Yes! MPOWER offers education loans to international students without the need for a cosigner or collateral. These loans cover tuition and living costs.
Private international student loans: These are the most common and most popular option for an overseas education loan. Many private education loan providers require collateral, or they may require a cosigner – a U.S. or Canadian citizen who promises to repay the loan if you cannot. However, several companies offer study loans without collateral or cosigners, like MPOWER Financing.
Home country loans: You may find student loans for studying abroad from banks, financial institutions or the government in your own country. If you’re eligible, these loans may be a good option if the interest rates and repayment terms are favorable.
University loans: Some educational institutions have loan programs designed to help international students. However, these typically won’t cover the full cost of your education and you may need to combine them with other loans.
How do I apply for an MPOWER education student loan?
Begin by checking your eligibility on MPOWER’s site where most approved applicants are postgraduate students pursuing a STEM or MBA program. Once eligibility is confirmed, then complete MPOWER’s online application. Once conditionally approved, upload supporting documents for final review.
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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 India office |
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