Affadavit of Support

[Bharat 0]

I have a question. But before i get into that, i must give a brief description of my situation. I was in school all the way until December 2006..(including graduate School). Because of that my income taxes are well below the level. this year i have been applying for jobs...I will get something in March of 2007. WIll the acceptance letter be sufficient??

[Miranda&James 8]

I don't think that it will. How are you sure that you'll get a job in March? You need to be able to get a letter from your employer showing your income is secure along with pay stubs, etc. I'd recommend getting a cosponsor.

[Savanphil 3]

Here are the financial REQUIREMENTS....good luck

As a sponsor, your household income must equal or exceed 125 percent of the Federal poverty line for your household size. For the purpose of the affidavit of support, household size includes yourself, all persons related to you by birth, marriage, or adoption living in your residence, your dependents, any immigrants you have previously sponsored using INS Form I-864 if that obligation has not terminated, and the intending immigrant(s) in Part 3 of this affidavit of support. The poverty guidelines are calculated and published annually by the Department of Health and Human Services. Sponsors who are on active duty in the U.S. Armed Forces other than for training need only demonstrate income at 100 percent of the poverty line if they are submitting this affidavit for the purpose of sponsoring their spouse or child.

If you are currently employed and have an individual income which meets or exceeds 125 percent of the Federal poverty line, (or 100 percent, if applicable) for your household size, you do not need to list the income of any other person. When determining your income, you may include the income generated by individuals related to you by birth, marriage, or adoption who are living in your residence, if they have lived in your residence for the previous 6 months, or who are listed as dependents on your most recent Federal income tax return whether or not they live in your residence. For their income to be considered, these household members or dependents must be willing to make their income available for the support of the sponsored immigrant(s) if necessary, and to complete and sign Form I-864A, Contract Between Sponsor and Household Member. However, a household member who is the immigrant you are sponsoring only need complete Form I-864A if his or her income will be used to determine your ability to support a spouse and/or children immigrating with him or her.

Evidence of Income

In order to complete this form you must submit the following evidence of income:

~ A copy of your complete Federal income tax return, as filed with the Internal Revenue Service, for the last year (see note 1). If you were not required to file a tax return in the most recent tax year, you must provide an explanation. If you filed a joint income tax return and are using only your own income to qualify, you must also submit copies of your W-2s for the last year, and if necessary to meet the income requirement, evidence of other income reported on your tax return, such as Forms 1099.

~ If you rely on income of any members of your household or dependents in order to reach the minimum income requirement, copies of their Federal income tax returns for the most recent tax year (see note 1). These persons must each complete and sign a Form I-864A, contract Between Sponsor and Household Member.

~ Evidence of current employment or self-employment, such as a recent pay statement, or a statement from your employer on business stationery, showing beginning date of employment, type of work performed, and salary or wages paid. You must also provide evidence of current employment for any person whose income is used to qualify.

Evidence of Assets

If you want to use your assets, the assets of your household members or dependents, and/or the assets of the immigrant you are sponsoring to meet the minimum requirement, you must provide evidence of assets with a cash value that equals at least five times the difference between your total household income and the minimum income requirement. For the assets of a household member, other than the immigrant(s) you are sponsoring, to be considered, the household member must complete and sign Form I-864A, Contract Between Sponsor and Household Member.

All assets must be supported with evidence to verify location, ownership, and value of each asset. Any liens and liabilities relating to the assets must be documented. List only assets that can be readily converted into cash within one year. Evidence of assets includes, but is not limited to the following:

~ Bank statements covering the last 12 months, or a statement from an officer of the bank or other financial institution in which you have depositis, including deposit/withdrawal history for the last 12 months, and current balance;

~ Evidence of ownership and value of stocks, bonds, and certificates of deposit, and date(s) acquired;

~ Evidence of ownership and value of other personal property, and date(s) acquired; and

~ Evidence of ownership and value of any real estate, and date(s) acquired.

Edited January 30, 2007 by Savanphil

[ninamyers 0]

Did you pay your own way through grad school? Ed is still in school, he won't finish until 2010, but he is over the poverty line with his fellowship money and so has evidence of income for the last year or so. I'm not too sure how grad school works in this country, but I was under the impression that quite often the school puts you through.

[Bharat 0]

Did you pay your own way through grad school? Ed is still in school, he won't finish until 2010, but he is over the poverty line with his fellowship money and so has evidence of income for the last year or so. I'm not too sure how grad school works in this country, but I was under the impression that quite often the school puts you through.

Actually i was in Medical School. While i was in medical school, i did not have fellowship money. For the last 5 years, I was actualy on a loan. I have applied for residency this year. I am going to be accepted in March. my salary would be enough to put me over limit.