You can apply for an MPOWER Financing loan up to 12 months before your program starts, whether you’re applying to, accepted at or already enrolled in an MPOWER-eligible school.
To apply for an MPOWER loan, you’ll need your passport and information about your program. Once submitted, you’ll upload additional documents to your MPOWER Portal to validate your current financial situation and needs.
MPOWER offers loans ranging from US$2,001 to US$50,000 per academic period with a lifetime limit of US$100,000.
*Rates as low as 9.99% (10.89% APR). This interest rate and APR includes a 0.25% discount for automatic recurring payments.
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.
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