Required financial documents
Please show all sources of your financial support and ensure that the sum equals or exceeds the estimated expenses (includes tuition and fees, as well as living expenses) for yourself and any dependents.
Please click here for the estimate of expenses for academic year 2024-2025
All financial documentation must meet the following requirements:
- Must be in English (or certified English translations must be included)
- Must be issued within 12 months of your program start date
- Must be on official letterhead
- Must clearly state the account holder’s name in English
- Must clearly list the currency of the funds in the account (if not U.S. dollars) in English
- Must include a currency conversion from the original currency to USD if the funds are not in U.S. dollars.
**Please note that the processing of your I-20 request may be significantly delayed if your financial documentation does not meet these requirements.**
Financial sources must be readily available liquid assets, such as:
- Checking or savings accounts
- Money market accounts
- Certificates/term deposits/fixed deposits with maturity dates no later than the program start date or stating that funds can be withdrawn at anytime
- Educational loans (a loan application is not sufficient)
- Benevolent account
- Current account
- Post office accounts
- University scholarships
The following are examples of sources that are NOT acceptable:
- Investment portfolios (Examples: stocks, bonds, mutual funds)
- Retirement plans
- Public provident funds
- Available lines of credit
- Wire transfers
- Deeds to real estate
- Leases with rental income
- Salary agreements or paystubs
- Material items (examples: livestock, land, jewelry, fur)
- Income tax forms