Costs and funding
With the partner university exchange agreements in place, you pay your tuition fees in Malaysian Ringgit (MYR) to Monash University Malaysia. You do not need to pay tuition fees to the host university where you pursuing your exchange semester.
Please note that different tuition fee arrangement may apply to Short Term Programs.
If you plan to study overseas with a university that is not a Monash partner, you’ll pay fees directly to that university, in place of your Monash fees.
Living and travel costs are your responsibility
Living costs vary from one country to another and is dependent on your lifestyle and the duration of your stay.
Ensure that you have sufficient funds to pay for the necessities such as a return flight tickets, travel insurance, visa fees, food, accommodation, transportation, utilities, entertainment and study materials. Some host universities may require you to pay for orientation activities and compulsory field trips as well.
The exchange application includes a budget worksheet, which you should take seriously when completing. To make sure your experience is everything you want it to be think about the exchange rate in your host country, how much living costs are and make a plan to save money right up until you depart.
Funding for Outbound Students
Funding your trip could be easier than you think
Scholarships are made available to all approved Monash Malaysia students (including international students) going on a Monash Abroad approved program – international exchange program to partner universities or short-term programs.
The travel scholarships will be paid into your nominated bank account approximately two to four weeks before your overseas study program commences.
- Approval and the final decision will be made by Monash Abroad when assessing your eligibility to receive the Monash Abroad Travel Grants.
- If you exchange to the same host university for two consecutive semesters, you will receive one travel grant for your entire time abroad.
- You may not be eligible for funding if you are receiving any scholarships or financial assistance from an external organisation for any overseas study related expenses (travel, visa, accommodation, living allowance etc). Please check with your sponsor in advance.
- You are not eligible for funding if you are applying for the Independent Study Abroad program to a non-partner university.
Monash University Malaysia students studying abroad on Monash-approved international study programs no longer have to procure their own individual travel insurance.
If you are participating on the International Exchange program, your travel scholarship will include travel insurance, so you will not need to purchase it even if you travel before or after your program.
If you are participating on the Global Intercampus Program, travel insurance will be charged to your student account. This is a condition of your participation in the program.