Thread Closed  Post Thread 
 
Thread Rating:
  • 15 Votes - 3.67 Average
  • 1
  • 2
  • 3
  • 4
  • 5
The Definitive Guide to Visa Finances
Author Message
arpanghosh Offline
Edulix Frequent User
**


Posts: 19
Joined: Feb 2013
Unisearch: Link
Reputation: 0

Post: #221
RE: The Definitive Guide to Visa Finances

(03-26-2013 02:12 AM)pramod.natraj Wrote:  
(03-25-2013 03:57 PM)arpanghosh Wrote:  Hi,

I have just recieved I20 from ASU..There the amount mentioned is $39664 and the duration of studies as 36 months.. So my question is -->

Do I need to show 39664 X 3 = $118992 (which is impossible for me) or I can show 39664 X 2 = $79328.

Now As per my situation my Dad has a FD of $41000 & I am thinking about taking a loan of 20L INR($36971)...
Will it suffice for my VI..
Please help.....I wanna go to ASu... Pray

For visa show twice the i20 it should be enough, I think the course at ASU takes a maximum of 2 years you can explain this to the VO it should be fine.


Thank you thanks a lot.....


Thanks,
Arpan

All our dreams can be true,if we have the courage to pursue them....

My profile : http://www.edulix.com/unisearch/user.php?uid=184739
03-26-2013 03:58 AM
Find all posts by this user
anuragsodhi Offline
Edulix Active Member
***


Posts: 76
Joined: Feb 2009
Unisearch: Link
Reputation: 1

Post: #222
RE: The Definitive Guide to Visa Finances

my i-20 amount is 65k for the duke MEM (1 year course). Do I still need to show i-20*2 amount or a slightly higher than 65k would suffice?


03-27-2013 04:58 AM
Find all posts by this user
perplexed Offline
Finance/ Visa Master
********
Edulix Distinguished Contributor

Posts: 1,887
Joined: Sep 2010
Unisearch: Link
Reputation: 94

Post: #223
RE: The Definitive Guide to Visa Finances

(03-27-2013 04:58 AM)anuragsodhi Wrote:  my i-20 amount is 65k for the duke MEM (1 year course). Do I still need to show i-20*2 amount or a slightly higher than 65k would suffice?

If you show equal to 65k thats more than enough.


03-27-2013 12:01 PM
Find all posts by this user
Phocomo Offline
Edulix Senior Member
******


Posts: 235
Joined: Aug 2012
Unisearch: Link
Reputation: 10

Post: #224
RE: The Definitive Guide to Visa Finances



Does the I20 mentions what funds I have shown? Some universities declare late results, and I have to apply for a bank loan. So, if I ask someone to deposit 20 lacs in my account and I use that just for the issuance of I20. Meanwhile I would get my loan sanctioned as well, and then I attend the visa interview without the money I had shown for I20. Is this okay to do or it can land me in serious troubles? Please suggest.


Tag me to draw my attention and avoid PMs if possible as the answers to your questions may help others too.
03-27-2013 01:59 PM
Find all posts by this user
perplexed Offline
Finance/ Visa Master
********
Edulix Distinguished Contributor

Posts: 1,887
Joined: Sep 2010
Unisearch: Link
Reputation: 94

Post: #225
RE: The Definitive Guide to Visa Finances

(03-27-2013 01:59 PM)Phocomo Wrote:  @[pramod.natraj]

Does the I20 mentions what funds I have shown? Some universities declare late results, and I have to apply for a bank loan. So, if I ask someone to deposit 20 lacs in my account and I use that just for the issuance of I20. Meanwhile I would get my loan sanctioned as well, and then I attend the visa interview without the money I had shown for I20. Is this okay to do or it can land me in serious troubles? Please suggest.

Your i20 and Visa funds can be different. The funds you show for i20 may be printed on i20. So in any case be ready to answer why the funds changed.


03-28-2013 12:39 AM
Find all posts by this user
Phocomo Offline
Edulix Senior Member
******


Posts: 235
Joined: Aug 2012
Unisearch: Link
Reputation: 10

Post: #226
RE: The Definitive Guide to Visa Finances


thanks Smile
so in that case telling a VO that I did it just for the sake of getting I20 is as good as committing suicide??


Tag me to draw my attention and avoid PMs if possible as the answers to your questions may help others too.
(This post was last modified: 03-28-2013 12:47 AM by Phocomo.)
03-28-2013 12:44 AM
Find all posts by this user
perplexed Offline
Finance/ Visa Master
********
Edulix Distinguished Contributor

Posts: 1,887
Joined: Sep 2010
Unisearch: Link
Reputation: 94

Post: #227
RE: The Definitive Guide to Visa Finances

(03-28-2013 12:44 AM)Phocomo Wrote:  @[pramod.natraj]
thanks Smile
so in that case telling a VO that I did it just for the sake of getting I20 is as good as committing suicide??

Yes almost


03-28-2013 01:50 AM
Find all posts by this user
Phocomo Offline
Edulix Senior Member
******


Posts: 235
Joined: Aug 2012
Unisearch: Link
Reputation: 10

Post: #228
RE: The Definitive Guide to Visa Finances

^ thanks Smile


Tag me to draw my attention and avoid PMs if possible as the answers to your questions may help others too.
03-28-2013 01:53 AM
Find all posts by this user
Alfred Borden Offline
Edulix Frequent User
**


Posts: 13
Joined: Oct 2012
Unisearch: Link
Reputation: 0

Post: #229
RE: The Definitive Guide to Visa Finances

I've got an admit for MEngg at Cornell University for Fall 2013.

I hava little query regarding finances.

My uncle is willing to sponsor me for a part of the i20 amount. Is it better that my Dad takes a personal loan from him and transfer it into his account or do I state my Uncle as one of the sponsors?

04-04-2013 04:13 AM
Find all posts by this user
perplexed Offline
Finance/ Visa Master
********
Edulix Distinguished Contributor

Posts: 1,887
Joined: Sep 2010
Unisearch: Link
Reputation: 94

Post: #230
RE: The Definitive Guide to Visa Finances

(04-04-2013 04:13 AM)Alfred Borden Wrote:  I've got an admit for MEngg at Cornell University for Fall 2013.

I hava little query regarding finances.

My uncle is willing to sponsor me for a part of the i20 amount. Is it better that my Dad takes a personal loan from him and transfer it into his account or do I state my Uncle as one of the sponsors?

Add him as a sponsor it should not be a problem for i20. For Visa if you want to show your uncle as sponsor make sure you are ready with questions that may be asked pertaining to why uncle i sponsoring


04-04-2013 06:01 AM
Find all posts by this user
Thread Closed  Post Thread 


View a Printable Version
Send this Thread to a Friend
Subscribe to this thread
Forum Jump:
Powered By MyBB Copyright © 2002-2018 MyBB Group