UBCbiograd2009

Hi Everyone!

I just finished applying to some schools and only the University of Miami requires that I fill out a statement of financial responsibility.

My problem is that neither I nor my parents have money to pay $38,000 a year for graduate studies.

If my parents put down on the form that they have insufficient funds, will I be denied admission into U of Miami?

I can't apply for scholarships yet either, since in Canada, the equivalent of an NSF or NIH can only be given if you are already enrolled in graduate studies.

Anyone have any idea as to what I should do? Any advice?

Almost freaking out here.

romanigypsyeyes

I think, although someone can correct me, that you can't get a student visa unless you can prove that you have some way to pay for college. I don't think scholarships that may or may not happen qualify as having "sufficient funds" for your program.

How do you plan on paying for college if your family does not have the money?

UBCbiograd2009

Well this is what I'm asking.

Do i take out a student loan, demonstrate that as my finances available, then get a teaching or research assistantship that will pay my tuition for me, and then not cash in my student loan?

Most American grad students can't pay for their own tuition, and most Canadians grad students at Canadian institutions can't pay for their tution as well.

The other schools that I applied to did not require me to sign this form, so I don't know what will happen there.

UBCbiograd2009

OK I think I figured it out: if I get accepted to the school, then I need to send in this information. If I'm offered a scholarship or assistantship, then I don't need to worry about the finances. If the money being offered is too little, then I'll have to supplement that with a loan or money from the family.

Does this make sense to anyone else?

happymomof1

^^^^ sounds about right.

Good luck with the applications!

UBCbiograd2009

Thanks! I hope I get in somewhere