Welcome Colleges and Universities

We’re not like the other lenders – join us in empowering the next generation of global citizens!

Learn how we’re different

Want to work with us?

MPOWER Financing by the numbers

Over $500 million in loan applications processed

Supports 300+ schools

Loans offered to 190+ nationalities (including the U.S.)

Fixed rate loans from $2,001 to $50,000 with up to 1.50% in interest rate discounts

What’s new?

Are Past-due Balances Keeping Your Students From Continuing Their Studies?

Students on every campus run the risk of not being able to re-enroll for fall classes due to past-due balances. For graduates, an outstanding balance may prevent a student from receiving their diploma. For university personnel in the Bursar’s Office, Financial Aid, or the Business Office, the month of September is particularly active. Most students are back to continue their studies, but those with past-due account balances are unlikely to have returned to your campus.

MPOWER Financing launches first scholarship!

We have exciting news! We are thrilled to announce our first (of many) scholarships – the MPOWER Global Citizen Scholarship.

We will award three $1,000 scholarships to international and DACA students studying or planning to study in the U.S. The application is simple and can be completed in 30 minutes or less. We invite your students to apply and encourage you to share with anyone you know who could use a little extra money to help with school.

6 Ways MPOWER Supports Our University Partners

Here at MPOWER, we’re more than just a private student loan lender. Whether you’re from Admissions, Financial Aid, Bursar, the International Student Office, or elsewhere, we’re here for you. Take a look at the various ways we help you better serve your international and DACA students.

Your support team

Here to answer all your questions

Lutz Braum

Lutz Braum

VP of Marketing and Business Development

Carmen Kienow

Carmen Kienow

Director of University Relations

Who is eligible for an MPOWER loan?

Undergraduate and graduate students within two years of graduating

Students attending one of the 300+ schools we work with

Students from 190+ countries, including DACA recipients, refugees, asylum seekers, and U.S. citizens

What are the benefits for students?

Bold with unwavering Integrity

U.S.-based

Headquartered in DC with U.S.-based University Relations and Customer Success teams.

Committed to Excellence and Inclusion

No restrictions on majors

Eligible students pursuing degrees in any academic field are welcome to apply.

Compassionate and Data-Driven

Helps student borrowers build U.S. credit history

Building a U.S. credit history may help your students secure an off-campus apartment or car purchase.

Committed to Excellence and Inclusion

No prepayment penalty

There is no penalty for students who repay part or all of their loan.

Compassionate and Data-Driven

Visa support letters

Upon credit approval, MPOWER can issue support letters to assist your students with the visa process… free of charge!

Bold with unwavering Integrity

Path2Success

Our supplemental career strategy services program offers free resume review, networking opportunities, mock interviews and more!

What are the benefits for universities?

We understand the challenges universities face while working to protect international enrollment and diversity on campus. Why are international students important to colleges and universities?

Cultural diversity on campus leads to a more tolerant and vibrant student experience

Economic benefit to the university’s community (direct spending and job creation)

Increased tuition revenue and contribution to scientific and technical research

Prepare domestic students to be better equipped for global careers

Want to work with us?

Download our brochures

What documents do students need to apply?

We require a combination of the following documents:

  • Resume
  • Past university transcript
  • Current university transcript or admission letter
  • Standardized entrance exam scores or waiver note
  • Most recent invoice from university or a university financial summary
  • Employment letter or pay stub
  • Address verification
  • Identification verification
  • I-20 (when available)

We support 300+ schools across North America

Use the map below to browse the programs we currently support.
To see a list of schools that we work with, click here.

Search for your school:

© MPOWER Financing, Public Benefit Corporation
NMLS ID #1233542

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. © MPOWER Financing, Public Benefit Corporation 2019 NMLS ID #1233542. 1101 Connecticut Ave NW Suite 900, Washington, DC 20036