Student Visa 500 is for children and adults who want to study in Australia. If your minimum age is 6 years, you can apply for a visa. The visa is valid for 5 years and is applicable for those applicants who have Overseas Student Health Cover (OSHC). The visa can be applied for inside and outside Australia. To learn more about the visa, contacting visa agents is a good idea, or visit the official website of Australia.