How much security do you need to study in Australia

For every international student, the guarantee is a fee that must be paid. how much is the guarantee for studying in Australia? In addition to the guarantee, what are the costs? Go abroad to learn about it. 1. What is guarantee money Guarantee money is also called deposit certificate! To prove to the immigration bureau that I don’t need money, I can afford to study! 2. Who needs to provide guarantee Not every student needs to provide a guarantee Because after July 1, 2016, Australia’s funding requirements have been further…

For every international student, the guarantee is a fee that must be paid.

how much is the guarantee for studying in Australia? In addition to the guarantee, what are the costs? Go abroad to learn about it.

1. What is guarantee money

Guarantee money is also called deposit certificate! To prove to the immigration bureau that I don’t need money, I can afford to study!

2. Who needs to provide guarantee

Not every student needs to provide a guarantee

Because after July 1, 2016, Australia’s funding requirements have been further weakened. If the background is relatively simple, it is not necessary to provide it, just state it.

If the background is slightly complicated, it is suggested to provide it, because although the requirements are weakened, it is not completely ignored. The immigration bureau may still spot check the financial preparation of the applicant

However, it is suggested that the bank should have one or several such deposits before signing, and the total amount should be close to the amount required for the security deposit. During the delivery period, the bank should not use the deposit as much as possible and handle it casually after signing

How much guarantee money should be prepared

Australian study time > 1.5 years

Calculation method: 1.5 years of living expenses + travel expenses + 1.5 years of tuition fees

For example, Xiaoming has 10 weeks of language and 2 years of professional courses

10 week language class ≈ 6000 Australian dollars

The tuition fee of follow-up courses is about $33333

Total amount ≈ 30435 + 2000 + 33333 = 65768 Australian dollars

According to the exchange rate at the time of calculation, the cost should be high rather than low. If 329000 is calculated, take the integer and float up to 330000.

The total length of study in Australia is about 1.5 years

For a 1.5-year system, you should declare that you have enough expenses for 1.5 years.

is calculated in the same way as above

Total length of study in Australia = 1 year

For one-year system, you can declare that you have enough expenses for one year

Calculation method: 1-year tuition + living expenses + travel expenses

4. How long should the guarantee deposit be kept

As long as the guarantee can cover the whole visa processing cycle, that is to say, before applying for the visa, it can be taken to the bank to freeze the fund. After being signed, it can be disposed of at will. Generally speaking, the period is about two months

V. other expenses

1. Tuition fee

In Australia, for example, the top eight universities in Australia have tuition fees ranging from 120000 to 200000 yuan a year. The fees vary with different schools and majors

In some prosperous cities such as Sydney and Melbourne, the annual tuition fee is about 160000-200000 yuan. There are other schools with better facilities and curriculum, and the annual fee is within 140000-180000 yuan

Under the major classification, the annual tuition fee of science majors is between 120000 and 200000 yuan, and that of liberal arts majors is between 80000 and 160000 yuan

For example, the master of global media communication major in Melbourne University has a tuition fee of 36480aud for one year, which is about 150000 RMB

The tuition fee of master of communications and media at Monash University in the same region is 35000 AUD, which is a little cheaper than that of Melbourne University, but the difference is not very big

2. School application fee

Each school has a different application fee. The application fee is not equal to the intermediary fee. It can be understood as the labor cost for the school to review your materials

In general, the application fee is mostly for business majors, which may be due to the large number of applicants and heavy workload. In order to avoid the blind application of business majors, a threshold of application fee is set. After all, no matter whether the application is successful or not, the application fee is not refundable

3. Visa fee

The commonly used method of payment is to provide credit card. The student visa fee of $620 (there will be a service charge for credit card payment, so the total deduction is a $628.184) is directly paid to the embassy

4. Notarization fee

In the process of processing Australian visa, students are required to handle notarization, including graduation certificate notarization, degree certificate notarization, transcripts notarization, birth notarization, etc., with the cost ranging from 200 to 1000 RMB

Recommended reading:

Notes on guarantee for Australian Graduate Students

What materials should be prepared for applying for Australian study visa

How much does it cost for high school students to study in Australia

How much does Australia need to study abroad

How many certificates of deposit do Australian graduate students need

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