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Finance Guide

Cost of Studying in Australia 2026: Tuition Fees in INR, Living Expenses & Complete Budget

Priya SharmaFebruary 202610 min readUpdated: 7 Feb 2026
PS

Priya Sharma

Senior USA Education Consultant

Priya Sharma

Senior USA Education Consultant

Priya is a senior education consultant at EEC with over 12 years of experience helping Indian students secure admissions and visas to top US, Canadian, and UK universities. She has personally guided 3,000+ students through the F-1 visa process with a 97% success rate.

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On This Page

  • Total Cost Overview in INR
  • Tuition by Qualification Level
  • Tuition by Field of Study
  • City-Wise Living Expenses
  • AUD $29,710 Financial Requirement
  • Hidden & Visa-Related Costs
  • How to Reduce Your Australia Study Cost
  • Frequently Asked Questions
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The total cost of studying in Australia for Indian students in 2026 ranges from ₹18 Lakhs to ₹55 Lakhs per year depending on the qualification level, university, and city. Average undergraduate tuition is AUD $20,000–65,000/year (≈ ₹11–36 Lakhs), while postgraduate programmes cost AUD $22,000–65,000/year (≈ ₹12–36 Lakhs). Add mandatory living expenses of AUD $29,710/year, the Subclass 500 visa fee of AUD $2,000, and OSHC health cover — and you are looking at a total investment of ₹25–70 Lakhs per year. But here is the good news: with scholarships, part-time work at 48 hours per fortnight, and strategic city selection, Indian students routinely cut their effective cost of studying in Australia by 30–45%. This guide from EEC's Australia education team — with 27+ years of experience and 50,000+ students placed — breaks down every rupee you will spend in 2026.

Total Cost of Studying in Australia 2026 — The Real Numbers in INR

Let us start with the numbers Indian families actually need. The total cost of studying in Australia in INR depends on three critical factors: (1) whether you enrol in an undergraduate, postgraduate coursework, research, or MBA programme, (2) which city you study in, and (3) whether you choose a Group of Eight university or a more affordable regional institution. Here is the realistic range for Indian students in 2026:

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Total Cost of Studying in Australia by Programme Level — 2026 Updated (1 AUD ≈ ₹55.5)
Programme LevelTuition/Year (AUD)Tuition/Year (INR)Living/Year (INR)Total/Year (INR)
Bachelor's Degree (3 yrs)AUD $20,000–65,000₹11–36 Lakhs₹10–18 Lakhs₹21–54 Lakhs
Master's Coursework (1.5–2 yrs)AUD $22,000–65,000₹12–36 Lakhs₹10–18 Lakhs₹22–54 Lakhs
MBA (1–2 yrs)AUD $40,000–90,000₹22–50 Lakhs₹10–18 Lakhs₹32–68 Lakhs
PhD (3–4 yrs)AUD $20,000–45,000₹11–25 Lakhs₹10–18 Lakhs₹21–43 Lakhs
Diploma/Foundation (1 yr)AUD $15,000–35,000₹8.3–19.4 Lakhs₹10–15 Lakhs₹18.3–34.4 Lakhs

These are sticker prices before any reductions. In practice, most Indian students pay less through a combination of merit scholarships, part-time work income, and regional campus savings. A student working the maximum permitted 48 hours per fortnight at Australia's minimum wage of AUD $24.95/hour earns roughly AUD $2,400/month — enough to cover 70–100% of living expenses. With the casual loading rate of AUD $31.19/hour, that figure rises to AUD $3,000/month. PhD students at Australian universities frequently receive full tuition waivers plus living stipends of AUD $32,000+/year through the Research Training Program (RTP).

Pro Tip

Always compare the "net cost" (after scholarships and part-time income) rather than the sticker price. A regional university charging AUD $18,000/year in Adelaide where you can earn AUD $2,400/month part-time may be cheaper out-of-pocket than a Group of Eight university in Sydney charging AUD $45,000. EEC helps you calculate your actual net cost for every institution on your shortlist.

