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Tata Capital > Blog > Loan for Education > A Degree from Australia – Key to Limitless Opportunities

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A Degree from Australia – Key to Limitless Opportunities

A Degree from Australia – Key to Limitless Opportunities

While the US and the UK have always been at the forefront when it comes to universities, Australia is also joining them in this race. There are almost 43 well-known institutions in Australia that offer higher education. While the United States and United Kingdom rank in the top 2, more and more Indian students are now open to studying in Australia.

If you are planning your higher education, why not choose a university that offers some of the best courses. The education faculty, courses and education infrastructure at top Australian universities like Australian National University (ANU), University of Melbourne, University of New South Wales (UNSW), University of Queensland (UQ) and University of Sydney have won accolades world over. Let us have a detailed look at what this advanced economy has to offer in terms of those studying abroad.

Higher education system

Higher education courses in Australia can be taken to earn an advanced degree. In this way, you can continue your studies in Australia after completing the initial part of education in India. There are three main types of higher education in Australia that lead to Indian students earning Bachelor, Master and Doctoral degrees. Do note that in Australia, it is quite common these days for students to get admitted in a double or combined Bachelor Degree program. You can see this trend in arts, commerce, law and science verticals.

Additional Read: Apply for a Business Loan

Australian institutions are top quality and they offer a wide range of courses. So, you can study science, management, commerce, humanities, and engineering, law and health sciences. Special mention must be made about Australian courses in engineering and technology, medicine, environmental science. Australia is also making a name for itself for accounting and finance courses. So, if you are thinking about overseas education, consider Australia. If you are thinking about education loan, consider from NBFCs like Tata Capital. You can apply for an education loan online as well.


When it comes to universities, Australia has it all. Apart from rom specialized universities, Australia is also home to international and private speciality university as well.

If you are choosing to study in Australia, you will have to follow their system. Australia has a national regulator and quality controller for higher education – the Tertiary Education Quality and Standards Agency or TEQSA. This monitors quality and regulates university and non-university higher education providers. Also, the well-being of international students is protected by law under the Education Services for Overseas Students or ESOS.

One of the easiest ways to fund an Australian degree is to get an education loan that helps you finance your education in that advanced economy. There is no dearth of jobs and as soon as you secure a degree, chances are high that you can earn. Once you start earning, you can easily repay any personal loan for education.


The costs of studying in Australia depend on two factors: the institution and the level of study. Do remember that as an international student, your tuition fees have to be paid before you study. There will be additional costs for your course like those for course materials and access to institutional facilities.

Remember to check the non-education costs and account for them in your education loan plan. There may be restrictions on use under normal education loan credit, but NBFCs like Tata Capital provide personal loan for education that will give you full freedom to use the education loan amount.

Depending on your choice of course and field, your cost will vary. It is always better to do your research as to how much you will have to pay so that you know how much education loan you need to apply for.
It can start anywhere from AUS $4000 and go up to AUS 40,000, of course depending on your course.

Additional Read: Secured Vs Unsecured Education Loans: A Detailed Guide

If you are talented, you can get benefits from scholarships, grants, and bursaries that may support you financially with your studies in this nation. These grants can help you prepay some part of your personal loan for education and lower your education loan EMI as well. Before you apply and avail a loan, get all your facts cleared. You can apply for an education loan online as well by clicking here.

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