Bank Statement for F1 Student Visa
November 10, 2007 by Raghuram
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.
If you subscribe to this blog updates through email. You will be notified via email about new post and articles.
- Bank Statement Verification by Universities
- When To Send Bank Statement to U.S. Universities
- (Updated) Original documents for F-1 Student Visa
- How Much Bank Balance for F-1 Student Visa
- Bank Statement - For Graduate School Application
- Bank Balance for students with Scholarship - Reader’s Question
- F1 Visa Cancelled due to Fake Bank Statement
Hi can u pl let me know whether we have to attach the bank transactions as well…
[...] want to subscribe to my Email Updates. Thanks for visiting!In the previous post, I had listed some common questions regarding bank statement, now I will be answering each question in separate article. In this article, I you can find [...]
How much amt as bank loan
[...] checked the previous posts in I-20 Sample with Fees and Living Expenses Break down and other list of questions from students regarding visa and student loan. In this article, you will know how [...]
hi should i deposit money 10 days before visa??
@ 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?
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)?
@ Priyanka
Yes, absolutely you can get a sponsor ( relatives, brother ) with affidavit.
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?
Can my uncle(family friend-not a relative) sponsor me along with my father?
@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.
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
@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.
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.
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 ?