Education loan for Pakistanis for your study abroad dreams

MPOWER Financing offers student loans in Pakistan for postgraduate study in the U.S. and Canada without requiring any collateral or cosigner. These education loans are based on your future potential.

You can start your student loan application in Pakistan even before receiving your I‑20 or official school acceptance letter. MPOWER Financing offers conditional approval for eligible students, allowing you to secure your education loan early and strengthen your visa application. Once your school acceptance from an MPOWER-eligible school is finalized, you can move forward with the final education loan approval.

No, MPOWER Financing does not require any collateral or cosigner. This makes an MPOWER education loan an ideal option for students in Pakistan seeking a student loan for postgraduate study in the U.S. or Canada at eligible universities without putting family assets at risk. It’s a wholly unsecured education loan for international students, approved based on your future earning potential and academic track record.

To get a student loan in Pakistan for studying abroad, follow these simple steps with MPOWER Financing:

1. Check your eligibility: You must be a Pakistani student admitted to, or enrolled in, an MPOWER-eligible university in the U.S. or Canada. If eligible, you can continue your application right online – no need for a cosigner or collateral.
2. Upload required documents: Submit proof of admission, ID documents, academic history and financial information.
3. Get conditional approval: Even before your I‑20 or offer letter is finalized, you can receive early conditional approval, pending validating documents.
4. Finalize your loan: Once your admission is confirmed based on your documents, you’ll receive full approval and disbursement will be made directly to your school after you have enrolled and your visa is uploaded.

MPOWER offers a fast, transparent way to secure an education loan for studies at eligible universities in the U.S. and Canada, even for students with no collateral and no cosigner.

To apply for a postgraduate education loan in Pakistan for studies at MPOWER Financing-eligible universities, you’ll need:

1. Admission or enrollment in an eligible U.S. or Canadian university
2. Proof of identity, such as your passport
3. Academic documents: transcripts, test scores or degree certificates
4. Proof of income (if any) is optional, but helpful for evaluation

As a reminder, MPOWER does not require a cosigner or collateral, making it ideal for students seeking student loans with no credit or cosigner.

MPOWER Financing offers up to US$100,000 in total funding for eligible students. Specifically:

1. You can borrow up to US$50,000 per academic period. 
2. The actual amount depends on your school’s certified cost of attendance and your financial need.

You should apply for a student loan in Pakistan for postgraduate studies abroad as early as possible, ideally right after receiving admission to a U.S. or Canadian university. With MPOWER Financing:

1. You can apply before receiving your I‑20 or final offer letter (conditional approval available).
2. Applying early helps you plan finances, secure your visa and avoid last-minute stress.
3. Loans are disbursed directly to your school just before your classes begin.

Starting early ensures that when you receive final approval, you will lock in your education loan and be able to focus on your studies abroad.