Enjoy a free cruise trip and up to $600 in cash rewards

You already tell your friends about the things you love. Why not earn a bonus for it?

Refer up to 2 friends – earn $100 for each
Refer 2 more friends – earn $200 for each
Refer 5 friends – earn an extra cruise trip for two (maximum $600 value)
These bonuses can be redeemed once your friend gets final approval for a loan with MPOWER Financing. Your friend will also receive a $100 Amazon gift card!

How to earn the referral bonus?

Three easy steps!

Refer as many friends as you like by entering their names and email id below.

Your friend will receive an email from us, and they will use the link provided in the email to submit a loan application.

Both you and your friend will get the bonus (up to $1200) once their loan application gets final approval.

Refer A Friend Now!

Try out our form below

Refer your friend to MPOWER by filling out this form!

  • Your friend's nameYour friend's email address 

Clicking “share” sends a referral email with instructions to the email addresses provided above.

Referral Terms and FAQ

Check out the program details below

Last Modified:  January 15, 2019

Do I need to be a borrower in order to make a referral?
No. You don't need to be a borrower with MPOWER Financing earn referral bonuses.
Who is the "Referrer" and who is the "Referee?"
The user who is doing the referring is called the "Referrer." The individual who receives the referral invitation is called the "Referee," or "Referred Customer."
Am I eligible to make a referral?
The current referral program is open to anyone.
Do referral programs and rewards change from time to time?
Yes. We change the program from time to time. Details of the referral rewards and additional terms will be available in the referral invitation or accompanying promotional materials.
When does the current referral offer end?
The current referral program, "Enjoy a Free Cruise trip and Up to $600 in Cash Rewards" ends on December 31, 2020, at 11:59 PM EST. All applications started before this date will be considered eligible for this referral offer.
When will I receive my reward?
You will receive your referral reward within 30 days of the Referee's loan approval. For example, if your Referee's loan application is approved on November 15, 2019, you will receive your reward by December 15, 2019.
If I already have a loan application with MPOWER, can I create a new one to be eligible for the referral program?
No. The referral program applies only to individuals who have not previously registered with us.
My Referee completed the application but forgot to enter my details. Can I still claim my reward?
No. Unfortunately, we cannot offer you a reward if your details were not entered during the application process.
How will I receive my reward?
You will receive your Amazon gift cards or cruise ticket coupon via your registered email address.
If I am qualified for the cruise reward, how do I book the ticket?
We will send you a prepaid gift card of the dollar ($) amount for (cruise line name) to your registered email address, and you can book a cruise to any location at a convenient time within 1 year of receiving the offer. You might need to pay the balance if you want to go on a cruise that costs more than $600.
Is there a limit to the number of friends I can refer?
Yes. Five. We ask that you refer responsibly, and not spam your network. Referees can only earn one $100 gift card. Friends don't spam friends!
If I refer someone and they do not complete their application, will I find out?
How will you know that my friend applied as a result of my referral?
Your friend must include your name and email address during the application process.
What are the tax implications of this referral program?
If required, we will send you the appropriate tax form that you can use when filing your taxes.


MPOWER Financing, Public Benefit Corporation ("MPOWER") of 1875 Connecticut Avenue NW, Washington, District of Columbia 20009, and other affiliates (collectively, “we,” “MPOWER” or “Company”) may, from time to time, offer the opportunity to refer friends, colleagues and family to apply for an MPOWER loan (“MPOWER Referral Program” or “Program”).  Participants in the  MPOWER Referral Program are subject to MPOWER Terms of Service and Privacy Policy, as well as the following additional Terms & Conditions for the Referral Program. MPOWER reserves the right to amend the terms of the Referral Program, Terms of Service, and/or Privacy Policy at any time without prior notice. By participating in the Referral Program or any promotions similar to the Referral Program, the participant acknowledges that he/she has read and agrees to be bound by the Terms of Service, Privacy Policy, and these Terms & Conditions for the Program.


Active MPOWER clients, applicants and borrowers will be given a unique referral code to share with their friends, family members or colleagues via email as an invitation to participate in the referral program.  Users who refer are called “Referrers.” Individuals who receive a referral link are called “Referred Customers.” An “eligible” Referrer and "Referee" who is fully compliant with these Terms and Conditions may receive “Reward(s)” for every “Qualified Referral.”



To be “eligible,” a Referrer must:

  • be at least 18 years old
  • not be an employee of MPOWER or any of its or their subsidiaries, affiliates or promotional agencies, including immediate family and household members.



