Cost of living in Melbourne
The Department of Home Affairs has financial requirements you must meet in order to receive a student Visa for Australia. This is to ensure that you do not find yourself in financial distress while studying and are able to meet your student visa conditions.
Below are the minimum required funds to meet financial capacity requirements as outlined by the Department of Home Affairs (excluding tuition fees):
- Primary Applicant – AUD$29,710
- Spouse or de facto partner of the student (Primary Applicant) – AUD$10,394
- Dependent Child – AUD$4,449
- Annual school costs – AUD$13,502
- Personal annual income if there is no member of the family – AUD$87,856
- Personal annual income where there is a member of the family unit – AUD$102,500
Source: www.studyinaustralia.gov.au
