MPOWER Social Impact

MPOWER Financing is a Public Benefit Corporation, which means we are dedicated to making a positive impact in the world in addition to accomplishing our financial and strategic goals. 

Founded by, and comprised of, a dedicated group of global citizens, our team is passionate about ‘empowering’ international students to become global citizens and future leaders in business, government, and their community.

Social Impact isn’t just a pillar of our business - it’s the core of our business.

One loan at a time, we’re expanding the U.S. and Canadian higher education market to serve more of the planet’s highest-potential individuals, regardless of income, family background, or gender. In the process, we’re enabling tomorrow’s doctors, lawyers, scientists, engineers, and business and government leaders to realize their full potential and make powerful contributions to the U.S. and Canadian economies – as well as emerging markets around the world.

How do we do this? By making credit decisions using a forward-looking model centered on these students’ extraordinary potential rather than the traditional backward-looking model that requires an established U.S. credit history, collateral, or a cosigner – all barriers to financing that international students typically face.

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Our First Five Years of Impact

The extensive research performed to create our first Social Impact Report shows:

No-cosigner loans enhance geographic and socioeconomic diversity on campus.

No-cosigner loans enhance financial independence and educational opportunity for women from emerging markets.

Focusing on female customers has double bottom line impact.

DACA students are a key underserved market.

Small interest-only student loan payments build international students’ credit and enhance access to other financial products.

Download Our Social Impact Report

Our Current Social Impact Initiatives

No-cosigner, no-collateral education loans based on student potential, not background

Scholarships for international students 

Free visa support letters for loan applicants and free immigration resources for all international students

Free career preparation resources for borrowers, tailored to the unique needs of international students



Sara Haider talks about the challenges she faced as a woman breaking into the Pakistani music industry and then pursuing her dream to study in the USA.

She talks candidly about the challenges and restrictions on women in Pakistan and how to overcome family objections to following your dreams.

She is the grand prize winner of an arts scholarship awarded by MPOWER Financing.

Watch More Stories

Calcutta, India,
Stevens Institute of Technology

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Success Stories


When Srijan started his degree program at Stevens Institute of Technology, financial struggles—and worries about burdening his family—kept Srijan up at night. Now, with MPOWER’s help, he’s finishing his degree and starting a great job in financial services. And instead of burdening his parents, his job will enable them to retire early!


MBA, California State University, Long Beach (CSULB)

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Success Stories


Born in Libya to Czech and Slovak parents, and raised in Malta, Simona is the epitome of a global citizen – and her career, which has included setting up Maltese operations for a Czech start-up, reflects that. Faced with a funding shortfall that imperiled completion of her degree, Simona turned to MPOWER. Now, she’s on track to graduate and pursue a career in healthcare.


Jiangsu, China,
Boston University

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Success Stories


Sumei worked as a technical support specialist for Citibank in Shanghai, but the opportunity to improve her English and “see the world” led her to an au pair position in New York City. She later decided to pursue a Master’s degree in computer science in the U.S. but found her savings woefully inadequate. MPOWER came through with a loan, and Sumei now has a great internship as a software engineer!

Kayleigh R.

Cape Town, South Africa,
Boston University

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Success Stories


When Kayleigh realized that a Master’s in the U.S. would cost four times her undergraduate degree in South Africa, she didn’t know how she would pay for it. But then she came across MPOWER. Now, she’s a computational biologist at the world’s largest private cancer center, devising ways to make cancer treatments safer, particularly for children.

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.

2022 © MPOWER Financing, Public Benefit Corporation NMLS ID #1233542. 1101 Connecticut Ave NW Suite 900, Washington, DC 20036