Did you know ∼5,90,000 students moved to Australia in January-April 2023 to study various courses? World-class universities, globally recognised courses, and ample job opportunities are three primary factors that make Australia a preferred study abroad destination. International students require student visas to study in Australia. In July 2023, the Australian Government announced new rules. So, let’s dive in and understand these new rules, Australian student visa requirements, and more.

Key Highlights

• Types of Australian student visas
• New rules for Australia student visa 2023: An overview
• What are Australian study visa requirements?
• Confirmation of Enrolment (COE)
• Genuine Temporary Entrant (GTE) statement
• English language proficiency
• Proofs of financial capacity
• Student visa Australia age limit
• Adequate health insurance
• Good character

• Australian student visa process

• Student visa, Australia- cost & processing time

Student visa types	Purpose & Validity
Student visa (subclass 500)	Allows you to visit Australia and participate in a study course. Up to 5 years
Student Guardian visa (subclass 590)	Allows a guardian of a student visa holder, who is below 18 years. Student’s age and stay will determine the validity period of this temporary visa.
Training visa (subclass 407)	Allows you to complete a workplace-based occupational training or professional development training program in Australia Up to 2 years

 

In most cases, international students apply for a student visa (subclass 500) to pursue higher studies in Australia.

New rules for Australia student visa 2023: An overview

• From 1 July 2023, student visa holders are allowed to work for a maximum of 48 hours per fortnight (previously, students with valid student visas were allowed to work for only 40 hours per fortnight) while studying. This development will enable students to support themselves financially, gain Australian education and valuable work experience and focus on their studies. However, they are free to work for unrestricted hours during breaks.
• The Mobility Arrangement for Talented Early-professionals Scheme (MATES) will reserve 3,000 spots for students from Engineering, Information & Communication Technology, Artificial Intelligence, Financial Technology, Renewable Energy and Mining domains. This scheme will allow Indian students to spend two years in Australia without visa sponsorship.

What are Australian study visa requirements?

• Confirmation of Enrolment (COE):

  Receiving a COE or an acceptance letter in advance that confirms your admission into a full-time program listed on the Commonwealth Register of Institutions and Courses for Overseas Students.

• Genuine Temporary Entrant (GTE) statement:

  GTE is a personal statement that expresses your willingness to arrive in Australia for higher education only and not to apply for Permanent Residency.

• English language proficiency:

  You need to appear for the English language tests like the International English Language Testing System (IELTS), Test of English as a Foreign Language (TOEFL), or Pearson Test of English (PTE). It is advised to check university and course-specific requirements before taking any English language test.

• Proofs of Financial Capacity:

  You need to prove that you have sufficient funds to support yourself and your accompanied family members in Australia. As per the Australian Government, AUD 21,041 (∼INR 11,77,000) is the minimum fund requirement to apply for an Australian study visa.

• Student visa Australia age limit:
  

  You must be 18 years of age (maximum age, no restriction) to apply for a student visa.

• Adequate health insurance:

  Obtain an Overseas Student Health Cover (OSHC) from an approved Australian insurance provider before applying for the student visa.

• Good character:

  Provide proof of good character by submitting a declaration stating that you have no criminal record in your home country.

Australian student visa process

• Explore universities offering the course of your choice and select any one.
• Visit the university’s official website and check the university and course-specific requirements.
• Complete your application form by attaching required documents like academic transcripts, Statement of Purpose, Letters of Recommendation, CV, IELTS/TOEFL scorecard, results of Graduate Record Examinations (GRE) or Graduate Management Admission Test (GMAT), etc.
• After receiving a letter of acceptance from the university, apply for the student visa at least 12 weeks before course commencement.

Student visa, Australia- cost and processing time

The cost of an Australian student visa is AUD 710 (∼INR 39,700). The visa processing time varies, but in most cases, it gets finalised within 90 days of applying.
So, with this information, you can plan your academic journey to Australia. If the rising cost of education is bothering you, opt for an education loan for study abroad programs. At Avanse Financial Services, we offer hyper-personalised loan for students with several benefits like 100% finance, quick sanctions, and multiple repayment options. Contact us today to know more in detail about the loan.