Studying abroad is a dream for many students. Not only does it provide the opportunity to study at leading universities around the world, but it also allows students to improve their English skills, experience life in another country, and build opportunities for an international career in the future.

One of the most common questions students and parents ask is, “How much money do I need to prepare for studying abroad?” Many people assume that tuition fees are the main expense. However, there are many other costs that need to be planned for in advance, from before submitting your application and applying for a student visa to everyday living expenses after arriving at your destination. Without careful budgeting, unexpected expenses can arise and affect your experience and quality of life while studying abroad.

In this article, the One Education team will break down the key expenses you should prepare for when planning to study in Australia or the UK, along with practical tips on financial planning to help students and their families prepare with confidence.

Why Is Financial Planning Important When Studying Abroad?

Many students choose a university based mainly on tuition fees. However, living expenses can account for a significant portion of the overall cost, especially when studying in major cities such as Sydney, Melbourne, and London.

Careful financial planning can help students and their families:

• Accurately estimate the total budget required
• Choose a city and university that fit their budget
• Reduce financial stress while studying
• Prepare financial documents for the student visa application more easily
• Avoid unexpected expenses that may arise

Understanding the costs involved in studying abroad in advance can help ensure a smoother experience and allow students to enjoy their time overseas without compromising their quality of life.

What Expenses Should You Prepare for Besides Tuition Fees?

1. Application Fees

The first expense to consider is the university application fee. Some universities may charge an Application Fee to process and assess your application. Generally:

• Australia: Application fees are approximately AUD 100–150
• UK: Most universities do not charge an application fee, although some universities or programmes may require one.

Some universities may waive the application fee when students apply through an official representative such as One Education. For more information, feel free to contact the One Education team via LINE @one-edu.

2. English Language Test Fees

Most international students, including Thai students, are required to provide proof of English proficiency before starting their studies, such as IELTS or PTE. The cost is approximately THB 7,400–9,750 per test, depending on the type of test and test centre.

If your score does not meet the university’s requirements, you may consider an English Pathway Programme or an English language course before starting your degree. This can help improve your chances of meeting the entry requirements without having to retake the test multiple times.

3. Passport Fees

If you do not yet have a passport or your passport is close to expiring, it is recommended that you arrange a new one before applying for your student visa. Many countries require your passport to remain valid for a sufficient period throughout your studies. Checking your passport’s expiry date in advance can help prevent issues during the application process.

4. Student Visa Fees

Studying abroad requires a student visa, and the application fee varies depending on the destination country.

• Australia: Student Visa (Subclass 500) – AUD 2,500, or approximately THB 60,000*
• UK: GBP 558, or approximately THB 25,110*

As visa fees and requirements may change from time to time, students should check the latest information on the official websites of the Australian Government or UK Government before applying.

5. Health Insurance for International Students

Australia

Overseas Student Health Cover (OSHC) is compulsory health insurance for international students in Australia. OSHC provides coverage for eligible healthcare expenses under the terms and conditions of the policy, such as:

• General practitioner (GP) visits
• Hospital treatment
• Certain prescription medicines
• Some emergency medical treatment

The cost of OSHC depends on the length of your visa and the insurance provider you choose.

6. Health Check-Up Fees

Some students may be required to undergo a health examination before applying for their student visa. This may include a general medical examination, chest X-ray, tuberculosis screening, or additional tests depending on the requirements of each country. The cost varies depending on the accredited hospital or clinic.

7. Flight Tickets

Flight tickets are another expense that should be planned for in advance. Prices can vary depending on the destination, airline, travel season, and how far in advance you book. Booking 2–4 months in advance may help you find better prices and have more flight options to choose from.

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8. Accommodation

Once you arrive overseas, accommodation is often the largest expense after tuition fees. Accommodation options include:

• University Accommodation: Ideal for new students as it is convenient and secure, although availability may be limited.
• Homestay: Staying with a local family is a good option for students who want to practise their English and experience the local culture.
• Shared Apartment: A popular choice as sharing with friends or other students can help reduce living costs.
• Private Apartment or House: Suitable for students who prefer more privacy or are travelling with their families.

Accommodation costs can vary significantly depending on the city. Major cities such as Sydney, Melbourne, and London generally have higher rental costs than smaller cities.

9. Food Expenses

Food is an expense that can be managed with careful planning. Students can choose to cook their own meals, shop at supermarkets, eat on campus, or dine at local restaurants. Cooking at home can not only help reduce expenses but also make it easier to maintain a balanced diet and manage your monthly budget.

10. Transportation Costs

Most students rely on public transportation, such as trains, buses, trams, and underground trains. Many cities offer student travel cards or discounts that can help reduce transportation costs. Alternatively, if you choose accommodation close to your university, you may be able to walk or cycle to campus.

11. Phone and Internet

After arriving at your destination, it is recommended to purchase a local SIM card for internet access, phone calls, and staying in touch with your university and family. There are a variety of student-friendly mobile plans available, making this a relatively manageable expense compared with the convenience they provide.

12. Books and Study Materials

Although many universities now use online learning resources, some programmes may still require students to purchase textbooks, computer software, calculators, laboratory equipment, or art and architecture supplies. Students can consider bringing stationery from Thailand, where prices may be more affordable. To save on textbook costs, students can also purchase second-hand books or make use of university library services.

13. Personal Expenses and Activities

Studying abroad is not just about academics—it is also about experiencing life in another country. Personal expenses may include clothing, cosmetics, personal items, gym memberships, travel, club activities, and socialising with friends. Students should set a monthly budget to help manage their spending and avoid overspending.

What Expenses Do Students Often Forget?

Many students plan mainly for tuition fees and accommodation but forget to set aside a budget for smaller expenses that may arise during the first few weeks, such as:

• Accommodation deposits
• Bank account opening fees
• Kitchen equipment
• Bedding
• Electrical appliances
• Transportation from the airport
• Winter clothing
• Contents insurance, if required by the accommodation provider
• Emergency expenses

When added together, these expenses can amount to tens of thousands of Thai baht, so it is always a good idea to set aside some extra funds for unexpected costs.

How Much Emergency Savings Should You Prepare?

While there is no fixed amount, it is generally recommended to prepare enough savings to cover the first 1–3 months after arriving at your destination. This can help cover expenses while you settle into your new environment, such as accommodation deposits, food, transportation, and essential items.

Having sufficient savings can help students start their life abroad with greater confidence and avoid unnecessary financial stress during the first few months.

How to Save Money When Studying Abroad

Studying abroad does not always have to be expensive. With careful planning, students can reduce their overall expenses in several ways, such as:

• Choose a university and city with a reasonable cost of living
• Apply for scholarships
• Choose shared accommodation with friends
• Cook your own meals
• Take advantage of student discounts
• Buy second-hand textbooks
• Use public transportation
• Work part-time in accordance with the conditions of your student visa
• Set a monthly budget and keep track of your income and expenses

Whether you are planning to study in Australia or the UK, speaking with an education specialist such as the One Education team from the beginning can help you understand the overall costs, choose a study pathway that fits your budget, and prepare everything you need before embarking on your study abroad journey.

Note: Calculations are based on exchange rates of AUD 1 = THB 24 and GBP 1 = THB 45 as of August 2026.

Interested in Studying in Australia or the UK?

For more information and assistance with the application process, you can contact One Education, an official representative of Australian and UK Universities. We offer free consultation and support throughout your application journey.   
Add our Line official account: @one-edu   
Submit an enquiry form. We will get back to you as soon as possible.    
Call us: 02-652-0718     

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