[ajaypatil_am]

Hi Friends,
I have searched on this topic ,got one thread which was 700 days old and I was not able to reply there.:neutral:
The objective of this thread is to understand how important the financial background of a candidate is for getting US or any other country student visa. Some of my friends told me that, even if you have got admit to good B-School ,if you don’t have strong financial background you can not get visa the reason for this is visa officer is more concern about the fact that you are not going to stay there for the longer period of time .If your financial background is not that strong enough; you may stay there for the money …..This migth be the assupmtion coming in his /her mind.......
So let me know your experiences on this as there are many Pguys and Pgals here who are dong MBA in US,UK and I am sure they will surely help me in understanding the truth.
I am a typical middle class software engineer without any financial background if I get admission to average B-Schol in US .(Average B-School I mean a school which doesn’t rank is top 10 but still well-known) what are my chances of getting US visa.

NOTE : I don’t want this discussion to be limited only for the US visa so, If you have gone through “Getting Student Visa ………..” process at any point of your life .Please shear your experience.

Thanks,
Ajay

[cryonerve]

Originally Posted by ajaypatil_am

Hi Friends,
I have searched on this topic ,got one thread which was 700 days old and I was not able to reply there.:neutral:
The objective of this thread is to understand how important the financial background of a candidate is for getting US or any other country student visa. Some of my friends told me that, even if you have got admit to good B-School ,if you don’t have strong financial background you can not get visa the reason for this is visa officer is more concern about the fact that you are not going to stay there for the longer period of time .If your financial background is not that strong enough; you may stay there for the money …..This migth be the assupmtion coming in his /her mind.......
So let me know your experiences on this as there are many Pguys and Pgals here who are dong MBA in US,UK and I am sure they will surely help me in understanding the truth.
I am a typical middle class software engineer without any financial background if I get admission to average B-Schol in US .(Average B-School I mean a school which doesn’t rank is top 10 but still well-known) what are my chances of getting US visa.

NOTE : I don’t want this discussion to be limited only for the US visa so, If you have gone through “Getting Student Visa ………..” process at any point of your life .Please shear your experience.

Thanks,
Ajay

Financial Background is an indicator(not conclusive) of your chances of jumping ship and becoming illegal. If you can convince the Visa Counsellor that you have good reasons for returning back/or Visa should not be a problem.

Best way- get into a B-School and then start worrying about Visa

[Suvrat]

Originally Posted by ajaypatil_am

Hi Friends,
I have searched on this topic ,got one thread which was 700 days old and I was not able to reply there.:neutral:
The objective of this thread is to understand how important the financial background of a candidate is for getting US or any other country student visa. Some of my friends told me that, even if you have got admit to good B-School ,if you don’t have strong financial background you can not get visa the reason for this is visa officer is more concern about the fact that you are not going to stay there for the longer period of time .If your financial background is not that strong enough; you may stay there for the money …..This migth be the assupmtion coming in his /her mind.......
So let me know your experiences on this as there are many Pguys and Pgals here who are dong MBA in US,UK and I am sure they will surely help me in understanding the truth.
I am a typical middle class software engineer without any financial background if I get admission to average B-Schol in US .(Average B-School I mean a school which doesn’t rank is top 10 but still well-known) what are my chances of getting US visa.

NOTE : I don’t want this discussion to be limited only for the US visa so, If you have gone through “Getting Student Visa ………..” process at any point of your life .Please shear your experience.

Thanks,
Ajay

Good initiative Dude. I was looking for a fresh thread where Visa realted issues will be discussed in detail

[AbhinandanShah]

Originally Posted by ajaypatil_am

Hi Friends,
I have searched on this topic ,got one thread which was 700 days old and I was not able to reply there.:neutral:
The objective of this thread is to understand how important the financial background of a candidate is for getting US or any other country student visa. Some of my friends told me that, even if you have got admit to good B-School ,if you don’t have strong financial background you can not get visa the reason for this is visa officer is more concern about the fact that you are not going to stay there for the longer period of time .If your financial background is not that strong enough; you may stay there for the money
...

Dear Ajay,

I am not well positioned to opine on this, however, I would like to present a perspective.

We have 4 different cases to consider.

1) Strong financially Middle Rung B-Schooler
2) Strong financially Top Rung B-schooler
3) Weak financially Top-Rung B-schooler
4) Weak financially Middle Rung-B-schooler

There are two concerns a Visa officer shall consider.

I) whether u will be a burden to America because you don't have sufficient money.
2) whether you are an intending immigrant.

Lets consider above 4 cases one by one.

