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Affidavit Of Financial Support For International Students for India

Affidavit Of Financial Support For International Students Template for India

A legally binding document executed under Indian law that serves as a formal declaration of financial support for an international student pursuing education in India. The affidavit, which must be notarized and properly stamped according to Indian legal requirements, details the sponsor's commitment to cover the student's educational and living expenses. It includes comprehensive information about the sponsor's financial capacity, the specific support being offered, and the duration of the commitment. This document is crucial for both university admission processes and visa applications, complying with requirements set by Indian educational institutions and immigration authorities.

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What is a Affidavit Of Financial Support For International Students?

The Affidavit of Financial Support for International Students is a critical document required by Indian educational institutions and immigration authorities to ensure that international students have adequate financial support during their studies in India. This document becomes necessary during the admission process and student visa application, where proof of financial capability is mandatory. The affidavit must comply with Indian legal requirements, including proper notarization and stamp duty payment. It serves as a legally binding guarantee from the sponsor, typically a parent, relative, or other supporter, committing to cover the student's educational fees, living expenses, and other costs throughout their academic program. The document includes detailed information about the sponsor's identity, financial capacity, relationship with the student, and specific terms of support, making it a crucial component in the international student admission and immigration process.

What sections should be included in a Affidavit Of Financial Support For International Students?

1. Title and Declaration: States the document type and includes a formal declaration that the statement is being made under oath

2. Deponent Details: Full legal name, address, and identification details of the financial sponsor/guarantor

3. Student Details: Full name, passport details, and proposed course of study of the international student

4. Relationship Declaration: Statement explaining the relationship between the sponsor and the student

5. Financial Commitment: Detailed statement of the specific financial support being guaranteed, including amount and duration

6. Source of Income: Declaration of sponsor's employment, business, or other income sources

7. Financial Capacity: Statement of sponsor's current financial status and ability to meet the commitment

8. Payment Schedule: Details of how and when the financial support will be provided

9. Legal Obligations: Statement acknowledging the legally binding nature of the commitment

10. Verification Statement: Declaration that all information provided is true and correct

11. Execution Block: Space for signature, date, and notary attestation

What sections are optional to include in a Affidavit Of Financial Support For International Students?

1. Co-Sponsor Details: Required when there are multiple sponsors sharing the financial responsibility

2. Emergency Financial Provisions: Additional commitments for unexpected expenses or emergencies

3. Currency Exchange Declaration: Required when support will be provided in foreign currency

4. Term Limitation: Specific conditions or time limits on the financial support

5. Insurance Coverage: Details of health insurance or other coverage being provided

6. Revocation Conditions: Circumstances under which the support may be withdrawn

7. Alternative Arrangements: Backup financial arrangements in case of sponsor's inability to continue support

What schedules should be included in a Affidavit Of Financial Support For International Students?

1. Schedule A - Income Proof: Copies of sponsor's salary statements, tax returns, or business income proof

2. Schedule B - Bank Statements: Recent bank statements showing sufficient funds

3. Schedule C - Asset Documentation: Details of fixed deposits, properties, or other assets

4. Schedule D - Employment Verification: Employment letter or business ownership documentation

5. Appendix 1 - Identity Documents: Copies of sponsor's government ID, passport, or other identification

6. Appendix 2 - Relationship Proof: Documents proving relationship between sponsor and student

7. Appendix 3 - Immigration Documents: Copies of student's passport, admission letter, and other relevant immigration documents

Authors

Alex Denne

Head of Growth (Open Source Law) @ Ƶ | 3 x UCL-Certified in Contract Law & Drafting | 4+ Years Managing 1M+ Legal Documents | Serial Founder & Legal AI Author

Jurisdiction

India

Publisher

Ƶ

Document Type

Affidavit

Cost

Free to use
Relevant legal definitions



























Clauses




















Relevant Industries

Education

Immigration

Legal Services

Financial Services

Higher Education

International Education

Banking

Foreign Exchange

Notary Services

Relevant Teams

International Admissions

Student Services

Legal Affairs

Immigration Compliance

Financial Aid

Documentation Processing

Global Education

Visa Processing

International Relations

Regulatory Compliance

Relevant Roles

International Student Advisor

Admissions Officer

Immigration Compliance Officer

Foreign Student Coordinator

Legal Affairs Manager

Financial Aid Officer

Visa Processing Officer

International Education Counselor

University Registrar

Student Services Manager

Documentation Specialist

Compliance Manager

International Relations Officer

Industries








Teams

Employer, Employee, Start Date, Job Title, Department, Location, Probationary Period, Notice Period, Salary, Overtime, Vacation Pay, Statutory Holidays, Benefits, Bonus, Expenses, Working Hours, Rest Breaks,  Leaves of Absence, Confidentiality, Intellectual Property, Non-Solicitation, Non-Competition, Code of Conduct, Termination,  Severance Pay, Governing Law, Entire Agreemen

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