When submitting financial documents for your I-20 application, it is important to follow these guidelines:
Submit recent financial documents: Financial documents should be dated within the past six months to demonstrate that you have sufficient funds to cover your tuition and living expenses while studying in the United States.
Provide clear and accurate information: Ensure that all financial documents are accurate and provide clear information about the account holder, account balance, and currency. If the document is not in English, you must provide a certified translation.
Provide original documents or certified copies: You must provide original financial documents or certified copies of the documents. Photocopies or scanned copies are not accepted.
Show liquid funds: Your financial documents must show that you have liquid funds available for your education in the United States. This includes bank statements, investment account statements, or scholarship award letters.
Include supporting documents: If you have a sponsor, you must provide an Affidavit of Support from the sponsor and their financial documents. If you are receiving a scholarship, you must provide proof of the scholarship.
Cover all expenses: Your financial documents should show that you have sufficient funds to cover all expenses for your program of study, including tuition, fees, living expenses, and health insurance.
Consider exchange rates: If you are submitting financial documents in a foreign currency, you must include the exchange rate conversion to U.S. dollars.
Remember that the requirements for financial documents may vary slightly by university and country, so be sure to check with your university's Designated School Official (DSO) for specific instructions and deadlines. It is also important to provide accurate and complete financial documents to avoid any delays or issues in your visa application process.