Letter of Financial Support
A letter of financial support is a document that verifies that funding will be available for a person, unable to pay themselves, for a specific cost. For example, letters of financial support are very common in university and college applications. By sending along a letter of financial support with their application, a potential student can demonstrate that if they do get accepted to a certain program, they will have the funding available to pay tuition. A letter of financial support is usually accompanied by financial documents, to verify the sponsor’s financial standing and ability to pay.
Starting to Write
Be formal and straightforward. The letter should simply be a statement of your pledge to provide support.
Include all relevant details, including names and financial amounts.
If you are an individual and not a lender, enclose accompanying documentation, such as a bank statement to reassure the recipient that you can meet the commitment.
Sign the letter to make it legally binding.
Letter of Financial Support for University Sample
University of Syracuse
Tina T. House
511 Heather Sees Way
Syracuse, NY 74146
Dear Mrs. House,
I, Alvin S. Blodgett, will be providing Donald Blodgett with full financial support during his/her course of studies at the University of Syracuse. I understand the cost of attending the Political Science program at University of Syracuse is in the region of $20,000 per year. I have adequate funds to support Donald Blodgett in his/her post secondary education. I have enclosed relevant financial documents to verify my financial standing.
Sincerely,
Alvin S. Blodgett
November 30th, 2009.
Letter of Financial Support from Parents Sample
To whom It May Concern,
I, Lindsey Liander, born in Denver, Colorado, on August 18, 1960, do provide this letter of financial support and accompanying bank statement, to confirm funding for my son, Ollie Liander, during his study at Barth University, from 09/20/2009 to 07/20/2013.
I hereby confirm that I am able to provide sufficient funds to responsibly cover his expenses during the entire educational program, including any unexpected midterm costs and any emergency funding for personal upkeep that would otherwise hinder studying.
Signed
Lindsey Liander
Mother
Letter of Financial Support for Visa Sample
To whomever it may concern,
This letter is being written to confirm that I, Winnie Woodridge, grandmother of visa applicant Darnell McGee, will be providing full financial support to Mr. McGee during his visit to the United States, until a time when he is able to fully support himself, so he does not become a financial burden on the nation.
Support may include, but it is not limited to daily upkeep, medical expenses, fines and other legal obligations, and funeral costs in the unfortunate case of death.
I confirm that the financial support provided to Daniel is indefinite and will ensure that he never becomes reliant on public funds.
Please find enclosed my I-134, and required financial information, including bank statements, and tax returns.
Sincerely,
Signed
Mrs. Winnie Woodridge