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Australia Vs New Zealand: Which is the cheapest country to study in?

November 11, 2016

Whether you want to study in New Zealand or you’re contemplating studying in Australia, both countries have excellent education facilities and each come with their own benefits. However, for a lot of international students, the price is a huge factor when deciding where to study. For that reason, we’re going to explain the different costs that are associated with studying in both Australia and New Zealand.AustraliaTuition fees: Depending on your specific course, fees range from £8,700–£21,800 per year (AU$14,073 – AU$35,264).

Financial help

To help international students pay these fees, Australia has a number of scholarships that you may apply for.

Accommodation

Typically, a one-bedroom apartment in Australia will range from £603 – £841 per month (AU$975 – AU$1,360).

Living expenses

Heading to the cinema will cost you around £9.30 (AU$15), a cheap meal in a restaurant averages out to about £8.79 (AU$14) and a barista made coffee is around £2.09 (AU$3.40).

Work

Students are allowed to work up to 20 hours per week during term time and full-time during holidays. Australia’s minimum wage is £9.64 (AU$15.51) per hour. New Zealand

Tuition fees

Fees in New Zealand vary dramatically and are significantly more expensive than Australia. Depending on whether you want to study arts and social sciences, science and engineering, or medicine, fees range from £9,680 – £36,300 (NZ$20,000 – NZ$75,000).

Financial help

Unlike Australia, there aren’t very many scholarships for international students to apply for. The few there are tend to be focused on PhD students.

Accommodation

Typically, a one-bedroom apartment in New Zealand will range from £449 – £624 (NZ$763 – NZ$1,060) per month which is cheaper than Australia.

Living expenses

Similar to Australia, a cinema ticket will cost you around £7.96 (NZ$13.50), a cheap meal out around £8.95 (NZ$15) and a coffee from a coffee shop about £2.15 (NZ$3.65).

Work

Full-time students can work up to 20 hours per week but you must apply for a Variation of Conditions to your visa. New Zealand’s adult minimum wage is £6.30 (NZ$13) per hour. Summary The cost of studying in Australia works out cheaper than studying in New Zealand due to the cheaper tuition fees and the fact there is a range of scholarships that international students can apply for. Something New Zealand doesn’t have. Even though the cost of accommodation is slightly more expensive in Australia, this can be managed by choosing to simultaneously study and work in Australia; where you receive quite a high minimum wage. That being said, New Zealand is still a wonderful place to study and if you can afford to pay the higher tuition fees, you’ll have an amazing experience, especially as the cost of living is cheaper. Contact us at IEC Abroad for more information about studying down under.