J-1 Scholars may be self-funded or may receive funds from the host department. Regulations governing the J-1 program require Exchange Visitors to possess adequate financial resources to complete their program and to support any accompanying dependents.
UVA has determined that the minimum funding necessary to meet this standard is $1,550 per month for the exchange visitor and an additional $500 per month for each dependent. The calculation is based on a minimal cost of living for the Charlottesville area including cost of the minimum level of required health insurance coverage. These estimates do not include travel to or from the visitor’s home country or within the U.S, nor entertainment or other discretionary expenses.
Visitors should take into consideration that these estimates are very conservative and should factor in individual financial requirements when making plans to come to Charlottesville.