The subclass 500 Student visa is a temporary visa that allows you to study in Australia. To be eligible for a subclass 500 Student visa, you must meet the following requirements:

• You must be enrolled in a full-time course of study at an Australian education provider that is registered on the Commonwealth Register of Institutions and Courses for Overseas Students (CRICOS).
• You must have Overseas Student Health Cover (OSHC) or fall into one of the exemption categories.
• You must be 6 years of age or older.
• If you are under 18 years of age, you must have adequate welfare arrangements in place while you are in Australia.
• You must meet the health and character requirements.
• You must have a genuine intention to study in Australia and return home.
• You must have enough money to support yourself while you are in Australia.
• You must show that you are a genuine student
• You need to provide an English test report (As per the course/ college)
• Your Resume/CV
• GTE statement/ SOP 

You can apply for a subclass 500 Student visa online or through a registered migration agent. The processing time for the visa varies depending on the circumstances of your application.