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Studying in Australia - Just How Expensive Is It?

Studying in Australia - Just How Expensive Is It?
December 16, 2019

Studying in Australia - Just How Expensive Is It?

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While you decide to take up higher education in a country like Australia, you should be well aware of the fact that it is not at all an easy path to walk onto! Trying to shift to yet a foreign land involves a small fortune; inclusive of both the living expense as well as the education fee. Affording such an amount is not everyone’s cup of tea; eventually leading to students applying for education loans without much knowledge and information. Let’s learn about the education loans available for migrants with leading professionals at Online Assignment Expert, who are considered to have sound knowledge of Australia’s education systems and its universities as they help students with their assignments. 

Why Do Students Migrate To Australia For Higher Education?

When you decide upon the destination, Australia, to pursue higher education, you imagine a place with clean air and water, outback bush, and a high standard of living. Well, they have much more to offer! Many students migrate to Australia for its easy-going nature, excellent education system, and an amazing exposure towards the international market and experience that a lot of students come on the search for. 

As per our assignment help experts, students also get to grow and learn with the latest technologies and experience they grasp while taking care of internships and part-time jobs. Also, the cost of living is considered to be the highest in the world, making it affordable with part-time jobs. Pursuing higher education in Australia allows students to gain global exposure along with international recognition because of its world-famous educational institutions. 

Cost of Living In Australia

Australia is considered to be a magnificent place to pursue higher education. The ex-pat who is planning to shift to Australia often seems concerned with the living cost along with the education and tuition fees. The monthly expense of living in Australia holds in cost of the following needs:

  1. House rent
  2. Transportation
  3. Groceries
  4. Basic utilities such as internet, gas,  electricity, etc
  5. Health insurance

There are some marked additional living expenses that are unavoidable like:

  1. Eating out
  2. Entertainment 
  3. Shopping expenses
  4. Vacation 

Therefore, inclusive of all the above-mentioned necessities, the monthly requirement for one individual is somewhere around AUD 2500-3000. However, it may vary from person to person, depending purely upon the individual, residence they are staying in, and other factors. After two years of stay in Australia, when you become one of the permanent residents of Australia, you tend to become eligible for a lot of social benefits, leading to a reduction in the monthly and yearly expenses.

Education Loan And Its Types

Education loan is nothing but the money borrowed from banks in order to full fill the dreams and aspirations of pursuing higher education in top-notch countries like Australia. There are two types of loans available under the name of Education Loan- Secured and Unsecured Loans. 

As per our assignment help experts, while applying for any such loan, the students must take care of the nature of the collateral that is being submitted by them in order to request for a loan. Your submitted collateral is the most important point for you to get an education loan. With this loan, students get relieved from worrying about education and living expenses in Australia. 

Cost As Per The Applied Course

The tuition fee and cost of living vary according to the course applied by students. This section will help you to calculate the right amount of loan before applying for the same, and thus will make you aware of the amount you need in hand to study in Australia. 

Cost As Per The Applied Course

Want To Study In Australia? Get a Class-Apart Assistance From Experts Instantly

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