<p>Lets say my father has to pay a thousand dollars per year, but he does not have any bank account with that amount. He earns $300 per month and is going to use 1/3 of his salary to pay college. </p>
<p>What do you put in the COF if you do not have the money to pay college yet?</p>
<p>The same with student work/study funds</p>
<p>as you are going to send this to the college they will fill it by themselves (the student work study and any loan part that is in your finaid package)
You just need to show them the part your parents have to pay…I think if u can i would suggest you try to get some money in your bank like borrow a loan or something for this year (and repay it within this year…if u take a 1k loan and repay it with 100$ every month that can be done)…this loan you can show in you account and the problem is solved…or you can simply talk to the univ people and explain your case and you’d be surprised to see how helpful they will be…</p>
<p>I’d definitely ask the admissions officers. If you are paying your expenses out of your parents’ salaries, then I think you will need a statement from the employer(s) to prove the sums of money. But, again, contact your college as fast as you can; don’t listen to some strangers on a forum.</p>
<p>you won’t be able to transfer ur loan money in ur bank account…they send the money directly to the college…</p>
<p>I asked my international coord at Princeton when I had the same problem- and she said that because college doesn’t start til August and that you don’t need to pay in a lump sum- the college doesn’t expect you to have all the funds in a single bank account just sitting there. You’d probably want a original tax statement stating income from the previous years. Then a statement from the bank showing how much you have right now. And last but not least a copy of your finaid award letter.</p>
<p>That should be enough but you should always consult your intel coordinator just in case. :)</p>
<p>Really you don’t need anything in the bank. All you need do is fill in the other part that states contribution for parents’ annual income. I think in this case, your parent(s)’ signature is the most important; and as others have said, the school doesn’t expect everyone to have the amount needed all in the bank at this time. Yeah, Kjoodles is right.</p>
<p>but of course, as everyone has already suggested - consult your ISA:)</p>