Financial Documentation for F-1 Students
Students seeking F-1 status, along with their F-2 dependents, are required by federal regulation to demonstrate that sufficient funds are available to cover the estimated cost for one year of tuition, fees, room, board, and miscellaneous expenses (books, insurance, transportation, etc.). Of course, students must be able to draw upon a reliable source of funding for the duration of study, as well. Indiana University South Bend may not issue an I-20 Certificate of Eligibility initially or for transfer until students are able to provide documentation of adequate financial support.
Students and their sponsors must also complete the Declaration of Financial Support form. This form should be uploaded to your Atlas account. You may also be mail or fax (574-520-4590), the Declaration, together with financial documentation. PLEASE do not email these documents. Use one of the suggested secure methods of submission.
OISS will accept the following forms of financial documentation, which should be no more than 12 months old:
- Bank statements indicating required currency amount
- Investment statements indicating liquid assets
- Scholarship letters
- Lines of credit
- Governmental funding
The following documentation will not be accepted:
- Chartered accountant statements
- Payroll reports/expected income
- Tax statements
- Property assessments
- Credit cards
- Bank statements lacking dates, account holder names, or currency amounts
- Other statements of non-liquid assets
There are a number of scholarships available to both domestic and international students. As you explore scholarship opportunities, please be sure to note well the deadlines and conditions of eligibility for each scholarship.