Tuition Fees by Qualification Level — Undergraduate vs Postgraduate (2026)

Australia tuition fees for Indian students vary significantly based on your qualification level and whether you attend a Group of Eight research university, a mid-tier institution, or a regional campus. STEM and medical courses charge a premium over arts, humanities, and business programmes. Here is the 2026 breakdown:

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Australia Tuition Fees by Qualification Level — 2026 (International Students)
Qualification LevelAvg Tuition/Year (AUD)Avg Tuition/Year (INR)Example Institutions
Foundation/Pathway (1 yr)AUD $15,000–35,000₹8.3–19.4 LakhsNavitas, Kaplan, Study Group
Diploma (1–2 yrs)AUD $15,000–30,000₹8.3–16.6 LakhsTAFE NSW, Holmesglen, Box Hill
Bachelor's Degree (3–4 yrs)AUD $20,000–65,000₹11–36 LakhsMelbourne, Sydney, Monash, UNSW
Master's Coursework (1.5–2 yrs)AUD $22,000–65,000₹12–36 LakhsANU, UQ, UWA, Macquarie, UTS
Master's Research (2 yrs)AUD $22,000–50,000₹12–27.7 LakhsMelbourne, UNSW, ANU, UQ
MBA (1–2 yrs)AUD $40,000–90,000₹22–50 LakhsMelbourne BS, AGSM, Monash
PhD (3–4 yrs, often funded)AUD $20,000–45,000₹11–25 LakhsAll Group of Eight universities

The most cost-effective strategy for budget-conscious Indian families is the regional university pathway. A bachelor's or master's at a regional campus costs AUD $14,000–25,000/year — roughly half of a Group of Eight university. Regional graduates also benefit from extended Subclass 485 post-study work visa duration (1–2 additional years) and +5 bonus points for PR under the points system. For students seeking permanent residency, regional study offers the best return on investment because it combines lower tuition with stronger immigration outcomes. All courses must be registered on the Commonwealth Register of Institutions and Courses for Overseas Students (CRICOS).

Confused about Group of Eight versus regional for Australia? EEC's counsellors provide a personalised shortlist with exact net costs, 485 visa duration, and PR pathways for every CRICOS institution. 50,000+ students guided.

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Tuition Fees by Field of Study — Which Courses Cost More? (2026)

Tuition fees in Australia by field of study vary dramatically. Medical, dental, and veterinary programmes are the most expensive, while arts, education, and humanities are the most affordable. Here is the field-by-field comparison for Indian students in 2026:

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Tuition Fees by Field of Study — Australia 2026 (International Students)
Field of StudyBachelor's/Year (AUD)Master's/Year (AUD)PR-Friendly?
Arts & HumanitiesAUD $20,000–35,000AUD $22,000–35,000Limited
Business & CommerceAUD $25,000–45,000AUD $28,000–55,000Accounting — Yes
IT & Computer ScienceAUD $28,000–48,000AUD $30,000–55,000Yes — SOL listed
EngineeringAUD $30,000–55,000AUD $32,000–55,000Yes — SOL listed
Nursing & Health SciencesAUD $28,000–42,000AUD $28,000–45,000Yes — high demand
Education & TeachingAUD $22,000–35,000AUD $24,000–35,000Yes — SOL listed
Data Science & CybersecurityAUD $30,000–50,000AUD $32,000–55,000Yes — SOL listed
Medicine & DentistryAUD $55,000–75,000AUD $55,000–75,000Limited pathway
Social WorkAUD $22,000–32,000AUD $24,000–35,000Yes — SOL listed

Indian students targeting permanent residency should choose courses aligned with the Skilled Occupation List (SOL). IT, engineering, nursing, social work, education, and cybersecurity are not only in high demand but also offer competitive invitation rates for the Subclass 189/190/491 skilled visas. Importantly, these courses often cost less than medicine or dentistry while leading to stronger immigration outcomes. A master's in nursing at AUD $28,000/year leads to a 2–3 year 485 visa and direct PR eligibility — far better ROI than a more expensive course in a non-SOL field.

Good News

The Group of Eight universities — University of Melbourne, ANU, University of Sydney, UNSW, University of Queensland, Monash University, UWA, and Adelaide University — offer world-class education ranked in the global top 100. However, mid-tier universities like UTS, Macquarie, Deakin, and RMIT often provide equal or better employment outcomes at significantly lower tuition. Indian students in 2026 should weigh employability and PR outcomes alongside rankings.

