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Page 1: Originating & Servicing Student Loans in India · 2017. 5. 4. · Education costs in Australia • The costs of studying in Australia depend on the institution and the level of study

Presented by:

Credila Financial Services Pvt. Ltdwww.credila.com

Australia

* The content of this page is for information purposes only. Please check this information before use

Page 2: Originating & Servicing Student Loans in India · 2017. 5. 4. · Education costs in Australia • The costs of studying in Australia depend on the institution and the level of study

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Index

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1) Things to Know about Australia…………………………………………. 3

2) Why Study in Australia? ………………………………………………… 4

3) Top courses to study in Australia……………………………………….... 5

4) Educational Process Cycle………………………………………………... 6

5) Visa Procedure………………………………………………………...…... 9

6) Visa News………………………………………………………………….. 10

7) Education costs in Australia……………………………………………… 11

8) Top 10 Universities in Australia………………………………………….. 12

9) Few Courses of University of Melbourn………………………………… 13

10) Indian Associations in Australia………………………………………… 14

11) Living costs in Australia………………………………………………….. 16

12) Thank You………………………………………………………………… 17

Page 3: Originating & Servicing Student Loans in India · 2017. 5. 4. · Education costs in Australia • The costs of studying in Australia depend on the institution and the level of study

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• Australia is a unique and diverse country in every way - in culture, population,

climate, geography, and history.

• Population Of Australia In 2014: To Touch 36.25 million

• Currency : 1 Australian Dollar = 55.60 Indian Rupee

• Capital : Canberra

• Dialling code: +61

• Prime minister: Tony Abbott

• Area: 7,692,024 km²

• Language Spoken : Australia has no official language and no declared national

language

• Each capital city has a festival.

Things to Know about Australia

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Page 4: Originating & Servicing Student Loans in India · 2017. 5. 4. · Education costs in Australia • The costs of studying in Australia depend on the institution and the level of study

• Australia education is recognized worldwide.

• Indian 12 + 3 is acceptable for masters degree.

• Duration for the masters courses is between 1, 1.5 to 2 years.

• Competitive cost for tuitions.

• Australian institutions are educating more than 4,15,000 international

students.

• Visa process is straight forward and fair.

• Currently over 40000 Indian students in Australia.

• Australia adopts and uses new technologies at a faster rate

• High quality education system

Why Study in Australia?

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Page 5: Originating & Servicing Student Loans in India · 2017. 5. 4. · Education costs in Australia • The costs of studying in Australia depend on the institution and the level of study

Top courses to study in Australia

• Doctoral Degree

• Masters Degree

• Graduate Diploma / Graduate Certificate

• Bachelors Degree

• Undergraduate Diploma / Advanced Diploma and

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Page 6: Originating & Servicing Student Loans in India · 2017. 5. 4. · Education costs in Australia • The costs of studying in Australia depend on the institution and the level of study

Educational Process Cycle

➢ Intakes

• Australia generally has two intakes i.e. February and July, with few

Universities offering multiple intake in September & November.

• University generally takes around 4-6 weeks to process the applications

➢ Documents needed

Documents needed for making an application:

• Resume

• Statement of Purpose

• Mark sheets and passing certificates from 10th onwards,

• Two reference letters from colleges / employers and passport copy or birth

certificate

• IELTS score sheet

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Page 7: Originating & Servicing Student Loans in India · 2017. 5. 4. · Education costs in Australia • The costs of studying in Australia depend on the institution and the level of study

➢ Entry Requirements / Eligibility

1) Undergraduate - Bachelors

• A good academic record in High School Certificate or 12 years of schooling.

• Some courses such as Computing and Engineering will require Mathematics and

/or Science as pre-requisites

• 6.0 IELTS

2) Postgraduate – Masters

• A good academic record in Bachelors Degree from a recognized university.

• Any work experience in the field will be helpful

• For MBA programs at some Universities students need to have work experience

along with their Bachelors Degree

• 6.5 IELTS

Educational Process Cycle

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Page 8: Originating & Servicing Student Loans in India · 2017. 5. 4. · Education costs in Australia • The costs of studying in Australia depend on the institution and the level of study

Educational Process Cycle

Application Forms

Academic Records

Standardized Tests

Work HistoryLetters of

Recommendation

Personal Essays

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Page 9: Originating & Servicing Student Loans in India · 2017. 5. 4. · Education costs in Australia • The costs of studying in Australia depend on the institution and the level of study

Visa Procedure

There are a number of steps you must go for Student Visa Australia

Deciding on your chosen course and institution

1. Submitting your request (form) to the institution

2. Receiving and accepting a Letter of Offer

3. Receiving electronic Confirmation of Enrolment

What should have to Student Visa Australia?

1. Academic requirements

2. English language requirements

3. Evidence of funds to support your study

4. Overseas student health cover

Sources : http://www.goforvisa.com/australia/students-study-visa-in-australia/3

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Page 10: Originating & Servicing Student Loans in India · 2017. 5. 4. · Education costs in Australia • The costs of studying in Australia depend on the institution and the level of study

The number of higher education visa applications lodged by students in India to

study in Australia rose from 1,987 to 4,148 in the year to September 2013.

