I will be getting funding from my parents and I see that they need to fill out a Sponsor Support Letter. Why?

The Sponsor Support Letter is to confirm that your parents will provide financial assistance in the amount listed and for the time period provided in the application. This can be done as a gift or a loan. By supporting you, your parents will not be considered co-signers; if you are awarded a loan from MPOWER you will be the only signer.

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