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Financial Information

2023-2024 Academic Year

Before an I-20 Form (Certificate of Eligibility) can be issued or extended for study in the United States, students must furnish proof that they have available funds to cover one academic year of their study. Current students who are requesting an I-20 extension and only need one more semester to graduate may submit half of the total amount listed below.

The following are estimated costs and do not include travel or automobile expenses. Financial documentation must reflect the following expenses for the current academic year (8 months):

Full-Time Undergraduate Tuition and Fees  $33,424
Average Room And Board On-Campus (includes double room and 15 meals per week - off-campus housing is considerably higher) $12,676
Miscellaneous Expenses (books, personal and transportation)  $7,000
Total Expenses to be reflected in Financial Documentation  $53,100

Full-Time Graduate Tuition $10,982
Living Expenses $20,000
Other expenses (health care fee, books, and personal expenses) $6,340
Total Expenses to be reflected in the Financial Documentation $37,322
Note: If you plan to bring dependents to live with you, you must also certify funds of at least $5,000 per year for each dependent.

Financial Document Requirements:
  • The bank statement or letter you submit should reflect the availability of the amount stated above and should be in English, or accompanied by an English translation.
  • Documents must be dated in the past 6 months.
  • If you have financial aid such as a scholarship or grant from UT, submit a copy of your Financial Aid Award PDF (click here for instructions on how to view this in Workday).
  • If your financial documentation is from a sponsor such as parents/family/friend, your sponsor must also complete and sign an Affidavit of Support. The amount signed for on this form must at least match the above required amount.
  • If your financial documentation is from any sponsor other than parents/family, you must submit any letters outlining financial responsibilities:
    • A certified copy of the letter of award or loan approval must accompany any government/corporate scholarship or loans
  • Please carefully read the Acceptable Proof of Funds guide. Failure to submit acceptable documents will result in the delay or denial of your I-20 request.
  • Because of strict immigration limitations on employment, students should not plan on working as a source of income.
  • Payment must be remitted prior to each semester. The yearly cost of attendance should never be remitted in one sum.
We recommend you retain copies of any financial documentation you submit.