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Statement of Financial Support Metropolitan College of New York Office of Admission 431 Canal St. New York, NY 10013 49224 U.S.A. www.mcny.edu Instructions for the Statement of Financial Support for
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How to fill out a statement of financial support:

01
Gather all necessary information: Before filling out the statement, gather all the relevant information such as your financial records, income statements, bank statements, and any other supporting documents that may be required.
02
Provide personal details: Begin by providing your personal information such as your full name, contact details, and any identification numbers that may be required.
03
Detail your sources of income: Specify the sources of your income, whether it's from employment, business, investments, or any other means. Include the name of your employer or business, as well as the amount and frequency of your income.
04
List your expenses: Provide a breakdown of your monthly expenses, including rent/mortgage, utilities, transportation, groceries, healthcare, education, and any other regular expenditures. Be as accurate and specific as possible.
05
Declare your assets: Disclose any assets you own, such as properties, vehicles, jewelry, stocks, or savings accounts. Provide an approximate value for each asset and mention if it is jointly owned or solely under your name.
06
Mention any liabilities: If you have any outstanding debts or liabilities, such as loans, credit card debt, or mortgages, disclose them in this section. Include the outstanding balance, monthly payment, and the financial institution or creditor that you owe.
07
Explain any unusual financial circumstances: If there are any factors that might affect your financial situation, such as medical expenses, alimony, child support, or other special circumstances, mention them and provide supporting documentation if required.

Who needs a statement of financial support?

01
Students: Many educational institutions require international students to provide a statement of financial support to demonstrate their ability to cover the cost of tuition, living expenses, and other related costs during their study period.
02
Visa applicants: Individuals applying for certain types of visas, such as spousal visas or immigrant visas, may be required to submit a statement of financial support to demonstrate that they can support themselves or their dependents financially while in the new country.
03
Sponsored individuals: Individuals who are being sponsored by someone else, whether for education, employment, or any other purpose, may need to provide a statement of financial support to assure the sponsor and relevant authorities that their financial needs will be met.
04
Immigrants: Some countries may require immigrants to provide a statement of financial support as part of their immigration application process, to ensure that they will not become a burden on the country's welfare system.
It's essential to note that the specific requirements and regulations may vary depending on the institution, visa category, or country. Therefore, it's crucial to check the guidelines provided by the relevant authority or consult with an immigration advisor to ensure compliance.
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The statement of financial support is a document outlining an individual's or organization's financial resources and ability to provide financial assistance.
Individuals or organizations who are providing financial support to another individual or entity may be required to file a statement of financial support.
To fill out a statement of financial support, one must provide detailed information about their financial resources, income, assets, and other relevant financial information.
The purpose of a statement of financial support is to document and verify an individual's or organization's ability to provide financial assistance as requested.
Information such as income, assets, expenses, and other financial details must be reported on a statement of financial support.
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