How are the funds for books, insurance, and other living expenses disbursed?

MPOWER will send the disbursed amount requested directly to your school. Then, it is up to your school to allocate the funds accordingly. Please contact your financial aid office for more information about how this process works.

Generally, the school will first apply the funds towards your outstanding bill, and the balance will be sent to you via check.

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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.