Any combination of funds is acceptable as long as you demonstrate that you can cover the full cost for one year. Please note that all costs are estimated for immigration purposes and subject to change. Your accurate cost of attendance will be reflected on your tuition bill. Only submit financial documentation once your source of funding has been finalized. Documents should only be submitted for sponsors that you want to appear on your I-20.
Any questions about funding can be directed to I-20@montclair.edu.
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 provide financial support documentation your name. The closing amount in the bank account must equal or exceed the amount you are sponsoring.
Family/Friends (Sponsor)
An Affidavit of Support must be completed 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 Support.
Montclair State University Funds
Please note the amount of confirmed scholarship or graduate assistantship funding on the affidavit. If the assistantship or scholarship does not cover the total cost listed in cost estimate, you must show proof of funding that covers the remaining expenses.
Graduate/Doctoral Assistantship
Graduate assistantships count toward financial support. Assistantships are offered for one year and are renewable later for another year (assistantships for doctoral students are renewable for a maximum of three years). You must indicate the amount of CONFIRMED assistantship funding in the affidavit and must upload other financial documentation that shows your ability to cover any remaining balance after deducting the award amount.
PLEASE NOTE: On-campus employment CANNOT count towards proof of funding.
Other Sources of Support (Employer, Government, etc.)
Employer:
- If you are receiving funding from an employer, please provide a letter (on official company letterhead) which states the amount awarded to you and the duration of support.
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 Support.
Government:
Education Loans
You must 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
- Indicate Montclair State University as the student’s institution
- 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 a the Affidavit of Free Room and Board. Free room and board reduces room and board expenses from the total amount indicated above for each program. 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. – submitted to your admissions portal along with the signed affidavit. Documents should be submitted under the “Application for Form I-20 or DS-2019/Affidavit of Support” label in the admissions portal.
NOTE: Incoming students CANNOT be sponsored by a current F-1 student from Montclair. We also do not accept affidavits of free room and board that are completed by other F-1 students.