Financial Affidavit For International Students Generator for Singapore

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Key Requirements PROMPT example:

Financial Affidavit For International Students

"I need a Financial Affidavit For International Students to support my son's application to study engineering at the National University of Singapore starting January 2025, showing proof of our family's ability to cover SGD 65,000 in annual expenses through a combination of savings and rental income."

Document background

The Financial Affidavit For International Students is a mandatory document for international students seeking to study in Singapore. It was developed to ensure that incoming students have sufficient financial means to support their education and living expenses without facing financial hardship during their stay. This document is required by Singapore immigration authorities and educational institutions as part of the student visa application process. It includes comprehensive financial information, proof of funding sources, and declarations of financial responsibility. The affidavit must comply with Singapore's Immigration Act and related regulations, serving as a key tool for authorities to assess the financial viability of prospective international students.

Suggested Sections

1. Personal Information: Student's full legal name, passport details, nationality, and current address

2. Educational Institution Details: Name and address of the Singapore institution, course details, and duration of study

3. Financial Declaration: Statement of financial capacity, including bank balances and sources of funding

4. Expense Breakdown: Detailed listing of tuition fees, living expenses, and other costs

5. Source of Funds: Declaration of how educational and living expenses will be funded

6. Verification Statement: Declaration of truth and accuracy of provided information

Optional Sections

1. Sponsor Information: Details of financial sponsor including their personal information, relationship to student, and financial capacity

2. Scholarship Details: Information about any scholarships or grants received, including amount and duration

3. Employment History: Details of current or previous employment including income information if applicable

Suggested Schedules

1. Schedule A - Bank Statements: Recent bank statements showing sufficient funds for the duration of study

2. Schedule B - Proof of Income: Income tax returns, salary statements, or other income proof documents

3. Schedule C - Sponsor's Financial Documents: Financial documents of sponsor including bank statements and proof of income

4. Schedule D - Scholarship Award Letters: Official documentation of any scholarships or grants awarded

5. Schedule E - Course Fee Schedule: Detailed breakdown of course fees and payment schedule from educational institution

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

alex.den.21@genieai.co

Relevant legal definitions

Clauses

Relevant Industries

Education
Immigration Services
Financial Services
Legal Services

Relevant Teams

International Student Services
Admissions
Finance
Legal
Student Affairs

Relevant Roles

International Student Advisor
Admissions Officer
Immigration Officer
Financial Aid Officer
Compliance Officer

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Let's create your Financial Affidavit For International Students

Authors

Alex Denne

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