Affidavit of Financial Support: Meaning, Purpose, and Sample Form
An Affidavit of Financial Support is a sworn legal document in which an individual (the sponsor) declares their commitment and ability to provide financial assistance to another person (the beneficiary). This affidavit is commonly required for school enrollment, visa applications, travel requirements, medical assistance, court submissions, and government transactions.
The affidavit serves as proof that the beneficiary has adequate financial backing to cover expenses such as tuition, living costs, travel, medical needs, or daily support. By executing this document, the sponsor assumes responsibility for providing financial support as stated.
When Is an Affidavit of Financial Support Required?
This affidavit is commonly required for the following purposes:
- School or university enrollment and scholarship applications
- Visa, travel, or immigration requirements
- Medical assistance or hospital requirements
- Government aid, subsidies, or social services
- Court or legal proceedings involving dependents
- Proof of sponsorship for dependents or relatives
Supporting documents such as proof of income, employment certificate, bank statements, or IDs may be required depending on the requesting institution.
What Should Be Included in an Affidavit of Financial Support?
A complete affidavit should include:
- Complete details of the sponsor/affiant
- Name and relationship of the beneficiary
- Statement of financial capacity and commitment to support
- Purpose and scope of the financial support
- Duration or coverage of the support (if applicable)
- Affiant’s signature and notarization
Since this affidavit involves financial responsibility, accuracy and honesty are essential.
Sample Affidavit of Financial Support (Editable Template)
Replace all bracketed information below before printing and notarization.
REPUBLIC OF THE PHILIPPINES
[CITY / MUNICIPALITY]
[PROVINCE]
AFFIDAVIT OF FINANCIAL SUPPORT
I, [FULL NAME OF SPONSOR], of legal age, [citizenship], [civil status], and residing at [complete address], after being duly sworn in accordance with law, hereby depose and state:
1. That I am financially capable and willing to provide financial support to [FULL NAME OF BENEFICIARY], who is my [state relationship].
2. That I am employed/self-employed as [occupation/business] with a monthly income of approximately [amount].
3. That I commit to providing financial assistance to cover expenses such as [tuition, living expenses, medical costs, travel, daily needs, etc.].
4. That this financial support shall be effective starting [date] and shall continue [state duration or “as needed”].
5. That I am executing this Affidavit of Financial Support to attest to the truth of the foregoing and to comply with the requirements of [school / embassy / government agency / court / institution].
IN WITNESS WHEREOF, I have hereunto affixed my signature this [day] day of [month, year] at [place of execution].
_________________________________
[FULL NAME OF SPONSOR]
Affiant
SUBSCRIBED AND SWORN to before me this [day] of [month, year] at [place], affiant presenting the following proof of identity:
ID Type and Number: [ID Number]
Date & Place of Issuance: [details]
_________________________________
NOTARY PUBLIC
Doc. No. _____;
Page No. _____;
Book No. _____;
Series of _____.
Disclaimer: This template is for general guidance only. Some institutions may require additional proof of income or a notarized sponsorship agreement.