Rates as low as 10.89% APR
Apply NOW to get an early bird discount on fall 2025 interest rates! Offer ends Dec 31 ‘24
I love the fact that MPOWER has a relationship manager, who reaches out to you. You can ask them any specific question that you want
The George Washington University
I hope my story can serve as a source of motivation for students all around the world to pursue their dreams. They should know that they can count on MPOWER to turn those dreams into reality.
University of Michigan
I was actually surprised that the application process was very seamless, really impressed by how fast the process was. You'll get the best rates, and even the terms of loan are very favorable to you as a student. So, I encourage everybody to take advantage of MPOWER.
Johns Hopkins University
I was able to complete my education and move ahead in my career because MPOWER was able to support me financially.
Purdue University
With MPOWER, my payment plan is spread over 10 years. It’s very convenient for me. I can pay at my ease. There is no pressure. I already know how much I’m paying monthly, which is not gonna change.
The George Washington University
Why choose an MPOWER loan?
Do I qualify for a loan?
You may be an ideal MPOWER customer if you are:
Planning or currently studying abroad
Admitted or attending one of the 400+ MPOWER approved school in the U.S. or Canada
Pursuing post-grad degree in STEM or business
Not you? No problem – we work with potential students across the globe, coming from different degrees and backgrounds
How does the online
application work?
Check to see if you and your school are eligible.
Submit your online application form with a government-issued ID (i.e., passport).
Receive a conditional offer decision immediately.
Upload your documents to the MPOWER Portal.
Receive a final approval once we validate your uploaded documents. Also, we’ll provide a free digital visa support letter if you need it.
Relax while your school certifies your enrollment status. (This step is only required for U.S. schools). We’ll send you the final loan documentation to sign and then disburse your funds directly to the school.
Find your interest rates and terms
Terms
Other considerations
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*Rates as low as 9.99% (10.89% APR) available only for the fall 2025 semester and you must submit your application by December 31, 2024. This interest rate and APR includes a 0.25% discount for automatic recurring payments and a 0.75% discount from our limited-time early planner promotion.
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.
2024 © MPOWER Financing, Public Benefit Corporation NMLS ID #1233542
 U.S. office |
 India office |
| 1101 Connecticut Ave. NW Suite 900, Washington, DC 20036 | The Cube at Karle Town Center, 9th Floor, 100 Ft, Nada Prabhu Kempe GowdaMain Road, Next to Nagavara, Bengaluru, Karnataka 560045, India |