Start with tuition, not a generic country average
Tuition varies by provider, course level and location. Use CRICOS and the provider’s own fee page for the actual course you are considering. When comparing options, use the first 12 months of tuition for visa-funding calculations and the full course cost for family planning.
2026 student-visa financial capacity figures
Home Affairs currently lists a minimum 12-month living-cost amount of AUD 29,710 for the student, plus AUD 10,394 for a partner and AUD 4,449 per child. Schooling costs for school-age children are at least AUD 13,502 per child per year. For an applicant outside Australia (other than specified African regions), Home Affairs gives AUD 2,000 per person as the travel-cost guide.
These figures are used for visa planning. Your real living budget will depend on your city, accommodation and lifestyle, so build a comfortable margin above the baseline.
Calculate the current visa-funding baseline →
Visa fee and OSHC
From 1 July 2026 the primary Student visa application charge is from AUD 2,500, unless a concession or exemption applies. OSHC must generally cover the relevant period of stay. Budget for the policy that matches your circumstances rather than assuming a single standard price.
A simple family budgeting method
- Course: confirm the real tuition schedule and deposits.
- Living: estimate rent, food, transport, phone and personal spending for your intended city.
- Insurance: get an OSHC quote for the correct policy type.
- Travel/setup: include flights, temporary accommodation, bond, furnishings and initial transport.
- Funding: separate family contribution, scholarship, savings and any loan.
- Buffer: keep a margin rather than budgeting to the exact minimum.