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Flexible funding options
Built for global citizens
Benefits beyond funding
Get an education loan without a cosigner!
At MPOWER Financing we recognize the difficulties international students from Nepal go through when it comes to studying abroad. To make your educational journey easier, we offer student loans to support your studies. We invest in you, and our loan approval criteria is based on your future potential. While you focus on your studies, MPOWER takes care of your financing.
An independent student loan that doesn’t require a cosigner or collateral. We make loan decisions based on your academic background and future capability to repay the loan.
Competitive, fixed interest rate loans from US$2,001 to US$100,000 total.
Exclusive career strategy services are available to all customers to get started on a journey abroad.
Free visa support letters, which have helped Nepali students to obtain a Form I-20.
Free online application, no prepayment penalty and free cancellation at any time throughout the application process.
You can communicate directly with the MPOWER team through email, phone or WhatsApp to receive one-stop, personal service – from consultation to application to disbursement.
*Rates as low as 9.99% (11.16% APR). This interest rate and APR includes a 0.25% discount for automatic recurring payments.
What other students from Nepal have to say
Who’s eligible for funding?
You could be eligible for an MPOWER student loan if you’re:
What we’ve achieved together
Loans approved in 2023 for students from Nepal
In education loan applications
In awarded scholarships
Eligible U.S. and Canadian schools
Eligible countries of citizenship
Trustpilot rating
How does the online
application work?
Check to see if you and your school are eligible.
Submit your online application form with a government-issued ID (i.e., passport).
Receive a conditional offer decision immediately.
Upload your documents to the MPOWER Portal.
Receive a final approval once we validate your uploaded documents. Also, we’ll provide a free digital visa support letter if you need it.
Relax while your school certifies your enrollment status. (This step is only required for U.S. schools). We’ll send you the final loan documentation to sign and then disburse your funds directly to the school.
Join MPOWER live events
Take advantage of MPOWER Financing’s weekly live events for international students in Canada and the U.S. Our team walks you through the student loan process, visa support, living abroad and much more! Additionally, at the end of each event we host Q&A sessions, where every question is valued. Connect with students like you and get your questions answered!
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.
2025 © MPOWER Financing, Public Benefit Corporation NMLS ID #1233542
 U.S. office |
 India office |
| 1101 Connecticut Ave. NW Suite 900, Washington, DC 20036 | The Cube at Karle Town Center, 9th Floor, 100 Ft, Nada Prabhu Kempe Gowda Main Road, Next to Nagavara, Bengaluru, Karnataka 560045, India |
