study Cost in Australia for Nepalese Students

The study costs in Australia are determined by the type of qualification you pursue and the university you attend. Furthermore, the study cost for Veterinary and medical degrees are more expensive than other forms of education. Regardless, the tuition fees at Australia's tertiary institutions typically range between AUD 20,000 and AUD 30,000 per year. This is around NPR 17,64,961 to NPR 26,47,442. 

The general range of course costs as per the various types of qualifications are as follows:

Do note that this is just an average cost. If you want to get a better estimation, do visit the cost of living calculator.

B. Accommodation Cost 

Along with the cost of studying in Australia from Nepal, you also need to consider accommodation costs before making the decision. The average estimation regarding the cost of accommodation in Australia is as follows: 

• Accommodation Type: Hostel and Guesthouse
  Estimated Expenses Per Week: $90 to $150
  
  
• Accommodation Type: Shared Rental
  Estimated Expenses Per Week: $95 to $215
  
  
• Accommodation Type: On-Campus
  Estimated Expenses Per Week: $110 to $280
  
  
• Accommodation Type: Homestay
  Estimated Expenses Per Week: $235 to $325
  
  
• Accommodation Type: Rental 
  Estimated Expenses Per Week: $185 to $440

Do note that this is just an average estimation. The specifics will vary depending on the establishment.

C. Living Expenses

Along with accommodation costs, you should also consider the living expenses before deciding to study in Australia. The average estimation regarding the living expenses is as follows: 

• Living Expenses: Food
  Weekly Spending: $140 to $280
  
  
• Living Expenses: Gas and Electricity
  Weekly Spending: $10 to $20
  
  
• Living Expenses: Phone and Internet
  Weekly Spending: $15 to $30
  
  
• Living Expenses: Public Transport
  Weekly Spending: $30 to $60
  
  
• Living Expenses: Car (If you purchase)
  Weekly Spending: $150 to $260
  
  
• Living Expenses: Entertainment 
  Weekly Spending: $80 to $150
  
  
• Living Expenses: Transportation
  Weekly Spending: $30 to $60

D. Insurance and Tax Costs 

Along with living costs, you should also consider the insurance and tax cost as well. The insurance cost covers the following:

• Doctor visits
• Some aspects of hospitalization
• Ambulance service
• A limited supply of medicine

To cover these costs, you would need to spend an average of $500 per annum for your OSHC in Australia. 

If you work as a part-time international student in Australia, you would need to get a Tax File Number (TFN). However, you are only allowed to work for 20 hours per week and full-time during vacations. If you choose to work along with studies, you would be taxed an average of 15.5%.

Also Read: How Much GPA IS Accepted For Study In Australia From Nepal

Conclusion

Australia is one of the dream destinations for many Nepalese students. Therefore, it should not be a surprise that many people want to study in this nation. However, before studying in this nation you should consider the cost of studying in Australia from Nepal. That said, there are many factors you should consider, such as tuition fees, travel expenses, health insurance, and study materials. Furthermore, this also varies depending on various aspects such as level of education, visa, study cost, accommodation costs, and more. 

In this blog, we discussed the cost of studying in Australia from Nepal. We hope you found this helpful. If you want further details regarding various aspects of studying in Australia, do check out some of our other blogs. And if you want expert services regarding education in Australia, look no further than AIMS Education, the best consultancy in Nepal. Thank you for reading till the end.

Other Related Blogs:

• Best Course to Study in Australia From Nepal
• Top Reasons to Study in Australia
  
• Why Study in Australia? Discover the Top Reasons and Advantages
  

FAQs on Cost To Study in Australia

1. How much money is required to study in Australia from Nepal?

The specific cost varies depending on many factors. However, the average estimation is around $22,000 to $50,000 annually.

2. What is the total cost of an Australian student visa?

The total cost for an Australian student visa under subclass 500 is $710.

3. Is Australia too expensive to study?

Although the cost of studying in Australia is relatively high, it is still affordable.

4. How much bank balance is required for an Australian student visa?

Starting from May 10th, 2024, the bank balance required for an Australian student visa is $19,576 or AUD 29,710.

5. How much money is required to study in Australia?

The average cost to study in Australia is between AUD 18,000 to AUD 50,000 per year.

6. How much is rent in Australia?

The specific cost varies depending on the type of accommodation. Regardless, it ranges between $90 to $440 per week.

7. How much is Australian 1 dollar in Nepalese rupees?

The currency exchange rate at the time of this writing is 1 AUD: NPR 88.31.

8. How much is Australia 5000 dollars in Nepali rupees?

AUD 5000 is around 441551 in Nepali rupees.