❓ Can a Retired Person Be a Financial Sponsor?

Question:

My potential financial sponsor is my father (or mother), who is retired. Is it possible for them to still be my sponsor?

Answer:

Yes, a retired person can still act as your financial sponsor, provided they have a steady source of income, such as a pension.

Guidelines for Using a Retired Sponsor:

1. Pension as Income: If your retired parent receives a pension, this can be considered a stable income source for sponsorship purposes.

2. Required Documentation:

   • You will need to provide documents that verify the receipt of the pension and detail the amount being received. This typically includes pension statements or bank statements showing pension deposits.

3. Consult Your School:

   • For specific requirements and additional guidance, it’s important to consult directly with your school. They can provide detailed instructions on the documentation needed and how to present it.