When applying for U.
A financial support letter for a family member is usually for attending college or other educational program.
Today, many students need to go into huge debt in order to attend college. There are other reasons a family member may require a letter of financial support such as for a visa. A financial support letter is a document that confirms that funding will be available for a person who may not be able to pay for something specific for him or herself.
Financial support letters are most often used to accompany a university application to prove that the applicant has funding available if he or she is admitted to a specific college or program.
A letter promising financial support usually needs to be accompanied by documentation from a bank to prove that the person giving the support has the financial ability to do so.
Other documents that may be required are a declaration and certification of finances for the full length and cost of the program or a signed letter of sponsorship that gives the details of amounts and the length of the sponsorship. The acceptable funding must usually be in liquid accounts such as checking and savings accounts, money market accounts or CDs.
The statements can be printed from an online banking site or scanned from hard copies. In most cases, non-liquid assets such as stocks, bonds and property deeds are not acceptable forms of proving financial support.
Opinion and solvency statements are also not acceptable. A letter of financial support needs to have the signature of the sponsor that shows authenticity. It must contain the dates the sponsorship is being given and the amount. The letter must be dated within one year of the program or starting semester.
Some tips for writing a financial support letter: Below is a sample letter of support for a family member that will accompany the application form for university. It is written in formal business-letter style. The required financial documents that are enclosed with the letter should be copies or printouts and not original documents.
All printouts and scans should be clearly legible.May 07, · Why A Support Letter? Although a visa support letter is not always found on the general lists of required documents for entry, it can prove .
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