International Aid Checklist

International Financial Documentation Requirement
You must demonstrate that you or your sponsor have available finances to meet the educational and living expenses while you are a student at Illinois Tech.

* Minimum dollar amount may vary based on any merit-based scholarships awarded.

To fulfill this requirement, you must: 

  • Complete the Financial Affidavit of Responsibility Form
  • Submit Proof of Funds which may be in the form of a bank letter bearing the bank’s seal and signature or a bank statement of financial transactions stating that funds are readily available.
     

It is important to remember the following things when submitting your Financial Affidavit of Responsibility form:

  • Acceptable sources of funding may include checking and savings accounts, loan letters, government sponsorship, fixed deposits, investment portfolio or stocks with liquid funds, bonds with a maturity date before the start of the semester, and business accounts (additional documentation of business registration). Unacceptable sources include salary verification letters, pay stubs, tax return forms, insurance policies and real estate or property holdings. Any financial document that does not show a currently available balance (liquid funds) will not be acceptable.
  • If you are submitting proof of financing in an account that is not in your own name, you will need to have your sponsor complete the Sponsor Certification Section of the Financial Affidavit of Responsibility form.
  • You may submit bank statements from two or more sponsors. However, each sponsor must complete the Sponsor Certification Section of the Financial Affidavit of Responsibility form.
  • The bank statement you provide must clearly show the currency of the funds in the account.
  • Your Financial Affidavit of Responsibility Form and Proof of Funds will can be uploaded within the ISSS Portal once you have received your admission decision and paid your enrollment deposit fee. Please note that this information is required to issue the Immigration and Customs Enforcement (ICE) form I-20 or DS-2019, which you will use to obtain an F1 or J-1 visa.
  • View First-Year Application Checklist
  • View Transfer Application Checklist