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11300 NE 2nd Avenue, Miami, FL 33161 USA P: 305.899.3100 or 1.800.695.2279 F: 305.899.2971 grad admissions Barry.edu www.barry.edu Financial Affidavit of Support for International PACE Graduate Students

How to fill out financial affidavit of support

To fill out a financial affidavit of support, follow these steps:

1. Start by gathering all necessary documents, such as recent pay stubs, bank statements, and tax returns. These will help provide accurate information about your financial situation.
2. Begin the form with your personal information, including your name, address, and contact details. Make sure to correctly fill in all the required fields.
3. Specify the individual for whom you are providing financial support, such as a family member or relative. Provide their name, relationship to you, and other relevant details as prompted.
4. Next, enter your income information. This includes your employment details, such as your job title, employer's name, and monthly or yearly income. Additionally, you may need to disclose any other sources of income, such as rental properties or investments.
5. Proceed to disclose details about your assets, such as properties you own, vehicles you possess, and any valuable possessions. Include their current market value as accurately as possible.
6. If you have any debts or financial obligations, mention them in the appropriate section of the form. This could include loans, mortgages, or credit card debts. Include the outstanding balances and monthly payment amounts.
7. Be prepared to provide supporting documentation for your income, assets, and debts. It is advisable to make copies of all relevant documents and attach them to your completed affidavit.
8. Finally, review the completed financial affidavit of support thoroughly. Ensure that all the information provided is accurate, and make any necessary corrections before signing and dating the form.

Now, let's address the question of who needs a financial affidavit of support:

A financial affidavit of support is typically required in various legal and immigration processes. The most common scenario is when someone is sponsoring an immigrant or a non-citizen who requires financial support to reside or immigrate to a specific country.

The person who needs to submit the affidavit may be a family member, relative, or close associate who agrees to financially support the individual seeking sponsorship. The financial affidavit helps the authorities determine if the sponsor has the financial means to support the sponsored individual adequately.

It is important to note that the specific requirements and processes for a financial affidavit of support may vary depending on the country and the purpose of sponsorship. It is advisable to consult with an attorney or the relevant immigration authorities for accurate and up-to-date information in your specific situation.

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What is financial affidavit of support?

Financial affidavit of support is a legal document that shows the financial ability of an individual to provide financial support for another person.

Who is required to file financial affidavit of support?

Individuals who are sponsoring an immigrant or seeking financial assistance from the government may be required to file a financial affidavit of support.

How to fill out financial affidavit of support?

To fill out a financial affidavit of support, one must gather all relevant financial information and accurately report their income, assets, and expenses.

What is the purpose of financial affidavit of support?

The purpose of a financial affidavit of support is to ensure that the sponsored individual has the financial means to support themselves in the United States.

What information must be reported on financial affidavit of support?

Information such as income, assets, expenses, and financial liabilities must be reported on a financial affidavit of support.