Australia has raised international student visa fees by 225% to manage migration and alleviate housing market pressures. This hike makes Australia the most expensive country for student visas, with additional charges for dependents and higher funding requirements for students.
Australia has implemented a significant increase in student visa application fees, raising them from $710 to $1,600 effective July 1, 2024. This 225% hike makes Australia the most expensive country for student visa applications, surpassing costs in the United States and Canada.
The Australian government introduced this measure to manage record-high migration levels that have strained the housing market. Additionally, the government has prohibited visitor visa holders and students on temporary graduate visas from applying for student visas while onshore to tighten regulations. The fee increase includes charges for accompanying family members and higher minimum funding requirements for international students.
This decision aims to ensure the sustainability of the international education sector while addressing the challenges posed by high migration numbers. As the sector adjusts to these changes, the impact on the international student market and Australia's economy will be closely monitored.