Declaration and Certification of Finances Forum
- calicocat
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Declaration and Certification of Finances
Question for Canadian students studying in the States,
Being a Canadian citizen, I am not eligible for federal loans so I had to take out a private US loan. However, this loan only provides funds on a year by year basis and in order to process an I-20 and get a visa I need to prove funds for the full cost of attendance in my Declaration and Certification of Finances. I am wondering how this is possible to do when I can't take out the full loan. I am pretty sure that all private US loan companies have this policy but I am using CitiAssist.
Tyia
Being a Canadian citizen, I am not eligible for federal loans so I had to take out a private US loan. However, this loan only provides funds on a year by year basis and in order to process an I-20 and get a visa I need to prove funds for the full cost of attendance in my Declaration and Certification of Finances. I am wondering how this is possible to do when I can't take out the full loan. I am pretty sure that all private US loan companies have this policy but I am using CitiAssist.
Tyia
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Re: Declaration and Certification of Finances
I thought you only had to show proof for the full cost of the first year of attendance?calicocat wrote:Question for Canadian students studying in the States,
Being a Canadian citizen, I am not eligible for federal loans so I had to take out a private US loan. However, this loan only provides funds on a year by year basis and in order to process an I-20 and get a visa I need to prove funds for the full cost of attendance in my Declaration and Certification of Finances. I am wondering how this is possible to do when I can't take out the full loan. I am pretty sure that all private US loan companies have this policy but I am using CitiAssist.
Tyia
- calicocat
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- Joined: Wed Oct 28, 2009 1:29 pm
Re: Declaration and Certification of Finances
It's funny cause that's what I thought too but apparently not.blhoward2 wrote:I thought you only had to show proof for the full cost of the first year of attendance?calicocat wrote:Question for Canadian students studying in the States,
Being a Canadian citizen, I am not eligible for federal loans so I had to take out a private US loan. However, this loan only provides funds on a year by year basis and in order to process an I-20 and get a visa I need to prove funds for the full cost of attendance in my Declaration and Certification of Finances. I am wondering how this is possible to do when I can't take out the full loan. I am pretty sure that all private US loan companies have this policy but I am using CitiAssist.
Tyia
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- Joined: Fri Jul 17, 2009 2:07 am
Re: Declaration and Certification of Finances
Can you get a student visa for the first year only and then renew? A quick google search shows instructions for submitting an updated I-20 signed by the school and new financial info.calicocat wrote:It's funny cause that's what I thought too but apparently not.blhoward2 wrote:I thought you only had to show proof for the full cost of the first year of attendance?calicocat wrote:Question for Canadian students studying in the States,
Being a Canadian citizen, I am not eligible for federal loans so I had to take out a private US loan. However, this loan only provides funds on a year by year basis and in order to process an I-20 and get a visa I need to prove funds for the full cost of attendance in my Declaration and Certification of Finances. I am wondering how this is possible to do when I can't take out the full loan. I am pretty sure that all private US loan companies have this policy but I am using CitiAssist.
Tyia
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- Posts: 2992
- Joined: Fri Jul 17, 2009 2:07 am
Re: Declaration and Certification of Finances
--LinkRemoved--blhoward2 wrote:Can you get a student visa for the first year only and then renew? A quick google search shows instructions for submitting an updated I-20 signed by the school and new financial info.calicocat wrote:It's funny cause that's what I thought too but apparently not.blhoward2 wrote:I thought you only had to show proof for the full cost of the first year of attendance?calicocat wrote:Question for Canadian students studying in the States,
Being a Canadian citizen, I am not eligible for federal loans so I had to take out a private US loan. However, this loan only provides funds on a year by year basis and in order to process an I-20 and get a visa I need to prove funds for the full cost of attendance in my Declaration and Certification of Finances. I am wondering how this is possible to do when I can't take out the full loan. I am pretty sure that all private US loan companies have this policy but I am using CitiAssist.
Tyia
FWIW, Emerson says one year in their instructions. Is it possible the visa is only ever good for a year?
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- calicocat
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- YCrevolution
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Re: Declaration and Certification of Finances
I think this is her passive aggressive Canadian way of saying she doesn't want my help in particular...YCrevolution wrote:Usually at this point, I warn people not to bump until it falls off the first page.calicocat wrote:bump![]()
That said, I think the bigger problem is that most of us don't have a clue as to the answer. Have you tried the Financial Aid forum?