Well, lets see this information in detail along with some other important facts.
Financial support for foreign students wanting to study in the US—As per the USCIS(US Citizenship and Immigration Services), official evidence of foreign student’s ability to fund their studies in the US along with their living expenses is needed for studying in the US. For this, a letter of financial support needs to be provided by the concerned foreign student.
It must be filled in duly(complete) by the foreign student.
The form I-20 should only be sent by the foreign student once the university(in which the foreign student wants to study) has got this financial letter of support along with an official statement by the bank.
If you happen to be a permanent resident of the US wanting to study in the US, then there is no requirement of completion of such form. However, you must remember to submit proof/evidence of his or her US immigration status.
Some important considerations—Make sure to keep in mind some important things in this regard. This includes indicating your family name(last name) in CAPS letters(as its mentioned in your passport).
Also, you need to attach along with a copy of letter of acceptance and a copy of the passport as well. Personal information to be submitted by the foreign student in the form—
• Family name(first name, middle name);
• Foreign Permanent Address;
• Marital Status(single/married);
• Fax Number;
• Email Address;
• Date of Birth;
• Country of Birth;
• Country of Citizenship;
• Term Start(Year, Month);
• Are you presently in the US?(Yes/No)
• If in the US, then which type of US visa do have possess?;
• If you happen to attending any other US institute?
If yes, then details including name of the institute along with verification of status form.
Family details to be provided by the foreign student—Are you married or not? And do you have any plans to bring your dependents along with you or on any later day?
If yes, then you need to certify an addition amount for each dependent you wish to bring(nearly $6,000 per year). Do remember that every dependent will be provided their own form I-20.
And attach a marriage certificate copy as well as birth certificate copy for each child(if required).
A copy of financial documents as well as passports is also needed.