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City-Wise Living Expenses in Australia — Monthly Breakdown (2026)

Living expenses in Australia for Indian students vary enormously by city. A student in inner Sydney or Melbourne spends 1.5–2x more on rent and groceries than a student in Adelaide, Hobart, or a regional town. Here is the city-by-city monthly breakdown:

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Monthly Living Costs in Australia by City — 2026 (Shared Accommodation)
CityRent/Month (Shared)Groceries/MonthTransport/MonthTotal/Month (AUD)Total/Month (INR)
Sydney, NSWAUD $1,200–2,000AUD $400–500AUD $200 (Opal)AUD $2,500–3,500₹1.39–1.94 Lakhs
Melbourne, VICAUD $1,000–1,800AUD $350–480AUD $160 (Myki)AUD $2,200–3,200₹1.22–1.78 Lakhs
Brisbane, QLDAUD $800–1,400AUD $300–420AUD $150 (Go Card)AUD $1,800–2,500₹1.0–1.39 Lakhs
Perth, WAAUD $750–1,300AUD $300–400AUD $140 (SmartRider)AUD $1,700–2,400₹94K–1.33 Lakhs
Adelaide, SAAUD $650–1,100AUD $280–380AUD $100 (MetroCard)AUD $1,500–2,200₹83K–1.22 Lakhs
Gold Coast, QLDAUD $700–1,200AUD $300–400AUD $130AUD $1,600–2,300₹89K–1.28 Lakhs
Hobart, TASAUD $550–900AUD $280–370AUD $100AUD $1,400–1,900₹78K–1.05 Lakhs
Wollongong, NSWAUD $550–900AUD $260–350AUD $80AUD $1,300–1,800₹72K–1.0 Lakhs
Cairns, QLD (Regional)AUD $450–750AUD $250–340AUD $60AUD $1,200–1,600₹67K–89K

The biggest cost-saving decision for Indian students is choosing your city wisely. A student in Adelaide spends roughly AUD $1,500–2,200/month on living, while the same student in Sydney spends AUD $2,500–3,500/month. Over a 2-year master's programme, that is a saving of AUD $24,000–31,200 (₹13.3–17.3 Lakhs) just on living expenses. The savings are even more dramatic for 3-year bachelor's programmes. Pair a regional city like Hobart or Wollongong with a university that charges AUD $18,000–25,000/year tuition, and the total cost of studying in Australia drops below ₹25 Lakhs per year. Regional campuses also qualify for extended 485 visa duration — making them financially and strategically superior for 2026.

Pro Tip

Share accommodation with 1–2 housemates to cut rent by 30–50%. Most Indian students in Australia share 2–3 bedroom houses or apartments. Cook Indian food at home — dal, rice, roti, and vegetables cost AUD $250–350/month versus AUD $600+ eating out. Indian grocery stores (Subzi Mandi, Indian Bazaar, Spice Wagon) stock everything from Toor dal to Haldiram's in every major city. This alone saves ₹2–5 Lakhs per year on the cost of studying in Australia for Indian students.

AUD $29,710 Financial Requirement — Visa Proof of Funds (2026)

The AUD $29,710 annual living cost requirement is a mandatory financial capacity rule for all Subclass 500 student visa applications from Indian students. Since May 2024, the Department of Home Affairs increased this amount from AUD $24,505 to AUD $29,710 per year. You must demonstrate that you have genuine access to these funds — not just temporary deposits — to cover your stay in Australia.

The AUD $29,710 covers rent, food, transport, utilities, and personal expenses for one year. If you are bringing a dependent spouse, you must show an additional AUD $10,394 per year. For each dependent child, add AUD $4,449. School-age children require an additional AUD $13,502 for schooling costs. The total financial capacity calculation is: first-year tuition + AUD $29,710 living + AUD $2,000–3,000 travel + dependent costs (if applicable). For a single Indian student pursuing a master's at AUD $35,000/year tuition, the minimum funds needed are approximately AUD $67,000 (≈ ₹37 Lakhs).

