Any combination of funds is acceptable as long as you demonstrate that you can cover the full cost of your stay (does not include Disney College Program- Disney students please refer to your email for program cost).
Support Documentation Guidelines
- Must be dated within the last three months
- Must have the name of account owner clearly listed
- Must be in English (or translated into English)
- Must state the account type (i.e. savings, checking, etc.)
- Must state the type of currency
Unacceptable Documents
- We do not accept investments, real estate, insurance policies, or pension funds
- Income tax forms, pay stubs, W2 forms
- Letters/solvency certificates saying ‘enough’ or ‘sufficient’ funds are available, or that ‘the holder is capable of supporting the student’. The bank certification letter MUST state the amount available in the account.
Acceptable Documents:
Personal Funds
If you are self-sponsoring, you must complete and sign the Affidavit of Financial Resources (page 2 of the DS-2019 application), and provide financial support documentation under your name. The closing amount in the bank account must equal or exceed the amount you are sponsoring.
Family/Friends (Sponsor)
An Affidavit of Financial Resources must be completed and signed by each sponsor. Each sponsor who completes an affidavit must provide financial support documentation. The closing amount in the bank account must equal or exceed the amount promised on the affidavit.
Please note: If you are receiving funds from a business account (the bank account is listed under the business name, not an individual), you must provide the business registration, which states the name(s) of the business owner(s).The person who owns the business must complete and sign the Affidavit of Financial Resources.
Education Loans
If you use education loans, you must complete and sign the Affidavit of Financial Resources, and provide an official letter from credit institution indicating approval of loan and amount approved. This letter must include the following information:
- Period of time covered by the award
- The total amount of support for the given time period
Free Room and Board Support
A person who is giving you free room and board may also be considered a sponsor. This sponsor must submit the Affidavit of Free Room and Board. Free room and board reduces room and board expenses from the total amount listed at the full cost of your stay for your program of attendance. The affidavit of Free Room and Board will not be accepted if the place to live is too far from Montclair State University.
The sponsor must provide proof of residence in the form of a lease, utility bill, etc. along with the signed affidavit.