Part A Acknowledgement
Sign the last page to confirm acknowledgement and acceptance
1 Compliance. CFR 22 Part 62.12(b)(1) requires sponsors to verify that incoming participants have sufficient financial resources to complete their exchange program (including any accompanying dependents) before issuing Form DS-2019, which is required for the visa interview and admission to the US.
2 Minimum Funding Requirements. To comply with both CFR 22 Part 62.12(b)(1) and FUSIA’s program’s financial requirements, prospective participants must have sufficient funds to support associated expenses of their exchange program. Minimum funds for FUSIA-sponsored exchange visitors are determined as follows: USD 450 x # of program weeks (J-1), USD 212.50 x # of program weeks (J-2 spouse), USD 106.25 x # of program weeks (J-2 minors).
3 Funding Sources. Funding sources can include: (a) binational commission of the participant’s country, (b) participant’s government, (c) other organizations, (d) sponsor, or (e) personal funds, which the participant would declare in Panel 01/E. Such information would appear in the participant’s Form DS-2019, supported by qualified proof as explained below, and the combined total should meet or exceed the above-stated minimum funding requirements.
4 Proofs. If (a) to (d) are applicable, the participant would provide proof in the form of a letter on official letterhead, including organization details, and explicitly state that the funds are unconditional. It should also include the total funding amount and confirm that they are allocated specifically for the participant’s exchange program. (e) refers to readily-accessible funds, with the total meeting or exceeding the minimum requirement as explained above. They generally come in the form of bank statements (or passbooks) in the name of the exchange visitor and/or their immediate family members.
5 Special Circumstances. Funds from relatives, non-immediate family members, investment portfolios, and/or salary/stipend earned from the exchange program are acceptable but not recommended. If the funding is from a non-family member, supplement the bank statement(s) with a letter meeting criteria explained above #4. Assets such as cars and houses are not accepted as proof of funds. The contribution of salary/stipend earned from the exchange program towards the minimum funding requirement is limited to 50%; additional terms are associated as outlined in Part D.