MPower Student Loans
Fund Your Education, Live Your Dream. Apply now for a loan to study in the U.S. or Canada and make your study abroad plans a reality!
Introduction
A private student loan that doesn’t require a cosigner or collateral. Build U.S. credit history through on-time payments, and never face a prepayment penalty. In just 30 seconds, see if you’re eligible to apply. Secure your loan faster than ever with MPOWER’s quickest application yet, available worldwide. Apply today for funding!
Features
Fixed-rate loans from US$2,001 to US$100,000 total at competitive interest rates with up to 0.25% in interest rate discounts. Plus – we don’t mind if you have loans from other lenders; you can still apply for an MPOWER loan! From our lightning-speed application process to our seamless disbursement, we have you covered. Free visa support letters, exclusive career strategy services, and the potential for a conditional loan offer in a matter of days.
| Application | |
| Who is Eligible - Option 1 |
An undergraduate or graduate student within 2 years of graduating or about to begin a 1-year or 2-year program.
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| Who is Eligible - Option 2 |
An international student, DACA recipient, U.S. citizen, refugee, or asylum-seeker.
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| Who is Eligible - Option 3 |
Admitted to or attending one of our 500+ approved schools in the U.S. or Canada.
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| Loan Amount |
$2001 - $100 000
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| Interest Rates |
Competitive rates starting at 9.99% (11.16% APR).
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| Interest Rates Type |
Fixed, which means your rate won’t change
and your payment will remain the same even in a rising interest rate environment
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| Prepayment Penalty |
None
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| In School Payment |
Interest-only payments while in school and for six months after graduation.
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