H4 TO F1 CONVERSATION

DEAR SIR
MY DAUGHTER WITH H4 STAYED ONE YEAR CAME BACK TO INDIA. SHE WANTED TO STUDY WITH H4 AND CONVRT F1 BUT IF I20 APPROVED FOR UNIVERSITY IF VISA REJECTED FI CAN SHE STILL JOIN WITH H4 VISA AND REGARDING FINANCIAL STATEMENT PARENT CAN BE SHOWN IN INDIA ?? PLEASE ANSWER MY QUERY IF ANY ONE URGENT

she can transfer from H4 to F1 in the US

Yes, if her H4 visa is still valid, she can go back to US on H4 visa. If her H4 visa is expired, she may have to go for H4 stamping. The financial sponsor can be anyone, either from US or India, it should not matter.