Referrers must respect the spirit of the Program by only referring real individuals who meet the requirements of these Terms and Conditions. Referrers cannot refer themselves. For example, a Referrer may not create multiple or fake accounts with MPOWER or participate in the Program using multiple or fake email addresses or identities.

Referrers agree not to solicit applications for MPOWER’s student loan product. Referrers also agree not to compensate, or accept any compensation from, Referred Customers in connection with such referrals. Referrers further agree that their activities will be limited to informing Referred Customers about MPOWER’s student loan product so that they may independently decide whether or not to apply for such product. Referrers may not collect information from Referred Customers for the sole purpose of completing a loan application for or assisting with filling out a loan application for the student loan refinancing product.



A Qualified Referral means that all the following conditions are met:

  • The Referred Customer completed the application process with MPOWER by selecting ‘referred by a friend’ under the ‘How did you hear about us’ drop down and using the referrer’s details. If a Referred Customer purchases or registers with the Service using any other link or method, the registration will not count as a Qualified Referral and the Referrer will not earn Credit.
  • The Referred Customer was not previously registered with the Service under any email address or alias;
  • The Referred Customer is at least 18 years old.



Rewards can only be awarded for Qualified Referrals.



Referrer and Referred Customers that have signed up using a valid information might receive a reward, which might or might not be cash or credit. Details of the referral rewards and additional terms will be shown in the referral invitation or accompanying promotional materials. Reward fulfillment details will be shown in the referral email invitation as well. Any national, federal, state and local taxes and duties are the sole responsibility of the Referrer and referee respectively.


Rewards are subject to verification. The Company may delay a Reward for the purposes of investigation. They may also refuse to verify and process any transaction Company deems, in its sole discretion, to be fraudulent, suspicious, in violation of these Terms and Conditions, or believes will impose potential liability on Company, its subsidiaries, affiliates or any of their respective officers, directors, employees, representatives, and agents.

All of the Company’s decisions are final and binding, including decisions as to whether a Qualified Referral, Credit or Reward is verified.


MPOWER Loans are available to undergraduate and graduate, domestic and international students enrolled at eligible universities. We require our borrowers be at least 18 years old or age of majority, and within two years of graduation. For more detailed information on loan eligibility, please see our FAQ page.



Referral messages should be sent only through the Referral Program as described in these Terms & Conditions. Please send your referrals only to eligible friends, and refrain from mass emailing colleagues and former classmates. Use only truthful, non-misleading statements that accurately reflect MPOWER’s Program Loans and the Referral Program when sending a referral message. Friends don’t spam friends!



You must comply with all applicable laws, regulations, and guidelines, including any applicable  “SPAM” laws. Any email you send must be created and distributed personally by you; bulk email distribution and the use of automated devices or third party services is prohibited. By participating in the Referral Program, you agree not to solicit loan applications for the sole purpose of accumulating referral bonus payments and will restrict your activities to informing personal contacts you believe would benefit from MPOWER’s loan products. Any distribution of a Referral Program link that could constitute unsolicited commercial email or “spam” under any applicable law or regulation, or that otherwise violates any restriction imposed by MPOWER, or is otherwise inappropriate as determined by MPOWER in its sole discretion, is expressly prohibited and will be grounds for immediate and permanent exclusion from the Referral Program.



MPOWER reserves the right to cancel or amend the Referral Program, including these Terms & Conditions in its sole discretion, at any time, without prior notice. MPOWER reserves the right to disqualify you from the Referral Program if any you violate any of the Referral Program’s Terms and Conditions or otherwise abuse this Program, as determined by MPOWER in its sole and absolute discretion.



MPOWER will provide a coupon with the value of 2 cruise tickets (up to $600). Students can use the coupon to book a cruise trip by themselves.

Transportation and airfare not included.

Acknowledgment stating that MPOWER Financing’s sole liability is to provide a gift card (i.e. what you do with it is on you) and is not responsible for any issues that you may encounter as a result of delay or cancellation of the cruise trip

Acknowledgement from Referrer that they have complied with all rules of this Program and agree to release and hold harmless MPOWER Financing, and their respective affiliates, subsidiaries, officers, directors and employees, media partners, printers of promotional material, promotional material suppliers, and advertising, promotion and other coordinating agencies involved in the promotion from any and all liability for injuries, losses, or damages of any kind sustained in connection with the use, acceptance, possession or awarding of Cruise Prize or participation in any Prize or related activities, including the Program generally.

Acknowledgment that MPOWER Financing has not made, and is not liable or responsible for, any warranty, representation or guarantee, express or implied, in fact or in law, relative to any Cruise Prize, including, but not limited to, its quality, mechanical condition, or fitness for a particular purpose.


© 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