International Certification of Finances

<p>In this question:</p>

<ol>
<li>What are the sources and amounts of support available to you during the summer?</li>
</ol>

<p>Can I put "Internship/part time job" as the source and expected income in "Amount"?</p>

<p>Also, I need full-ride aid, so I am putting small amounts like my family will be able to pay $1000 per year. Because I expect the college to pay for it.</p>

<p>What colleges require you to submit the cert of finances with your app? </p>

<p>@saus2019‌ Stanford does.</p>

<p>Are you confident that you will receive full ride aid from Stanford? The reason I ask is because my recollection is that the form you are talking about asks about your support level for the current year (ie how much you can get from your parents, from savings, etc.) and there might be a problem if you don’t have enough money to survive before considering international aid. Hopefully that’s all been worked out though. </p>

<p>As far as that line item, yes I believe the sources can include a summer job/internship. This is a job that you already have lined up, right?</p>

<p>@DmitriR‌ No, I am hoping that I’ll get a job in the US.
And what’s the point of need-based aid when you have to show that you can fund your studies? Stanford says that families earning less than a certain amount per year pay $0.</p>

<p>The biggest problem is getting admitted. Once someone is admitted, Stanford meets 100% of their demonstrated need. That means if my family is poor then they pay for everything. True for US citizens and internationals. </p>

<p>However, the US Government made this certification of finances mandatory in the recent years after the recession. From the form’s instructions, it looks like the form is to be used to OBTAIN A VISA.
Stanford will attach another form in which they’ll enter his much aid they are giving. And these two forms will be used to obtain the student visa.</p>

<p>So, even if my family can only pay $500 per year, the embassy will look at the other form which is attached by the college and see that I am getting funded by the college and hence issue me the visa.</p>

<p>This is my understanding. Am I right?</p>

<p>I’m not sure really, if I’m wrong then what’s the point of aid then?</p>

<p>Doesn’t make sense to me at all.</p>

<p>Are you an international student? Can you connect me to an international student who has already gone through this process?</p>

<p>Your sources of income can only include things you already have or are guaranteed to have. You can include approved loans, already awarded financial aid, and money your family has in the bank to support you. </p>

<p>You cannot include hoped for future income unless you can prove that the job is yours and the money already guaranteed.</p>

<p>Also, your ability to work in the U.S. while here on a student visa is very limited.</p>

<p>And lastly, there are very few “free rides”. Even Stanford expects a student contribution.</p>

<p>@thumper1 I understand. In fact, I know that favorable chances are less than 0.5% for free ride.</p>

<p>Of course, my parents CAN pay for stuff like transportation to the US. Some pocket money, etc.</p>

<p>What will happen if I leave some of those out? Will my visa be rejected?</p>

<p>I am also required to submit the CSS Profile, in which I have written the income of my family. It is very low and there is no way I can attend without full aid.</p>

<p>Also, If I specify that I have $1000, will I have to pay that much even if they provide full aid?</p>

<p>What are your stats? Is a full ride where you pay less than $1000 in the realm of possibility?</p>

<p>I hope you have other choices that are more guaranteed in terms of acceptance!</p>

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<p>Are you very sure about that? The reason I am asking is not because I think that you are wrong but because I saw this on Stanford’s page under international student aid:</p>

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<p>My concern is that there is a chance that Stanford may either reject you or give you less aid than you think you need. Based on the way you described your situation earlier, I get the feeling that you believe that the amount that you put on the form that your family can contribute will be the maximum that a college can ask you to contribute. I just want to warn you that Stanford – and all colleges – will review your family’s financial information thoroughly and compute how much aid they think that you need and this amount will not necessarily have any relationship to what you say your family can give. </p>

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<p>That makes sense, but here is the thing – are you applying for the Visa before or after you receive your aid letter from Stanford? If you have not yet been affected to Stanford, does it really make sense for the US government to just take your word for it that Stanford will A) admit you and B) Grant you enough aid to cover all of your living and educational expenses for a year? </p>

<p>I really do recommend checking with the International Student section of this forum (or just hang out here for one of the many knowledgeable people who have been on this process before) to stop by. My understanding was that you could not include projections and estimates of how much aid some Ivy League school might theoretically give you on the certification of finances because there is no guarantee yet.</p>

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<p>Read the above VERY carefully. Stanford is need aware for international students.,this means that your ability to pay WILL be considered when your application for admission is considered by this school. They clearly state that they offer financial aid to “just a small number of international students each year”. This is because most of the international students they admit are paying the full cost to attend Stanford. Only a small number of international students with financial need are actually admitted.</p>

<p>Sure…apply to Stanford. But realize that getting admitted is a HUGE longshot for even the strongest student. It’s an even longer shot for an international student with significant financial need.</p>

<p>Is it possible to apply for state sponsorship for education abroad? I believe some international students are sponsored by scholarships from their country.</p>

<p>Others say that the scholarships are only available to the top xx students in the country, and next-to-impossible to attain, apparently not realizing that competition for a national scholarship + acceptance at a US elite school as full-pay, while seeming incredibly improbable, may be more probable than acceptance at an elite US university with a financial aid package.</p>

<p>Just know that acceptance to Stanford for a US student is considered next-to-impossible to attain, as well, so everyone feels like they are in the same boat.</p>

<p>Yes…but U.S citizens and permanent residents have need blind admissions to Stanford. In other words, their ability to pay is NOT considered when their application for admission is reviewed. I know…still highly competitive…but even MORE competitive for international students who need aid to attend.</p>

<p>That’s very true @thumper1‌ . I am also concerned about the fact that he is relying on projected aid from Stanford to support his application for a student visa in the context of the Certificate of Finances. If he is not accepted to Stanford, what happens to his F1 application??? All he will have on it are the $1000 he put as his parent’s contribution and if that’s the case the government may not believe that a college student can live alone in America on $1000 a year.</p>

<p>He won’t get a visa to study here unless he can demonstrate that he has approved miney already in place to cover ALL of his costs to live here and go to college. Potential aid IF he gets accepted at Stanford will not count…not until the aid is actually awarded. </p>

<p>Thanks for your help.
I know that Stanford is need aware for us. Getting aid from Stanford is a HUGR longshot like less than 0.5%. I understand this.</p>

<p>I contacted the admission officer of Stanford about the certificate of finances issue and they said I am supposed to put what funds are available. </p>

<p>THIS FORM WILL NOT be submitted for visa if I am rejected. This form is not a separate thing. If and only if I’m accepted will this form be sent to the embassy WITH the financial aid papers. So, there is no problem :)</p>