hi,
   i entered usa as a student like F1 status and for some financial reason i cud not go back to school this semester and i did not inform college nor did i consult them coz i knew that i cud not do anythg.... so i just got a letter for bank saying to fill up the w-8ben form . i dont know what does that mean? and i got a letter from school saying my I20 expired and i need to transfer other college or get ready to leave or change status.. so in this case what shd i do???? 

 Well not a pleasant situation to be in. Nevertheless, if you wanted to go to school then you might have thought about community college but seems like you know what you are doing. So why not move the city or just  ignore the letter...!!!!


P.S: I think you still got some time to reinstate..

how can i reinstate?

Look for some old thread with similar situation as i couldnot help you with the exact direction to go...

 regarding w8 form, just fill it up and send it to bank, not a big deal. It's a requirement for banks to be filled up by foreign nationals. 

Find out how long u been out of status? If your shool doesnot report to SEViS that you are taking minimum credits courses, you will be considered out of status.  You may have been out of status from the time you left the school and not from the time ur I20 is expired. If it is no more than 5 months, it may not be so difficult to reinstate. Get I20 from different college and apply for reinstatement. You should have plausible reason for being out of status. 

If you have been out of status for more than 5 months, it is still possible to get reinstated but it will be very hard. You should have a very good and strong reason and supporting documents stating you were not able to apply for reinstatement within 5 months of period. 
Anyways, the only way to apply for reinstatement is to apply for a college, get i20 and apply for reinstatement. Whether u get approved or not, it depends. Gud luck..