Exchange Visitors must provide proof of sufficient finances to support themselves, and any J-2 dependents, for the entire duration of their Exchange Visitor program as listed on their DS-2019 immigration document.
The minimum amount of funding that is considered sufficient for Exchange Visitors in the Professor, Research Scholar, Short-Term Scholar, Specialist, or Student Intern categories is:
Required Funding Per Month |
Per Program Participant |
$1,750 / month |
Exchange Visitor |
+$1,300 / month |
First Dependent |
+ $500 / month |
Each Additional Dependent |
The financial document(s) must be issued within the last 12-months and be written in English or include an English translation which includes the exchange visitor’s full name, currency type and amount.
Retirement fund accounts
Stock certificates
Real estate holdings
Letter of good financial standing from bank
Cryptocurrency or other non-liquid funds
The figures listed are estimates based on the Living Wage Calculation for Corvallis, Oregon and is used for budgeting purposes only. The actual costs of an individual's program may vary and be higher than what is required for document issuance purposes.
Expense |
1 month |
Comment |
---|---|---|
Application Fees |
N/A |
OIS Application Processing Fee (paid by OSU department or exchange visitor): $500 Mailing Fee: ~$65+ I-901 Fee: $220 DS-160 Visa Fee: $185 |
Housing |
$767-$1,066 |
This amount is an average figure based on one to two bedroom off-campus housing. |
Food | $390 |
Estimate for one person. |
Transportation, Miscellaneous and Personal | $686 | This is an estimate of what you might spend on transportation, cell phone, personal items, and recreation. |
Required Health Insurance | Amount varies greatly depending on provider, $309 | Cost of health insurance may vary by provider and length of coverage. The Department of State (DOS) requires that all J-1 Exchange Visitors have medical insurance in effect for themselves and any J-2 dependents for the duration of their DS-2019 program dates. |
Taxes |
15%-30% |
Tax withholding on U.S. income or stipend. |
Child Care |
$750 to $1,400+ |
For each child. Contact OSU Family Resource Center for more information. |
Additional costs may include benching fees, visa/immigration application fees, conferences, professional development, dependent costs, travel, and other costs. These costs vary by program, sponsor, and exchange visitor. Check with your OSU sponsoring department about any additional fees.