As one of the top universities in Australia, Monash University attracts students from all over the world with its reputation for academic excellence. However, when planning your study life, students need to consider not only academic arrangements, but also a comprehensive understanding of daily living costs. This article will analyze the daily expenses of Monash University students in Melbourne in detail, from the cost of student accommodation Melbourne near Monash University and Monash tuition fees, to the preferred daily expenses of Monash students, including eating, drinking and entertainment costs and transportation costs, to help you better manage your finances during your university life.

Cost of Accommodation

Monash University accommodation is one of the most important parts of your daily expenses. For Monash University students, the cost of accommodation varies depending on the location, accommodation type and indoor facilities they choose when renting.

On-Campus Accommodation

Monash offers a wide range of on-campus accommodation options, including single rooms, shared rooms and self-catering apartments. On-campus housing is not only convenient, but also helps new students quickly integrate into campus life. On-campus accommodation typically costs from $200 to $450 per week, depending on room size and amenities.

Off-Campus Accommodation

Many students who crave more private space choose to seek off-campus accommodation in the suburbs near Monash University or in central Melbourne.

  • Shared apartment: It is the common type of student accommodation Melbourne near Monash University campus. Students can share apartments with others to get a lower cost, around $180 to $300 per week per person.
  • Studio Apartment: Suitable for students who need personal space, costs around $300 to $500 per week.
  • Homestay: Some students choose to live with a local family for around $250 to $350 per week including meals.

uhomes.com platform contains not only various Monash University accommodation resources for each campuses, but also diverse student accommodation Melbourne near other universities and colleges. Through uhomes.com, students can easily compare different types of accommodation, filter according to budget, location, facilities and more to find the ideal accommodation to meet your budget and living needs. At the same time, uhomes.com also provides 24-hour online customer service to help answer questions about accommodation, so that students have a smooth and meaningful collegiate life experience.

Tuition and Fees

Tuition fees at Monash University vary according to the type of degree and subject. Undergraduate courses cost around AUD $30,000 to AUD $45,000 per year, depending on the subject, with medical and engineering courses usually at high costs. Tuition fees for postgraduate courses range from AUD $35,000 to AUD $50,000 per year, with significant differences between different subjects, such as business, law and research courses which are in high costs. 

In addition to tuition fees, students are responsible for a number of additional incidental costs, including AUD $300 – AUD $500 for stationery and textbooks, as well as the cost of laboratory equipment, printing and other academic resources. Moreover, some programs may require the payment of additional internship fees or professional certification fees. These expenses need to be fully considered when students plan the academic budget to ensure the smooth development of study abroad life.

Transportation Costs

The main campus of Monash University is conveniently located in Clayton, Melbourne. Melbourne’s public transport system, including trams, trains and buses covers the area around Monash University, and students can enjoy discounted fares. Moreover, by using Myki card, Monash University students can enjoy more discounts. Usually, transport costs around $30 to $50 per week, depending on the distance from where you live to campus.

Food Costs

Food is another major expense in Monash students’ daily life. Melbourne is known for its diverse cuisine, and Monash students have a wide range of eating options to choose from inside or outside the campus. Whether the on-campus restaurants, neighbourhood cafes, or buying ingredients for your own cooking at the market, there are numerous eating areas and ways for your to explore. Eating out costs around $15 to $25 per meal. If you choose to do the self cooking, you need to spend the ingredients cost around $60 to $100 per week. Thus, for Monash University students, self-cooking is not only economical, but also can meet the dietary needs of students from different cultural backgrounds.

Other daily expenses

In addition to accommodation, transport and meals, students’ daily life at Monash University also includes other expenses:

  • Entertainment: Movie tickets cost about AUD$15 per month, and shopping costs at least AUD$ 80, if you plan to buy a new cloth.
  • Fitness: Gym memberships cost about AUD$50 to AUD$80 per month. 
  • Mobile and Internet: around AUD$30 to AUD$50 a month.

Conclusion

Studying at Monash University is a journey full of opportunities, and planning your daily expenses in advance can help students adapt to life in Melbourne. From accommodation to food, transportation to entertainment, everything needs to be budgeted properly. Get ready for a wonderful study abroad life!

Author

Rethinking The Future (RTF) is a Global Platform for Architecture and Design. RTF through more than 100 countries around the world provides an interactive platform of highest standard acknowledging the projects among creative and influential industry professionals.