| Many students find earning their degree in Australia or New Zealand significantly less expensive compared to North America. Tuition costs are typically less and because program lengths are shorter, students find their expenses for their entire degree are less by comparison. Depending on country, exchange rates can also positively impact cost figures. Student loans are available through U.S. Federal Financial Aid or Canada Student Loans, and there are also many other financing options. The cost advantages can be significant and thus make getting a world-class education more affordable than would otherwise be possible.
Estimated Tuition Fees
Tuition fees vary depending on the degree, program, and university chosen. Once you’ve completed your MyLearn Profile, you’ll see this information listed in your Program Finder search results. An estimated average for one year’s tuition is approximately $15,000 USD/CAD for a bachelor’s degree and $17,000 USD/CAD for postgraduate study, less for PhD.
Resources
While the experience of earning your degree abroad is an incredible and rewarding one, it is important to have realistic expectations when it comes to financing your education. Funding your degree studies overseas requires research and planning and students are expected to have the means to pay for their education and funding arranged well before their arrival in Australia or New Zealand.
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