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AFFIDAVIT OF FINANCIAL SUPPORT To obtain an I20, the applicant must submit documentation ensuring their ability to manage the education related expenses of the applicant and handle the living expenses

How to fill out affidavit of financial support

How to fill out an affidavit of financial support:

1. Obtain the affidavit form from the appropriate source, such as a government agency or legal website.
2. Review the instructions provided with the form to ensure that you understand the requirements and guidelines for completing it.
3. Begin by entering your personal information, such as your full name, address, and contact details, in the specified sections of the form.
4. Identify the person for whom you are providing financial support by entering their name, relationship to you, and any other relevant details requested.
5. Provide an accurate estimate of your annual income, including details of employment, investments, and other sources of revenue.
6. If applicable, include information about your assets, such as real estate, vehicles, or savings accounts, to demonstrate your financial stability.
7. Specify the duration of the support you are offering, whether it is for a specific time period or until the person reaches a certain milestone, such as completing their education.
8. Sign and date the affidavit, and ensure any required witnesses also sign and provide their contact details, as instructed.
9. Make copies of the completed affidavit for your records and any additional copies required by the relevant authorities.
10. Submit the completed affidavit according to the instructions provided, whether it is by mail, in person, or through an online portal.

Who needs an affidavit of financial support:

1. Individuals applying for a visa or immigration status may be required to provide an affidavit of financial support to demonstrate that they will have adequate financial resources during their stay.
2. Students applying for scholarships or financial aid may need an affidavit of financial support to prove their eligibility for funding.
3. Some legal or financial transactions, such as applying for a loan or renting a property, may require an affidavit of financial support to assure the other party that sufficient financial resources are available.
4. In certain legal cases, such as child custody disputes, an affidavit of financial support may be necessary to determine the financial responsibilities of each party.
5. It is prudent to have an affidavit of financial support on hand if you intend to financially support a family member or friend, as it can provide legal documentation of your commitment and help facilitate any necessary administrative processes.

For pdfFiller’s FAQs

What is affidavit of financial support?

Affidavit of financial support is a legal document that demonstrates that a person is financially capable of supporting another individual, typically an immigrant, during their stay in a country.

Who is required to file affidavit of financial support?

The person sponsoring an immigrant or a nonimmigrant visa applicant is required to file the affidavit of financial support.

How to fill out affidavit of financial support?

To fill out the affidavit of financial support, you need to provide accurate and detailed information about your financial resources, income, assets, and liabilities. It is recommended to consult the specific instructions provided by the relevant immigration or visa authority.

What is the purpose of affidavit of financial support?

The purpose of the affidavit of financial support is to ensure that the person being sponsored will not become a public charge and that they will have adequate financial support during their stay in the country.

What information must be reported on affidavit of financial support?

The affidavit of financial support typically requires reporting of information such as the sponsor's household size, income, assets, debts, and any dependents. The exact information required may vary depending on the immigration or visa application.

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