Guide To Your Australian Student Visa 2023: Detailed Guideline

Choosing Australia For Higher Studies

Australia is one of the most popular places for students to study abroad because of its high-quality instruction, wide variety of program options, and availability of post-study employment prospects. Australia’s universities are renowned for producing top-notch research, notably in the humanities, social sciences, and education fields.

Students now frequently choose the nation because of its widely recognized academic credentials, rights for international students, diversity of cultures, and government financial help. A degree from an Australian institution is acknowledged worldwide, and its booming economy and career prospects make it a desirable choice. The nation’s climate and outdoor lifestyle are also added advantages. Compared to the UK and the US, Australian universities provide a wider range of degrees at lower tuition costs, and graduates are eligible for a post-study work visa good for up to four years.

New Rules For Australian Student Visas

Australia has changed the rules governing students with valid visas, increasing the maximum number of hours they may work from 40 to 48. The implementation of these new rules is planned to begin on July 1, 2023. The Government has also announced that they will prolong the post-study period for visa holders. The existing system, which enables students to sustain themselves financially while dedicating enough time to their studies, will continue until June 30, 2023.

According to the Australian Government, international students have two years of post-study employment privileges. Nevertheless, this extension will only be given to students pursuing particular degrees or courses where skills are scarce.

Cost Of Australian Student Visa

International students must pay the necessary visa costs depending on their category.

Australian Student Visa Subclass 500 At A Glance

Given below is the list of requirements and details of the Australian Student Visa Subclass 500:

A Current Passport And Documents Of Your Past Visas

Your passport must be valid for at least six months after the end of your intended stay in Australia. Prior visas include information about your previous international travels and are used to verify your identity and citizenship while going overseas.

Confirmation Of Enrolment Form (COE)

It demonstrates the assurance of your education in Australia.

Overseas Health Insurance Receipt (OSHC)

Medical insurance is available from many Australian medical service providers, but it must be purchased before the day of your arrival in Australia.

English Proficiency Tests

The following bands are necessary for an Australia study visa: IELTS: 5.5, TOEFL: 46, and PTE: 42.

Student Visa Application Form For Subclass 500

Application for an extended stay lasting more than 90 days

Genuine Temporary Entrant requirement

Evidence to show that you meet the Genuine Temporary Entrant requirement for a student visa. This must include a statement in your application form that you intend to stay in Australia temporarily and/or documentation to support claims. 

Establishing A Reserve Fund

Having an emergency fund is one of the most excellent methods to escape a financial trap. This may be achieved by ensuring savings equal to six months’ worth of income set up for emergencies. A similar emergency fund could help avoid financial traps. An emergency fund might help you go through a sudden event, like losing your job, and keep things going for a few months until things settle down.

Evidence of Financial Capacity

To receive an Australian student visa, you must prove that you have enough money to support yourself throughout your stay. 

-sufficient funds to cover your travel costs and 12 months of living cost and tuition fees for you and your accompanying family members and school costs for any school aged dependants, or

-evidence that your spouse or parents are willing to support you and they have an annual income of at least AUD 62,222 for single students or at least AUD 72,592 for students that are accompanied by family members

Visa Subclass 500 Details

If you are enrolled in a full-time program of study at an institution of higher learning that approves your application, you are eligible to stay in Australia for up to five years on a student visa subclass 500. This visa enables you to:

• Take part in an approved academic program.
• Include any dependent children you have with your partner and spouse in the application.
• No matter where you are, submit an online visa application.
• Once your course has started, you can work up to 40 hours every two weeks. Additionally, beginning on July 1, 2023, the maximum number of hours students on this visa may work each fortnight will be increased to 48 hours.

Requirements For Student Visa Subclass 500

The significance of having a sufficient degree of English language competence is essential. Students must meet this level to comprehend and participate in English-language courses properly. You must present documentation proving your proficiency in the English language to get an Australian student visa.

This is generally done by passing a reputable English proficiency exam to demonstrate your speaking and writing. A very common English language competence exam used for study, employment, and immigration is the IELTS or International English Language Testing System. More than three million tests have been administered alone in the past year.

In 140 nations worldwide, many organisations recognise the IELTS results, including educational institutions, employers, professional groups, and governments. A higher IELTS score above the requisite minimum of 5.5 is frequently required to be admitted to the most prominent universities. The IELTS requirement can also change depending on the field of study: Business, IT, and engineering often demand 6.5, whereas areas like nursing, physiotherapy, and teaching may require 7.0 or more.

Processing Time For Student Visa Subclass 500

The processing time for a 500-visa application typically ranges from 6 to 11 weeks. You must start your visa application immediately because it might take several weeks to hear back. Applying at least three months before your travel date will increase the likelihood of your visa being issued in time.