Costs and funding opportunities

Costs of Studying Overseas

Planning your finances is an important part of preparing for your international experience.

You will need to pay for all living expenses, such as accommodation, travel and food. Living costs vary according to your destination so its important to prepare a budget. Be sure to check costs and inclusions for the program you are applying for in order to begin your budget.

How will I afford to travel overseas?

There are lots of ways to fund your overseas experience with Deakin. Some programs may have one or more funding opportunities attached. Below is a description of a number of possible funding sources to help get you on an international program.

New Colombo Plan & Travel Grants 2018/19 - Available now!

Short Term Partner Program - Trimester 3 2018CountryFunding
Aarhus University Denmark 30 x $1,000 Travel Grants
Audencia Business School France & Belgium 10 x $1,000 Travel Grants
SRH Heidelberg November Germany 10 x $1,000 Travel Grants
SRH Heidelberg January Germany 10 x $1,000 Travel Grants
University of Stuttgart Germany 5 x $1,000 Travel Grants
WHU – Otto Beisheim School of Management Germany 20 x $1,000 Travel Grants
Essca Budapest Hungary 10 x $1,000 Travel Grants
Universita Cattolica del Sacro Cuore Italy 10 x $1,000 Travel Grants
Sophia University Japan 10 x $1,000 Travel Grants
Hanyang Session 1 South Korea 10 x $2,000 NCP grants
Hanyang Session 2 South Korea 10 x $2,000 NCP grants
Yonsei University - Session 1 South Korea 18 x $3,000 NCP grants
Yonsei University - Session 2 South Korea 19 x $3,000 NCP grants
Stockholm University Sweden 11 x $1,000 Travel Grants
The University of Edinburgh UK 10 x $1,000 Travel Grants
Trimester Long Programs - T2, 2019CountryFunding
McMaster University Canada 4 x $5,000 Travel Grants
University of Guelph Canada 2 x $5,000 Travel Grants
Universidad de los Andes Chile 2 x $5,000 Travel Grants
Universidad del Desarrollo Chile 2 x $5,000 Travel Grants
Aarhus Busniess School Denmark 3 x $5,000 Travel Grants
KEDGE Business School France 2 x $5,000 Travel Grants
Brandenburg University of Technology Germany 2 x $5,000 Travel Grants
Hong Kong Baptist University (Business ONLY) Hong Kong 3 x $8,000 NCP Grants
University of Hong Kong Hong Kong 4 x $8,000 NCP Grants
Centre for Environmental Planning and
Technology University CEPT
India 3 x $8,000 NCP Grants
Musashi University Japan 2 x $8,000 NCP Grants
Sophia University Japan 5 x $8,000 NCP Grants
Taylor's University Malaysia 2 x $8,000 NCP Grants
CETYS Universidad Mexico 2 x $5,000 Travel Grants
Universidad San Ignacio De Loyola Peru 2 x $5,000 Travel Grants
Nanyang Technological University Singapore 4 x $8,000 NCP Grants
Ewha Women's University South Korea 4 x $8,000 NCP Grants
Hanyang University South Korea 4 x $8,000 NCP Grants
Yonsei University South Korea 5 x $8,000 NCP Grants
Lund University Sweden 3 x $5,000 Travel Grants
National Taiwan University Taiwan 4 x $8,000 NCP Grants
Mahidol University Thailand 2 x $8,000 NCP Grants
University of Exeter UK 2 x $5,000 Travel Grants
University of Liverpool UK 1 x $5,000 Travel Grants
Bowling Green State University USA 2 x $5,000 Travel Grants
California State University - Long Beach USA 5 x $5,000 Travel Grants
Humboldt State University USA 3 x $5,000 Travel Grants
San Francisco State University USA 3 x $5,000 Travel Grants
FPT University Vietnam 5 x $8,000 NCP Grants

New Colombo Plan Grants

The New Colombo Plan is a signature initiative of the Australian Government that involves a scholarship program for study of up to one year and internships or mentorships, and a flexible mobility grants program for both short and longer-term study, internships, mentorships, practicums and research within the Indo-Pacific region.

Eligible destinations for Deakin students include Japan, Malaysia, Nepal, Papua New Guinea, China, Sri Lanka, Cambodia, Indonesia, Taiwan, India, Korea, Thailand and Hong Kong.

Please visit our Host Universities page or your program page for current information about funding opportunities. Please note information is updated before each exchange cycle.

