Acceptable Proof of Funds Guide
Acceptable Proof of Funds
Personal funds:
- bank statements in your name showing balance of account (see below for criteria**)
- the sponsor's bank or other financial statements (see below for criteria**)
- letter(s) indicating the relationship between you and the sponsor(s), the amount of support and the length of support
- The letter must be:
- printed on OFFICIAL UT letterhead
- signed by the sponsoring department
- issued in the last 6 months
- state the amount, length and type of funding
- letter from an employer or another institution on OFFICIAL business letterhead including a signature showing amount and length of support
- salary statements are not accepted
- must indicate your name and the amount of approved loan
- conditional loan approvals may be accepted only if the condition is the receipt of your I-20 or DS-2019.
- loan applications are not accepted as proof of funding
- should be a single page document showing the criteria below. DO NOT submit long statements that include transaction history
- showing bank/financial statements from multiple accounts is acceptable
- indicate the financial institution's name
- indicate the account holder's name
- clearly show the account balance
- be dated within the past 6 months (older statements will not be accepted),
- be translated into English (especially names) unofficial translations are accepted
- clearly show the type of currency
- be from statements that show liquid assets that can be converted to cash
- Documents older than 6 months
- Income or salary statements (UT on-campus employment)
- Funds that are not immediately accessible
- Assets that are not in liquidated form (house, car, retirement, etc)
- Life insurance policy statements
- Pension funds
- Tax return forms or documents