Bank Statement for F1 Student Visa
By HSB
To get Student Visa (F-1) Bank Statement is one of the mandatory documents. Many students get visa rejected providing fake financial documents. And its still not clear for many students, how much bank balance to be shown and how does student loan help to get in getting visa.
The format for bank statement for visa is same as the the bank statement used while submitting graduate school application(common mistakes made while submitting graduate school application online). But the question is, how much bank balance to show and how important is to have transactions. If you are wondering to find the answer.
There is no big magic in showing bank or rocket science behind the bank statement, but it does certainly makes affects the decision of a student, who is planning to study in U.S. Some universities, are very expensive and its nearly impossible for all the parents to show financial document to support the cost of education.
Questions about Bank Statement
- How much bank balance to show.
- What source of funds to show ( savings account, student loan, liquid assets, immovable assets, ..)
- How to draw fund flow diagram
- How to show proof for second year college expense
- Does bank statement for visa differ from bank statement used for graduate school application
- How long/how many transactions to show for the money deposited in the account
- Can I open a new account 1 month before the Visa date and show proof form that account?
- I don’t have enough money with me to show in bank balance, can I get Visa?
- Some suggest to go through consultancy who will deposit money in our account for some commission, can I get bank statement in that way?
- I have fake bank statement, can consulates find the fake document?
- Do you have sample bank statement, I-20, fund flow diagram?
- What questions will be asked related to Bank Statement?
- Do I need to take passbook with me for visa interview?
If you have any other questions, speak up in the comment section. I will pen down the answers with sample bank statement and fund flow diagram in coming week.
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Related posts:
- Bank Statement Verification by Universities
- Large Bank Deposits Before F1 Student Visa Interview?
- Bank Statement For Graduate School Admissions in U.S.
- Bank Statement from More One Sponsor For I-20?
- How Much Bank Balance for F-1 Student Visa
how many months bank statement do i need for 1 20 visa to usa
i am farooq from pakistan. How much amount of bank statement for applying for england student visa if i am a pakistani citizen.
how much bank statement is required for canada student visa?
as i want to go further studies in usa. i dont know wht exact bank balance and property we have to shown..
if suppose i want to mba form usa and its total course fee is rs. $30000 than how much i have to shown bank balance and property.
@Jaydeep – That’s the type of information you will find out in Premium Membership Club http://www.myhappyschoolsblog.com/services along with lost of other questions and answers. REgistration closes on Sep 30, 2009. So, hurry up and sign-up for the class.
Hello, My visa interview is scheduled on the 24th of Aug,09 and I was wondering where I could have a look at the sample bank statement. I have a GRE score of 1350, TOEFL IBT 115. I have an FC (69%)with no back logs in my undergraduation in engineering. I have been dismissed from my previous school, as i did not maintain the grades due to some personal problems.But i have re-applied and gotten into a reputed university with a scholarship of 45%. What are my do’s and dont’s?
I’d appreciate a response ASAP.
what is da best think case for UK embassy ? i m a intermediate student , i have apllied for uk in college of technology london , which i think not a A ranking college ? from where should i find this?because B ranking colleges are refused by UK embassy …
Hello Sir,
Reading your blog has helped me a lot.
I have a query:
Can I show my parents business account which has approx. US$ >40K?
What all doucments will I have to take for Visa?
My I-20 Fee is US $35,640.00.
I have my CA certificate with movable immovable assets and personal bank statment with total assets value of approx 2 crore indian rupees?
hi, I can I use different bank statement other than the one I sent to get the I-20 ?
Please reply now, my interview is tomorrow.
Yes, you can use different bank statement.
I am an H1B holder and been living in the US for the last 1.5 years. My Girlfriends has got admit for MS. My question is can i act as her sponsor and provide the affidavit of support. If yes could you tell me how to go about it?
Thanks in advance.
Abhishek
i am applying for visa for my mba course,can my dads PF statement which is around 10 lakhs,so can it b enough to show as a finicial bank statement?
hi
My visa interview is next week. My annual charges for the university as per the 1-20 form is U$19000. My father is showing around U$35000 in his bank. My fathers yearly income is U$31000. How are my chances. Should i show my Fathers’ EPF which is about U$100000 that he can use if he wants for my education. please reply soon.