(1) Strong financially Middle Rung B-Schooler - It's not so difficult for these, because they can bear their own expenses in America, and potentially VO (Visa Officers) are sure by their financial background that they will not be a burden to the United States. However, the VO might have a good concern whether you are an intending immigrant, so unless you have strong ties back home, and can convince him that you will return back home, getting a visa is difficult, especially for America.


(2) Strong financially Top Rung B-Schooler -
Same with these, just that being selected for a Top school gives you an edge, because you are adding to the intellectual capital of that country, and you will eventually contribute to the US Economy. However, intending immigrants still have a reason to worry

(3) Weak financially Top-Rung B-schooler -

They should not have much of a problem, if you can prove it that, your B-school is taking care of your financial blues, and you have the capacity to pay back the loan post MBA, they shall not do much ado. This case, one thing helps, stacking up as much saving as you can, because if you are completely dependent on loan it is suggestive of the fact that you did not plan well earlier. If you don't have any savings, it could work well against you in visa interview.

(4) Weak financiall Middle-Rung B-schooler -
This is the most difficult phase. contains all disadvantages of (1), (2), (3). God help you if you belong to this category. Though being here doesnt mean your chances are out. You should just convince the VO at the V-Day. Thats all matters in the end.

Hope this helps.

Looking for more prespectives from folks here.

Cheers,
Abhi.

[Suvrat]

Thx for the detailed posting Abhinandan, but one point needs to be clarified here. In the last case you said that financially weak middle tier guy will be at the greatest disadvantage, but in writing that u probably discounted the possibility that the candidate mite have a got a big schol say full tuition waiver, I guess in that case the VO mite consider him at par with Cat1.

I think it's a very good discussion let's take it fwd

[Susie Derkins]

Originally Posted by AbhinandanShah

(3) Weak financially Top-Rung B-schooler -

They should not have much of a problem, if you can prove it that, your B-school is taking care of your financial blues, and you have the capacity to pay back the loan post MBA, they shall not do much ado. This case, one thing helps, stacking up as much saving as you can, because if you are completely dependent on loan it is suggestive of the fact that you did not plan well earlier. If you don't have any savings, it could work well against you in visa interview.

True. I think that even if you intend to take the complete CitiAssist loan, it's safer if you say that you intend to pay a part of it yourself.. and show sufficient proof.

[deba_s56]

Originally Posted by Susie Derkins

True. I think that even if you intend to take the complete CitiAssist loan, it's safer if you say that you intend to pay a part of it yourself.. and show sufficient proof.

Agree. But if you unfortunately fall into the category of top b-school but weak finanicially with almost zero personal assets to show, do not get too scared. Unless your luck is too bad on that day, the VO is most likely to just see your 100% loan document and give you a visa.

Many people in previous years have shown the 100% loan as their only source and I do not know anybody who got rejected because of this, if admitted to a top-10 school. If anybody knows any bad stories, do not mind to share.

[Suvrat]

Originally Posted by deba_s56

Agree. But if you unfortunately fall into the category of top b-school but weak finanicially with almost zero personal assets to show, do not get too scared. Unless your luck is too bad on that day, the VO is most likely to just see your 100% loan document and give you a visa.

Many people in previous years have shown the 100% loan as their only source and I do not know anybody who got rejected because of this, if admitted to a top-10 school. If anybody knows any bad stories, do not mind to share.

I don't want to bring the morale down, but I do know of one guy who had an admit from Columbia and had shown full loan n his Visa was rejected...I guess that was an one-off case

[CATullus]

True..Its better to show atleast a part of the amount as personal funds or support from parents and some amount from relatives as support..Its not a good option to show full amount as loan as they may think that its very difficult to repay the stuff without being in US after MBA.

[rickyricks]

Originally Posted by deba_s56

Agree. But if you unfortunately fall into the category of top b-school but weak finanicially with almost zero personal assets to show, do not get too scared. Unless your luck is too bad on that day, the VO is most likely to just see your 100% loan document and give you a visa.

Many people in previous years have shown the 100% loan as their only source and I do not know anybody who got rejected because of this, if admitted to a top-10 school. If anybody knows any bad stories, do not mind to share.

Agree with Deba. Though I dont have much info abt the general topic, but from what I have learnt from current Darden students is that most of them went with 100% loan last year and didnt face any problem at the visa stage. Infact, the I-20 form clearly mentioned that all first year expenses (Tution+Living+laptop) would be covered through the GATE loan. Personal savings were shown during the Visa process to take care of the Flight/Initial relocation expenses.

One of my friends did went to a somewhat lower ranked (35-40) univ last yr, and he took a loan from India for showing the first year expenses. What I have also heard from other acquaintances is that it also depends on the individual school whether they accept fixed deposits/ stocks as possible sources of funds. As such, the tough part boils down to getting the I-20 from the Univ and after it is obtained, I think the Visa process shndt be a major problem.