Study in Australia vs South Korea: student visa compared
A side-by-side look at the student-visa requirements for Australia and South Korea— the funds you must show, living costs, fees, processing time and document load. Figures are sourced from each country's official pages and date-verified.
| Factor | Australia | South Korea |
|---|---|---|
| Proof of funds (per year) | 29,710 AUD | 20,000,000 KRW |
| Living cost (per month) | 2,476 AUD | 1,200,000 KRW |
| Visa fee | 2,000 AUD | 80,000 KRW |
| Typical processing time | ~6 weeks | ~4 weeks |
| Main intakes | Feb, Jul | Mar, Sep |
| Required documents | 6 | 5 |
Funds are shown in each country's own currency, so “lower” is only marked when currencies match. Always confirm current figures on the official sources below.
Verdict: Australia vs South Korea
- South Korea needs less money up front — about €13,333/year versus €18,227 for Australia (≈ €4,894 less).
- South Korea is typically faster to process (~4 weeks vs ~6 for Australia).
- South Korea asks for fewer required documents (5).
Money figures normalised to euros at ECB rates for comparison; official requirements are set in each country's own currency.
Unique to Australia
- Confirmation of Enrolment (CoE)
- Genuine Student (GS) requirement
- Financial capacity
- Overseas Student Health Cover (OSHC)
- English language proof
- Health examination
Unique to South Korea
- Certificate of Admission
- Financial requirement
- National Health Insurance (NHIS)
- Language proof
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Frequently asked questions
Is it cheaper to study in Australia or South Korea?
By proof of funds, South Korea is cheaper — €13,333/year versus €18,227 (compared at ECB rates, 2026-06-20). Tuition and living costs vary too — see each country's full guide.
Which student visa is faster, Australia or South Korea?
South Korea typically processes faster (~4 weeks vs ~6). Embassy appointment availability is often the real bottleneck in both.
Should I study in Australia or South Korea?
It depends on your budget, course and goals. South Korea needs less money up front — about €13,333/year versus €18,227 for Australia (≈ €4,894 less). South Korea is typically faster to process (~4 weeks vs ~6 for Australia). South Korea asks for fewer required documents (5). Use each country's full requirements guide and the eligibility tools to decide.