@simran you should be ok. Take your pass book with you for the interview.
I think you have sufficient funds to show. $35-40k will work out and if you want to take interviewer in confidence that you are finalcially very stable then you must your fathers record with you. It will have good effect.
please counsel me how can i get a bank statement for sweden and finland
Hi..thnks for helping students………I have a query that i am self sponsored and i dont have enough money in my account but my frnd who is not my relative is ready to sponsor me.I want to ask that is it possible that he can sponsor me…….and if he can how??????what is the procedure??????? Please do reply fast……
I have got admission in Georgia tech inst, the annual expense of which $48,000. now the issue is how to show the availability of finance for 2 yrs for f1 visa, Pls suggest me the amount that i hav to show as liqid and fixed assets.
Hey can u plz guide me about the statement of finances and what exactly is an embassy looking at when they consider your statement
Sharoon, you can find sample finance statements and lot more details in the following link http://www.happyschoolsblog.com/category/graduate-school-admission/bank-statement/
im srikanth,
planig my ms ,, im planing for 2010,spring
sir…wht is my doubt is can we show our properties as a colatural support …
Hi i have completed my applications for fall 09 MS in the U.S I had to include the bank statement. Now my question is since i have shown the required amt in the bank statements, does it mean that i will not be considered for scholarships/assistantships? Pls guide as far as possible. Thanks a lot.
I am a student with good academic background and TOEFL english score. I do have enough funds to apply for university and other things. What are my chances of getting visa?
Though I am doing SAT but when my result is out the deadlines for scholarship will be out. So, I have searched such a college from where i can get fifty percent scholarship. I am confident that I can do well in my visa interview. But the problem is the visa percent for USA in our country for F1 visa is very low. Will I get visa or not? Please help me. You can contact me at reneeboring123@yahoo.com
@Renee – Getting US visa is in your hands. Do good preparation and get all the documents right. answer questions confidently. Good luck.
Hi I am applying for my MS in the US for fall 2009. I have about 15 L as svings in my parents’ accounts. But I am NOT going to use these to fund my education; I will be taking a student loan. The loan comes through only after admission whereas the bank statement has to be sent now. Is it ok to show these 15L as funds for the loan statement, but use a different 15 L i.e. the loan amt as my actual fee payment? Pls help it is really urgent. Thank you.
Yes, that perfectly fine. You can use your parents 15L while applying for admission. But, I doubt student loan alone will help you get visa. you might havr to use 16 L your parents have aswell as student loan for visa.
Sir,
I would like to know about my chances of getting a visa.well my situation is that my father owns a business but my brother who is married and has his warehouse is helping my father.Basically we deal with antique furniture so my father keeps his furnitures in my brother’s shop .Right now in our business bank account we have about 15lakhs nepali rupees.Our transaction is pritti good.Alll details are mentioned.where as my father also has a seperate bank account.Where he has about 20 to 25 lakhs.Well my brother says that the business bank acount will improve during the season time i.e from march.My university fee is 13500$.My father also has property land estimated to be about 16500000.Please could you suggest.
sir can i know the whole procedure once we write the gre test…..and i would like to know wat all should we carry wen we receive the gre score card..
This is shakeel cughtai from pakistan. How much amount of bank statement for applying a student visa if i am a pakistani citizen.
Hi, I am Naveen from Hyderabad.
I want to go US for study. I am sponsered by my parents and family friends or relatives. I have to choose that whom should I select for sponsership- relatives or family friends.
So, my question is that
“Whom sponsership is much more preferable- RELATIVES or FAMILY FRIENDS?
i am from philippines and an organization/company is going to sponsor my studies to UK. is there any possibilities that my visa will be denied?.. what are the requirements the company should provide for my visa to be approved?
hi fnds pls help i’m having a pblm wit my fin statmts i have 7 lacs +6 lacs i l cash in my sponsors 2 different accounts and fds of 4 lacs and i have around 4.3lacs in my account my i20 shows fees of $32500 pls help pls help if possible mail me..
I don’t have enough money with me to show in bank balance, can I get Visa?
i can show upto max. 5 lakhs in cash and i have a property of 20 lakhs on which we still have a loan of 8 lakhs and i dont have any other source
i am really canfused whether to go ahead or not
do reply
i got assistanship for phd degree from university for spring 09and tution fees waived off.plz tell me ,how much liquid money i require in bank
@Sandeep: Readers here will benefit if you can say which department, university and your Academic profile ( GRE, TOEFL, …) I will write answer to your question as an article.
