<p>I am an international (British!) student getting ready to apply to USC this fall and I noticed on the USC website that they require a "Financial Guarantee Statement (Form 8a)" form proving USC is a viable financial option.</p>
<p>I fully understand this, but what confused me is that they require it when applying, rather then after acceptance when applying for a Visa. $50,000 is a lot of money and while I think my parents and I can come up with it before I leave for university, I'm not sure it's possible to gather the funds for the December 1st deadline.</p>
<p>Can anyone (possibly with international application experience) give any advice about this? Do they really need it when applying? Does it have to show sufficient funds in the bank account or maybe just proof that those funds could be obtained in time? (My parents own a few houses and would consider selling one...but probably not before December!)</p>
<p>Any comments would be greatly appreciated...its getting to exam time here in England now and I have enough to freak out about, let alone whether I'll be able to apply at all!</p>
<p>Perhaps your parents can talk to their banker about it. I think the form needs the bank to confirm that they have the means to pay for the tuition. Or if you have a grandparent who is willing to act as a temporary sponsor? Do your parents have a term deposit in that amount?<br>
It says that all forms have to be submitted before the application is considered complete.
Another suggestion is to email the admission counsellor and ask about this:
<a href=“https://camel2.usc.edu/admceebsearch/ugappfindcounselor.aspx[/url]”>https://camel2.usc.edu/admceebsearch/ugappfindcounselor.aspx</a></p>
<p>Hey. You don’t need to prove that you have the means to pay NOW, because you can still be awarded scholarships and whatnot. Basically, it is possible that your tuition and other costs will not reach a value as high as $50,000. Just send them a bank letter showing the amount stored on the bank account you will use to pay for college. Only after you get admitted will you need to prove that you can pay for at least one year of studies; otherwise, they won’t send you the I-20 form. Hope I could be of help, and good luck with your application.</p>