H1B to F1 COS and GC process

[TkNeo]

My company is initiating the process of getting a GC for me... I am on H1B right now ....

I have read a lot that it is easy to get a COS from H1B to F1 if you can show a bank balance . What about loan ? Does that work ?

I am planning to apply for labor and then quit my job and start school full time on F1. What are my options here ? Will my priority date still be valid for my GC process (after i finish school and have a new H1B) ?? Is there a way my employer can keep my GC process intact ? Like tell INS that i will join the company again after i graduate ?

Once i finish school do i have to apply for H1B in the normal category or do i get any special advantages because i had an H1B before ?

 

[GotPR?]

I have read a lot that it is easy to get a COS from H1B to F1 if you can show a bank balance . What about loan ? Does that work ?
What do you mean by loan ? You mean debt ?
If you have so much debt with little money in Bank, how do you pay for your living expense when F1 does not allow work ?? That is probably what CIS thinks.

I am planning to apply for labor and then quit my job and start school full time on F1. What are my options here ? Will my priority date still be valid for my GC process (after i finish school and have a new H1B) ?? Is there a way my employer can keep my GC process intact ? Like tell INS that i will join the company again after i graduate ?
YOu must have intent to join the sponsor otherwise that GC process is fraud. as long as GC process is valid, PD remains the same.

Once i finish school do i have to apply for H1B in the normal category or do i get any special advantages because i had an H1B before ?
You won't come under H1 quota.

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[TkNeo]

Hey thank you so much for your reply. Appreciated a lot....But seems like you know a lot so let me ask you a few more questions... Also i am very new to this process so some questions might be dumb and pls excuse my ignorance on this subject !!

.
I have read a lot that it is easy to get a COS from H1B to F1 if you can show a bank balance . What about loan ? Does that work ?
What do you mean by loan ? You mean debt ?
If you have so much debt with little money in Bank, how do you pay for your living expense when F1 does not allow work ?? That is probably what CIS thinks.

F1 allows on-campus work though doesn't it ? Anyways, I can show enough cash to cover my living expenses and lets say 1 semester of tuition but lets say i am trying to get into MIT (totally hypothetical ) then i can't show 100grand in cash....So are you saying no F1 unless all tuition in cash ?


I am planning to apply for labor and then quit my job and start school full time on F1. What are my options here ? Will my priority date still be valid for my GC process (after i finish school and have a new H1B) ?? Is there a way my employer can keep my GC process intact ? Like tell INS that i will join the company again after i graduate ?
YOu must have intent to join the sponsor otherwise that GC process is fraud. as long as GC process is valid, PD remains the same.

ok got it..
but if my I140 is approved w/ the current company i can't lose the PD no matter what isn't it ? If i plan on returning to the same employer i would save the hassle of a new H1B and a new GC from scratch...


Once i finish school do i have to apply for H1B in the normal category or do i get any special advantages because i had an H1B before ?
You won't come under H1 quota.
What does that mean ? What quota do i come under then ?

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[GotPR?]

Quota does not apply if you were on H1 before.

 

[TkNeo]

Quota does not apply if you were on H1 before.

oh wow ! i did not know that. thats terrific. so in that case getting H1 is just paperwork then ? what is that process called ? i want to research it more .. just curious...

Also the lawyer i am working with did not know this... Its about time i call her and fire her !