Warning

The Genuine Student (GS) requirement replaced GTE on March 23, 2024. Under GS, visa officers assess whether your primary purpose in Australia is genuine study. Unusually large or recently deposited funds can raise red flags. Ensure your financial documents show a genuine savings pattern, legitimate income sources, or an approved education loan. Minimum annual income of AUD $87,856 is required if using income proof. EEC helps prepare bulletproof financial documentation for the Subclass 500.

Acceptable financial proof includes bank statements (showing 3–6 months history), education loan sanction letters, scholarship letters, or income proof (annual income ≥ AUD $87,856). Fixed deposits, property proof, and other assets can supplement but may not suffice alone. The key is demonstrating that funds are genuinely available and not borrowed temporarily. Many Indian students use a combination of savings + education loan to meet the requirement. EEC provides free education loan guidance and connects Indian students with partner banks like SBI, HDFC Credila, and Prodigy Finance for faster processing.

Need help with financial documentation, OSHC, or Subclass 500? EEC handles the end-to-end Australia visa process.

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Hidden & Visa-Related Costs Most Guides Don't Mention

Beyond tuition, the AUD $29,710 living requirement, and rent, there are hidden costs of studying in Australia that add up to AUD $4,000–10,000 per year. Most guides ignore these, but smart budgeting for Indian students requires knowing every expense:

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Hidden Costs of Studying in Australia — 2026 (For Indian Students)
Hidden CostAmount (AUD)Amount (INR)Can You Avoid It?
Subclass 500 Visa FeeAUD $2,000 (one-time)₹1.11 LakhsNo — mandatory
OSHC Health InsuranceAUD $500–700/year₹28K–39KNo — visa condition
Biometrics FeeAUD $85 (one-time)₹4,700No — mandatory
Medical ExaminationAUD $300–400 (one-time)₹6K–8K (in India)No — mandatory
Textbooks & SuppliesAUD $500–1,200/year₹28K–67KYes — buy used, rent, or digital
Flight Tickets (return)AUD $1,500–2,500₹83K–1.39 LakhsPartially — book 3+ months early
Phone & InternetAUD $60–100/month₹40K–67K/yearYes — prepaid plans at AUD $30/month
Transport PassAUD $100–200/month₹67K–1.33 Lakhs/yearPartially — concession cards available
University Fees (lab, tech, SSAF)AUD $300–600/year₹17K–33KNo — mandatory
Bank Transfer Fees (India → Australia)AUD $10–30 per transfer₹3K–10K/yearYes — use Wise, Remitly
Dependent Spouse (if applicable)AUD $10,394/year₹5.77 LakhsN/A — if bringing spouse
Each Dependent ChildAUD $4,449/year₹2.47 LakhsN/A — if bringing children

OSHC is non-negotiable. Overseas Student Health Cover is a mandatory visa condition for every international student on a Subclass 500 visa. You must purchase OSHC from an approved provider (Allianz, Bupa, Medibank, nib, or CBHS) for the full duration of your visa before applying. OSHC costs AUD $500–700/year and covers doctor visits, hospital stays, ambulance, and some prescriptions. Since January 2026, pregnancy waiting periods have been removed for policies of 2+ years. Factor these hidden costs into your budget: they add roughly ₹3–8 Lakhs per year to the cost of studying in Australia for Indian students.

How to Reduce Your Australia Study Cost — 7 Proven Strategies for 2026

Indian students who plan strategically can reduce the total cost of studying in Australia by 30–45%. Here are 7 proven strategies that work in 2026:

1

Choose Regional or Affordable Universities

Study at USQ, Federation University, CQ University, Charles Sturt, or University of New England where tuition is AUD $14,000–25,000/year and living costs are 30–40% lower than Sydney/Melbourne. Regional graduates also get extended 485 visa and +5 PR points — a double benefit.

2

Work 48 Hours Per Fortnight at AUD $24.95/Hour

Australia offers the highest student wages globally. At minimum wage, you earn AUD $2,400/month. Casual loading pushes this to AUD $3,000/month at AUD $31.19/hour. During university breaks, you can work unlimited hours and earn AUD $4,000–5,000/month. This covers 70–100% of living expenses.

