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  1. #1

    Default VERY URGENT!!! How to show the financial resources for the first year?

    Hi,
    I am going for the Master’s program in English (unfunded) at WSU. The duration is of 36 months and expenses for 1 year are US$ 28,494.00 (as mentioned in my I-20). My question is that: is it necessary to show the amount needed for the first year as savings bank balance only? I have quite a few FDs in my balance sheet, which are to be matured in mid June (while I am going for the VI in the last week of June), and some will mature in July. So can’t I show these FDs as my financial resources for the first year?

  2. #2
    Join Date
    Apr 2008
    Location
    Alien from Mars
    Posts
    11,350

    Default

    Yes, it can be included in your financial source. It need not be in the savings account only. The CA statement can include all cash items available to you. Also note that showing finances just for the first year may not help in getting the visa. You need to have proper ties to family and have more funding available.

    I am not a lawyer and you need to consult with one to validate any info posted on the forum and discuss your case specifics. H1b Question? Read the FAQ first.http://www.immihelp.com/visas/h1b/h1-visa-faq.html

  3. #3

    Default Thanks

    Quote Originally Posted by txh1b
    Yes, it can be included in your financial source. It need not be in the savings account only. The CA statement can include all cash items available to you. Also note that showing finances just for the first year may not help in getting the visa. You need to have proper ties to family and have more funding available.
    Thanks for ur reply.
    Yes I have liquid cash more than what is necessary for the entire program (36 months). I was just worried about the form of showing it (FD or SB).
    Thanks.

  4. #4

    Default

    your FAFSA should take care of the money matters for school i imagine.

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