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Deakin University costs about ₹17 lakh less in total than UNSW Sydney. Rankings matter, but compare the total, not just tuition.
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What a master's in Australia really costs in rupees — tuition, rent and daily living, visa and travel — worked out university by university, with the loan and EMI most families plan for.
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Quick answer
A master's in Australia costs an Indian student about ₹89 lakh – ₹1.21 crore in total across the 12 universities we track, with a typical figure of about ₹1.05 crore. That covers tuition (AUD 32,000 – AUD 55,000 a year), living costs of AUD 30,000 (Perth) to AUD 33,000 (Sydney) a year, and one-time visa and travel costs of ₹3.5 lakh – ₹5 lakh. Most families fund about 80% with an education loan — roughly ₹84 lakh on a typical budget.
By university
Lowest to highest total. Planning rate, rounded from mid-2026 market levels — we recalculate with the live rate. Tuition varies by program — your offer letter's figure is what lenders use.
Living costs
Rent, food, local transport and insurance for one student. Planning figures; shared housing costs less.
Typical budget
Median of the 12 universities above.
Save money
Deakin University costs about ₹17 lakh less in total than UNSW Sydney. Rankings matter, but compare the total, not just tuition.
Living in Perth instead of Sydney saves about ₹4 lakh over 2 years.
Merit scholarships and fee waivers are often awarded with the admission decision — apply in the first round.
48 hours per fortnight during study periods. Plan it as pocket money, not as tuition funding.
A 5% fall in the rupee adds about ₹5.2 lakh to a typical budget. Pay large fees when the rate is favourable and keep a buffer.
Visa funds
Show funds for travel, tuition and Home Affairs' annual living-cost amount (updated periodically), with evidence that you genuinely have access to the money.
An education loan sanction letter usually counts as proof of funds, which is why most families arrange the loan before applying for the visa.
Repayment
About 80% of a typical budget. EMIs start after the course and moratorium; rates depend on lender and collateral.
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About ₹89 lakh – ₹1.21 crore for a master's, typically around ₹1.05 crore, including tuition, living and one-time costs at AUD 1 ≈ ₹66.
Deakin University in Geelong & Melbourne, at about ₹89 lakh – ₹1.04 crore in total. The most expensive is UNSW Sydney, at ₹1.06 crore – ₹1.21 crore.
About ₹1,65,000 a month in Perth to ₹1,81,500 in Sydney, for rent, food, transport and insurance.
Most families borrow about 70–90% of the total — around ₹84 lakh on a typical budget. The EMI on that is about ₹1,13,345 a month over 10 years at 10.5%.
48 hours per fortnight during study periods. Earnings help with living costs but don't count much towards visa funds.
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