Proof of Financial Resources
To obtain your I-20 or DS-2019 Form, you must show you have the financial resources to support your academic year. The funding must meet or exceed the estimated cost of attendance.
Types of Funding
- Personal: Funding listed in your own name (not a friend or family member’s name).
- Other Funding: Family/Friend Sponsorship or Government Funding. (F-1 students are not permitted to be the financial sponsors for other F-1 students)
- University: Assistantship, Fellowships, Scholarships, and Stipends given by UMD. Students usually receive this funding from the department in which they are studying.
Click here to view an estimated cost of attendance. This is an estimate of your tuition, fees, and living expenses for one year. Your academic department is able to give you the best estimate of your tuition.
If you plan to bring your dependent(s), you will need to show you have $5,000 in funding for each dependent.
If you have University funding, use this calculator to determine if you will need to show Personal or Other Funding.
Based on the Letter Received:
- Choose Your Program of Study
- Select whether you have received an Assistantship, Fellowship or Both
- Select the level of Tuition Remission (select “Other” if you have an exact funding amount for tuition).
- Enter Total Scholarship Amount from any Fellowship (enter numbers only, no comas or dollar signs)
- Enter the Total Stipend Amount from the Graduate Assistantship (enter numbers only, no comas or dollar signs)
- Enter the number of dependents you plan to join you.
- Click Submit to see how much you still need to show, if anything.
Please note that we cannot accept funding amounts that are not guaranteed.
If you need an estimate for less than 12 months, contact an ISSS Student Advisor.
UMD charges international students who we issue an I-20/DS-2019 to, a per term fee. The fee helps us provide academic and cultural activities and events to support you and your dependents. The per semester fee is $125. The fee for 12-week academic programs is $62.50 per term.
You may only upload a scan or image of three sources of funding in total to iTerp. For example: 2 bank accounts and 1 fixed deposit. We understand that you may need to condense several accounts.
We must be able to clearly read the scan or image and it must:
- Be in English or a certified translation to English with the original document provided;
- Be dated within the past 3 months;
- State the name of the account holder(s);
- Show the account number (at least the last few digits);
- Show type of the account;
- Show the current balance/total amount of money in the account;
- State the currency if not in US dollars;
- A maturity date if the account is any type of term deposit account;
- Be accessible to the student immediately
Other Funding -Family and Friends
Accepted Funding Documents
Non-Accepted Funding Documents
If you submit a funding document in the name of a family member or friend, you must submit a sponsorship letter. The letter must be in English, or have an attached translation into English. It must state that they are providing you the money for your education expenses.
- Checking account
- Savings account
- Any type of term deposit account that matures before the start of the school year (RD, FD, CD, etc.)
- UMD Assistantship, Fellowships, Scholarships, and Stipends letter
- Solvency certificates
- Bank letters that do not provide a current balance
- Provident funds
- Mutual funds
- Stock shares
- Trust funds
- Loan sanction letters
- Any type of term deposit account that matures after the start of the school year (RD, FD, CD, etc.)
- F-1 student sponsoring another F-1 student
Below we provide ways you can find scholarships and loans, as well as other resources that may be helpful.
- It is important to understand that no list of scholarships is comprehensive.
- The University of Maryland does not keep a centralized list of scholarship information. You should contact your department for information and deadlines.
- As international students you may not qualify for all opportunities. Be sure to check the eligibility of the scholarship/loan before you apply.
Where to look?
Contact your college/school or academic department
Your academic department or major may offer scholarships specific to UMD students. They may have requirements and deadlines set by the donors of the funds. Also, ask your professors and follow your department's social media. They may alert you to opportunities outside of UMD.
- The Foundation Center is a non-profit organization that has a listing of grants for which some individuals may qualify.
- Institute of International Education (I.I.E.) may be able to provide information on scholarships, grants or programs for eligible international students.
- Rowe Fund - Organization of American States (OAS) – If you are from Central or South America, OAS offers an interest free loan grant to eligible international students through the Leo Rowe Loan Fund. For more information on eligibility and application process, please contact RoweFund@oas.org
- College Board is a free online financial source for scholarships, grants, and loans for college-bound students, including international students wishing to study in the United States.
- International Education Financial Aid is a free online scholarship resource for non-US citizens with disabilities.
- Education USA is a free online searchable database of scholarships for international students.
- International Student Loan requires a US citizen or permanent resident (Green Card holder) as a co-signer.
- FinAid is a comprehensive Internet guide to financial aid. It contains sections pertaining to foreign students coming to the United States and U.S. students going abroad.
- Margaret McNamara Memorial Fund – Grants for women from developing countries who are at least 25 years old
- NAFSA: Association of International Educators maintains a useful financial aid web page.
- PEO International Peace Scholarship Fund – Provides scholarships to international women pursuing graduate degrees in the U.S. and Canada
- World Bank Graduate Scholarship Program – Provides scholarships to students and young researchers
- Read the entire application. Do you meet the eligibility requirements? If not, do not apply.
- Does the application ask for a reference letter from a faculty or advisor? Be sure to contact your professors, and give them at least two weeks to complete the recommendation letter.
- Does it require an essay? If yes, start early and use UMD’s resources to make it standout! (Undergraduate Writing Center ; Graduate Writing Center)
- Submit your application by the deadline. Check on the scholarship website or application for when the organization will notify recipients.