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How to get Mpower international student loans to study in US and Canada

Do you know you can get Mpower international student loans to study in US and Canada? You can actually get a loan to study in other European countries as well.

Studying in the US without a scholarship can be hard but with Mpower Scholarships and loans any student can now study as an international student in US and Canada.

Mpower provides students with the needed funds to achieve their study abroad dreams. If you want a loan, you o not need to be worried because Mpower does not  require a cosigner or collateral since they believe in your future potential.

Globally, Mpower has been known as the best way through which international students get the needed financing or scholarship to attain their dreams.

The Mpower international student loans is an easy and affordable way to fund your education on your own.

READ: How to Become a Rhodes Scholar With Full Scholarship In The US

Mpower international student loans: What Mpower offers in terms of loans, scholarships and support for students whose education they finance

  • Loans from US$2,001 to US$100,000
  • Fixed and competitive interest rates that will never increase
  • 0.25% interest rate discount with automatic payments
  • Quick conditional loan offer
  • No prepayment penalty
  • Students supported at 400+ U.S. and Canadian schools
  • Visa support
  • Career development guidance and resources on the topics that matter most to international students.

READ: NSS service personnel paid GH¢155 instead of GH¢715.57: Facts Checked

Who’s eligible for an MPOWER funding?

You could be eligible for an MPOWER student loan if you’re:

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  • An undergraduate or graduate student within 2 years of graduating or about to begin a 1-year or 2-year program.
  • An international student, DACA recipient, U.S. citizen, refugee, or asylum-seeker.
  • Admitted to or attending one of our 400+ approved schools in the U.S. or Canada.

READ: 2024 Rhodes Scholarship: Application Process, Requirements Plus Over $80,000 Yearly Stipend

MPOWER student loans provide benefits beyond funding for every type of student:

  • No fees paid out-of-pocket, pay nothing until your first interest-only loan payment
  • Fund up to 100% of education expenses, including living expenses for schools in the U.S.
  • Get visa support, career services, and build your U.S. credit history by making on-time payments

How to apply for the MPOWER international students loan

To apply go here: APPLY NOW

Find your interest rates and terms for the Mpower international student loans here

Terms
Fixed interest rate before discount
(This is fixed for the life of the loan.)
As low as 12.99% (13.98% APR)
Interest rate discount0.25% for signing up for autopay
Fixed interest rate after discount
(This is fixed for the life of the loan.)
As low as 12.74% (13.72% APR)
Interest rate typeFixed – This means your rate won’t change and your payment will remain the same even in a rising interest rate environment.
Term10-year repayment
In-school paymentInterest-only payments while in school and for six months after graduation. 

“Note: The interest-only period is capped to a maximum of 30 months from the date of disbursement.”

Prepayment penaltyNone
Other considerations
Building U.S. credit historyYes  Timely repayment of your MPOWER student loan builds credit history.
Collateral or cosignerNever required
Visa support letter (to obtain I-20 from your school)Free
Career servicesFree 
Global paymentsFree – Pay from anywhere, anytime

 

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