Financial Documentation

The following documents may be used as documentation of funds:
 

• An official dated bank statement that includes the name of the financial institution, the account holder’s name, type of account, and clearly indicates the currency and the account balance. Do not submit statements with the transaction history.
  • If your bank statement is in the name of a parent, be sure to have them complete and sign section 7 (second box) of your COF to confirm support.
• A detailed letter from a sponsor stating the exact U.S. dollar amount being provided for tuition, living expenses, health insurance, and dependents (if applicable). This letter must be original and on official letterhead and include the dates of sponsorship, name of program, and degree level. The letter must be dated within one year of initial enrollment. 
  • If your sponsor is a family friend or relative, they must sign your COF in section 6c, provide a letter of support (we can provide a sample letter) and provide a bank statement that meets the requirements above for proof of funds.
• Swarthmore Financial Aid Letter – Letter or email that details the type of funding, the specific amount for tuition, fees, and other costs. If the award does not cover the total estimated expenses, you must provide additional funds, such as personal funds, that cover the remaining balance. This amount will be on page 2 of your financial aid letter.
• Educational Loans – A detailed letter on official letterhead from the financial institution that indicates your name, the approved amount of the loan, and the duration for which the loan is available.