Is%20mutual%20funds%20acceptable%20for%20i-29%20in%20UIUC%3F

Question

I%20have%20recently%20got%20an%20admit%20from%20UIUC%2C%20and%20I%20need%20to%20give%20them%20the%20proof%20of%20funds%2C%20can%20I%20use%20mutual%20funds%20certificate%20as%20proof%20of%20funds%3F

A D · Answer

Hi%20Rajat%2C%0AAccording%20to%20the%20official%20website%2C%20bank%20letters%20are%20accepted%20not%20mutual%20funds%20certificates%20are%20not%20accepted.%0A%0AFUNDING%20documentation%20-%20bank%20statements%3A%0AYou%20must%20obtain%20a%20bank%20statement%20from%20your%20bank%20(web%20printouts%20are%20acceptable%20for%20online%20banking)%20showing%20the%20bank's%20letterhead%20or%20logo%2C%20and%20bank%20stamp%20or%20bank%20signature.%0A%0AThe%20statement%20must%20show%20sufficient%20funding%20for%20one%20year%E2%80%99s%20costs*%20(or%20amount%20of%20sponsorship%20for%20one%20year)%2C%20must%20be%20dated%20within%20one%20year%20of%20submission%2C%20and%20must%20show%20funding%20in%20liquid%20accounts%2C%20such%20as%20savings%2C%20checking%2C%20money%20market%20accounts%2C%20or%20CDs.%0A%0ANon-liquid%20funding%20such%20as%20stocks%2C%20bonds%2C%20auto%2Fland%20deeds%20are%20not%20acceptable%20forms%20of%20financial%20support.%0A%0ASolvency%20and%20opinion%20statements%20are%20not%20acceptable%20forms%20of%20financial%20support.%0A%0AFUNDING%20DOCUMENTATION%20-%20declaration%20and%20certification%20of%20finance%20forms%3A%0AThe%20sponsor%20must%20sign%20and%20print%20his%2Fher%20name%20and%20relationship%20to%20the%20student%2C%20and%20the%20form%20must%20be%20dated%20within%20one%20year%20of%20submission.%0A%0ASigning%20this%20document%20verifies%20sponsorship%20for%20the%20full%20length%20and%20cost%20of%20the%20program.%0A%0AThe%20form%20is%20available%20in%20PDF%20format%20here.%0A%0AFUNDING%20DOCUMENTATION%20-%20letters%20of%20sponsorship%3A%0AYou%20must%20obtain%20an%20official%20letter%20of%20sponsorship%20from%20the%20sponsor%20that%20includes%20a%20signature%20or%20stamp%20showing%20the%20authenticity%20of%20the%20letter.%0A%0AThe%20letter%20must%20detail%20amounts%20and%20length%20of%20sponsorship%20and%20be%20dated%20within%20one%20year%20of%20submission.%0A

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Is mutual funds acceptable for i-29 in UIUC?