mpower student loans

MPOWER Student Loans for International Students

MPOWER is dedicated to making a positive impact in the world by supporting students through their international academic journey. You can apply for MPOWER Student loans for international students to make your study abroad dreams come true.

Follow this guide below to begin your application.

What is the MPOWER Student Loan?

Manu Smadja and Mike Davis, who were both international students before, started MPOWER in 2014 to help students who want to study abroad but can’t afford to do so.

To do this, they would grant loans based on a student’s potential for the future, rather than their history. Since then, MPOWER has been happy to help many students make their dream of studying abroad come true. International students put in a lot of effort; they merit a partner who will assist them in getting the education and opportunity they require to realize their aspirations.

Are MPOWER Student Loans Good?

MPOWER Financing ]offers the following benefits that go beyond funding:

  • Get a reduction in your interest rate.
  • No prepayment penalty 
  • Quick conditional loan offer 
  • Visa support
  • Career development guidance
  • Information availability on subjects important to international students

What Schools Does MPOWER Financing Support?

MPOWER Financing supports over 400 schools in the US and Canada. They use a special algorithm to evaluate all accredited colleges and universities in the U.S. and Canada on things like how many students graduate, how many get jobs, and how much money alumni earn.

To find your MPOWER-supported school:

  • Go to the MPOWER Financing website.
  • Click on Get A Loan.
  • Go to Schools We Support.
  • Scroll down and check the list of schools.

They also support the full range of degree types:

  • Master’s
  • MBA
  • Ph.D.
  • Bachelor’s
  • J.D.
  • LL.M
  • M.D.
  • D.D.S.
  • Select boot camps
  • Diploma and Associates (Canada only)

How Much Does MPOWER Financing Offer on Student Loans?

MPOWER Financing offers loans ranging from US $2,001 to US $100,000. Qualified students enjoy fixed interest rates that are competitive and never go up.

Who is Eligible for MPOWER Student Loans?

To be eligible for MPOWER Financing student loans, you must meet the following requirements:

  • a graduate or undergraduate student with two years left till graduation or starting a one- or two-year program.
  • a foreign student, a DACA recipient, a citizen of the United States, a refugee, or an asylum seeker.
  • enrolled in or admitted to one of the over 400 Canadian or American accredited institutions.

MPOWER Financing Loan Terms

  • No fees paid out-of-pocket, pay nothing until your first interest-only loan payment
  • Funding for schools in the United States up to 100% of educational costs, including living costs.
  • By paying your bills on time, you can develop your American credit history, get career assistance, and get support with your visa.

How to Apply for MPOWER Student Loans for International Students

Follow the guide below to apply for student loans via MPOWER Financing:

  1. Go to the MPOWER Financing website.
  2. Click on Get A Loan.
  3. Click on Apply Now.
  4. Read the guide and click on Start Application.
  5. Fill out the application form.

Note: MPOWER student loans do not require a cosigner or collateral.

MPOWER Contact Details

You can reach MPOWER Financing by phone during business hours at:

  • +1-202-417-3800 (U.S.)
  • +1-647-503-4607 (Canada)

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One thought on “MPOWER Student Loans for International Students

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