Other Financial Considerations
Following are other possible expenses or financial considerations that parents/students should consider when studying at ICHM and living in Australia. Much of this information is a guide only.
Accommodation
Regency International House (RIH) Bond A$500
This is payable on first entry to the on-campus student accommodation complex, Regency International House (RIH). Bond is refundable upon completion of on-campus study provided no expenses were incurred.
Accommodation in Regency International House (RIH)
Accommodation in RIH is available to students during on-campus academic semesters including mid-semester breaks. However, holiday breaks between semesters are not included within the accommodation fees. Students may apply to stay on-campus in the July holiday break at an additional charge, subject to room availability. Students should note that over the December/January holiday break each year, Regency International House is closed for maintenance and is not available to students. While ICHM will not be responsible for students between semester breaks, the ICHM Student Welfare Manager can offer suggestions for alternative accommodation. Students arriving earlier than two days prior to the start of semester at the beginning of each on-campus semester may request to be accommodated in Regency International House, additional charges apply and subject to the availability of rooms.
Note: On-campus accommodation in Regency International House is subject to availability for students in years 2, 3 and 4.
Student Visa
International students will be required to obtain a Student Visa to study in Australia. The visa processing charge (payable to the Australian Government) is approximately A$565. As part of the visa process, students may be required to have a medical check with an Australian Government authorised doctor. The fee for this medical is approximately A$300.
Internship
While students are expected to earn income during their internships, they will also incur expenses such as:
|
|
-
Transport costs to and from their internship placement city.
-
Accommodation (only a few hotels provide staff accommodation).
-
Meals.
-
Taxation.
-
Public transport to work.
-
Personal expenses.
-
Entertainment expenses.
|
These expenses will vary widely depending on location around the world. While income should cover daily living expenses, if in Australia, students need to budget for the upfront costs that are incurred when organising rental accommodation. These costs include bond and connections for telephone, gas, water and electricity.
Responsible Service of Alcohol (RSA) Exam
Students who go on a food and beverage internship to locations that require an RSA exam should be prepared to pay the cost. Such locations are generally those located within Australia. Approximate cost A$60-100.
General Living Expenses
While living on-campus, students will require money for general expenses. The amount required will vary, but on average students spend between A$60 and A$120 per week on the following items:
|
|
-
Additional stationery & photocopying.
-
Personal mobile phone cost will vary according to the provider and option selected.
-
Transport (bus, taxi or car if you have one).
-
Entertainment (cinema, recreation etc).
-
Snack food (some students say they can’t study without chocolate!).
-
Personal items (toothpaste, shampoo, washing detergent etc).
|
Student Discount
ICHM students are issued with a student identification card which entitles them to full student discount in South Australia, providing significant discounts on public transport, cinema tickets and more.
Computers
A networked printer is also available for student use. However students may wish to hire or buy a printer for their own use or share with other students in their apartment. Desktop computers are available in the 24-hour computer suite in the RIH student accommodation complex and computers are also available in computer labs throughout the campus. Students living off-campus will probably find it more convenient to bring or buy/hire their own computer and printer.
Storage
While undertaking internships, students may require storage of personal goods in Adelaide until they return to study on-campus. Should students require storage facilities they will need to cover this cost.
Health Cover – International Students
All international students coming to Australia on student visas are required to pay for Overseas Student Health Cover for the full duration of their studies. ICHM will arrange cover for students with the Australian Health Management Group Ltd at the students expense. While this cover provides financial assistance towards doctors and some hospital services, it does not cover dental, physiotherapy or optical services (eg glasses and contact lenses).
For more information on OSHC visit
Languages
Study The student’s choice of language, delivery mode and location will influence cost. See the Language Requirement pg.16 for more information.
