Student Visa Financial Requirement Calculator

US embassies require F-1 and M-1 visa applicants to show sufficient funds for the first year (and often the full program). This calculator totals all required costs to show you the exact bank statement minimum consular officers expect.

Annual Tuition & Fees (from your I-20) Annual Living Expenses (housing, food, transport) Health Insurance (annual cost) Books & Supplies (annual)

Round-Trip Airfare (USD)

Number of Dependents Accompanying

Buffer / Emergency Fund Percentage (recommended 10–20%)

Minimum Bank Statement Required

First-year total (including buffer)

Bank statements should show this amount available in liquid accounts. Consulates typically look for funds held for 3–6 months. Scholarship letters, sponsor affidavits, and loan approval letters can supplement personal savings. Some schools have their own financial proof requirements — always verify with your I-20 cost of attendance.