Affidavit For Financial Support From Parents

Affidavit For Financial Support From Parents Template for Singapore

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Key Requirements PROMPT example:

"I need an Affidavit For Financial Support From Parents to support my daughter's university application in Singapore starting January 2025, declaring our commitment to cover her tuition fees of SGD 45,000 per year and living expenses of SGD 2,000 per month."

Document background

The Affidavit For Financial Support From Parents is a crucial document in Singapore's legal framework, particularly for international students and dependents requiring proof of financial backing. This document is commonly required by educational institutions, immigration authorities, and other official bodies to ensure that students or dependents have adequate financial support during their stay in Singapore. The affidavit includes detailed information about the parents' income, employment, and specific financial commitments, and must be sworn before a Commissioner for Oaths. It serves as a legal guarantee of the parents' ability and willingness to support their child's expenses, including tuition fees, living costs, and other related expenditures.

Suggested Sections

1. Title and Declaration: Formal title and declaration statement including deponent details

2. Deponent Information: Personal details of parent(s) making the declaration

3. Beneficiary Information: Details of the person receiving financial support

4. Financial Commitment: Specific details of financial support commitment

5. Income Declaration: Statement of income and financial capacity

6. Verification Statement: Declaration of truth and accuracy

Optional Sections

1. Additional Support Details: Used when support includes non-monetary assistance or when specific support arrangements need elaboration

2. Co-sponsor Details: Information about additional financial supporters, used when multiple parties are providing support

3. Special Circumstances: Any unique situations affecting the support arrangement, used when there are conditional elements to the support

Suggested Schedules

1. Income Proof Documents: Salary statements, tax returns, or employment verification

2. Bank Statements: Recent bank statements showing financial capacity

3. Identification Documents: Copies of relevant identification documents

4. Relationship Proof: Birth certificate or other documents proving relationship

Authors

Alex Denne

Head of Growth (Open Source Law) @ tiktok��˰� | 3 x UCL-Certified in Contract Law & Drafting | 4+ Years Managing 1M+ Legal Documents | Serial Founder & Legal AI Author

alex.den.21@genieai.co

Relevant legal definitions

Clauses

Relevant Industries

Education
Immigration
Legal Services
Financial Services

Relevant Teams

Legal
Admissions
International Student Services
Financial Aid
Compliance

Relevant Roles

Immigration Officer
University Admissions Officer
Legal Administrator
Financial Aid Officer
International Student Advisor

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Let's create your Affidavit For Financial Support From Parents

Authors

Alex Denne

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