<p>Hi Everyone!</p>
<p>I just finished applying to some schools and only the University of Miami requires that I fill out a statement of financial responsibility.</p>
<p>My problem is that neither I nor my parents have money to pay $38,000 a year for graduate studies.</p>
<p>If my parents put down on the form that they have insufficient funds, will I be denied admission into U of Miami? </p>
<p>I can't apply for scholarships yet either, since in Canada, the equivalent of an NSF or NIH can only be given if you are already enrolled in graduate studies.</p>
<p>Anyone have any idea as to what I should do? Any advice?</p>
<p>Almost freaking out here.</p>
<p>I think, although someone can correct me, that you can’t get a student visa unless you can prove that you have some way to pay for college. I don’t think scholarships that may or may not happen qualify as having “sufficient funds” for your program. </p>
<p>How do you plan on paying for college if your family does not have the money?</p>
<p>Well this is what I’m asking.</p>
<p>Do i take out a student loan, demonstrate that as my finances available, then get a teaching or research assistantship that will pay my tuition for me, and then not cash in my student loan?</p>
<p>Most American grad students can’t pay for their own tuition, and most Canadians grad students at Canadian institutions can’t pay for their tution as well.</p>
<p>The other schools that I applied to did not require me to sign this form, so I don’t know what will happen there.</p>
<p>OK I think I figured it out: if I get accepted to the school, then I need to send in this information. If I’m offered a scholarship or assistantship, then I don’t need to worry about the finances. If the money being offered is too little, then I’ll have to supplement that with a loan or money from the family.</p>
<p>Does this make sense to anyone else?</p>
<p>^^^^ sounds about right.</p>
<p>Good luck with the applications!</p>
<p>Thanks! I hope I get in somewhere :D</p>