Certificate of Finances
U.S. laws require that universities not only confirm that students are academically eligible to attend, but also that students have sufficient financial support to live and study in the US during their program.
The Form I-20 Certificate of Eligibility is the school certifying that the student is both academically and financially prepared to attend the university. For this reason, anyone wanting to acquire F-1 or M-1 status MUST complete the Certificate of Finances.
The Certificate of Finances form demonstrates the student/sponsor understand what their estimated expenses are, that they have sufficient funds, and are willing to use the funds for the student's education.
There are two forms, you should complete ONLY the one appropriate for you:
No I-20 can be made without the completed Certificate of Finances and supporting bank documentation.