Proof of Funding
For certain ISSS applications, F-1 and J-1 students must submit a Proof of Funding Worksheet along with supporting financial documentation as evidence that they can pay for their educational and living expenses, just as they had to provide Admissions with similar proof in order to receive their initial I-20 or DS-2019.
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Acceptable Financial Documents
Only the following document types will be accepted as Proof of Finances:
- Bank Letter
- Bank Statement
- Certificate of Deposit Statement (maturity date MUST be prior to the start of the admitted term)
- Line of Credit Letter
- Official Award Letter
- Sponsorship Letter and Bank Statement from business
- Loan Approval Letter
- GA Offer Letter
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Funding Source Documentation Requirements:
- Only acceptable forms of documentation are permitted.
- All sources must be readily available funds. Frozen accounts or credit cards will NOT be accepted.
- Funds can be in any valid currency.
- All letters must be printed on official letterhead from the institution/agency issuing the document and signed.
- All documentation must be dated within 3 months of the date this form is submitted to ISSS.
- Documents can be scanned/imaged originals.
- If documentation is not in English, an official English translation must also be attached.
Estimating Your Expenses
The estimated expenses that appear below are meant to represent an AVERAGE cost for an international student enrolled full-time. Your specific personal circumstances will not be taken into account when determining this amount. The proof of finances you must show is based upon the expenses for the average student and NOT on your specific number of credits, housing costs, etc.
J-1 students, please reference the J-1 Proof of Finances form for full details.
Graduate Student
Average expenses are calculated based upon the most current academic year Cost of Attendance Tables established by the ISU Financial Aid Office and the most current Tuition Rate Tables published by Student Accounts.
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Fall and Spring (Two Semesters)
Breakdown of Expenses
Expense Amount Tuition and Fees $18,479 Room and Board $12,522 Other Expenses $8,168 Total $39,169 -
Fall or Spring (One Semester)
Breakdown of Expenses
Expense Amount Tuition and Fees $9,239 Room and Board $6,261 Other Expenses $4,084 Total $19,584 -
Fall/Spring Plus Summer
Breakdown of Expenses
Expense Amount Tuition and Fees $15,423 Room and Board $10,435 Other Expenses $6,807 Total $32,665 -
Summer Only
Breakdown of Expenses
Expense Amount Tuition and Fees $6,184 Room and Board $4,174 Other Expenses $2,723 Total $13,081 -
Fall and Spring Plus Summer
Breakdown of Expenses
Expense Amount Tuition and Fees $24,662 Room and Board $16,696 Other Expenses $10,891 Total $52,249
Undergraduate Living On-Campus
Average expenses are calculated based on the most current academic year Cost of Attendance tables established by the ISU Financial Aid Office and the most current Tuition Rate Tables published by Student Accounts.
*Use this amount if you are in the College of Business, Mennonite College of Nursing, Computer Science, or Cyber Security.
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Fall and Spring (Two Semesters)
Breakdown of Expenses
All Other Programs
Expense Amount Tuition and Fees $22,688 Room and Board $12,382 Other Expenses $6,704 Total $41,774 Programs with Differential Tuition
Expense Amount* Tuition and Fees $25,584 Room and Board $12,382 Other Expenses $6,704 Total $44,670 -
Fall or Spring (One Semester)
Breakdown of Expenses
All Other Programs
Expense Amount Tuition and Fees $11,344 Room and Board $6,191 Other Expenses $3,352 Total $20,887 Programs with Differential Tuition
Expense Amount* Tuition and Fees $12,792 Room and Board $6,191 Other Expenses $3,352 Total $22,335 -
Fall/Spring Plus Summer
Breakdown of Expenses
All Other Programs
Expense Amount Tuition and Fees $17,088 Room and Board $10,318 Other Expenses $5,587 Total $32,993 Programs with Differential Tuition
Expense Amount* Tuition and Fees $19,260 Room and Board $10,318 Other Expenses $5,587 Total $35,165 -
Summer Only
Breakdown of Expenses
All Other Programs
Expense Amount Tuition and Fees $5,744 Room and Board $4,127 Other Expenses $2,235 Total $12,106 Programs with Differential Tuition
Expense Amount* Tuition and Fees $6,468 Room and Board $4,127 Other Expenses $2,235 Total $12,830 -
Fall and Spring Plus Summer
Breakdown of Expenses
All Other Programs
Expense Amount Tuition and Fees $28,432 Room and Board $16,509 Other Expenses $8,939 Total $53,880 Programs with Differential Tuition
Expense Amount* Tuition and Fees $32,052 Room and Board $16,509 Other Expenses $8,939 Total $57,500
Undergraduate Living Off-Campus
Average expenses are calculated based on the most current academic year Cost of Attendance tables established by the ISU Financial Aid Office and the most current Tuition Rate Tables published by Student Accounts.
