I-20 Funding

To receive your I-20, you must demonstrate sufficient resources to cover the estimated cost of attendance for one academic year, including:

• Tuition and fees
• Living Expenses
• Health Insurance

Minimum Financial Support Amounts

Amounts are reviewed annually and are typically updated each July.

Financial Documentation Requirements

Acceptable Financial Support Documents

Bank or Credit Union Statements and Letters

Documents Must:

• Be from a personal or family checking, savings, or money market account
• Be on official bank or credit union letterhead
• Include:
  • Date issued
  • Type of account
  • Currency
  • Account holder name

Secondary Criteria (One or More Preferred Supporting Elements)

Documents should include a combination of the following:

• Account holder address
• Financial institution name
• Financial institution address

All bank letters must be signed by a bank or credit union official.

Certificates of Deposit (CDs) and Fixed Deposits

Documents must:

• Show available cash value
• Indicate the funds can be withdrawn

Fixed-Term Certificates of Deposit and Bonds

Documents must:

• Mature or become available on or before the program start date

Certified Educational Loans and Private Student Loans

Documents must:

• Be fully approved and not conditional
• Be available by the program start date

If loan requires course enrollment, ISS may temporarily remove the ISS registration hold to allow enrollment. All other registration holds remain in place and must be resolved with the issuing office. Additional information about private student loans can be found here.

Scholarship Awards and Financial Guarantees

Documents must:

• Not be conditional
• Be available by the program start date

Secondary Criteria (When Applicable)

Documents should:

• Match the student’s program of study
• Match the student’s passport number listed on the document

Examples of Unacceptable Financial Support Documents