How Much Does a Master Degree in Australia Cost?

master degree in australia cost

Cost is one of the primary concerns for prospective students considering master degrees in Australia. But with eight universities ranking amongst the top 150 on Times Higher Education and QS World University Rankings, Australia makes for an attractive study option with generous government support and fee subsidization systems for international students.

Tuition fees are calculated per unit rather than course, with each subject area allotting an individual fee band. When enrolling you may need to make this payment upfront or use FEE-HELP loan scheme if eligible.

Masters courses typically last between one and three years of full-time study, depending on your chosen program. Australia follows a two semester academic calendar: February to June (teaching semester 1) and July to November (teaching semester 2) although certain professional courses only run during one of these periods.

If you plan to remain in Australia after earning your Masters, Overseas Student Health Cover (OSHC) should be taken into consideration. This insurance policy covers your healthcare needs for an agreed upon amount of time – perfect if studying overseas! Unlike traditional policies, OSHC provides coverage throughout your course period while remaining relatively inexpensive; many providers offer OSHC policies; it pays to do your research before purchasing one!


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