Most Essential Financial Documents for US Post-Admit & I-20 Form

Published by Gaurav Kandari | April 29 2024

Savings Deposits and Checking Accounts The key building block of financial stability, savings and checking depository accounts, stand as a physical symbol of your solvency.

Approved Education Loans Although we can set our aspirations high, we need to turn them down to reality with officially approved loans for education. Nevertheless, remember that state laws may only regulate officially sanctioned lenders.

Bank Letters or Certificates Bank letters or certificates are a perfect metric to indicate your financial fidelity giving concrete evidence of your financial stability, which in turn boosts your visa prospects.

Time/Fixed/Term Deposits or Government Bonds With an eye towards the future, time, fixed, or term deposits, along with government bonds, showcase your commitment to financial responsibility.

Employer, Government, or Organization Sponsorships/Scholarships In the face of high tuition costs, aid from employers, government agencies or organizations may become the only step to a solution.

Provident Funds At times of uncertainty, when finance is unstable, the provision fund is a safety net. Nevertheless, the visa application process considers only funds kept in the account irrespective of their availability for instant withdrawal.

University-Granted Scholarships/Assistantships Provided by universities, these rank the most substantial financial aid among students. They not only free you from financial constraints but also indicate the university’s belief in your potential.