International students requesting admissions East Georgia State College must provide evidence of sufficient funds of at least $20,000 to cover tuition, fees, living expenses, and health insurance to qualify for a Form I-20 or Form DS-2019.
Students must submit electronic copies of official financial documents to qualify for a Form I-20 or Form DS-2019. Screenshots and unofficial electronic printouts are not valid for the purpose of Form I-20 or Form DS-2019 issuance. Financial documents must meet all of the requirements listed below:
- Be an official bank document (signed and stamped, or an official electronic monthly statement) and show professional letterhead stationery or the bank’s official stamp or seal
- Be written in English or officially translated into English
- Contain an issuance date within the last 6 months
- List the account holder’s full name
- List the account type
- Indicate the current balance and currency, converted to USD
- All funds must be liquid and immediately available for withdrawal (most commonly:
checking, savings, or current accounts
Examples
Acceptable documents
- Bank statement
- Bond statement
- Certificate of deposit
- Government sponsorship letter
- Loan confirmation letter
- Mutual funds
- Scholarship letter
Unacceptable documents
- Credit card statement
- Life insurance statement
- Pension fund statement
- Real estate documents
- Tax return documents
- Wage/salary statement
- Employment letters or Salary statement
- Non-liquid Investments
- Stock market statements
Additional Details
Keep an original financial document to take to your visa appointment and/or to present to Customs and Border Protection when entering the U.S.
Students may have more than one guarantor/source of funding. Guarantors may be parents, grandparents, other relatives, or friends. All guarantors must fill out a guarantor affidavit of support.
If two or more students are using the same financial documents, there must be funds available to cover the estimated educational and living
expenses of each individual. For example, twice the minimum amount required must be
shown if using the same documents for two students.
If you have a scholarship/tuition waiver, subtract that amount from the total amount required to determine the amount you must document.
If personal/family funds are insufficient and business funds must be documented, the
business must provide a letter stating that the business
funds will be used to provide support for the student’s educational and living expenses
in addition to the guarantor affidavit of support being signed. The letter must include:
-
- the student's name
- organization’s address and telephone and fax numbers
- original signature and title of the responsible official
- specific dollar amount and duration of the scholarship
REQUIRED & HELPFUL MATERIALS
- Guarantor Affidavit of Support
- Certificate of Financial Support
- Sample Financial Statement (Bank representatives can use this as a guide for writing a letter to document funds)
- How to Apply for an I-20 web page
