How Much Does It Cost to Study MBBS in Australia?

How Much Does It Cost to Study MBBS in Australia
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Studying MBBS in Australia is a dream for many Indian students as there are many universities renowned for studying medicine. The country has advanced medical facilities and an excellent academic environment. However, it’s important to understand how much does it cost to study MBBS in Australia. Pursuing a medical degree in Australia comes with significant financial responsibilities. You also need to consider how much bank balance is required for Australia student visa. Let’s check the detailed breakdown of all the costs involved, from tuition fees to living expenses, and tips for managing these expenses effectively.

How Much Does It Cost to Study MBBS in Australia?

The cost of studying MBBS in Australia for international students usually ranges between AUD 50,000 to AUD 80,000 per year (approximately INR 27-43 lakhs) in tuition fees, depending on the university. In addition to tuition, students need to budget for living expenses, including accommodation, food, transportation, and miscellaneous costs, which can amount to AUD 20,000-25,000 annually (approximately INR 11-14 lakhs). Factoring in additional costs like health and travel insurance for abroad, visa fees, and study materials, the overall expense makes Australia a premium destination for medical education.

Also Read: Check out this blog to know the details of what happens to education loan if the borrower dies.

Top Universities Offering MBBS Programs

Australia is home to some of the top universities offering MBBS programs. They are known for their rigorous curriculum, advanced research facilities, and hands-on clinical training. Institutions like the University of Sydney, Monash University, University of Melbourne, and Australian National University are globally recognised for their medical degrees. Check the details of top universities for MBBS in Australia below:

Top UniversitiesArea of Focus
University of MelbourneRenowned for its medical research and clinical training
University of SydneyOffers an integrated approach to medical education
Monash UniversityKnown for its practical and research-oriented curriculum
University of QueenslandFocuses on innovative medical practices and global health challenges
Australian National UniversityEmphasizes hands-on training and community health services

Tuition Fees for MBBS in Australia

Tuition fees are the most important expense to be considered when you are planning how much does it costs to study MBBS in Australia. Australian universities are known for their rigorous medical programs, cutting-edge research facilities, and hands-on training opportunities. This quality comes at a price, and prospective students must understand the financial commitment involved.

Tuition Fee Range

The tuition fees for MBBS in Australia can range from AUD 50,000 to AUD 80,000 per year. For Indian students, this translates to approximately INR 27-43 lakhs annually, depending on the exchange rate. This makes Australia one of the more expensive destinations for medical studies.

Program Duration

MBBS programs in Australia typically last 5 to 6 years, meaning the total tuition fees can add up to AUD 250,000-480,000 (approximately INR 1.35-2.6 crore). This figure excludes living expenses and other additional costs, which further increase the financial requirement.

Scholarships to Offset Tuition Costs

Many universities and external organisations offer scholarships to help international students manage tuition costs. These scholarships are often merit-based or need-based and can cover partial or full tuition fees. You can apply for Australian scholarship for Indian students or any other scholarships to study in Australia that is best suited to your requirements.

Also Read: Know all about LLB education loans to study abroad and the best public banks, private banks, and NBFCs providing education loans for LLB students. 

Cost of Living in Australia for MBBS Students

The cost of living in Australia varies depending on the city, lifestyle, and accommodation preferences. Indian students must budget for housing, food, transportation, and personal expenses in addition to tuition fees. Understanding these costs can help students plan their finances better.

Accommodation Options

Housing costs depend on whether students choose to live on-campus or off-campus. Check the breakdown of the accommodation expenses below:

  • On-Campus Housing: Convenient but slightly expensive, costing AUD 90-280 per week (approx. INR 5,000-15,000).
  • Off-Campus Housing: Affordable options are available, ranging from AUD 150-400 per week (approx. INR 8,000-21,000). Sharing apartments can further reduce costs.
  • Food and Dining: Grocery shopping and dining out form a significant part of living expenses. Weekly food costs range between AUD 140-280 (approx. INR 7,500-15,000), depending on eating habits and preferences and the cooking at home is often cheaper than dining out.
  • Transportation Costs: Australia has an efficient public transport system. Students spend around AUD 30-50 per week (approx. INR 1,500-3,000) on transportation. Discounts are available for students, reducing travel expenses further.
  • Utilities and Personal Expenses: Utilities like electricity, internet, and phone bills cost AUD 50–100 per week (approx. INR 2,700-5,500). Personal expenses for clothing, entertainment, and other needs amount to AUD 150-200 per week (approx. INR 8,000-11,000).

