Cost of Studying in Australia: Are you looking for education in Australia? In Australia, there are around 624 000 foreign students in 2017, 13 percent more than the previous year, and one of the most popular destinations in the world. However, this is according to the country’s student visa requirements. Students need AU$20.290 (~US$ 14.600) annually for single living. In the meantime, tuition fees vary widely from one location to another in top universities in Australia depending on where you pursue an education in Australia.