Financial Guarantee Information

The Financial Guarantee is a financial statement proving that you, your parents, your guardians, your lender, and/or your benefactors have enough money to cover the first year of expenses.

• Living expenses means the cost of Tuition and Fees, as well as estimates for Living Expenses, Insurance, Textbooks, etc.
• This is submitted as a screenshot or scan of the financial statement(s) showing the current total amount and the date. Evidence of financial ability includes but is not limited to: family bank statements, documentation from a sponsor, financial aid letters, scholarship letters, etc.
• If you are submitting a bank statement, it can be in your local currency, so long as it is equivalent to the required USD amount. Also, this document must be issued no more than 6 months from when you submit your application.
• You are allowed to submit multiple bank statements from different accounts, but if they are not yours or your immediate family’s, you must submit a Letter of Sponsorship (Sample Financial Sponsor Letter) along with it. 

Here is some information from the US Government about the Financial Guarantee:
https://studyinthestates.dhs.gov/students/financial-ability#:~:text=A%20prospective%20student%20must%20have,Documentation%20from%20a%20sponsor.