Miscellaneous Costs Associated with Studying MBBS in Australia

Apart from the tuition and living expenses, there are several other costs that Indian students need to account for. These costs are often overlooked but can add significantly to the overall budget. Check the type of expenses below:

  • Health Insurance: Health insurance is mandatory for international students in Australia. The minimum cost for 12 months of health coverage is AUD 478 for singles, AUD 2,600 for couples, and AUD 4,200 for families.
  • Visa Fees: A student visa (Subclass 500) is essential for studying in Australia. The visa application fee is around AUD 1600. Additional costs may apply for health examinations and biometrics.
  • Books and Study Materials: The cost of textbooks and other study materials ranges between AUD 500-1,000 per year (approx. INR 27,000-55,000). Students can save money by purchasing second-hand books or accessing digital resources.
  • Travel Costs: The cost of round-trip flight tickets between India and Australia varies between INR 50,000-1,00,000, depending on the time of booking and airline.

Funding Options for Studying MBBS in Australia

You can figure out the average cost and understand how much does it cost to study MBBS in Australia but if exceeds your savings, you need to get financial assistance. There are two major ways of funding your higher education in a foreign country. One is with the help of scholarships to study abroad and the other is an education loan which you can get from any bank or financial institution. Check a list of some major scholarships and some major banks providing education loans in the table below:

Top ScholarshipsMajor Banks and NBFCs
Destination Australia ScholarshipSBI Global Ed-vantage Education Loan
Global Study Awards Scholarship for Higher Studies AbroadSaraswat Bank Education Loan
University of Adelaide Global Citizens ScholarshipICICI Bank Education Loan
Fulbright-Kalam Climate FellowshipsPNB Overseas Education Loan
Amsterdam Merit Scholarships for International StudentsBank of Baroda Education Loan

Pursuing an MBBS in Australia is rewarding but comes with a high cost. For Indian students, planning finances effectively, researching scholarships, and understanding the total costs are essential steps in this journey. Check some FAQs below:

FAQs

What is the duration of an MBBS program in Australia? 

The MBBS program in Australia lasts 5 to 6 years, depending on the university and curriculum structure. Some universities also offer accelerated pathways for graduate-entry students.

How much does it cost to study MBBS in Australia?

Tuition fees for MBBS programs range from AUD 50,000 to AUD 80,000 per year (approximately INR 27-43 lakhs).

Are scholarships available for Indian students studying MBBS in Australia?

Yes, many universities and organisations offer scholarships for international students. Examples include the Australia Awards Scholarships and university-specific grants like the Monash International Merit Scholarship.

Is NEET required to apply for MBBS in Australia?

NEET is not required for MBBS admission in Australia. However, Indian students must meet the academic and English language requirements and may need to clear tests like the UCAT or GAMSAT.

What is the cost of living for MBBS students in Australia?

Living expenses in Australia typically range between AUD 20,000 and AUD 25,000 per year (approximately INR 11-14 lakhs) and include accommodation, food, transportation, and other personal expenses.

Can international students work while studying MBBS in Australia?

Yes, international students can work up to 48 hours per fortnight during academic sessions and unlimited hours during vacations. This helps offset living expenses to some extent.

Is health insurance mandatory for Indian students in Australia?

Yes, health insurance is compulsory. Students must purchase the Overseas Student Health Cover (OSHC), which costs around AUD 478 per year for singles and more for couples or families.

What are the English proficiency requirements for MBBS in Australia?

Indian students must demonstrate English proficiency by taking tests like IELTS (minimum band score of 6.5-7) or TOEFL (minimum score of 94-100), depending on university requirements.

Which Australian universities are best for MBBS?

Top universities for MBBS in Australia include the University of Melbourne, Monash University, University of Sydney, University of Queensland, and Australian National University.

How can Indian students finance their MBBS studies in Australia?

Students can apply for education loans from Indian banks like SBI, HDFC Credila, or Axis Bank. Additionally, scholarships and part-time work opportunities help manage costs.

To know more about education loans, the best bank accounts for students, forex and banking experience for global students or international money transfers, reach out to our experts at 1800572126 to help ease your study abroad experience.

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About Shekhar Suman

Shekhar is a versatile writer with a passion for sharing knowledge and creativity. With expertise in crafting informative blogs on study abroad and finance, Shekhar helps readers navigate the complexities of education and financial planning. Most of his writings blend the practicality of finance and the beauty of language, making a meaningful impact in both spheres. Beyond his professional pursuits, he finds solace in the writing Shayari.

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