Budget for Studying Abroad
When you live and study away from home, it can be easy to spend your savings quickly. A budget is a handy way to help you manage your expenses. The Department of Immigration and Border Protection (DIBP) estimates you will need approximately $18,610 per year for your stay in Australia.
You will have to allow for additional living expenses if bringing your family with you. DIBP estimates you should budget an additional $6,515 per year for a spouse and $3,720 per year for one child with an additional expense of $2,790per year per additional child. These costs do not include the expenses associated with school tuition.