Hi
My university has asked me to send the financial guarantee documents to process my i20 for the spring 09 session..but they’ve asked me to show an amount of $37,100..thats for 9 months ,everything included.I plan to take a loan,but the bank wont give me one until i show them the acceptance letter,which the univ says they have dispatched and should reach me soon.Now what expenses do i need to mention,i mean just what the univ has asked me to or should i take care of 2nd year expenses as well? i guess 2nd year expenses are not required for an i20 but VO might wanna look at the statements in the interview.
pls help.
hi! can any one of u can help me in getting bankstatement for uk student visa? plz help me. i need bankstatement of Rs. 6000000. plz arrange a bankstatement for me . plz plz plz . i shall b very gratefull to you.
format in indian style bank statement
wel i’m planin to apply for fall’09.i ‘ll be applyin in early october.can i show a bank statement which is 9months old.since we did have money in da account back den but not now.(along wid da application of grad schools)
Hi,
I am applying for fall 2009, for Graduate program (Phd) in Biological Sciences.
I would like to know about the Bank Statements as i need to show loans as my source of Finance.
As Banks say they cant give a statement till the University confirms the admission,how can i send my Application to the University without the Bank Statements,as it is one of the rerquirement of the Application Kit that needs to be sent.
Please advise me for both UK and US Universities.
Please also tell me what other Financial statement can be presented.
1.Does property papers can be shown.
2.Can my Brother who is in US,show his savings as Financial statement for my studies
Thanks and Regards
I was self-sponsor for my study in US. I shown the bank statement for all 3 years at my college and got i-20. So, will I have to show my bank statement during my study at college again ? I mean, if my i20 issued for 3 years, so, at the year after that will I have to show the bank statement again ?
Hello sir,
I am going to face my visa interview next week for New Mexico State University.
My I20 mentions an overall expences for 24 months as $12,000 ( I got out of state tution waiver).
I am showing Rs:25,00,000 as Fixed deposits and Rs:2,30,000 in savings account.
What r my chances of getting visa?
Please help me out.
Shall I have to show more money in savings account?
I did’t have bank loan.
Waiting for ur relpy,
regards, Ramesh.
@Ravi,
I hope, you have read the article in my blog about Fake Bank Statement and Visa was canceled. Having said that, most of them do what you have said. I cannot advise you on that, if thats right or wrong. Good luck with your Visa.
Hi
i am ravi
i am trying for fall 2008
now i am showing my bank statements and loan letter from a bank
i know a financier who has links with bank manager.
so what he said is he will be showing the perfect transactions from last 6 months.
he will be depositing the money i.e 10L or more depending on my fee structure and the money will be in my account till i complete my visa.
and he said that he will be providing me the original FD’s so as to show and even an letter from bank manager explaining about the FD source’s.
Can I go with him.will there be any thing else to check out? So that I won’t be in risk later.
2 of my friends had followed the same procedure now they are in us they tried for spring 2007
@G
As far I know that is possible. When applying for admission, you will have to specify both your parents and uncle as your sponsor and get both of them to sign an Affidavit of support. So, when I-20 is issued, it will say your parents and Uncle as sponsors. If you want to clarify this, best way is to send email to International Office to any university you plan to apply and find out. But, I’m sure you can do as I said.
Can my uncle(family friend-not a relative) sponsor me along with my father?
My dad is funding my tuition expenses and my uncle is funding all other expenses(like..living expenses..etc)..
so..is it ok to hv 2 fin. statements and 2 affidavits of support?
@ Priyanka
Yes, absolutely you can get a sponsor ( relatives, brother ) with affidavit.
Can i get the bank statement of my uncle or my brother to show as a proof( if they sign an affidavit confirming that they are ready to fund my education)?
@ Vamsi
It usually not recommended to deposit money before 10 days, unless you have good reason to answer the question, if VO asks where did you get so much money? But again, if your visa is by en of this month, you don’t have a choice right?
hi should i deposit money 10 days before visa??
How much amt as bank loan
Hi can u pl let me know whether we have to attach the bank transactions as well…