How much should I budget for insurance as an MS student at the University of New South Wales?
For your MS at the University of New South Wales, budget around INR 66.71 thousand for insurance across the 1 to 2 year program. This sits alongside tuition and hostel costs, taking your total estimated fee to INR 22.18 lakh to 61.11 lakh.
Your insurance cost for an MS at the University of New South Wales comes to roughly INR 66.71 thousand for the full 1 to 2 year program. This is a small slice of your total spend, but it is a mandatory cover you need to factor into your visa and enrollment budget from day one.
UNSW Sydney MS Fee Breakdown (INR)
| Fee component | Amount (1 to 2 years) |
|---|---|
| Tuition | INR 6.46 L to 42.84 L |
| Hostel | INR 14.03 L to 16.58 L |
| Insurance | INR 66.71 K |
| Others | INR 1.02 L |
| Total fee | INR 22.18 L to 61.11 L |
Where Insurance Fits in Your Total Budget
Compared to tuition and hostel, insurance is a modest fixed cost, but it is non-negotiable for your student visa in Australia. Combined with an additional INR 1.02 lakh for other charges, your complete estimated fee for the program lands between INR 22.18 lakh and 61.11 lakh.
My Advice
Do not skip or underestimate insurance while trimming your budget elsewhere, since it protects you against much larger medical costs abroad, and confirm the exact policy your university mandates before you finalize your finances.
How much will a month in Australia cost you?
Rent, food and travel. A real monthly budget, city by city.
More Cost & living questions
- What is the lowest undergraduate tuition fee I can expect to pay at a Canadian university for the 2026 academic year?
- How much would I pay in first-year tuition for the International MBA program at York University, Toronto?
- If I get an education loan, can I proceed with the application after the loan amount is clear?
- Is it better to spend 12 lakhs in India or go abroad for higher studies in Germany for a Master's?
- Does the agency provide end-to-end services including visa, loan guidance, and accommodation?
- Do I need to show living expenses in my bank account for visa purposes, and can I withdraw it after reaching Ireland?
- How do I get an education loan for an MBA abroad as an Indian student?
- Which is more suitable for my son's master's education: Dubai or the USA, considering cost, location, program variety, post-study work options, and pathways to permanent residency?
More Australia questions
- What are the options for pursuing a master's in psychology or clinical psychology given my bachelor's background in biology in Australia/Canada?
- Can I apply for a master's program in Australia immediately after completing my bachelor's at age 25?
- How does the show money requirement work for Australia visa applications?
- Will freelancing work experience be considered as a gap or as valid work experience for admissions in Ireland/Australia for a Master's?
- What are the visa application chances and procedures for USA compared to Australia?
- Have you discussed your abroad education plan with your parents in UK/Australia?
- Is it better to apply for UK or consider other countries for my master's in business analytics in Australia/Canada?
- Which universities in Australia offer MS International Business for a B.Tech Product Design Engineering graduate and IELTS 7.5?