I received an offer for a loan amount lower than the one I applied for. Why?

MPOWER considers an applicant's existing and future debt needs to complete their education. If you receive a conditional offer from MPOWER for a lower amount than for which you applied, this is the maximum loan amount that can be offered that meets MPOWER's risk thresholds.

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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.