Sources of Financing
Funding for Higher Education in Australia keeps rising year after year and many students are unable to support themselves. This section has been developed so that students can follow every avenue to obtain funding for their education in Australia. The main sources of funding are:
Your home country could be a source of funding, either from organizations or companies from your home country or your government. This is an area that you will have to investigate before you leave and some of the stipulations of funding might be that you have to return to your home country once you have graduated, so bear this in mind when applying for aid from your home country.
There are several International Organizations, such as the Fulbright Commission who grant aid to students all over the world. Other such organizations who offer aid are:
Many of these require you to be in your home country when you apply, so plan ahead and early as they can be very competitive.
Many Australian colleges and universities offer limited financial aid for international students through their financial aid offices. In general, however, there is much less money available for undergraduate study than there is for graduate study. Private institutions can sometimes discount or reduce the costs of tuition; public institutions seldom have this option. You should request information about financial aid when you request an application form from the institution's admissions office. In some instances, it may be possible for you to participate in a formal exchange between your home institution and the institution you wish to attend in Australia. You can get more information on such exchanges by contacting the international student offices or by contacting the corresponding office at your institution. This kind of person-for-person exchange can reduce expenses in some instances.
There are loan programs available for students - please see the finance section for more information.
Australian companies and organization may provide funding for international students coming into Australia. Please visit International Scholarships for more information and search the online database to find these awards.
The biggest source of income for international students is your family. This may be either in the form of your parents, or uncles providing you with money for your time abroad.