Acceptable Proof of Funding
Please refer to the Financial Budget table to determine how much funding is required per quarter based on your program, degree level, and/or enrollment status.
- Proof of funding must cover the next three quarters (including summer quarter) in your academic program, even if the current program end date on your I-20 already captures this.
- If you are finishing your program in less than three quarters, you only need to provide proof of funding for the remaining one or two quarters.
- For the summer quarter, you only need to provide proof of funding for living expenses. * If the summer is your final quarter, you will need to provide proof of funding for living expenses as well as tuition.
- Proof of funding must cover the remainder of the program, from the end date of the current DS-2019 till the end date of the new DS-2019. This could be 6 years or more for PhD students.
If your extended stay at Stanford includes summer quarter, you must show proof of funding for living expenses for that quarter. If summer quarter is the final quarter of your extended stay, you must additionally, show proof of funding for tuition expenses.
Financial document requirements
- State name(s) of account owner(s)
- Date of document is no older than 6 months
- Account balance should be shown in U.S. dollars or include a conversion showing U.S. dollar equivalent of foreign currency. You may write this information on the bank statement or upload a separate sheet with this information
All assets must be liquid and available for withdraw at any time
Acceptable financial documents
- Student’s personal bank statement or letter from his/her financial institution
- Family member's bank statement or letter from their financial institution
- A letter of support from the family member signed and dated stating they are willing to sponsor the student is also required
- Undergraduate financial aid award letter
- Letter from department certifying the amount, type, and the duration of support on department letterhead
- A letter of support from a company/government/organization certifying the amount and duration on letterhead
Financial documents that are NOT acceptable
- Paystubs or statements verifying employment and/or salary
- Insurance premiums or policies
- Property or personal assets such as automobiles, land, buildings, jewelry, etc.
- Income tax returns
- The available balance on a credit card