Comments on: Large Bank Deposits Before F1 Student Visa Interview?

By: HSB

HSB — Sat, 21 Nov 2009 04:47:26 +0000

Thats what most students do, if they want to get new I-20. But, during Visa interview you have to show bank balance and you need to have money in the bank.

By: Rodman

Rodman — Fri, 20 Nov 2009 22:31:40 +0000

Hi I have the same issue.
I only have half assistantship next semester, but need to leave country in the winter. the half assistantship is only $7000, yet I-20 requires $19000. since I only have $3000 in my account, I borrowed 11000 from friends recently to deposit into bank in order to get the bank statement. I would have to return their money before the VISA interview, will this be considered as fake statement? and will the VISA officer be able to verify that?
This may determine whether I leave country or not, so I appreciate your response very much?

By: HSB

HSB — Mon, 12 Oct 2009 11:43:19 +0000

Is it for Visa or for admission?

By: Jobin John

Jobin John — Mon, 12 Oct 2009 05:46:42 +0000

hi i just want to know that how much should i show in my bank account for a 3 year or 1year study???

By: Maddy

Maddy — Tue, 07 Jul 2009 14:12:17 +0000

I also have the same problem,I recently have deposited large amount of money like 2 lakh,3 lakh and 9 lakh etc.total I have to show 24 lakh for a year.these amount was lended from my relatives,friends to show as a bank balance,by the time i go for interview the balance of 24 lakh would be 1/2 months old.its deposited in my fathers account(sponsor) and VO would like to see 6 months of transaction.i have 6 months of trasaction through my fathers account but latter 5 months has transaction like 8000,3000,5000 and recent is 3 lakh,4 lakh which was deposited to show balance.So if VO asks why large amount of transaction within one month?and if VO asks about the sources then what reasons should I present to them?

By: Anu

Anu — Thu, 25 Jun 2009 05:02:55 +0000

Hello,
I am applying for student visa for MS in US (fall 2009).
I have shown two sponsors, my brother and my cousin brother as sponsors while submitting financial documents for I20 processing to the university.
The problem is, now my cousin brother does not have teh same amount what was there before 3 months when I submitted the documents.
After this, I got a loan from a bank which would cover the entire tuiion fee amount.
I have a question now. In my visa interview can I show the loan instead of sponsor. Will this create any problem in getting the visa?
Please comments on this..
Thank you in Advance for all your help.

By: mona

mona — Wed, 27 May 2009 11:40:23 +0000

hi
i have recieved an I20 from george washington university in US.my uncle is a US citizen. can he sponsor me for my MS? will it be some issue During my visa if 50% or more of my fees is being paid by my uncle?

By: priya

priya — Tue, 26 May 2009 21:57:35 +0000

Am applying for fall 2009 in chennai embassy for F1 student visa. Is taking student loan required?
Appreciate any help.
thanks
priya

By: priya

priya — Mon, 11 May 2009 20:42:37 +0000

Am sorry to post this again, pardon me folks, since i did not get any response, posting again. Can someone pls help me out?

I have applied to universities for masters program in computer science for fall 2009. I have got admission from one of them. I need to go for the visa stamping in chennai.

I have done engineering in computer science and then mba and have worked for 2 years in india. Now i have applied for MS in computer science and got admission in a university.

-In my parents bank account, we can show liquid cash for 40 lakhs.
-In my account (since i have been working as s/w engineer for 2 years in india), i can show 5 lakhs.

These amounts are deposited in the last week. So by the time i go to the interview, it will be 1 or 2 months old.

I am not taking a bank loan since we have cash to support the fees and living expenses.

1> By the time i go to the interview, the balance of 40 lakhs in the bank would be only from the past 1-2 months. Would that be fine?
2> Can you folks please let me know if anyone of you showed anything like this, and were successful in getting the student visa?
3> Is this sufficient amount? I-20 mentions 35K per year, so its 70k, which amounts to around 35-40 lakhs for 2 years.
4> Is taking bank loan a mandatory thing?
5> Can i go to the visa appointment with these?
6> If they ask for bank statment during the VISA interview, will these sudden transaction (around a month or two old) create a problem ?
7> How many months of bank statement should i take?
8> How many months/years of bank passbook entries should i take?
9> I heard that instead of transferring funds to my account we can get sponsorship letters by keeping the funds in sponsor’s accounts. Can we really do this? If so, who can be the sponsors, other than parents? And how should the sponsorship letter look like? Any format?
10> If taking sponsor letter from people other than parents is fine, can i take that sponor letter from someone else, along with the 40 lakhs in my father’s account? What are the documents and formalities we need to do to take sponsor letters from other than parents?

Appreciate your help and response.

1> During my visa interview, will my MBA have any negative effect on getting the visa? Since i want to do MS in computer science i applied for this program. Will they ask why i want to do MS after MBA? If so, how can i convince them that this is really what i want to do?
2> How will i convince them that i will come back to india after MS?

Thanks
Priya

By: priya

priya — Mon, 04 May 2009 06:11:11 +0000

Hi Folks
This is Priya. I have applied to universities for masters program in computer science for fall 2009. I have got admission from one of them. I need to go for the visa stamping in chennai.

This is an excellent forum and the folks here are helping many others in my situation very well. Thanks to all of you for posting your experiences and helping out, its really a wonderful thing you guys are doing.

I have done engineering in computer science and then mba and have worked for 2 years in india. Now i have applied for MS in computer science and got admission in a university.

2> How will i convince them that i will come back to india after MS?

I have a question regarding preparation of financial documents and i request you guys to help me out. Here is what i am thinking, pls correct me:
These are the things we can show:

-In my parents bank account, we can show liquid cash for 40 lakhs.
-In my account (since i have been working as s/w engineer for 2 years in india), i can show 5 lakhs.

These amounts are deposited in the last week. So by the time i go to the interview, it will be 1 or 2 months old.

I am not taking a bank loan since we have cash to support the fees and living expenses.

1> By the time i go to the interview, the balance of 40 lakhs in the bank would be only from the past 1-2 months. Would that be fine?

2> Can you folks please let me know if anyone of you showed anything like this, and were successful in getting the student visa?

3> Is this sufficient amount? I-20 mentions 35K per year, so its 70k, which amounts to around 35-40 lakhs for 2 years.

4> Is taking bank loan a mandatory thing?

5> Can i go to the visa appointment with these?

6> If they ask for bank statment during the VISA interview, will these suddent transaction (around a month or two old) create a problem ?

7> How many months of bank statement should i take?

8> How many months/years of bank passbook entries should i take?

9> I heard that instead of transferring funds to my account we can get sponsorship letters by keeping the funds in sponsor’s accounts. Can we really do this? If so, who can be the sponsors, other than parents? And how should the sponsorship letter look like? Any format?

10> If taking sponsor letter from people other than parents is fine, can i take that sponor letter from someone else, along with the 40 lakhs in my father’s account? What are the documents and formalities we need to do to take sponsor letters from other than parents?

Appreciate your help and response.
Thanks
Priya