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Old 11-03-2009, 01:29 AM   #1
New Member
 
Join Date: Oct 2009
Posts: 3
Certification of finances

Hi
Im an international student. I intend to soon start applying. However, i noticed that lots of colleges ask for a certification of finances. Does anyone know if that means I wont get admission if my parents dont have enough financial depth?
christjoo is offline   Reply   
Old 11-03-2009, 09:44 AM   #2
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Join Date: Mar 2008
Location: Maryland
Posts: 3,058
In order to get your student visa, you will need to demonstrate to the college/university that you have enough money to pay for your education.

You need to talk with your parents about how you are going to pay for your studies. How much money is available? Would you need a scholarship in order to study in the US? How big a scholarship?

Read the information at International Students - EducationUSA so that you can have a better understanding of this process.

Good luck!
happymomof1 is offline   Reply   
Old 11-03-2009, 09:51 AM   #3
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Join Date: Sep 2009
Posts: 3,212
Happymom is right.

The US requires that int'l students have complete funding before permitted to come into the country. Usually that means "full funding" from parents. The US doesn't want students to come here only to announce that they need money for their education and living expenses.

There are a very small number of schools (ivy types) that give a lot of aid to int'ls, but any "shortfall" must be from parents (and demonstrated).

There are a few schools that give small amounts of aid, but the majority must come from family. For instance, some might give $5k per year, but your family has to demonstrate that it can pay the other $30k-50k per year for your education.

Most schools don't give any money to int'ls, therefore all of the money must come from family.
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