Funds to achieve your
study abroad dreams
Apply today! Study abroad in the U.S. or Canada with our no-cosigner and no-collateral loans.
Apply today! Study abroad in the U.S. or Canada with our no-cosigner and no-collateral loans.
We fund you,
not your family
Origination fee for disbursed
funds only added to loan
amount; no prepayment penalty.
Free visa and career
search training
and resources
Build your credit with on-time
payments and access
potential U.S. tax benefits.
students funded
eligible U.S. and Canadian schools
digital loan application process
say MPOWER made study abroad possible
MPOWER-supported students from nearly every corner of the world
How does the online application work?
Start the online application and upload a government-issued ID.
Submit your academic and financial documents.
Receive loan approval and a free visa support letter.
Access your funds, which will be disbursed directly to your school.
MPOWER vs. a typical Indian lender
| Loan Terms |
 MPOWER |
 Typical Indian lenders |
|---|---|---|
| Interest rate | Fixed, inflation proof | Variable |
| Foreign exchange fees | 0% | 2% |
| Upfront fees | US$0 | US$607 |
| Tax savings in US$ |  |
– |
| Building U.S. credit history through on time repayments | |
– |
Exclusively for MPOWER Customers: Jumpstart Your Career Abroad
Join the Path2Success Career Accelerator, designed to help international students get the tools and training to land a job that sponsors. As part of the program, our students receive:
✔ A 5-part Masterclass with career expert Yudi J
✔ Access to FrogHire.ai – built to help international students find sponsorship-friendly jobs
✔ Entry into our Career Community – connect with peers, get tips, and explore new job openings
Limited-time offer: Earn $100 cash back to use on what you need – professional headshots, LinkedIn Premium, ChatGPT, and more.
Apply by August 31, 2025. You’ll receive your reward once your loan is funded.
Turn your job search into a job offer.
Apply nowFAQ + Terms & Conditions here.
DISCLAIMER – Subject to credit approval, loans are made by Bank of Lake Mills or MPOWER Financing, PBC. Bank of Lake Mills does not have an ownership interest in MPOWER Financing. Neither MPOWER Financing nor Bank of Lake Mills is affiliated with the school you attended or are attending. Bank of Lake Mills is Member FDIC. None of the information contained in this website constitutes a recommendation, solicitation or offer by MPOWER Financing or its affiliates to buy or sell any securities or other financial instruments or other assets or provide any investment advice or service.
2025 © MPOWER Financing, Public Benefit Corporation NMLS ID #1233542
 U.S. office |
 India office |
| 1101 Connecticut Ave. NW Suite 900, Washington, DC 20036 | The Cube at Karle Town Center, 9th Floor, 100 Ft, Nada Prabhu Kempe Gowda Main Road, Next to Nagavara, Bengaluru, Karnataka 560045, India |
