Minimum Required Financial Support for J-1 Exchange Visitors

Financial Requirements for FY 2024

From August 1, 2023 through July 31, 2024, Iowa State University will require financial support as shown below for issuance of Form DS-2019 to a [J-1] Exchange Visitor. These monthly amounts are required minimums to cover basic living expenses plus the mandatory health insurance premiums for exchange visitors not eligible for benefits as an ISU employee. Required funding amounts for Exchange Visitors are tied to Department of Health and Human Services poverty guidelines and will be adjusted each August 1st to incorporate fluctuations in the cost of living and health insurance premiums.

 

Basic Living Expense

Health Insurance

Monthly Total

Single Exchange Visitor

$1519 $276 $1795

Exchange Visitor and Spouse

$2055 $578 $2633

Exchange Visitor and Child

$2055* $490 $2545

J-1 and Family

$2590* $792 $3382

*Add $536 per month for each additional child beyond the first child.

Health Insurance Requirements

Effective July 1, 2019, Exchange Visitor applicants who will not be eligible for benefits as an ISU employee must enroll in the Iowa State University Student and Scholar Health Insurance Program.