last question for today--Affidavit of Support

[SuperSaiyanVisa 21]

Ok last question for today,

I just read that i must submit an affidavit of support in which my income is 125% of the federal poverty limit. I am a medical student with 3 years of school left. Each year i take out enough loans for tuition and living expenses. My loan amount minus tuition is above the 125% federal mark. But question is will this be an acceptable form of income?

[dwheels76 5,484]

Ok last question for today,

I just read that i must submit an affidavit of support in which my income is 125% of the federal poverty limit. I am a medical student with 3 years of school left. Each year i take out enough loans for tuition and living expenses. My loan amount minus tuition is above the 125% federal mark. But question is will this be an acceptable form of income?

Nope because its loans and you can always be denied. You need income not loans. This is a 10 year at the least commentment. You will need a co-sponsor.

[SuperSaiyanVisa 21]

Nope because its loans and you can always be denied. You need income not loans. This is a 10 year at the least commentment. You will need a co-sponsor.

But its student loans, medical schools don't allow their students to have jobs and Its not allowed for the loan distributor to deny my student loan. Any medical students had the same situation? I probably can get a cosponsor but would rather not.

[florida4life 29]

No you can't use that. They need to see pay stubs, a job letter, your w2's your income taxes. So like the post before you need a co-sponsor. You got that money from the goverment and it must be paid back its not income that was earned on your part. So get yourself a co-sponsor

[NikLR 13,232]

I suggest getting a joint sponsor. This is not income, it's a loan to pay for schooling.

[SuperSaiyanVisa 21]

I suggest getting a joint sponsor. This is not income, it's a loan to pay for schooling.

No you can't use that. They need to see pay stubs, a job letter, your w2's your income taxes. So like the post before you need a co-sponsor. You got that money from the goverment and it must be paid back its not income that was earned on your part. So get yourself a co-sponsor

Will Do. thanks guys