I had an interesting conversation with one of the frequent readers of this blog, about Visa bank balance and source of money. I want the readers to answer the question. I have partially answered the question from the reader and I’m expecting the readers to answer he last question.
Reader:
I’m admitted in to the University of Connecticut. It’s fees is $23,534/yr(approx. 9.5L INR) + living expense. I have a bank loan of 15L and liquid cash of 7L in my SB. plus assets and investments like PF, LIC, shares, property etc covering upto 16L. Wat are my chances of getting F1 visa? Can u tell me the possibility?
Answer:
You will need to show more liquid cash because you don’t have liquid even for the first year. 8L per year is good Annual Income for parents, but try to get more money into Savings or in FD.
Reader:
So will it be fine if I borrow money from my uncle and have it in account. Will that be a problem in visa?
Answer:
You can do that, but if they happen to ask the source of money be ready to say the answer.
Reader:
Well, can i answer that I have borrowed it from my uncle for my study expense?
I request other readers to help me in answering the question. In that way, we can see what other ideas students have in mind and it will definitely help others readers too.
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{ 12 comments… read them below or add one }
I am applying for general student under tier 4 general.I want to ask that can i show my parents statement or i will need my own bank statement under new tier 4 application rules.
I am applying for general student under tier 4 general.I want to ask that can i show my parents statement or i will need my own bank statement under new tier 4 application rules
well my brother in low means my sister’s husband sponcer me so in interview they ask that why your brother in law sponcer not your father ? what i give answer?
Hello
I have a query to ask you. Actually iam going to take GRE in May this year and looking to pursue masters in Water resource management, and will target Spring admission. i have listen that there is no provision for scholarship in spring admission and moreover for intern one has to wait for 19 credit hour which somehow take 3 semester??
I have my sister and brother in law in U.S. Can i show their sponshorship for Visa grant??
Hi,
I had question do ask you guys. I’ve been living in Italy since a couple of years.Can i do sponser my brother in his US studies ???
Or is there any problem since i’m not in US or in India.
thanks
Hi,
I had question do ask you guys. I’ve been living in Italy since a couple of years.Can i do sponser my brother in his US studies ???
Or is there any problem since i’m not in US or in India.
thanks.
@ Ashu: Anyone ( relatives, parents,..) can be your sponsor, provided you get Affidavit from them.
@ Elizabeth: I have been thinking of doing hat for sometime now. I already have them in order, but its not updated. I will try to get it done by this month end. I’m trying to write about F1 Visa and Travel related articles now.
I have my sister working in states and my brother in law is also in states but studying.Can i say my sister is sponsoring me?
HEY !!! THIS BLOG OF UR’S IS AMAZING !!!!!
well i am looking forward to apply for 2009 fall….i have gone thru most of the required stuuff i ought to know for application processing.. well would be grateful to you if you can just list out in a sequencial manner precisely from where to start (numbered) followed by the next move and so. onn ..
i ‘m eagerly waiting for the reply asap coz i think it’s only few months away to work on it completely… not to fall short of time… thank you…
@ vijay
Nope, I don’t think so. I thin when you pay the money, it should have said, its non-refundable.
i had cancelled my visa for two times can i get my money back