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MBA Scholarships in Singapore
Discover MBA Scholarships in Singapore to make your dream of studying abroad affordable. Explore top opportunities today!Read more
LoFi
Jun 2, 2025
Study in Australia: World-Class Education & Excellent Career Opportunities
Ultimate checklist on universities, costs, study abroad loans, visa guidance, and more to get started on your dream to study in Australia.
Global ranked universities
Post-study work rights
Career Opportunities
Why is Australia one of the Top Study Destinations for Indian Students
Australia is the ultimate study destination for over 122,000 Indian students, offering world-class universities ranked in the global top 50. Australia offers a laid-back lifestyle that perfectly balance of study and lifestyle, and strong post-study work opportunities.
The Australian education system is practical and industry-focused, offering hands-on experience, work placements, and real-world projects valued by employers. Post-study work rights extend up to 4 years, depending on your qualification.
Quick Facts
- Over 122,000 Indian students are currently studying in Australia
- Australia hosts nearly 800,000 international students from over 140 countries
- Australia ranks as the second-best country in the world for quality of life (UN Report)
- Australia offers up to 4 years of post-study work rights - among the most generous globally
Universities in Australia
- All
- Public
- Ivy League
- STEM
- Private
- Engineering
Australian National UniversityAustraliaPublicResearchAvg Tuition:A$47,000/year
Monash UniversityAustraliaPublicSTEMResearchAvg Tuition:A$45,000/year
University of AdelaideAustraliaPublicAvg Tuition:A$40,000/year
University of MelbourneAustraliaPublicResearchAvg Tuition:A$54,000/year
How Much Does it Cost to Study in Australia
Tuition & FeesVaries by university type & programAUD 22,000 - 54,000 per year
Health InsuranceMandatory for all studentsAUD 500 - 700 per year
Living ExpensesFood, transport, & personal expensesAUD 1,400 - 2,500 per month
Total Estimated Costs
Public Universities
- Tuition & FeesAUD 35,000 - 50,000
- Health InsuranceAUD 500 - 700
- Living ExpensesAUD 16,800 - 30,000
- Annual TotalAUD 52,300 - 80,700
Private Universities
- Tuition & FeesAUD 45,000 - 54,000
- Health InsuranceAUD 500 - 700
- Living ExpensesAUD 18,000 - 30,000
- Annual TotalAUD 63,500 - 84,700
Post-Study Work Visa & Job Opportunities
Post-Study Work Visa (Subclass 485)
Bachelor's Degree Graduates
2 years of work authorization
Master's Degree Graduates
3 years of work authorization
Extended period for career development
Great for Computer Science, Engineering, Data Science, and more
Doctoral Degree Graduates
4 years of work authorization
Maximum work rights available
Average Starting Salaries
- Information Technology65,000 - 85,000/year
- Engineering70,000 - 90,000/year
- Business/MBA55,000 - 75,000/year
- Data Science80,000 - 100,000/year
Life & Culture in Australia
Campus Life & Internships
From state-of-the-art libraries and research facilities to sports complexes and student clubs, you'll see it all. Most universities have dedicated Indian student societies that organize cultural events, cricket matches, and networking sessions.
Indian Communities
Areas like Harris Park in Sydney, Dandenong in Melbourne, and Hillcrest in Adelaide are mini-India with authentic restaurants, grocery stores, and cultural centers. Every major city has active Indian associations organizing festivals like Diwali, Holi, and regional celebrations.
Food & Lifestyle
Indian grocery stores like Harris Farm, Woolworths, and specialized Indian marts are everywhere. The Australian lifestyle is refreshingly balanced - work hard, play hard, and always make time for a good coffee (they take their coffee seriously here!).
Cities to Live In
Sydney offers top jobs but is pricey, Melbourne is vibrant and cultural, Brisbane is sunny and relaxed, Perth has high salaries and beaches, while Adelaide is affordable and student-friendly.
Transportation
Monthly student passes cost AUD 50-120, and most cities have integrated bus, train, and tram systems. Melbourne's trams are free in the CBD, Sydney's Opal card gives student discounts, and Brisbane's Go Card covers all transport modes. Many students also buy used cars (AUD 8,000-15,000) for weekend trips and job flexibility.
Education Loan Options for Australia
Compare Loan Types
INR Loans (Indian Lenders)
- Interest rates start from 8.25%* p.a.
