Australia - the most expensive country for overseas study

Recent research by HSBC.com confirmed that once again, Australia is the most expensive country for foreign students.

The average university and living cost for a year are estimated to be more than $38,500. Not very far behind comes the United States with calculated average costs and fees totaling more than $35,700.Actually, the difference here comes from the lower costs of living – annually, they are around $3,000 lower compared to those in Australia.

According to a study, conducted from the Institute of International Education, part of "Open Doors" project, 2011 – 21% of the entire study population in Australia is composed by foreign students from overseas. The United Kingdom is second here with 18%, while Canada and the United States get 13% and 3% respectively. We can conclude from here that even leading as a most expensive country for foreign students, Australia is still and will remain a popular destination in this area. Also, if you are curious about the Australian educational system, you can check out the 10 reasons to study in Australia.

But back to the main table – third place in it holds the United Kingdom, with yearly total of around $30,300. It is to be noted that in the UK the university fees are lay lower, around $19,000 per year, while the costs of living are even more than those in the United States – totaling $11,000.

The rest of the list is composed by United Arab Emirates, Canada, Singapore, Hong Kong, Japan, Russia, China, Taiwan, Spain and Germany.



Studied and worked in Australia? You can apply for a tax refund to get your taxes back!