Can I be issued an I-20 based on providing financial support for one year of study?
No. All students must provide financial support for all years of study needed to complete a degree. That is two years for Masters or Associates degrees, five years for a Bachelors degree or six years for a Doctorate degree. Funds for the first year of study must be documented and available. Funds for subsequent years of study must be attainable as demonstrated by income from employment or investments. This typically occurs when a sponsor (family or friend) is involved. If using personal funds (meaning money that appears on documents in your name) for any part of support the student must have the personal funds for all years of study. For example, a doctoral student who states that he or she will use $10,000 of personal funds for support would have to have $10,000 x 6 ($60,000) in order to be issued an I-20. Personal funds can’t be earned, the student either has the funds or doesn’t.
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