Australian loans for international students

Dreaming of studying in Australia? It’s never too early to start planning financially. Tuition fees for international undergraduate students typically range from AUD 35,000 to AUD 55,000 per year, depending on the university, course of study, and location. For example, STEM and medical programs are generally more expensive than humanities or social sciences​. However, there are lots of scholarships available to help pay for your studies. 

In this article, we’ll look at what funding is available for international students in Australia. By the end, you’ll have a list of resources to explore to find the scholarship that’s right for you.  

Are you eligible for a scholarship? 

Australia offers grants, bursaries, and scholarships to people from around the world – including undergraduate, postgraduate, PhD, and vocational students. They’re funded by the government, universities, and private entities.  

The Australian Government has an excellent scholarship search tool on its website. With it, you can search for funding opportunities based on a whole range of factors – like what country you come from, what university you’re attending, and your area and level of study. You’ll see how much each scholarship is worth, who it’s made for, and of course, whether you might be eligible.  

Australian scholarship opportunities  

Now, let’s cover a few scholarship opportunities for international students in Australia. 

Australia Awards Scholarships 

Australia Awards scholarships are offered to global student leaders from developing countries. They’re awarded by the Department of Foreign Affairs and Trade (DFAT), and support students with full tuition, airfare, living costs, and more. In 2021, 818 Australia Awards were given to students from 20 countries worldwide.  

Destination Australia Awards  

The Australian government introduced the Destination Australia program to provide both local and international students with the opportunity to study in more regional and remote areas of Australia – towns such as Ballarat (Victoria), Gatton (Queensland), and Lismore (New South Wales). The scholarships are given out through Australian universities and provide students with up to $15,000 AUD each year.  

University-specific scholarships 

In addition to government-provided scholarships, universities also offer their own scholarships to qualifying international students. There’s the James Rice Postgraduate Award at The Australian National University (ANU); International Stand Out Scholarship at Bond University, and the Adelaide Refugee & Humanitarian Postgraduate Coursework Scholarship at University of Adelaide.

The point is, universities offer lots of scholarships for international students based on a long list of eligibility factors – like home country, area of study, and academic merit. 

To search for funding opportunities at your own institution, use the search tool on the Australian Government website.

A case study: Monash University scholarships 

To get an idea of all the different scholarships that can be offered by Australian universities, we’ll take a closer look at one popular institution for international students: Monash University.  

Monash University is recognized for its research and teaching, and offer more than 80 scholarships to international students, including:   

• Monash International Tuition Scholarships

• Monash International Merit Scholarships

• The Dal Sasso Family Scholarships

• The Monash Jazz Music Scholarship

Universities throughout Australia offer similar scholarships.  

To apply for any scholarship or funding opportunity, you’ll need to contact the scholarship provider.  

Other ways to fund your studies 

As an international student, there are other options to pay for your studies in Australia.   

One of the biggest perks of studying in Australia is that international students can work up to 48 hours every two weeks while studying and unlimited hours during study breaks on an Australian student visa. The minimum wage is $24.10 per hour or $915.90 per week,  meaning you’ll be able to put some money aside to help fund your education.

 Depending on where you are from, you might also be able to get a student loan or scholarship from your own country to study overseas.  

Last updated 20 December 2024.

PTE Academic can support you on your journey abroad. Our computer-based, bias-free English language proficiency test is accepted by all universities in Australia – as well as by the Department of Home Affairs for all visa categories. 

Learn more about PTE Academic in Australia.

Studying abroad in the UK can be expensive. International students need to budget for flights, tuition, textbooks, accommodation, and don’t forget the visa application.

Of course, living costs in the UK for international students can vary depending on your lifestyle and where you live. So, in this blog, we’ll look at how much students in the UK spend on average each month – and explore how much it cost to live in a large city, compared to a smaller city.  

Average student living expenses in the UK

At the beginning of this year, new Brexit-related rules went into effect in the UK and the EU.  They’ll have a big impact on immigration and travel – including on how people will be able to move to the UK to live, work and study. 

If you’re an EU citizen—and started living in the UK before 2021—immigration rules won’t change for you until June. But after that, you might have to apply for the EU Settlement Scheme to stay in the country. 

More than 4.3 million people have been approved for the scheme already. And, they’re on the path to receiving a British passport. With the EU Settlement Scheme, EU citizens can apply for British citizenship after 12 months. 

In this blog, we’ll explore more about the scheme and how to apply for citizenship. We will also look at the English language requirements you’ll need to keep in mind as an EU citizen. 

Keep in mind: We aren’t immigration agents. For the latest information and official updates, please visit the GOV UK website. 

First, what is the EU Settlement Scheme?

The EU Settlement Scheme is a program set up by the UK government. It allows EU, Swiss, and EEA citizens to keep living in the UK after June 2021. It’s free to apply, and once you do, you’ll be granted either: 

• Settled status – You’ll get this if you’ve lived in the UK continuously for five years. You will be able to stay in the UK indefinitely provided you don’t leave the UK for 5 years consecutively.

• Pre-settled status – You’ll get this if you’ve lived in the UK for less than five years. With pre-settled status, you’ll only be able to stay in the UK for another five years but can always apply for settled status later if you want to settle permanently. 

With settled status, as we mentioned, you’ll also have the opportunity to apply for British citizenship. Although, many people have decided to apply for citizenship right away instead of going through the scheme – for example, if they have a British parent or spouse. 

With citizenship, you’ll have the right to live permanently in the UK with a British passport, which means you’ll no longer be subject to immigration controls. You’ll also be able to work and study in the UK, sponsor your family members to migrate, access NHS healthcare, access public benefits and pensions  – and of course, vote in elections. 

The Mayor of London’s website has a comprehensive FAQ on the EU Settlement Scheme. You can also find out more information on the official GOV UK page.

How to apply for British citizenship 

If you’re interested in applying for British citizenship, there are a few ways to do so. For example, you could be eligible if you: 

• have a British civil partner or spouse;

• were born in the UK;

• have a British parent;

• have settled status under the EU Settlement Scheme. 

The requirements for citizenship are often different, depending on why you’re applying and how you’re eligible. But if you’re applying under the EU Settlement Scheme, in most circumstances you’ll have to show you: 

• have been living in the UK for more than five years and will continue to do so;

• are of good character;

• have passed the Life in the UK Test, which consists of 24 questions on British traditions;

• are knowledgeable in English, Welsh, or Gaelic. You will also need to take an approved English test for UK citizenship.

Learn more about how to apply for British citizenship with the scheme here.