International students who are or will be in F-1 visa status are required to show proof of adequate funding for at least one year before an I-20 form can be issued. Financial requirements are calculated on the basis of tuition and fees (for two semesters), living and miscellaneous expenses ($1,000/month). An additional $ 4,000 will be added for accompanying spouses and each child. Students must submit the Financial Certification Form along with appropriate attachments.
The following documents are accepted as financial certification:
A current (less than six months old) bank statement or certification from other legal financial institution, along with an official letter (affidavit of support) from the sponsor. The letter should include the student’s name, sponsor’s name, his/her relationship to the student (parent, sister, friend, etc.), the amount of support and the time period for which it will be provided, and a stated willingness to cover the student’s expenses.
Written confirmation from the sponsoring institution of a scholarship, fellowship, assistantship or other type of funding. For assistantship, a copy of the assistantship agreement signed by the department is required.
In case of personal funds, a bank statement or statement from any legal financial institution that includes the student’s name, and the amount available. Please note that photocopies and statements older than six months are not acceptable.
Financial certifications have to reach the University by the posted deadline, which is usually October 15 for the Spring semester and May 15 for the Fall semester. If you have questions about the availability of assistantships, please contact the director of student.
If you need further information about Oikos’s tuition and fees, please contact the Business Office.
