Education Loans for Global Citizens studying abroad in the United States and Canada

MPOWER Financing provides fixed-rate education loans to students from 190+ countries pursuing degrees in any academic field

  Learn how we are different  

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Borrowing without borders

We offer education loans in U.S. dollars to international and DACA students studying in the U.S. and Canada. MPOWER loans can be used to cover student-related expenses including tuition, housing, food, insurance, and books.

Still not convinced? We invite you to scroll down!

What are the benefits of an MPOWER loan?

A loan without co-signer, collateral, or credit history

Fixed rate loans from $2,001 to $50,000 with up to 1.50% in interest rate discounts

Loans offered to 190+ nationalities

Free visa support letters and exclusive career strategy services

Forward-looking approval process

  • No co-signer or collateral required
  • No credit history needed
  • We consider your academic success and career path when making a credit decision



  • We help you build your credit profile to ensure your access to credit in the future
  • No exposure to exchange rate risk should you remain in the U.S. or Canada post-graduation
  • Interest paid on your education loan may be tax deductible in the U.S. and Canada

Path to Success

  • Enjoy up to 1.50% in interest rate discounts for consistent payment and academic success
  • We issue visa support letters for all of our approved borrowers upon request
  • We offer free resume review, networking opportunities, exposure to paid internships and full-time job openings

How does the loan process work?

Application through graduation!


Check to see if your school and program are eligible
Estimated time: 1 minute or less


Complete your application. Estimated time 30 minutes

Conditional Offer

Receive a conditional offer immediately after submitting your application. Estimated time 2-3 days

Upload Documents

Upload your requested documents to your MPOWER dashboard, watch an introduction video, and complete a short assessment.
Estimated time: 15 minutes or less

Final Approval

Receive a final approval after we verify all of your uploaded documents. At this time we will also provide you with a visa support letter if you need it. Estimated time: 3-5 business days

School Certification

Hang tight while your school certifies your enrollment status with us. Once that is done, we can disburse your funding directly to your school on an agreed upon date. Estimated time: 2-10 weeks


Contact us for your interest rate discount!

MPOWER has numerous advantages over other international lenders

What makes our loan product unique?

Other international lenders

No restrictions on majors or programs

Loans available at over 200 U.S. Universities

No cross-border payment transaction fees

Interest rate discounts

Builds U.S. credit and offers U.S. tax advantages

Other international lenders

Fixed rates – your rate never increases

No restrictions on majors or programs

Loans available at over 200 U.S. Universities

No cross-border payment transaction fees

Interest rate discounts

Builds U.S. credit and offers U.S. tax advantages

The hidden dangers of variable rates

Variable rates shift the burden of interest rate risk from the lender onto your shoulders

Fixed Interest Rates

Risk burden on lender

No interest rate increases

Monthly payments don't increase

Variable Interest Rates

Risk burden on borrower

Unpredictable interest rate fluctuations

Monthly payments can increase

What are our students saying?

We are proud of our customer service!

"I would just like to say that the experience with MPOWER has been great, as an international student, it is really complicated to get a student loan but MPOWER made the process easy and made my graduation possible!"


NYU, Philippines

"MPOWER has helped me tremendously and I hope it continues to help international students such as myself. Thanks so much couldn’t have done it without MPOWER!"


Auburn University, Jamaica

"I just received my initial approval of the loan. This is huge news for me and my family. I just wanted to reach out to you and thank you for all your help. I am really happy to be receiving funding from MPOWER. This means a lot for my future."

Graduate Student

Tufts University, Nepal

Are you eligible for an MPOWER loan?

Undergraduate and graduate students within two years of graduating

Students attending one of the 200+ schools we work with

Students from 190+ countries, including DACA recipients and refugees

Check out our student guide

Check eligibility in 60 seconds

We’re excited to help you start your graduation story!

Click here to get started

© MPOWER Financing, Public Benefit Corporation

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.