Imagine living in Australia, working legally while you study, and having a real plan to finance your experience. Many Mexicans who want to study abroad don't stop because of lack of interest — they stop because of a belief: "I don't have all the money saved, so this isn't for me."
But do you really need to have all the money available from day one? In this guide we explain how education financing works and what options you can consider if Australia is your destination.
💡 The Myth That Stops Most People
📋 The Student Visa — The Real Pathway for Mexicans
Mexico does not have a Working Holiday agreement with Australia. For a Mexican looking to study and remain in Australia for an extended period, the Student Visa (Subclass 500) is the main option. This visa allows you to study legally and, under certain conditions, work during study periods.
What the Subclass 500 requires
- Confirmation of Enrolment (CoE) — letter from your CRICOS-registered institution
- OSHC health insurance — mandatory throughout your entire stay
- Financial capacity — demonstrating access to required funds (not necessarily cash already saved)
- English proficiency — IELTS, PTE, LanguageCert or another approved test
- Genuine Student (GS) requirement — demonstrating that your primary purpose is to study
- Biometrics — available in Mexico City, Guadalajara, or Monterrey
🏦 Laudex: Education Financing for Australia
Laudex is a financing alternative that Mexican students can consider to cover the costs of their educational project abroad. The loan is subject to approval and to the conditions in effect at the time of application.
General requirements
For the student: Mexican nationality, acceptance letter from the educational institution, and a co-signer (obligado solidario).
For the co-signer: Mexican nationality, meet the age requirements, demonstrate income, and have an adequate credit history.
💰 Is It Really More Expensive Than Staying in Mexico?
Compare the real numbers before deciding:
The difference is here: in Australia you can study and at the same time generate legal income while developing English, international work experience, and an academic qualification in another country.
💼 Working While You Study
during classes
during official course breaks
- From July 2026, the national minimum wage is AUD 26.44 per hour
- Working 24 hours per week, you can earn approximately AUD 2,750 per month (~3,400 MXN gross at current exchange rate)
- During official course breaks you can work full-time — no hour limit
- This income is part of your real financial plan — not just the initial loan
🔑 What Almost No One Tells You
The Mexican passport is classified at Assessment Level 1 — Australia's lowest-risk category. This means faster processing and historically higher approval rates compared to many other Latin American countries.
Everything runs through ImmiAccount and is resolved by the Department of Home Affairs in Australia. The embassy only provides information. That is why working with advisors who know the real Home Affairs process makes the difference.
Your capacity to work while studying is not an extra — it is an integral part of your financial plan. Many students cover their monthly living costs through work and reserve financing or savings for upfront costs: visa, OSHC, flights, and deposit.
Free advice from Study Destination
Get personalised guidance at no cost for your journey to Australia, Canada, Ireland, Spain or Dubai. We work with Laudex to help you structure your financial plan from day one.
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