OIE Financial Document Requirements

All financial documents must meet the following requirements:

  1. Show liquid assets that can be readily converted into cash if needed
  2. Show the date of issuance and be less than 6 months old at the time the I-20 or DS-2019 is issued
  3. Be written in English, or accompanied by official translation
  4. Clearly state the currency of funds
  1. Financial Certification Form
    1. In order to receive an I-20/DS-2019, all international students must download a financial certification form and submit the completed form with the necessary financial documentation of funding to the e-form in iStart. The forms that are incomplete or have insufficient funds will be denied.
    2. Click here to download the required financial certification form.
  2. Acceptable Types of Financial Documents
Bank letters/statements
  • Name of bank account holder
  • Total available balance
  • Official letterhead and include the bank's name, address logo, and heading
  • Bank official's signature or stamp
  • Maturity date must be before the start of the semester if applicable. This applies to fixed deposits and term deposits.
Loan Letters
  • Must show student is approved or pre-approved for the loan
  • Must clearly state the total approved/pre-approved amount
Awards/ grants/scholarship/ employer sponsor Letters
  • Must clearly state what the scholarship includes, such as tuition, fees, books, and insurance. If includes a stipend, it must state the dollar amount per month or per year
Provident Fund Statement
  • Name of account holder
  • Must clearly state the amount that can be withdrawn before the start date of classes. Just showing a total available balance is not sufficient.
Employment letters or Salary statement

  NOT ACCEPTABLE

These types of funds are not considered as liquid assets

Unliquid Investments 
Credit card statements
Real estate statements
Life insurance statements
Stock market statements
Valuation statements
Tax return documents
  1. Sponsor Funds (i.e. Family/relative/friend/colleague/family friend)
    1. If the student is not using a personal bank account in their name, sponsor verification is required. Please have your sponsor verify their sponsorship by signing under "Sponsor Verification" in the financial certification form. 
  2. Dependents
    1. If you have dependents who need a visa, you will be required to provide additional proof of funding for each dependent: $600 per month for a spouse and $400 per month for each child.