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Financial Resources Statement For Issuance of Form I20 or DS2019 UMID # ___Uniqname ___SEVIS ID # N___ (if applicable)Name of Student ___ Last or Family Name First or Given Name 1. 2. 3. 4. 5. 6.#
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How to fill out financial resources statement for

01
Gather all relevant financial documents such as bank statements, pay stubs, tax returns, and investment statements.
02
List all sources of income including salaries, bonuses, investment income, and rental income.
03
Detail all monthly expenses such as rent/mortgage payments, utilities, groceries, insurance, and debt payments.
04
Compute total income and subtract total expenses to determine net income.
05
Include any additional information or disclosures as required by the specific financial institution or organization.

Who needs financial resources statement for?

01
Financial resources statement is needed for individuals applying for loans, mortgages, or any form of financial assistance.
02
It is also required for businesses seeking funding or investors, as well as for audits and financial assessments.
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A financial resources statement is used to disclose an individual's or entity's financial information, including assets, liabilities, and overall financial standing.
Typically, individuals or entities required to file financial resources statements include public officials, candidates for public office, and certain business entities, depending on regulatory requirements.
To fill out a financial resources statement, one must gather relevant financial documents, accurately report income, assets, liabilities, and other financial information as specified in the filing guidelines.
The purpose of a financial resources statement is to promote transparency and accountability regarding financial dealings, especially in public office and business activities.
Information that must be reported includes income sources, assets, liabilities, debts, and any financial interests that may present a conflict of interest.
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