3

Apply for Scholarships & Destination Australia Awards

Over 150 Australian institutions offer merit scholarships of AUD $5,000–50,000 for Indian students. Destination Australia provides AUD $15,000/year for regional campus students. University of Melbourne, UNSW, and Monash offer international merit awards. Read our full scholarships guide.

4

Cook at Home, Share Accommodation

Cooking Indian food at home costs AUD $250–350/month versus AUD $600+ eating out. Sharing a 2–3 bedroom house with housemates cuts rent by 30–50%. Combined savings: AUD $500–1,000/month (₹3.3–6.7 Lakhs/year). Indian grocery stores are abundant in every Australian city.

5

Use Student Concessions & Free Services

Your student ID gets you discounted public transport (up to 50% off in NSW, VIC), free campus gyms, student discounts on software (Microsoft, Adobe), and savings on food delivery, streaming, and retail. These small savings add up to AUD $1,000–2,000/year.

6

Target Universities with Co-op or Industry Placements

Many Australian universities offer work-integrated learning where you complete paid industry placements as part of your degree. UTS, RMIT, Deakin, and Swinburne are known for industry-connected programmes. This provides income plus Australian work experience for your 485 and PR applications.

7

Choose Adelaide or Tasmania for Maximum Savings

Adelaide and Hobart offer the lowest living costs, strong universities (Adelaide University, University of Tasmania), regional campus PR benefits, and active state nomination programmes. Total savings versus Sydney: ₹5–10 Lakhs per year. Tasmania has one of the most accessible state nomination pathways for PR in 2026.

“I did my Master of IT at Federation University in Ballarat (regional Victoria). My tuition was AUD $22,000/year and I worked 48 hours per fortnight at a café earning AUD $31/hour casual. My total out-of-pocket cost for 2 years was under ₹15 Lakhs. I also got an extra year on my 485 visa for regional study. EEC helped me choose Federation over expensive Melbourne universities.”

— Sneha R., Master of IT, Federation University — now on 485 visa in Melbourne

Want a personalised cost-reduction strategy for Australia? EEC's counsellors identify affordable CRICOS universities, scholarship opportunities, and cities matched to your budget and PR goals. Free consultation at 26 branches across India.

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Education Loan for Australia — Quick Overview

An education loan for Australia from India is available from ₹10 Lakhs to ₹1.5 Crore at interest rates starting from 8.50%. SBI, HDFC Credila, Bank of Baroda, and Canara Bank all offer dedicated Australia study loan products. International lenders like Prodigy Finance and MPOWER Financing provide collateral-free loans for top Australian universities. The loan covers tuition, the AUD $29,710 living requirement, OSHC, visa fees, and travel. Interest paid on education loans is 100% tax-deductible under Section 80E of the Income Tax Act for up to 8 years. With Australia's high post-study wages (AUD $50,000–80,000/year on a 485 visa), most Indian students repay their loans within 3–5 years of graduation.

Australia vs Canada vs UK — Cost Comparison

How does the cost of studying in Australia compare to other popular destinations for Indian students in 2026? Australia has the highest tuition and living costs but also the highest student wages and one of the longest post-study work visas:

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Cost Comparison: Australia vs Canada vs UK — 2026
FactorAustraliaCanadaUK
Avg Master's Tuition/yr (INR)₹12–36 Lakhs₹13 Lakhs₹15–35 Lakhs
Avg Living Cost/yr (INR)₹10–18 Lakhs₹7–15 Lakhs₹10–18 Lakhs
Master's Duration1.5–2 years16–24 months1 year
Part-Time Work (term)48 hrs/fortnight24 hrs/week20 hrs/week
Min Wage/hr (local)AUD $24.95CAD $15–17.85£12.21
Monthly Earning PotentialAUD $2,400–3,000CAD $1,700£975
Post-Study Work Visa2–4 yrs (485)3 yrs (PGWP)2 yrs (Grad Route)
PR PathwayPoints systemExpress Entry + PNPSkilled Worker (5 yrs)

Australia has the highest part-time earning potential globally — at AUD $24.95/hour (casual AUD $31.19), Indian students earn nearly double what they would in the UK and 40% more than in Canada. When you factor in part-time earnings, Australia's net out-of-pocket cost can be comparable to or even lower than Canada. The 485 post-study work visa offers 2–4 years of open work rights — longer than the UK Graduate Route and comparable to Canada's PGWP. For a detailed side-by-side analysis, read our Australia vs Canada vs UK 2026 comparison.

