Financial Affidavit For International Students Template for Malaysia

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Financial Affidavit For International Students

"I need a Financial Affidavit For International Students for my son's undergraduate admission to a private university in Malaysia starting January 2025, where I will be the sole financial sponsor covering tuition fees of RM45,000 per year and living expenses."

Document background
The Financial Affidavit For International Students is a mandatory document required by Malaysian educational institutions and immigration authorities to ensure international students have sufficient financial resources to support their studies and stay in Malaysia. This document became increasingly important following amendments to Malaysia's Immigration Act and Education Act, which strengthened requirements for international student documentation. The affidavit must include comprehensive financial information, including proof of funds, source of funding, and detailed expense breakdowns. It serves as a legal guarantee of financial capability and is crucial for student visa applications and enrollment processes. The document must be properly executed before a Commissioner for Oaths and typically requires supporting documentation such as bank statements, sponsor declarations, and proof of income sources.
Suggested Sections

1. Affiant Information: Personal details of the student making the affidavit, including full legal name, passport number, nationality, and current address

2. Educational Institution Details: Information about the Malaysian educational institution, including name, address, and program of study

3. Financial Declaration: Detailed statement of available funds and their sources to cover tuition, living expenses, and other costs

4. Source of Funds: Specific breakdown of funding sources, including personal savings, family support, scholarships, or other financial support

5. Cost Breakdown: Itemized list of anticipated expenses including tuition fees, living expenses, health insurance, and other mandatory costs

6. Declaration of Truth: Formal statement affirming that all information provided is true and accurate, with acknowledgment of legal consequences for false declarations

Optional Sections

1. Sponsor Information: Details of financial sponsor(s) if the student is not self-funded, including their relationship to the student and financial capacity

2. Employment Information: Details of any permitted part-time work or assistantship, if applicable to the student's situation

3. Additional Financial Guarantees: Extra financial guarantees or commitments required for specific programs or institutions

4. Emergency Fund Declaration: Statement regarding availability of emergency funds, if required by the institution or immigration authorities

Suggested Schedules

1. Bank Statements: Certified copies of relevant bank statements showing required funds

2. Sponsor Financial Documents: Proof of sponsor's income, employment, and financial capacity

3. Scholarship/Grant Documentation: Official documentation of any scholarships, grants, or other financial aid

4. Program Cost Schedule: Official breakdown of program costs from the educational institution

5. Identity Documents: Copies of passport, student visa, and other relevant identification documents

Authors

Alex Denne

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

Relevant Industries

Education

Immigration

Financial Services

Legal Services

International Student Services

Higher Education

Banking

Relevant Teams

International Admissions

Student Services

Legal Affairs

Immigration Compliance

International Education

Visa Processing

Student Financial Services

Document Processing

Enrollment Services

Relevant Roles

International Student Advisor

Admissions Officer

Immigration Compliance Officer

Foreign Student Coordinator

Education Counselor

Visa Officer

Legal Affairs Manager

International Education Director

Student Services Manager

Enrollment Manager

Commissioner for Oaths

Financial Aid 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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