Visa Funds Requirement in USA
In order to apply VISA for the education in US, students must show that they collect ample amount of financial resources. It includes the living expenses and the tuition fee for the entire period of education in USA.
To prove that, a student usually needs to show two financial credentials, which in short will prove his or her ability to pay for the entire expenditures:
- A letter including financial guarantee from the sponsor, it includes the postal address and contact details of the sponsor. A relationship certificate with the student is needed. With these you have to add the sponsor amount which your will be going to pay through out your entire education program. [Note: This letter must be signed and dated.]
- Banking details of the Sponsor or he / she have to show his / her ample amount of financial resources currently available to cover up the entire estimated expenditure.