<p>Hi,
I have a VERY important question regarding the Certification of Finances. </p>
<p>1) Why do they ask if I want to stay during summers in the US? It seems as if they want to know if I can pay that. But if I says now no, I am afraid that I will not be able to take courses for credit during summers if it is necessary. What are you doing?</p>
<p>Maybe you can also help me with the following questions:
2) "Does your government currently impose restrictions on exchange and release of funds for study in the US?"
3) "Do you have a source for emergency funds once you arrive in the US?"
What do they mean?</p>
<p>1) You can say, “I don’t expect to spend my summers in the US.” and then later change your mind and take summer classes. Nobody cares about the things that were stated on the Certification of Finances as long as your finances work out.</p>
<p>2) I can’t phrase it any better than it is already stated. Maybe an example would help: Are you free to transfer $20,000 or $50,000 or whatever amount of money you need from a bank account in your home country to an American bank account, or does your government put restrictions on the amount of money that you are allowed to transfer to the US?</p>
<p>3) Phrased differently: do you have access to more money than you need to pay for your college expenses? For example: If there’s a fire in your room, can you quickly get access to $2,000 to replace your essential belongings?</p>
<p>Many thanks for your answer! Sometime it really helps if someone is explaining the matter in his/her own words.<br>
Can the emergency fund also just be my own account (or the one of my parents)?</p>