*Use this amount if you are in the College of Business, Mennonite College of Nursing, Computer Science, or Cyber Security.
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Fall and Spring (Two Semesters)
Breakdown of Expenses
All Other Programs
Expense Amount Tuition and Fees $22,688 Room and Board $12,522 Other Expenses $8,168 Total $43,378 Programs with Differential Tuition
Expense Amount* Tuition and Fees $25,584 Room and Board $12,522 Other Expenses $8,168 Total $46,274 -
Fall or Spring (One Semester)
Breakdown of Expenses
All Other Programs
Expense Amount Tuition and Fees $11,344 Room and Board $6,261 Other Expenses $4,084 Total $21,689 Programs with Differential Tuition
Expense Amount* Tuition and Fees $12,792 Room and Board $6,261 Other Expenses $4,084 Total $23,137 -
Fall/Spring Plus Summer
Breakdown of Expenses
All Other Programs
Expense Amount Tuition and Fees $17,088 Room and Board $10,435 Other Expenses $6,807 Total $34,330 Programs with Differential Tuition
Expense Amount* Tuition and Fees $19,260 Room and Board $10,435 Other Expenses $6,807 Total $36,502 -
Summer Only
Breakdown of Expenses
All Other Programs
Expense Amount Tuition and Fees $5,744 Room and Board $4,174 Other Expenses $2,723 Total $12,641 Programs with Differential Tuition
Expense Amount* Tuition and Fees $6,468 Room and Board $4,174 Other Expenses $2,723 Total $13,365 -
Fall and Spring Plus Summer
Breakdown of Expenses
All Other Programs
Expense Amount Tuition and Fees $28,432 Room and Board $16,696 Other Expenses $10,891 Total $56,019 Programs with Differential Tuition
Expense Amount* Tuition and Fees $32,052 Room and Board $16,696 Other Expenses $10,891 Total $59,639
Academic English Living On-Campus
These figures are for students in an Academic English standalone program that is not part of a Pathway program.
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Fall and Spring (Two Semesters)
Breakdown of Expenses
Expense Amount Tuition and Fees $15,770 Room and Board $12,382 Other Expenses $6,704 Total $34,856 -
Fall or Spring (One Semester)
Breakdown of Expenses
Expense Amount Tuition and Fees $7,885 Room and Board $6,191 Other Expenses $3,352 Total $17,428 -
Fall/Spring Plus Summer
Breakdown of Expenses
Expense Amount Tuition and Fees $15,499 Room and Board $10,318 Other Expenses $5,587 Total $31,404 -
Summer Only
Breakdown of Expenses
Expense Amount Tuition and Fees $7,614 Room and Board $4,127 Other Expenses $2,235 Total $13,976 -
Fall and Spring Plus Summer
Breakdown of Expenses
Expense Amount Tuition and Fees $23,384 Room and Board $16,509 Other Expenses $8,939 Total $48,832
Academic English Living Off-Campus
These figures are for students in an Academic English standalone program that is not part of a Pathway program.
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Fall and Spring (Two Semesters)
Breakdown of Expenses
Expense Amount Tuition and Fees $15,770 Room and Board $12,522 Other Expenses $8,168 Total $36,460 -
Fall or Spring (One Semester)
Breakdown of Expenses
Expense Amount Tuition and Fees $7,885 Room and Board $6,261 Other Expenses $4,084 Total $18,230 -
Fall/Spring Plus Summer
Breakdown of Expenses
Expense Amount Tuition and Fees $15,499 Room and Board $10,435 Other Expenses $6,807 Total $32,741 -
Summer Only
Breakdown of Expenses
Expense Amount Tuition and Fees $7,614 Room and Board $4,174 Other Expenses $2,723 Total $14,511 -
Fall and Spring Plus Summer
Breakdown of Expenses
Expense Amount Tuition and Fees $23,384 Room and Board $16,696 Other Expenses $10,891 Total $50,971
Students with F-2/J-2 Dependents
You must show (in addition to your own personal expenses) that you have adequate funds to support your dependents. To determine your total dependent expenses, take the monthly cost and multiply it by the number of months remaining in your program. These figures are based upon the MIT Living Wage Calculator.
| Household | Costs |
|---|---|
| Spouse | $1,573/month |
| Spouse + Children | $1,573 + $714(per child)/month |
| 1 Child (no spouse) | $2,565/month |
| 2 Children (no spouse) | $3,983/month |
| 3 Children (no spouse) | $5,866/month |
| 4 Children or more (no spouse) | $5,866 + $1,955(per addl child)/month |