Sources : http://www.abc.net.au/news/2014-02-12/an-indian-students-rising-hold/5242504

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Visa News:

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Page 11: Originating & Servicing Student Loans in India · 2017. 5. 4. · Education costs in Australia • The costs of studying in Australia depend on the institution and the level of study

Education costs in Australia

• The costs of studying in Australia depend on the institution and the level of study

you choose.

• As an international student, your tuition fees are payable before you study.

• Student can use the Course Search on this website to find courses and see details

such as their tuition fees.

• There may be additional costs for your course, including course materials and access

to institution facilities.

• Undergraduate Bachelor Degree - AUD$15,000 to AUD$33,000*

• Postgraduate Masters Degree - AUD$20,000 to AUD$37,000*

Sources : http://www.studyinaustralia.gov.au/global/australian-education/education-cost

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Page 12: Originating & Servicing Student Loans in India · 2017. 5. 4. · Education costs in Australia • The costs of studying in Australia depend on the institution and the level of study

Top 10 Universities in Australia

Sr. No University* World

Rank-2013

(World

Rank)-2012

Fees

1 University of Melbourne 34 28 $75,000

2 Australian National University 48 37 $49,492

3 University of Queensland 63 65 $48,252

4 University of Sydney 72 62 $61,260

5 Monash University 91 99 $22,500.00

6 University of New South Wales 114 85 $45,600

7 University of Western Australia 168 190 $30,500

8 University of Adelaide 201-225 176 $21,653

9 The University of Newcastle 251-275 276-300 $62,080

10 Macquarie University 276-300 251-275 $17,940

Sources : http://www.australianuniversities.com.au/rankings/

Sources : http://www.mbaguide.com.au/mba-fees-international-students/

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Page 13: Originating & Servicing Student Loans in India · 2017. 5. 4. · Education costs in Australia • The costs of studying in Australia depend on the institution and the level of study

Few Courses of University of Melbourne

Sr. No Course Course Duration Cost

1 Executive Master of Business Administration 18 Month $95,000

2 Juris Doctor/Master of Business Administration 3 years AUD$75,000

3 Master of Accounting 2 years full time $71,112

4 Master of Actuarial Science 2 years full time $71,112

5 Master of Business Administration 14 Months AU$95,000

6 Master of Business Administration / Information Systems 2 years full time AU$75,000

7 Master of Business Administration / Marketing 1.5 years full time $3,900

8 Master of Commerce (Actuarial Science) 1.5 years full-time $58,450

9 Master of Commerce (Management) 18 months full-time $52,900

10 Master of Commerce (Marketing) 18 months full-time $52,900

11 Master of Economics 2 years full-time; $71,112

12 Master of Engineering (with Business) 2-3 years full time

13 Master of Enterprise 18 months full-time $3,564 per 12.5 credit point subject

14 Master of Finance 2 years full-time $58,450

15 Master of International Business 1.5 or 2 years full-time $71,112

16 Master of Management 1.5 or 2 years full-time $71,112

17 Master of Management (Accounting) 1.5 or 2 years full-time $71,112

18 Master of Management (Finance) 1.5 or 2 years full-time $71,112

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Page 14: Originating & Servicing Student Loans in India · 2017. 5. 4. · Education costs in Australia • The costs of studying in Australia depend on the institution and the level of study

Indian Associations in Australia

http://www.hcindia-au.org/indian_association_in_ACT.html

1) Australian Capital Territory

2) New South Wales

http://www.hcindia-au.org/indian_association_in_nsw.html

3) Victoria

http://www.hcindia-au.org/indian_association_in_victoria.html

4) Queensland

http://www.hcindia-au.org/indian_association_in_queensland.html

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Page 15: Originating & Servicing Student Loans in India · 2017. 5. 4. · Education costs in Australia • The costs of studying in Australia depend on the institution and the level of study

Indian Associations in Australia

http://www.hcindia-au.org/indian_association_in_western_australia.html

5) Western Australia

http://www.hcindia-au.org/indian_association_in_south_australia.html

6) South Australia

http://www.hcindia-au.org/indian_association_in_tasmania.html

7) Tasmania

http://www.hcindia-au.org/indian_association_in_northern_territory.html

8) Northern Territory

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Page 16: Originating & Servicing Student Loans in India · 2017. 5. 4. · Education costs in Australia • The costs of studying in Australia depend on the institution and the level of study

Living costs in Australia

Sr. No. Expaince Cost Duration

1 Hostels and Guesthouses $80 to $135 Per Week

2 Shared Rental $70 to $250 Per Week

3 On campus $80 to $250 Per Week

4 Homestay $110 to $270 Per Week

5 Rental $100 to $400 Per Week

6 Boarding schools $10,000 to $20,000 Year

Sr. No. Expaince Cost Duration

1 Groceries and eating out $80 to $200 Per Week

2 Gas, electricity $60 to $100 Per Week

3 Phone and Internet $20 to $50 Per Week

4 Public transport $10 to $50 Per Week

5 Entertainment $50 to $100 Per Week

Accommodation

Other living expenses

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