Proof of Funds Requirement for U1 Student Permit in Rwanda

REQUIREMENTS FOR THE PROOF OF FUNDING DOCUMENTS

The minimum amount required is $2,500 for Full Fee Paying applicants and $1,500 for applicants who have received an ALU grant. Proof of funding documents should reflect the appropriate amount depending on your funding status at ALU

1. Bank Statements

• Recent bank statements (typically from the past 6 months).

• Should show sufficient balance to cover tuition fees and living expenses.

• Bank statements from personal accounts, parents’, legal guardians and guardians accounts are acceptable.

• It should have an official letter head

2. Sponsorship Letter, see the template applicants will fill

• A formal letter from a sponsor (usually a family member or relative) stating they will support your expenses.

• It should show the sponsor’s details (name, email, contact number and signature)

• The letter signed date should not be older than 3 months

• It should have an official letter head

3. Education Loan Approval Letter

• There should be a letter from the bank or financial institution showing the approved loan amount. 

• Name of the institution, stamp and signature of the financial institution.

• It should have an official letter head

4. Scholarship or Grant Award Letter

• Official scholarship letters confirming the award amount.

• Name of the institution, stamp and signature of the awarding institution.

• It should have an official letter head

NOTE: The Sponsorship Commitment Letter is submitted along either of the financial documents.

Estimated Category Guidelines

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• NOTE: The financial statement should be accompanied by the Sponsorship Commitment Letter (SCL) from the entity to which the bank financial statement belongs. Note: If the sponsor is an organization, the SCL with letterhead, stamp, and signature will be sufficient, and the bank statement is not mandatory.