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Financial Assistance for International Students Studying in Australia

An illustration of a purple pig with a grad hat on standing beside a pile of books with coins sitting on top, representing scholarships available to students.

Studying abroad can stretch the average student鈥檚 budget. Luckily, international students planning to study Down Under can take advantage of many scholarships, grants, and bursaries to assist them financially while they study. Today, we鈥檒l spotlight some outstanding saving opportunities offered by different organizations, including education providers, the , and other public and private organizations.聽聽

Please note that the information provided below is subject to change. Ensure you review your options with your institution鈥檚 international office or admissions team.

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Destination Australia

The was announced in 2019 as part of the Australian Government鈥檚 plan. This program offers international and domestic students the opportunity to live and study in regional Australia by providing scholarships to eligible post-secondary institutions.聽

The Destination Australia Program:

  • Provides funding of A$15,000 per year for approximately 380 students who are commencing their studies in 2022
  • Offers students the opportunity to pursue high-quality research, training, and education while experiencing life in remote and regional Australia
  • Provides a with scholarships to offer to international and domestic students聽

Check out the to learn about application, eligibility, and other requirements for the grant round.聽

Australia 101: Australian Visas for International Students

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Destination Australia Cheung Kong Exchange Program

The Australian Government and the offer the as a joint funding initiative. The program provides funding to eligible Australian academic institutions to help pay for short-term mobility opportunities. It鈥檚 available for incoming Asian students and outgoing Australian students between Australia and the following countries:

  • Brunei Darussalam
  • Cambodia
  • China (including Hong Kong)
  • India
  • Indonesia
  • 闯补辫补苍听
  • Republic of Korea
  • Laos
  • Malaysia
  • Mongolia
  • Myanmar
  • Republic of the Philippines
  • Singapore
  • 罢丑补颈濒补苍诲听
  • Vietnam

The Destination Australia Cheung Kong Exchange Program supports approximately 180 students each year.聽

Note: To qualify, a student鈥檚 short-term mobility experience must be between two weeks and one semester in length.

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Research Training Program

Domestic and overseas students studying at an accredited academic institution in Australia are eligible for the . Every year, the program provides block grants to post-secondary institutions for students who are enrolled in research doctorate and research master鈥檚 degrees.

The Research Training Program (RTP) helps students by:

  • Helping provide students with the knowledge and skills to have successful careers in academia and other sectors聽
  • Offering flexible funding options to assist both domestic and overseas students
  • Contributing to the collaboration between post-secondary institutions and industry, as well as other research end-users
  • Supporting overseas students in pursuing research doctorate and research master鈥檚 degrees at Australian institutions

Students may receive the RTP Scholarships for one or more of the following:

  • Cost of living expenses
  • Tuition fees offset
  • Additional costs of research degrees聽

How International Students Can Get Health and Travel Insurance in Australia

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Australia Awards

The are reputable international scholarships and short courses, providing opportunities for future leaders to pursue professional development, study, and research in Australia. These scholarships are run by the Australian Government and managed by the . In 2022, they provided 2,075 Australia Awards scholarships and short courses to students from 27 countries at a cost of approximately $200 million.

These include:

  • Short Courses
  • Australian Centre for International Agricultural Research (ACIAR)

Recipients of Australia Awards automatically become part of the . This union is a major benefit to students for a variety of reasons. It allows international students to stay connected to Australia and other alumni, and helps students build an influential and engaged global network of advocates and leaders. Recipients can look forward to establishing a network of ambassadors for Australia and its renowned education system.


Don鈥檛 let the cost of studying abroad stop you from embarking on this life-changing journey. Make the most of these scholarships, grants, and bursaries to help you accomplish your study abroad dreams!

Are you thinking about studying in Australia? Find your perfect institution and program on ApplyBoard!

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