Life in Australia / Budget

Budget for Studying Abroad

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 Home Affairs 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. The Department of Home Affairs 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 $2,790 per year per additional child. These costs do not include the expenses associated with school tuition.

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