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Stating your Financial Position
In order to prove that you will be able to pay the fees at the college without working for one year. You need to give a financial certificate from the bank. If financial certificate cannot be obtained then the other option is to get a financial statement from a Chartered Accountant.
Here are the samples of Financial Certificate and Financial Statement
FINANCIAL CERTIFICATE
TO WHOMSOEVER IT MAY CONCERN
This is to certify that Mr. Ramesh Sharma , residing at #420, xth street, Vashi, New Mumbai, has a sum equivalent to US$ 25,000 in his saving bank account number 1954 and is capable to sponsor his son Mr. Ram Sharma, for a graduate study in Industrial / Manufacturing Engineering in the United States of America.
This certificate is issued at the request of Mr. Ramesh Sharma and without any liability on the part of the bank.
FOR PUNJAB NATIONAL BANK,
MANAGER
FINANCIAL STATEMENT
Date: 20th June ‘99
I, [Name of CA] Member of Institute of Charted Accountants of India, certify that I have reviewed the financial condition of Mr. Ramesh Sharma with the view of establishing his ability to pay for the educational expenses of his son, Mr. Ram Sharma, for a graduate degree in Industrial Engineering at XYZ University, which is estimated at U.S$18,491 per year.
STATEMENT OF ASSETS
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