A subclass 500 visa is designed for international students who want to pursue their education in Australia. It allows them to study for full-time courses in any accredited institution in the country. However, to be eligible for this visa, one needs to meet certain requirements such as enrollment in a registered course, adequate health insurance, and proof of financial support.

The subclass 500 visa is regarded as one of the most sought after visas in the world as it offers numerous benefits to the students. For instance, it provides them with a chance to experience Australia's world-class education system, develop their skills, and foster professional relationships. They also get to learn more about the Australian culture and make friends with people from diverse cultures.

Under this visa, students are allowed to undertake a range of courses such as diplomas, bachelors, masters, and research programs. They can choose to study in any field of their interest such as engineering, business, arts, and sciences. This broad range of study options is what attracts many international students to the Australian education system.

However, getting a subclass 500 visa is not a cakewalk. Students have to provide evidence of their admission to a registered course, English proficiency, and adequate health insurance. They need to score at least 5.5 in their IELTS exam or equivalent in other exams to satisfy the English proficiency requirement. Moreover, applicants need to abide by certain health requirements such as tuberculosis screening.

Another vital aspect of the subclass 500 visa is that it permits students to work part-time while studying. Part-time work, along with studies, provides students with practical work experience and helps them earn some extra money to support their living expenses. Students can work up to 40 hours per fortnight during their term and full-time during breaks.

In conclusion, the subclass 500 visa is an excellent opportunity for international students to pursue their education in Australia. This visa provides them with the freedom to choose from various courses and institutions and also allows them to work while studying. The high-quality education system in Australia and the multicultural environment make the country an attractive destination for students worldwide. However, it is important to ensure that all requirements are met before applying for this visa to avoid unnecessary delays or disappointments.