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What should be the answer in a F1 visa interview, Iโ€™ve a bank statement of one month of my fatherโ€™s current account showing an amount of PKR 6.8crores (238,000$). If the visa officer asks that howโ€™s your father gonna support you for studies?

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Financial Assurance in F1 Visa Interviews: Articulating Support from a Substantial Current Account

Navigating F1 visa interviews can be tricky, especially when it comes to financial support. Here are some approaches you can consider for your situation:

  1. Explain the Source of Income:
  • Monthly Salary:ย If your father's income is primarily through salary, explain his profession and the nature of his employment. Mention that this is his regular monthly income and provide any relevant documents like salary slips or tax returns to support this.
  • Business/Investments:ย If the large sum comes from a business or investments, explain the nature of the business/investments and their income-generating potential. Provide documentation like business licenses, financial statements, or investment certificates to demonstrate the source and stability of the income.
  1. Address the Short-Term Statement:
  • Savings and Additional Funds:ย While one month's statement might not be ideal, mention if your father has additional savings or financial assets that can contribute to your education expenses.
  • Longer-Term Plan:ย Explain how your father plans to manage your education expenses over the entire duration of your studies. This could involve using savings, investments, or a combination of both. Provide evidence of these plans, such as bank statements showing additional funds or investment maturity dates.
  1. Highlight Other Financial Support:
  • Scholarships/Grants:ย If you have received any scholarships or grants for your studies, mention them as contributing factors to your financial support.
  • Personal Savings:ย If you have any personal savings or assets, highlight them as proof of your own financial commitment to your education.
  1. Demonstrate Financial Planning:
  • Estimated Costs and Budget:ย Share a detailed budget outlining your anticipated expenses for tuition, living, and other related costs for the entire study period. This shows careful planning and responsible use of funds.
  • Financial Guarantees:ย If your father has secured a loan or other financial guarantee to support your studies, provide documentation of this to demonstrate his commitment and ability to fulfill the expense.

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