Get the student loan that suits you!
Checking your eligibility won’t affect your credit score!
Our Loan Features
Loans offered to 180 nationalities (including the U.S.)
No need for guarantees, co-signers, or collateral
Only small touch payments are required until graduation
More than a loan
Career guidance and additional services to help you succeed
Your potential matters
We look at your academic success and career potential to offer you the loan that best suits your needs
Borrow up to $25,000 per academic period (for a maximum of $50,000) with fixed interest rates between 7.99% (8.85% APR) and 13.99% (14.87% APR) and loan terms of 10 years.*
The stuff you need
Funds are sent directly to your university to cover all school-related expenses such as tuition, housing, meal plans, or health insurance
Make small touch payments while in school. Start paying back the rest after graduation
Easy and Secure Process
The process is easy and 100% online. Start by taking 3 minutes to see if your program is eligible
Reliable and Secure
We provide SSL encryption so your private information is protected
The Loan Process
Check to see if your school or program is eligible in less than a minute, fill out our 15 minute application, and upload your documents.
We will review your documentation within the next 3 business days and may reach out to you for additional information or clarifications. Once your application is complete, we will proceed with an introductory call (domestic or international) to review the relevant MPOWER loan product and to answer any questions you may have before you submit the application for credit review.
Within five business days of your introductory call we verify your application and send you a conditional response. International students may request a support letter to support their visa application.
We connect electronically to your school to certify your enrollment and your loan amount.
Our back office team will work with you to review your repayment schedule and to e-sign your final loan documents. Your school sets the dates of your loan disbursements.
Overall, you can expect a loan decision within 5 to 10 business days of submitting an application. The entire loan process can take approximately 1 to 3 weeks.
Tell your friends about us
Receive $100 for every friend that becomes a borrower!
Enter your PayPal email or any email address you would like to be notified of your reward.
Refer your friends, track the number of borrowers you’ve helped, and see your rewards
When a friend takes out a loan, you are notified. Your rewards are sent through PayPal.