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Posted on December 06 2024

Can I get a visa sponsorship to study in Australia?

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By  Editor
Updated December 06 2024

International students can get financially sponsored by their parents or spouse to study in Australia. However, students can also avail for scholarships provided by universities and government. The Australian government offers a wide range of scholarship programs for international students. More than 120,000 scholarships are offered to international students by universities. The average monthly stipend provided by these scholarships is around AUD $20,000. More than 1000 scholarships are available at top universities for international students in Australia for the academic year 2025-26. You can also apply for personal loans and student loans offered by different banks.

 

*Willing to apply for an Australian Student Visa? Y-Axis is here to provide you with all the necessary support!

 

Top 10 scholarships to study in Australia

The table below consists the names of the scholarships offered to international students by the Australian government, their eligibility criteria, and the benefits they offer:

Name of the Scholarship

Eligibility Criteria

 Advantages of the scholarship

Australia Award Scholarship

Graduate students applying for the discipline of engineering, construction, energy, and resources

Full tuition fee, some part of living expenses, overseas student health care cover, and fare of air tickets

Global Excellence Scholarship

The students of undergraduates and postgraduates

Can differentiate by university

Australian Government Research and Training Program

Students who are undergraduate and completed graduation courses in the department of education by certain universities

Can get full tuition fee waiver and  half stipend

Destination Australia International scholarship

research, postgraduate, and undergraduate studies in regional Australian Universities

AUD $45,000  – $60,000

Australia APEC women in research fellowship

Only for the women researchers who are in the field of science, math, Technology and Engineering

AUD $300 per month, establishment, and travel cost

International postgraduate research fellowships

Only for the students pursuing postgraduate research degree

It covers tuition fee, and a health insurance

                         BrokerFish International Student Scholarship

Undergraduate and Graduate degree courses

AUD $ 1000

University of Sydney International Scholarship

Master’s by research or PhD programs

40,109 AUD per year

 CQU International Student Scholarship

All Undergraduate, Postgraduate, and Master’s courses

25% of tuition fee waiver

 Macquarie Vice-Chancellor’s scholarship

Undergraduate and Postgraduate degree courses

AUD$10,000

 

Top Indian Banks providing education loans at a lower rate of interest

Every year, the enrolment rates are increasing by 4-5% in all Australian universities. There are two types of loans to study in Australia- Secured and unsecured.

The table below consists of the names of the secured education loans, with the loan amount and rate of interest:

   Name of the Bank

       Loan Amount (INR)

   Rate of Interest

              SBI

             1.5 CR (max)

11.50% maximum for boys

 

 

10.65% maximum for girls

              UBI

              1.5 Cr   (max)

10.5% - 10.85%

 

*Want to know more about student education loans ? Y-Axis is here to provide complete assistance!

The table below consists of the names of the secured education loans, with the loan amount and rate of interest:

Name of the bank

Loan Amount (INR)

Rate of Interest

Axis Bank

50 L (max)

11- 13.5% 

ICICI Bank

50 L (max)

10.85% - 12.5%

IDFC First Bank

35 L (max)

11.75% - 13.25%

HDFC Credilla

Around 20 L (Only for the STEM courses)

12% – 13%

Avanse

Around 20 L (Only for the STEM courses)

12.75% – 13.25%

Prodigy Finance

100,000 USD (max)

12% – 14%

 

*Are you looking for step-by-step assistance with Australian immigration? Contact Y-Axis, the world’s No.1 overseas immigration consultancy, for end-to-end support!

Tags:

Study in Australia

Australia Immigration

Study in Australia

Australia student visa

Requirements to study in Australia

Migrate to Australia

Australia immigration

Requirements for Australian visa

Australia student visa requirements

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