Financial Guaranty

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As part of the I-20 application process, students must demonstrate proof of financial support. This can be done by submitting one of the following documents:

  • Bank Statement
    • A bank statement can demonstrate proof of financial support if the statement is from an officer of the bank or other financial institution in which the student or family member has an account. The statement must include the date the account was opened and the total amount deposited over the past year.   The bank statement can show personal funds, and/or funds from an immediate family member outside of the U.S. (if accompanied by a letter assuming financial responsibilty).

  • Affidavit of Financial Support
    • Two originals of these papers must be obtained so that one set of originals can also be presented at the U.S. Consulate along with the visa application. Affidavit of Financial Support (http://www.uscis.gov/files/form/i-134.pdf) from an individual sponsor (U.S. citizen or permanent resident) inside the United States. Proof of financial resources must accompany the affidavit. Forms can be downloaded from http://www.uscis.gov/portal/site/uscis.
  • Scholarship Letter
    • A scholarship letter from the sponsoring organization or government detailing the amount of support the student will receive.
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