Student Loans for International Students in the USA & Canada

MPOWER Financing provides international student loans without cosigners, collateral, or credit history to global citizens from 190+ countries pursuing degrees in any academic field

  Learn how we are different  

Check eligibility in 60 seconds

Borrowing without borders

We offer student loans in US-dollars to international and DACA students studying in the USA and Canada.

MPOWER loans can be used for past, current, and future semesters, and can cover student-related expenses including tuition, housing, food, insurance, and books.

Still not convinced? We invite you to scroll down!



Listen to what MPOWER borrower Sol Bee, a remarkable South Korean UC Berkeley student and our MPOWER Video Contest winner, has to say.

What are the benefits of an MPOWER loan?

A loan without a cosigner, collateral, or credit history

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

Loans and scholarships offered to 190+ nationalities

Free visa support letters and exclusive career strategy services

Forward-looking approval process

  • Student loans without cosigners or collateral
  • No credit history required
  • 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 USA or Canada post-graduation
  • Interest paid on your student loan may be tax deductible in the USA 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!

Loan Payment Estimator

Fixed v. Variable Interest Rates: why variable student loan rates are a gamble

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!

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!

Sumei X.

Jiangsu, China, Boston University

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!

Srijan B.

Calcutta, India, Stevens Institute of Technology

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.

Simona S.

Malta, MBA, California State University, Long Beach (CSULB)

Are you eligible for an MPOWER loan?

Undergraduate and graduate students within two years of graduating

Students attending one of the 300+ 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
NMLS ID #1233542

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. © MPOWER Financing, Public Benefit Corporation 2019 NMLS ID #1233542. 1101 Connecticut Ave NW Suite 900, Washington, DC 20036