If you’re an international student who is planning to study in the United States or Canada and need financial assistance, MPOWER Financing is an excellent option for you. MPOWER Financing is a private lender that provides study loans to international students who want to pursue higher education in the United States or Canada. In this article, we will guide you on how to apply for an MPOWER study loan.
What is the eligibility for Mpower study loan?
- If you are studying in any of the accredited universities already, you must be within 2 years of graduating or about to start a 2 or 1-year program.
- As an international student, you must have applied and been offered admission by any of the accredited universities.
- If you are a US citizen, DACA recipient, refugee, or asylum seeker, you can apply for the loan.
How to apply for Mpower study loan
1) Visit mpowerfinancing.com.
2) Click on login on the page. Then click on register to create an account.
3) An email link will be sent to your inbox. Click on the link to activate the account.
4) Use the details of the account you have created to log in.
5) Click on “Get a loan” and fill in all the required information.
6) Upload necessary documents to the site’s dashboard.
7) Watch the intro video and complete a brief assessment.
Final loan Approval
Upon the validation of your uploaded documents and final approval, you will be offered a visa support letter if you request it.
Loan Disbursement
At this stage, you are advised to hold on while your university confirms your enrollment status. Once this is addressed, your loan will be disbursed directly to your school on the date the school requests it is done.
In conclusion, MPOWER Financing is an excellent option for international students who need financial assistance to pursue higher education in the United States or Canada. To apply for an MPOWER study loan, you must first check your eligibility, create an account, complete the application, wait for approval, and receive the funds. With MPOWER Financing, you can achieve your academic goals without worrying about financial constraints.
