Affordable Master’s Programs in Australia for Indian Students
Explore affordable master’s programs in Australia for Indian students. Find low-cost universities, top courses, scholarships, and application tips to study in Australia on a budget.

Australia has emerged as one of the top study-abroad destinations for Indian students. With its world-class universities, diverse cultural landscape, and post-study work opportunities, its no surprise that thousands of Indian students choose to pursue their masters degrees here each year. However, the cost of studying abroad can often be a barrier. The good news is that several Australian universities offer affordable masters programs without compromising on quality.
In this article, well explore the most budget-friendly options for Indian students looking to pursue their masters in Australia, along with cost-saving tips, scholarship opportunities, and key admission requirements.
Why Choose Australia for Your Masters Degree?
Before diving into the affordability aspect, its important to understand what makes Australia such an attractive destination for higher education:
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Globally Ranked Universities: Institutions like the University of Melbourne, Monash University, and the University of Sydney consistently rank in the top 100 globally.
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Post-Study Work Opportunities: Graduates can apply for a Post Study Work Visa, allowing them to stay and work in Australia for up to 24 years.
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High Employability: Australian degrees are respected worldwide, especially in fields like engineering, IT, business, and healthcare.
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Safe and Multicultural Environment: Cities like Melbourne, Sydney, Brisbane, and Perth offer a welcoming atmosphere with a high standard of living.
Affordable Universities for Masters in Australia
While tuition costs can be high in some Australian universities, many public and regional institutions offer quality education at comparatively lower tuition fees. Here are some of the most affordable options:
1. University of Southern Queensland (USQ)
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Average Tuition Fee: AUD 24,000 28,000 per year
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USQ is known for offering flexible learning modes and affordable programs in engineering, business, education, and IT.
2. Charles Darwin University (CDU)
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Average Tuition Fee: AUD 22,000 26,000 per year
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Located in the Northern Territory, CDU is a great choice for students seeking quality education in a regional setting.
3. Federation University
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Average Tuition Fee: AUD 22,000 25,000 per year
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Offers popular masters programs in business analytics, information technology, and engineering with low tuition fees.
4. University of New England (UNE)
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Average Tuition Fee: AUD 25,000 per year
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Known for its online and on-campus learning flexibility, especially in education, social sciences, and arts.
5. Victoria University (VU)
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Average Tuition Fee: AUD 22,000 27,000 per year
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VU offers affordable masters degrees in business, health sciences, and education, and is located in Melbourne.
Popular and Affordable Masters Programs
While affordability depends on both the university and program, here are some cost-effective yet high-demand masters programs pursued by Indian students:
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Master of Information Technology
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Master of Business Administration (MBA)
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Master of Engineering
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Master of Public Health
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Master of Data Science
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Master of Education
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Master of Accounting
These programs not only offer lower tuition at certain universities but also lead to professions on Australia's skilled occupation list, improving prospects for permanent residency.
Scholarships for Indian Students
Many Australian universities and the Australian government provide scholarships for deserving Indian students, which can significantly reduce your financial burden. Some notable ones include:
1. Australia Awards Scholarships
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Fully funded by the Australian Government for postgraduate studies
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Covers tuition, airfare, living expenses, and more
2. Destination Australia Scholarship
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Offers up to AUD 15,000 per year to international students studying in regional campuses
3. University-Specific Scholarships
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Deakin International Scholarship up to 25% tuition fee reduction
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Macquarie Vice-Chancellors International Scholarship up to AUD 10,000
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University of Sydney International Scholarships cover tuition and living costs
Pro Tip: Apply early and maintain a strong academic record to increase your chances of winning scholarships.
Cost of Living in Australia for Indian Students
While tuition fees are a major cost, living expenses also add up. Heres a rough breakdown:
Expense |
Monthly Cost (AUD) |
Accommodation |
500 1,200 |
Food & Groceries |
300 500 |
Transport |
100 150 |
Miscellaneous |
100 200 |
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Average Monthly Living Cost: AUD 1,200 1,800
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Annual Living Cost: AUD 15,000 21,000
Living in regional areas or choosing shared accommodation can cut costs significantly.
Admission Requirements for Masters in Australia
To apply for a masters program, youll typically need:
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A recognized bachelors degree with a minimum of 6070% marks
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English proficiency test scores (IELTS: 6.5+, TOEFL: 79+, or PTE: 58+)
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A Statement of Purpose (SOP)
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Academic transcripts and certificates
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Letters of recommendation (LORs) optional in some cases
Some programs, especially MBAs, may also require work experience or GMAT scores.
How to Apply: Step-by-Step
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Shortlist universities and courses based on your academic profile and budget.
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Take an English proficiency test (IELTS/PTE/TOEFL).
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Prepare and submit your application online via university portals or apply through an education consultant.
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Receive Offer Letter and accept it by paying a portion of the tuition fee.
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Apply for an Australian student visa (Subclass 500) with proof of funds and health insurance.
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Book your flight and accommodation, and get ready for your study journey.
Conclusion
Pursuing a Study in Australia is a smart investment for Indian students seeking global exposure, skill development, and better career prospects. By choosing affordable universities, applying for scholarships, and managing your living expenses wisely, you can make your study abroad dream both economical and enriching.
Australia doesnt just offer a degreeit offers a life-changing experience, and with the right planning, it can be well within your reach.