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Guidelines for J-1 visiting scholars at the Illinois Institute of Technology to provide acceptable financial documentation needed to process their requests for support during their research stay.
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How to fill out Financial Document Guidelines — J-1 Visiting Scholars

01
Gather all necessary financial information, including funding sources and amounts.
02
Complete the financial document form by entering your name, program start and end dates, and institution details.
03
List each funding source separately, specifying the amount provided by each.
04
Ensure that all amounts are in US dollars and verify the total funding matches the expected expenses.
05
Obtain signatures and dates from the relevant financial sponsor(s) and your program coordinator or advisor.
06
Submit the completed form along with any required supporting documents by the specified deadline.

Who needs Financial Document Guidelines — J-1 Visiting Scholars?

01
International scholars applying for a J-1 visa who are required to demonstrate sufficient financial support for their program.
02
Academic institutions sponsoring visiting scholars to ensure compliance with visa requirements.
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J-1 visitors have to document that they have monthly financial support of at least $1,200 per month for the duration of their program. The first J-2 dependent has to have at least $500 per month in support, and each additional dependent needs to have at least $300 per month.
Required Minimum Funding Please be aware that the minimum funding required per year is the following: $28,000 for J-1 Scholar ($2,333/month) $14,000 for spouse ($1,167/month) $7,000 per child ($583/month)
International scholars who are applying for J-1 Exchange Visitor visas must comply with U.S. State Department requirements to demonstrate English language proficiency that is sufficient: 1) to participate successfully in their exchange programs; and 2) to function on a day-to-day basis in the United States.
J-1 Visa Documents: A Checklist DS-2019 Certificate of Eligibility. DS-7002 Training/Internship Placement Plan. DS-160 Online Nonimmigrant Visa Electronic Application. A Valid Passport. Recently Taken Photograph. Evidence of Ties to Your Home Country. Demonstrate Financial Ability to Pay.
Q) How much bank balance is required for a US student visa? The required bank balance varies based on the institution and program, but it should cover tuition, living expenses, and insurance. Typically, it ranges from $30,000 to $60,000 annually.
What to submit for Proof of Funding Requirement. If funded by outside organization or your home government: Letter which outlines funding amount and the duration of funding. If self-funded: Bank statement* or letter from the bank in the visitor's name or a parent's name. Please provide your bank with this sample letter
Understanding the Financial Requirements for J-1 Visa Some places have guidelines for around $2,400 per month for the J-1, plus about $600 more each month for every J-2 dependent. Others might say around $1,200 a month for you, $500 more for a spouse, and $250 for each child.
The minimum bank balance for US visa (F1) depends on the university's estimated cost. It usually falls between ₹30-50 lakhs ($35,000-$60,000). This includes tuition, living costs, insurance, and miscellaneous expenses. You must provide financial documents proving sufficient funds before the visa interview.

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The Financial Document Guidelines for J-1 Visiting Scholars outline the necessary financial requirements and documentation needed for individuals applying for the J-1 visa to ensure they have sufficient funds to support their stay in the United States.
Individuals applying for the J-1 Visiting Scholar program are required to file these guidelines. This includes researchers, professors, and other academics seeking to engage in programs under the J-1 visa.
To fill out the Financial Document Guidelines, applicants must provide accurate financial information, including sources of funding, bank statements or financial sponsorship letters, and any other relevant financial documentation that demonstrates the ability to cover living expenses while in the United States.
The purpose of the Financial Document Guidelines is to verify that J-1 Visiting Scholars have adequate financial backing to support themselves during their stay, thereby ensuring they can fulfill the objectives of their program without financial hardship.
Financial Document Guidelines must report detailed information regarding the applicant's financial resources, including bank balances, scholarship amounts, sponsorship details, and any anticipated income or financial support during their J-1 program.
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