List of Financial Documents and Bank Balance

I am applying for the fall semester for a PhD course in Pharmaceutics. I am currently in the last semester of my B. Pharmacy.

I have taken my GRE and score is : Q -740, V -520, A -4. I’m taking my TOEFL this 16th. I am applying before the TOEFL due to the deadlines.

My query is regarding the financial documents that the universities ask for in the application package. Can you please tell me what all financial documents have to be sent and what are the ideal conditions of those documents(like the amount in the account, etc.)?

Please help me with a reply because I’m approaching the deadlines.

Financial Documents

Before you read this article, take a look at FAQ’s on Bank Statement for US Graduate School Application

To give an example, consider the International Students Admission Checklist from University of Texas at Arlington.  UTA has clearly specified the required list of documents to be completed and which documents show arrive before the deadlines.

• Required Financial Documents by College of Engineering

In the above listed Financial Document for College of Engineering, they have requested to complete 3 separate forms

1. Page 1 by Applicant (STATEMENT OF RESOURCES FORM)
2. Page 2 by Sponsor ( SPONSOR’S STATEMENT FORM)
3. Page 3  by Bank (BANK AFFIDAVIT FORM)

They have clearly stated the minimum required amount for 9 month and 12 month study. So, you will be required to have bank balance greater that 9 months study ( $24,878.00).

You might ask the following question

I received I-20 for 9 months study, can I take courses for all 12 months?

Yes, you can take courses in Fall, Spring and Summer semester of the same year. Above balance is required to get admission and I-20. After you are in the first semester, there is noting that will stop you from take courses for all 12 months.

Bank Letterhead Statement

Some universities will not provide template like UTA, in that case, find out how much is the tuition fee for 9 months or 12 months from their website. Then get bank statement from the bank ( bank manager has to sign) and get an Financial Affidavit in Rs 10 Stamp Paper.

You can also send email to graduate school admission office and get required bank balance.

You will have to send both

1. Bank Statement in Original letter head
2. Financial Affidavit in Stamp  Paper

Hope this answers your question.

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