Student Visa Australia Cost: Different types of Student Visa Cost

Willing to study in Australia? Looking for a visa program to fulfil your study abroad dream? Students who are willing to study at the best of Australian Universities must get a student visa. The application costs for the visa must be done soon. 

Before applying for any visa program, the costs must be known to the applicant. Individuals can find all the information regarding the student visa in Australia cost in the article below. Students must go through the entire blog article to find all the valuable cost-related information. 

Australian Student Visa Latest Update

In the new scheme released by the Australian government, Indian graduates in Australia having student visas can work for capped 48 hours per fortnight. The rule will be applicable from July 1 this year. By following this, students can focus on their studies and professional development as well. 

Different Types of Australian Student Visa

The most common type of Australian student visa is the Subclass 500 visa. Subclass 407 and Subclass 590 are two other visa categories, nevertheless. These are described in more depth below.

Types of Student Visa	Information	Duration of Stay
Student Visa (Subclass 500)	This kind of student visa for Australia permits you to remain and pursue your studies there for the duration of your course, which is often up to five years.	Up to 5 years
Training Visa (Subclass 407)	This temporary visa is available for application if you want to participate in a work training program.	Up to 2 years
Student Guardian Visa (Subclass 590)	It permits up to five years of study visa-holding residency in Australia for your parents, legal guardians, or other family members.	Up to 5 years

Subclass 500 Student Visa Australian Cost

The student subclass 500 visa became operational in July 2016. Students can stay in Australia for up to five years following the date of registration. The validity of the visa depends upon the length of your study programme. The Australian visa requires a regular application fee of 620 AUD which is equivalent to INR 34,311. This is the student visa in Australia cost.

Furthermore, students will avail the benefits such as bringing a family member to Australia. Also, choosing the course of study and applying for the programme of choice online or outside of Australia.

Also Read: How long does a student visa last

Student Visa Australia Cost

There are different visas students can opt for to start their study abroad journey. The visa can be applied for a certain subclass visa. The applicants can choose a subclass visa depending on their age, programme type and the duration of their chosen course. Below is a table outlining the types of visas available for studying in Australia:

Types of Visa	Application Fee	Additional Application fee for 18 Years	Additional Application fee for Below 18 Years	Subsequent Temporary Application Fee
Student Visa (Subclass 500)S	650 AUD	480 AUD	160 AUD	700 AUD
Training Visa (Subclass 407)	650 AUD	480 AUD	160 AUD	700 AUD
Student Guardian Visa (Subclass 590)	325 AUD	325 AUD	80 AUD	700 AUD

Requirement of Australian Student Visa

There are a few requirements on the basis of which students get selected for their visas. The brief pointers given in the table below will give students a brief idea about the costs of visas. 

• Selecting the Correct Visa Subclass: Australia provides a number of subclasses of student visas, each tailored to a particular kind of study program. Subclass 500, which includes full-time study at an accredited educational institution, is the most popular subclass.
• Enrollment in a Recognized Institution: You need to have an offer of enrollment or a Confirmation of enrollment (CoE) from an accredited Australian educational institution in order to be eligible for a student visa to study in Australia. Make sure the school you select is listed on the Commonwealth Register of Courses and Institutions for Overseas Students (CRICOS).
• Financial Capacity: You must provide proof of your ability to pay for your living expenses, tuition, and return airfare. Financial criteria are subject to a minimum threshold imposed by the Department of Home Affairs. 
• Genuine Temporary Entrant (GTE) criteria: Obtaining an Australian student visa requires meeting the GTE criteria, which is a prerequisite. It guarantees that you really do want to spend some time studying in Australia. You could be required to submit a personal statement outlining why you want to study in Australia, your goals for the future, and your connections to your native country.
• English Proficiency: In order to study in Australia, one must be proficient in the English language. You’ll need to take exams like the TOEFL, IELTS or PTE to demonstrate your proficiency in the English language.
• Health and Character Requirements: You must submit to a medical examination performed by a doctor who has been approved by the Australian government as part of the visa application process. You also need to fulfil the character standards, which include submitting police certifications from any nation you have resided in for more than a year in the previous ten years.
• Health Coverage for Overseas Students (OSHC): All international students studying in Australia must have adequate health insurance coverage. Throughout your time in Australia, you are required to obtain an Overseas Student Health Cover (OSHC) coverage, which offers hospital and medical insurance.
• Visa Application and Processing: You can submit your visa application online through the Department of Home Affairs website once you have acquired all the relevant paperwork and have satisfied all other requirements.

Also Read: Difference Between SDS and Non-SDS

Minimum Bank Balance Needed for an Australian Student Visa 

The minimum bank balance needed for an Australian student visa is not specified. However, the Australian Government has made it clear that you must have sufficient funds to cover your:

• Travel expenses 
• 1 year of stay in Australia
• Tuition fees incurred for you
• Funds to support the family members travelling with you. For example, school fees for any school student

Another alternative is to provide proof that your parents or spouse are willing to financially assist you. Moreover, they need a certain minimum income. The secondary exchange students only need to present the Acceptance Advice of Secondary Exchange Students form. On the other hand, the Department of Foreign Affairs and Trade or Department of Defence Students need to provide a letter of support.

Application Process for the Australian Student Visa

To apply for an Australian student Visa, you can follow the steps below.

• Visit the official website of the Australian government (Department of Home Affairs)
• Create a New ImmiAccount and log in to it using the details 
• Attach the relevant documents, and pay the visa application fee.
• The Australian government will inform you regarding the outcome of your application.

To learn more about the Australia visa application process, watch this video

Australia Student Visa Processing Time 

The Australian student visa processing time as of 1st October 2024 is provided below:

Subclass 500 (Visa Stream)	Processing Time (90% of applicants)
Higher Education Sector	5  months
Postgraduate Research Sector	4 months
Schools Sector	4 months
Vocational Education and Training Sector	7 months
Foregin Affairs or Defence Sector	14 days

Australia Student Visa Rejections for Indian Students

As per the reports in the Sydney Morning Herald, there is a 20% decline in Australian student visa approvals in general. 1 in 5 overseas students faced visa rejection in the last 2 quarters of 2023.

However, it is possible to receive an Australian student visa if you meet the eligibility criteria. Some of the common reasons for an Australian student visa rejection are: the applicant is not a genuine temporary entrant, does not meet the academic or financial requirements, and submission of incorrect information among others.

Also Read: Types Of Australia Student Visa For Available

FAQs 

We hope you now understand how to apply for various types of Australian Visas! Want to apply for a Visa for your study abroad journey? Drop us a comment in the section below or you can connect with a visa expert at Leverage Edu and we will guide you on your dream journey!