Finance Proof for undergrad student on F1 Visa

[dark_hawk]

Hello Everyone,
I plan to study undergrad in the US and got the I-20 for my desired university. The US consulate mentions that I have to show proof of liquid money for the 1st yr which i have. For the next 3 yrs i need to show projected funds.

What does projected mean? Is there any particular format in which i need to get a CA to calculate our assets? I have already gotten a loan. But, is it acceptable for the consular office to get proof in the form of properties my parents have?

Also, it is mentioned in the I-20 that it is a 60 month course (5 yrs) but in fact it is only 4 yrs that i can extend till 5 yrs so do i need to show proof for 4 or 5?

My dad suggested that we borrow money from friends and throw it in the bank account so that there would be an increase in the balance and after getting the Visa we can just give them back the money. This is in order to show a high bank balance. Would you buy this idea or is it too risky?

Thanks

 

[kabkaba]

Loan approval for the entire 4 years of study should be good enough. No CA is required. Do not transfer money to your or your parent's accounts. Keep the money in sponsor's account and take a sponsorship letter from them (on plain paper) and add their bank statements to that. You are required to show last 6 months statements and they can question any large transactions.