- Some require collateral
- Co-borrower required
- Max loan: Up to ₹1.5 crore
USD Loans (Global Lenders)
- Interest rates start from 3.39% p.a.*
- Covers up to 100% of education costs
- No collateral required
- No co-borrower required
Why Choose Lorien for Studying in Australia?
- Free loan eligibility check across 17+ lenders
- Higher approval rates through lender matching
- No-collateral loan options
- End-to-end application support
- Faster processing times
4.7
on
reviewsInternational Alumni Network of 500+ Students
4.7
onreviews
Loan Received: $30,000
Int. Rate: 6.45%
"I had a smooth and hassle-free experience securing a loan with Lorien Finance. They were professional, approachable, and transparent throughout the process, explaining all terms and conditions clearly. I highly recommend Lorien finance and Nishant for reliable financial assistance."
Harsh
Montclair State University
5
Loan Received: $28,000
Int. Rate: 7.24%
"I would like to express my sincere gratitude to Lorien Finance for their outstanding support in assisting me with my loan process. The team took the time to explain all the details, answer all my questions, and provide valuable advice throughout the entire process."
Vaidehi
University of New Haven
5
Loan Received: $35,000
Int. Rate: 4.70%
"I had a great experience with Lorien Finance while securing my student loan. The process was smooth, transparent, and efficient, making it stress-free for me. Lorien’s dedication to helping students achieve their educational goals is truly commendable."
Ayush
University of North Carolina
5
Loan Received: ₹34 Lakh
Int. Rate: 11%
"With straightforward application process I received my loan approval faster than I expected with Lorien Finance. The customer service team was responsive and very knowledgeable. I appreciate their transparency about fees and interest rates."
G. Bhanu
University of Portsmouth
4.7
Loan Received: $30,000
Int. Rate: 6.45%
"I had a smooth and hassle-free experience securing a loan with Lorien Finance. They were professional, approachable, and transparent throughout the process, explaining all terms and conditions clearly. I highly recommend Lorien finance and Nishant for reliable financial assistance."
Harsh
Montclair State University
5
Loan Received: $28,000
Int. Rate: 7.24%
"I would like to express my sincere gratitude to Lorien Finance for their outstanding support in assisting me with my loan process. The team took the time to explain all the details, answer all my questions, and provide valuable advice throughout the entire process."
Vaidehi
University of New Haven
5
Loan Received: $35,000
Int. Rate: 4.70%
"I had a great experience with Lorien Finance while securing my student loan. The process was smooth, transparent, and efficient, making it stress-free for me. Lorien’s dedication to helping students achieve their educational goals is truly commendable."
Ayush
University of North Carolina
5
Loan Received: ₹34 Lakh
Int. Rate: 11%
"With straightforward application process I received my loan approval faster than I expected with Lorien Finance. The customer service team was responsive and very knowledgeable. I appreciate their transparency about fees and interest rates."
G. Bhanu
University of Portsmouth
4.7
Everything You Need to Know About Studying Abroad—In One Place.
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Frequently Asked Questions
01What is the interest rate of Credila education loan?
01
What is the interest rate of Credila education loan?
01
Interest rates for Credila education loans starts at 10.25% p.a* and can vary based on the applicant's profile, co-borrower details, and the course pursued. Obtain the most accurate and up-to-date information on interest rates by connecting with the experts at Lorien Finance.
02Is Credila the same as HDFC Credila for study abroad loans in India?
02
Is Credila the same as HDFC Credila for study abroad loans in India?
02
Yes it is the same, while the name may have changed to Credila Financial Services Limited from HDFC Credila Financial Services Limited, the company continues to offer education loans to students just as it did under its former name.
03Is Credila the same as HDFC Credila for study abroad loans in India?
03
Is Credila the same as HDFC Credila for study abroad loans in India?
03
Yes it is the same, while the name may have changed to Credila Financial Services Limited from HDFC Credila Financial Services Limited, the company continues to offer education loans to students just as it did under its former name.
04How many days does Credila take to approve?
04
How many days does Credila take to approve?
04
Credila is known for quick loan approvals, and in emergencies, loans can be sanctioned faster. The approval time may vary based on individual cases and the completeness of documentation.
05Can I repay the Credila education loan early?
05
Can I repay the Credila education loan early?
05
Credila does have an early repayment option for education loans. Repaying the loan before the scheduled tenure can help students save on interest payments.
06Is collateral required for Credila?
06
Is collateral required for Credila?
06
Credila does not require collateral for education loans up to Rs. 75 lakhs. Meritorious students can avail unsecured loans, making it a more accessible financing option for pursuing higher education in select colleges in India and abroad.
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