Skip to main content

Financial Documentation for Personal Funding

The US Department of State which grants universities the ability to issue J-1 visas requires that financial documents demonstrate sufficient funds to support participation for the duration of the program with Santa Clara University.

Financial documentation must:

  1. Be in English
  2. Be official, i.e., bank statements, official bank letters on bank letterhead with a stamp/seal and bank officer’s signature, certificates of deposit
  3. Be issued by the bank that holds the source of funds
  4. Demonstrate funds equal to or greater than the the minimum total Estimated Expenses for the duration of your program including the estimated expenses for any dependents.
  5. Include an issue date that is within three months of when your DS-2019 request form is received by the Global Engagement Office
  6. Include a unique account number
  7. Include the account holder's name
  8. Be from a source of liquid assets including:
    1. Savings accounts without a maturity/expiration date
    2. Checking accounts
    3. Fixed deposits
    4. Certificates of deposit with a maturity/expiration date prior to the start date of your academic program
  9. Liquid assets do not include:
    1. Certificates of deposit with a maturity/expiration date after the start date of your academic program or with a statement that funds may not be withdrawn on a date that is prior to the start date of your program
    1. Stock, equity or mutual fund accounts
    1. Retirement accounts such as IRA’s, 401K’s, PPF’s
    1. Official letters stating one’s salary
  10. Include an Affidavit Of Support if your name is not listed on the financial documentation as an account holder