Hello. If my parents were to pay for college from cash and not from their savings would my certification of finance need the signature of a bank official?
Do your parents have the equivalent of tens of thousands of U.S. dollars in cash and it’s not safe in a bank or financial institution?
And what are they going to do? Ship bags of U.S. dollars to the college?
One would think this is going to have to be done through a bank…or something.
Your parents will need some official proof that you actually HAVE the money to meet your expenses here. Proof.
Thanks for the response! Unfortunately, I live in the US and am here because of DACA. My parents and I obviously don’t have enough money to pay for college, but I got a full ride scholarship to some partner schools, which is why I’m applying. They say that in order for my application to be processed they need a certification of finances.
How are your parents living and meeting their day to day expenses?
Even if they are working it is better for their situation if they get a tax id number and file/pay taxes. With an ITIN, they would be able to open a bank account (Chase/Bank of America)?
You need to contact the full-ride place and ask why they are asking for a COF.