How much money to bring
When preparing to travel and settle into a new cultural and study environment one of the things to consider is the amount of money you will bring with you. You will need to consider how you will bring that money into the country and what you will do with your money once you have arrived in South Australia.
Your first month at university may be your most expensive because you will need to pay for your textbooks and program equipment (This could cost between AUD$100 and AUD$500 depending on your program). Also if you choose to move into private rental accommodation, you could be asked to pay up to 4 weeks rent in advance plus a bond (which is security against you causing damage to the property). The bond is usually equal to 2 or 4 weeks rent. (The bond is returned to you when you leave the property as long as you have not caused any damage).
The following guide may assist you in deciding how much money to bring with you so that you can establish yourself at the University with the least amount of worry:
- Cash AUD$500
- International ATM access AUD$1500.
Once you arrive in Australia the next important step is to open a bank account as soon as possible. A bank account makes it easy and safe for you to deposit and withdraw money whenever and wherever you want. International student services staff can assist you with advice on opening a bank account at the bank of your choice.
It is very important that you discuss with your financial provider (usually your parents or scholarship provider) the most reliable way for you to regularly receive funds while you are living in South Australia.
Before you leave home it is important that you make sure that the money you receive from home, while you are studying in Australia, is enough to pay for your tuition costs and your living costs. You might consider looking for part-time work in Australia although it is recommended that you do not work during your first six months of study. There is also no guarantee that you will find work or, if you do find work, that you will be able to cope with work without your study suffering. It is best that you do not rely on part-time employment as a means of paying your tuition fees or living expenses while you are studying.
If you are unsure whether you have been granted permission to work in Australia please ask the International Student Officer at the Learning and Teaching Unit on your campus upon arrival.