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hi iamp;#39;m robin stewart finance educator at bright horizons college coach and this week weamp;#39;re going to take a look at what u.s schools mean when they ask international students for a declaration of finances essentially all students are required to provide proof that they have sufficient funds to cover the cost of study at that institution so tuition fees living expenses and typically the school will ask for documentation for one yearamp;#39;s worth of available resources after youamp;#39;re accepted to a us university and your financial documentation is reviewed the school will issue you a form i-20 which is needed to apply for your student visa schools have strict guidelines about whatamp;#39;s considered acceptable financial documentation in this process some examples might be a letter from a bank a letter from a sponsor financial aid letters from the institution or letters from an employer some institutions will require that these documents be translated into english