The cost of studying in Australia for Indian students in 2026 is a significant investment, but it is exactly that — an investment with predictable, high returns. With average post-485 salaries of AUD $55,000–85,000 (₹30–47 Lakhs), 2–4 year open work permits, the highest student wages globally, and a transparent points-based PR system, the ROI is among the best in the world. The key is planning strategically: choose affordable cities, apply for scholarships, work 48 hours per fortnight, and target CRICOS courses on the SOL for PR. Book a free consultation with EEC and let our Australia specialists create your personalised financial roadmap. We have helped 50,000+ Indian students manage their Australia study budget since 1997.

Frequently Asked Questions: Cost of Studying in Australia

Total cost ranges from ₹18-45 Lakhs/year. Undergraduate tuition: AUD $20,000-65,000/year (₹11-36L). Postgraduate tuition: AUD $22,000-65,000/year (₹12-36L). Add AUD $29,710/year (₹16.5L) for living expenses. OSHC health insurance: AUD $500-700/year.
Since May 2024, student visa applicants must show AUD $29,710/year for living costs (up from AUD $24,505). This covers rent, food, transport, and personal expenses. You must show this plus tuition and travel costs. Can be demonstrated through savings, loans, or income (AUD $87,856/year minimum).
Monthly living: AUD $2,000-3,500 depending on city. Sydney/Melbourne: AUD $2,500-3,500. Brisbane/Adelaide: AUD $2,000-2,800. Regional areas: AUD $1,500-2,200. Rent is largest expense: AUD $800-2,000/month for shared accommodation in cities.
Australia has the highest living costs but also the highest part-time earnings. At AUD $24.95/hr (48 hrs/fortnight), you earn AUD $2,400/month — covering 70-100% of living costs. UK and Canada have lower wages and lower work hour limits. Net out-of-pocket cost can be similar.
Hidden costs: Subclass 500 visa fee AUD $2,000 (increased from $1,600), OSHC AUD $500-700/year, medical exam ₹6,000-8,000, biometrics AUD $85, textbooks AUD $500-1,000/year, transport pass AUD $150-200/month, phone/internet AUD $60-100/month.
At minimum wage AUD $24.95/hr (48 hrs/fortnight = 24 hrs/week average), you earn approximately AUD $2,400/month (₹1.3L). Casual rate with loading: AUD $31.19/hr. During breaks: unlimited hours = AUD $4,000-5,000/month. Australia offers the highest student wages globally.
MBA tuition: AUD $40,000-90,000 total (1-2 year programmes). Melbourne Business School: AUD $90,000, AGSM (UNSW): AUD $85,000, Monash: AUD $70,000. More affordable: AUD $35,000-50,000 at mid-tier universities. Total cost including living: ₹40L-1Cr.
You need: first year tuition + AUD $29,710 living costs + return travel (AUD $2,000-3,000) + dependent costs if applicable. Typical total: AUD $50,000-95,000 (₹28-53L). Funds must be genuinely available — not just temporarily parked.
Cheapest cities: Adelaide, Hobart, Wollongong, Gold Coast, Cairns, and regional centres. Adelaide: AUD $1,800-2,200/month vs Sydney: AUD $2,800-3,500. Regional campuses offer lower costs plus 1-2 extra years on 485 visa. Some regional universities also have lower tuition.
EEC identifies affordable CRICOS-registered courses, secures scholarships, assists with education loan applications, helps choose cost-effective cities, and ensures your financial documentation meets the AUD $29,710 requirement. Free financial consultation included.

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Finance Guide

Education Loan for Australia 2026: Banks, Interest Rates, AUD $29,710 & Process

Get an education loan for Australia covering tuition and the AUD $29,710 living requirement. Compare banks, rates, and collateral options.

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