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Chirag Barotia
Chirag Barotia

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How Kerala Students Manage Finances to Study at RMIT University

Kerala is known as the state with the highest literacy in India. Students living here have creative minds and are always looking for better options to improve their quality of life. So, they plan to study at RMIT University because it is one of the finest and most well-known research institutes in Australia. However, it is not easy for them to plan a successful journey due to high living and studying expenses. In this case, the best overseas education consultants in Kerala guide them in some ways to arrange funds and provide tips for managing them.
Well, if you also wish to study at RMIT Australia, then you must go through this article as it explains the different types of expenses and ways to manage them.

Types of Expenses to Study at RMIT

Australia is considered to be expensive to live in. Students who wish to study at top institutes like RMIT need a lot of money for their annual tuition fees and personal expenses to live a reliable and easy life. However, you must know them. It will help you to budget your study abroad journey properly.
Tuition Fees
Firstly, RMIT University is a top-ranking college in Australia. It is globally known for its research programs and offers 250+ courses in undergraduate and postgraduate degree programs. However, students who choose to study here need 5.96 L—2.17 Cr per annum for their tuition fees. The exact amount depends on the course. Therefore, students should visit the official website or contact the experts to learn about the tuition fees in detail.
Accommodation
Secondly, students spend a large amount of money on their accommodation in Australia. However, aspirants studying abroad must know that the rent amount depends on the type of accommodation they choose to live in. Let's discuss it below.
On Campus—RMIT University offers this option on its campus. It consists of a bedroom (which can be shared or private) with a common or private bathing area, a shared kitchen, and a living space. According to experts, it is the most affordable option.
Off-Campus—Students arrange to live comfortably while studying at a top Australian institute. There are several options, such as flats, studio houses, and homestays. Each offers a variety of amenities, allowing students to live their lives the way they want to. Well, monthly or weekly rent depends on the type and location.
Personal Living Expenses
Thirdly, students need money for their personal living expenses. It includes money spent on their food, transportation, entertainment, clothes, insurance and more. However, it depends on the lifestyle students choose to live abroad. Due to this, it is not easy to know the exact amount, but on average, they need AUD 2000- AUD 2500 per month to live a reliable life while studying at RMIT University in Australia.
Studying abroad is not easy for an average student. They need a lot of money for a successful journey. However, the question is where to get this handsome amount. Well, Kerala experts have the answer to this question. Let's learn about it in the next part of the article.
Kerala Experts' Tips to Arrange and Manage Finance to Study at RMIT
Every year, plenty of Kerala students plan to study at top colleges abroad. However, they struggle a lot to manage their finances for a successful journey. So, in this case, the best study abroad consultants in Kerala guide to follow some tips mentioned below and make this task easy.
Apply for Education Loan
An education loan is the best way to arrange finance for overseas education. It covers the entire tuition fee. Moreover, it carries a lot of benefits. Thus, it helps the students to get sufficient money for their study abroad journey.
Scholarships
Students who choose to study at RMIT University are offered several scholarships for their financial aid. These programs cover the entire or half of the tuition fees. In addition, it offers networking, internships and other opportunities. It helps the students to learn and grow their working skills.
Work Part Time
Most students who study in top destinations like Australia seek part-time work. It helps them to generate a side income. Due to this, they are able to manage their expenses easily and make a successful study abroad journey.

Conclusion

Kerala is a major state in India. Many students from this place plan to study in top countries like Australia. However, they find it difficult to arrange funds for a successful study abroad journey. In this case, they should get help from the finest overseas education consultants in Kerala. They will guide them through the different types of expenses to make a strong budget. Also, they advise some tips on how to arrange and manage finances for a reliable life abroad.

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