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5. Bank Letter (Proof of Financial Means)
The consulate requires proof that you have financial means to reside in Florence by presenting the
consulate with an original, signed bank letter from a US bank or financial institution. Syracuse Abroad
cannot waive or alter this requirement. All students must provide documentation of their funding. See
the requirements below and sample bank letter on the following page.
If you are unable to provide proof of the required amount in your own personal checking or savings
account, you may submit a bank letter from a checking/savings account in a parent or guardian’s name
supporting you. If you wish to do this, the account holder must also complete the Affidavit of Support
on page 13, have it notarized and submit it with your visa materials. If you have a joint bank account
with a parent or guardian, your parent or guardian must complete the Affidavit of Support. Please
note you may only use the Affidavit of Support provided for you in this packet. You may not use a form
from another jurisdiction as they are different.
Statements from retirement accounts, 401k and stock portfolios are NOT accepted by the Italian
consulates in lieu of a bank letter.
Accessible amounts required:
• Semester students: $4,000
• Academic year students: $8,000
• Fine Arts Graduate students: $12,000
**NOTE: Some programs vary in length. If your program is longer than four or eight months, you
will need to add $1,000 per month to the amount.
The format of the letter is basic, but should convey the following:
• YOU (the student) OR the specified person in support of the student are the account holder
• The specified funds are present in your checking/savings account(s) at the time the letter is
generated
Guidelines for the bank letter:
• The document must come from a United States bank or financial institution.
• Letter(s) must be original. Copies, scans, emails, and faxes are unacceptable.
• Letter(s) must be on the bank’s original letterhead and have a signature of a representative.
Electronic signatures are unacceptable.
• Bank statements are unacceptable.
• Letter(s) must be dated as close to the visa deadline as possible.
• You may combine multiple accounts from different institutions to reach your required amount.