Also note, aside from the New Colombo Plan Mobility Program grants, there are prestigious New Colombo Plan Scholarships available for students. If you are interested in learning more about the Scholarships, please contact us.

Travel Grants

A limited number of travel grants may be available for select Deakin Abroad programs. Check the program you are interested in for further details on any applicable travel grants.

Students who receive a Government scholarship will not receive additional Deakin travel grants but may apply for an OS Help loan.

OS-HELP loans

The Commonwealth Government offers OS-HELP loans of up to $6,665 (2018 value) or $7,998 (2018 value) for Asian destinations to students who are based in Australia and about to undertake some of their study overseas on a credit bearing program. Students may also be eligible for an additional $1,065 when undertaking Asian language study in preparation for study in Asia. This loan is paid into the student's nominated bank account by Deakin to cover costs such as airfares, accommodation or program fees.

Students wishing to apply for the loan must meet the following criteria:

  • be an Australian citizen or the holder of a permanent humanitarian visa
  • be enrolled in an undergraduate or postgraduate course of study at Deakin University in a Commonwealth supported place (eligible for HECS-HELP)
  • have already successfully completed at least 8 credit points (1 EFTSL) in the same course of study as the one in which the overseas study is being undertaken
  • have at least 1 credit point (0.125 EFTSL) of study remaining to complete on your course after your overseas study is finished

Students can receive a maximum of two OS-HELP loans over their lifetime. The loans must, however, be applied for at least six months apart. Visit the Australian Government website for more information on conditions of the loan, or find out how to apply for an OS-Help loan on the Deakin website.

Australian Government Subsidies

Australian government subsidies may be offered to students who go to selected universities for a trimester or year long exchange. Destinations and the number of available subsidies change from year to year.

Only students who are Australian citizens or who hold Australian Permanent Resident status are eligible to receive Australian government subsidy. All eligible Exchange students applying to one of the universities with available scholarships are considered for a subsidy. The subsidies are allocated based on academic merit. Check the program you are interested in for further details on any applicable scholarships.

Country-specific or University-specific scholarships and grants

Some universities or countries offer scholarships and grants to visiting students. Check the program you are interested in for further details on any applicable scholarships.

DUPP WIL Support Bursaries

Deakin students who undertake Work Integrated Learning (WIL) programs such as Internships, Industry-Based Learning, Practicum Placement, Professional Practice, Law Clinic or Community Based Volunteering for credit toward their degree may be eligible for bursaries to support their experiences. Further information and application forms can be found on the DUPP WIL

Youth Allowance/Austudy

If you are eligible for Austudy or Youth Allowance, and are attending an Exchange program for a Trimester your payments will continue while you are overseas. Those who undertake a study abroad program for a trimester are not eligible for Centrelink payments to continue. if you are doing a Short Term program, so long as you have a full time study load for the year your payments will continue while you are overseas. Once you are accepted to the Exchange program, you should make an appointment with Centrelink to discuss your plans. Global Student Mobility, on request, provide you with a letter to present to Centrelink.

Please visit Centrelink for more information.

Working while overseas

It may be possible to work part-time while you are studying abroad. We strongly recommend that you don't rely on finding work to support yourself and instead consider income from part-time work as an extra bonus.

Many countries have strict limitations on work entitlements for visiting students. You may have to apply for a work visa and pay an application fee before you are allowed to work. Contact your host country's embassy or consulate for further information on work entitlements.

Personal costs to consider include:

visa application and processing fees passport application fees return airfare to your host country domestic travel within the host country accommodation  immunisations and medications text books

Application Fees

Some international programs attract an application fee. These fees are to be paid when your application is submitted in order for your application to proceed.

  • Study Abroad and Exchange - $110.00 - This fee is non-refundable.
  • Short Term Programs - $55.00 - Deakin will provide a full refund for this fee if your application is unsuccessful or you need to withdraw from a program due to circumstances beyond your control.

Tuition costs

Different programs have different tuition costs. Trimester Abroad and Faculty-led Study Programs are run by Deakin or with partner institutions so tuition costs are included in your regular semester fees to Deakin.

Short Term Partner Programs may or may not be offered at Deakin partner universities and therefore tuition may or may not be included in the program fee charged to you. Short Term Partner Programs that have tuition fees charged by the host institution are listed as "Study Abroad" within the Program search.

If your international experience is not for credit, such as Volunteering or Placements, you will not be required to pay tuition fees.

Packaged costs

Some Faculty-led Study Programs and Volunteer costs will be packaged to include flights, accommodation, excursions and some meals. Please refer to individual program brochures for details.

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