If you are considering applying to the NYU Office of Global Services (OGS), it is important to understand the financial support agreement that comes with your acceptance. The financial support agreement is a document that outlines your financial responsibilities while attending NYU as an international student.
In order to obtain an F-1 or J-1 student visa, you must provide proof of financial support to cover your tuition, fees, and living expenses for the duration of your program. This is where the financial support agreement comes into play. It serves as a way for NYU to ensure that you will have the necessary funds to cover your expenses while studying in the United States.
The financial support agreement requires you to provide documentation of your financial support, such as bank statements, scholarship letters, or sponsor letters. You must also maintain the required amount of funds in your account throughout your stay at NYU. The amount required varies depending on your program and living situation. For example, the minimum amount required for a full-time undergraduate student living on campus during the 2021-2022 academic year is $78,054.
It is important to note that the financial support agreement is a legally binding contract. By signing it, you are agreeing to comply with its terms and conditions. Failure to do so can result in termination of your enrollment at NYU and even deportation.
In addition to the financial support agreement, international students must also maintain their status by complying with immigration regulations. This includes attending classes full-time, reporting changes to your address or academic program, and obtaining proper authorization for employment or travel outside the United States.
Navigating the financial and legal aspects of studying as an international student can be challenging. However, the NYU Office of Global Services is available to assist you with any questions or concerns you may have. They offer resources and guidance on topics such as preparing for your visa interview, obtaining a Social Security number, and maintaining your status as an international student.
In conclusion, if you are considering studying at NYU as an international student, it is important to understand the financial support agreement. This document outlines your financial responsibilities and serves as a way for NYU to ensure that you have the necessary funds to cover your expenses while studying in the United States. By complying with the terms and conditions of the financial support agreement, you can successfully maintain your status as an international student at NYU.