NYU Students: Get the Student Loan that Suits You!

Checking your eligibility won’t affect your credit score!

Our Loan Features

Global

Loans offered to 180 nationalities (including the U.S.)

No co-signer

No need for guarantees, co-signers, or collateral

Flexible

Only small touch payments are required until graduation

More than a loan

Career guidance and additional services to help you succeed

Additional Benefits

Your potential matters

We look at your academic success and career potential to offer you the loan that best suits your needs

Affordable programs

Borrow up to $25,000 per academic period (for a maximum of $50,000) with fixed interest rates between 7.99% and 13.99% and loan terms of 3 or 10 years

The stuff you need

Funds are sent directly to your university to cover all school-related expenses such as tuition, housing, meal plans, or health insurance

Gradual payments

Make small touch payments while in school. Start paying back the rest after graduation

Easy and Secure Process

Hassle-free

The process is easy and 100% online. Start by taking 3 minutes to see if your program is eligible

Reliable and Secure

We provide SSL encryption so your private information is protected

The Loan Process

Application

Check to see if your school or program is eligible in less than a minute, fill out our 15 minute application, and upload your documents.



Introductory call

We call you domestically or internationally to review the MPOWER loan product and answer any questions you may have.



Pre-approval

We verify your application and send you a preliminary response within 3 business days. International students may request a pre-approval letter to support their visa application.



School certification

We connect directly and electronically to your school to certify your enrollment and the loan amount.



Final approval

You review your repayment schedule and e-sign final loan documents. Your university sets the dates of your loan disbursements.

Have Additional Questions?

Visit our support page to get your questions answered

Tell your friends about us

Receive $100 for every friend that becomes a borrower!

Refer

Enter your PayPal email or any email address you would like to be notified of your reward.

Track

Refer your friends, track the number of borrowers you’ve helped, and see your rewards

Reward

When a friend takes out a loan, you are notified. Your rewards are sent through PayPal.

© MPOWER Financing, Public Benefit Corporation

DISCLAIMER - Subject to credit approval, loans are made by Bank of Lake Mills. 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.