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Rackham Graduate School will close for the holidays at noon on Wednesday, December 24 and we will return Friday, January 2 at 8:00am.

Provide Evidence of Financial Support

How the Process Works

If you need an F-1 or J-1 visa, the University of Michigan is required by U.S. government regulations to obtain documentation proving that international applicants (non-U.S. Citizens) have adequate financial resources to provide for their expenses while in the United States.

The Rackham Graduate School will prepare the immigration document. If you are recommended for admission by your respective program and Rackham approves the admission, you will be notified by Rackham to submit the Affidavit of Financial Support for International Students along with the required financial documentation (i.e., bank statements). Each individual contributing financially to your education must complete the Affidavit of Financial Support for International Students. In case of jointly held accounts, each individual holder must complete an Affidavit of Financial Support for International Students.

Your financial information will be reviewed upon receipt. If the financial information meets our requirements and you have accepted your offer of admission, we will begin to prepare your immigration document using the U.S. Government SEVIS system. Please do not submit any financial information until requested to do so by Rackham. Financial documents and copies of immigration documents submitted before Rackham requests them are not acceptable. You will be able to review your immigration information and track the progress of your immigration document on the “View I-20 or DS-2019 Status” link on Wolverine Access.

Requesting an I-20 for an F-1 Visa

If you are requesting an I-20 for an F-1 visa you are required to submit evidence of the availability of $64,250 for your expenses for the first year only, and also indicate source(s) of funding for subsequent years. Subsequent years' funding is indicated by use of a checkbox on the Affidavit of Financial Support for International Students.

Complete the Affidavit of Financial Support for International Students which you obtain by logging into Wolverine Access and clicking the “View I-20 or DS-2019 Status” link. Select “Financial Documentation” in the “Document Upload” drop down list.

Upload as a PDF document:

  • The completed Affidavit of Financial Support for International Students
  • The required financial documentation (i.e., bank statements)
  • A copy of your passport (showing the picture, biographical information and expiration date)

If your offer of admission includes a Graduate Student Assistantship or Fellowship from the program that meets the financial requirements below, you will only need to upload a copy of your passport (showing the picture, biographical information and expiration date).

Transferring from a U.S. Institution

In addition to the steps outlined in Requesting an I-20 for a F-1 Visa, a transfer student needs to complete the University of Michigan Transfer-In Form which you obtain by logging into Wolverine Access and clicking the “View I-20 or DS-2019 Status” link. Select “Immigration Document Transfer” in the “Document Upload” drop down list. The Transfer-In Form is composed of two sections; Section A to be completed by you and Section B is to be completed by your current/previous International Student Advisor. Also, have your current/previous International Student Advisor release your SEVIS record to the University of Michigan. The University of Michigan cannot issue you the I-20 until your SEVIS record is released.

Upload as a PDF document:

  • The completed University of Michigan Transfer-In Form
  • Copy of your current I-20 (pages 1 & 3)
  • Copy of Form I-94 (print-out of electronic or copy of paper)
  • Copy of Visa

Requesting a DS-2019 for a J-1 Visa

If you are requesting a DS-2019 for a J-1 visa you must provide financial documents to cover expenses for the duration of your program. Use the estimated amounts below to calculate the total amount you need to certify and provide the required proof of funds. Over 50% of funding must come from sources other than personal funds.

Complete the Affidavit of Financial Support for International Students which you obtain by logging into Wolverine Access and clicking the “View I-20 or DS-2019 Status” link. Select “Financial Documentation” in the “Document Upload” drop down list.

Upload as a PDF document:

  • The completed Affidavit of Financial Support for International Students
  • The required financial documentation (i.e., bank statements)
  • A copy of your passport (showing the picture, biographical information and expiration date)

If your offer of admission includes a Graduate Student Assistantship or Fellowship from the program that meets the financial requirements below, you will only need to upload a copy of your passport (showing the picture, biographical information and expiration date).

Transferring from a U.S. Institution

In addition to the steps outlined in Requesting a DS-2019 for a J-1 Visa, a transfer student needs to complete the University of Michigan Transfer-In Form which you obtain by logging into Wolverine Access and click the “View I-20 or DS-2019 Status” link. Select “Immigration Document Transfer” in the “Document Upload” drop down list. The Transfer-In Form is composed of two sections; Section A to be completed by you and Section B is to be completed by your current/previous International Student Advisor. Also, have your current/previous International Student Advisor release your SEVIS record to the University of Michigan. The University of Michigan cannot issue you the DS-2019 until your SEVIS record is released.

Upload as a PDF document:

  • The completed University of Michigan Transfer-In Form
  • Copy of your current DS-2019 (page 1)
  • Copy of Form I-94 (print-out of electronic or copy of paper)
  • Copy of Visa

Deadlines for Submission of Financial Documents

The deadlines for submission of financial documents are May 15 for the fall and summer terms and November 15 for the winter term. If documents are not received by these dates, we will begin withdrawing offers of admission. You must include a copy of your current passport when providing your financial documents. Immigration documents will not be prepared without a copy of the passports.

Estimated Student Expenses

Tuition and fees are subject to change at any time as approved by the Board of Regents. You should plan for an annual increase of 5% to 10% of all costs.

Estimated Student Expenses 2015-2016
(Fall 2015 and Winter 2016 terms only - September 2015 through April 2016)
Tuition and Fees for one academic year$42,449
Living Expenses (housing, food, utilities, transportation, personal items - 12 months)$19,200
Books and supplies (Fall and Winter terms only)$1,200
Mandatory Health Insurance (12 months)$1,401
Total Estimated Expenses$64,250

Documentation of Funds

Acceptable Documentation of Funds

The following may be used as documentation of funds:

  • Official dated bank statement with name of account holder indicated.
  • All accounts must be easily accessible and liquid assets.
  • All documents must be in English. Otherwise, an official English translation must accompany the original.
  • All supporting documentation must be dated within one year of initial enrollment. If you are in the U.S., you must provide a current bank statement.
  • Letters of sponsorship must include exact dollar amount of support (in U.S. dollars) and dates of sponsorship. This letter must be on official letterhead and include the dates of sponsorship. The letter must be dated within one year of initial enrollment.

Unacceptable Documentation of Funds

The following may not be used as documentation of funds:

  • Statements verifying employment and salary
  • Insurance premiums and policies
  • Property or personal assets (automobiles, land, buildings, jewelry, etc.)
  • Non-liquid assets such as stocks, bonds, equities, retirement accounts
  • Income tax returns
  • Attestations stating only that a sponsor can meet the expenses

Documents Become the Property of the University of Michigan

All documents submitted for issuing the immigration document become the property of the University of Michigan.