What constitutes a potential source of funding to show in the financial document and during visa interview?

[drajesh]

What constitutes a potential source of funding to show in the financial document and during visa interview?

If one has properties like building, land that any bank can show its worth , will it count as a source of funding for graduate studies? Do the admission committee members and visa officers take it as a potential source?

Thanks in advance...

[socanth]

I believe you need to show the money available for the first year at least in a bank account. So no, property wouldn't count, it needs to be liquid.

[MPPgal]

Financial investments or stock also works as long as they are pseudo liquid (3 month investments are fine)  I believe there is a list at least UT Austin ISS had one

[Seeking]

Money in bank account, stocks, shares, Mutual Fund investments etc, Fixed deposits in bank accounts - any money that can be immediately used when needed.

 

You'll need a current bank statement or a current statement from the concerned authority with date, sign, seal on the letterhead of the organization saying on this date this amount of money is in the bank in this person's name. 

 

Photocopies of bank passbook are usually not accepted as bank statement.

 

The money need not be in your name. Any family member, relative or friend can give a signed financial statement (usually the form sent by the university) saying s/he has this amount of money and is willing to spend it for you if you are in need. Current bank statement of this person has to be attached along with the financial statement.