Study in Australia? Please show me your RM100,000 first

Study in Australia? Please show me your RM100,000 first

Education is always an expensive investment

Is education still needed? My answer is yes. My full explanation here: Personal Finance 101: Degree still needed? Meanwhile, if you intend to pursue your degree or higher qualification in Australia, it just got harder. Before we even try to apply for the student visa, we need to make sure we are able to show that we have RM100,000 in the bank. Show me the Money…

Article in reuters.com Australia said on Wednesday it would raise the amount of savings international students will need to get a visa and warned several colleges of fraudulent student recruitment practices, as part of efforts to rein in record migration. From Friday, international students must show proof of savings of at least A$29,710 ($19,576) to get their visa, the second increase in about seven months. It was raised to A$24,505 from A$21,041 in October.

Home Affairs Minister Clare O’Neil said warning letters had been sent to 34 education providers for “non-genuine or exploitative recruitment practices”. They could be jailed for up to two years and banned from recruiting students if found guilty, she said. Article in reuters.com

Actually we can complete Australian degrees here in Malaysia

Monash University Malaysia – ranked #42 in the world. Link here.

University of Wollongong Malaysia – ranked #162 in the world. Link here.

Curtin University Malaysia – ranked #183 in the world. Link here.

Swinburne University of Technology Sarawak – ranked #285 in the world. Link here.

All are good universities where rankings are concerned. The total fee is also lower since the student does not need to spend in AUD. They just need to spend in RM. Let’s not even start talking about the type of food here in Malaysia versus the ones in Australia. I know, people may want to stay there, work there and live there forever. If this is the aim, then have to make sure one has the amount of money to show first.

Happy deciding.

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