Yes, MPOWER provides loans to eligible international students in Canada. No cosigner or collateral is needed. The loan can cover tuition and other education related expenses invoiced by the university.
Living expenses typically range from CA$10,000 to CA$15,000 per year. This includes housing, food, transport and basic needs. Costs vary depending on city, lifestyle and accommodation type.
You must have a letter of acceptance, valid passport and proof of financial support. Most students also provide biometrics and may need a medical exam. Apply online via the official Canadian government website.
*Rates as low as 9.99% (10.89% APR). This interest rate and APR includes a 0.25% discount for automatic recurring payments.
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.
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