Undergrad – Solvency
Showing Solvency – Spring 2024
In this step you are trying to prove solvency, which means show your assets and liquidity to justify you have the means to pay for up to a year of your living costs (or beyond). This is specified in the I-20. It’s a good idea to start gathering bank statements and a letter from your sponsor (example – your father) in order to be ready for both the university and for the Visa application.
Request a letter and show your assets!
Plan of Action
Start: July 01, 2023 | Complete: July 31, 2023
To setup your journey for success, follow the plan of action below. Do your best to follow the calendar dates indicated for maximum effectiveness.
July 1st to July 31st
Get documents reflecting your assets.
You will need documentation regarding your assets and your liquidity.
Your goal is to have all the proper documentation needed for university and Visa applications.
You’ve shown solvency through your documentation of assets. You will need to show this proof as part of the application process. Whew! With all that work behind you, you’re ready to submit your application.