Studying in the United States is a dream for many international students, but the high cost of tuition, living expenses, and other fees can make it seem impossible. However, there are options available to help finance your education, such as the MPOWER Student Loan.
MPOWER is a financial institution that provides student loans to international students studying in the United States. MPOWER’s mission is to empower students from around the world to achieve their academic and career goals, regardless of their financial circumstances. In this article, we will explore how MPOWER can help make your dream of studying in the US a reality.
Who is eligible for an MPOWER Student Loan?
Table of Contents
MPOWER provides student loans to international students who are studying at eligible universities in the United States. To be eligible, you must be enrolled in a full-time undergraduate or graduate program and have a valid US co-signer. MPOWER loans are available to students from over 200 countries and territories, and there is no minimum credit score or cosigner requirement.
How does the MPOWER Student Loan work?
MPOWER offers loans of up to $50,000 per academic year, with repayment terms of 10 years. The interest rate on MPOWER loans is fixed and can range from 7.99% to 13.99% depending on the loan amount and repayment term. There are no prepayment penalties, and you can defer repayment while you are still in school.
To apply for an MPOWER loan, you will need to submit an online application, along with supporting documentation such as proof of enrollment and your co-signer’s financial information. MPOWER’s application process is fast and straightforward, and you can receive a decision in as little as one week.
Why choose MPOWER?
MPOWER is an excellent option for international students who may not have access to traditional student loans in the US. MPOWER understands the unique challenges that international students face when it comes to financing their education and offers flexible loan options and competitive interest rates.
In addition to providing loans, MPOWER also offers resources and support to help international students succeed in their academic and professional endeavors. MPOWER offers career coaching, networking opportunities, and access to exclusive job postings to help you achieve your career goals after graduation.
Conclusion
Studying in the United States can be a life-changing experience, and with the help of the MPOWER Student Loan, it can also be an affordable one. With loans of up to $50,000 per academic year, flexible repayment options, and competitive interest rates, MPOWER is a great choice for international students who want to pursue their academic and professional dreams in the US.
If you’re an international student looking to finance your education in the US, consider applying for an MPOWER Student Loan today. With MPOWER, you can focus on your studies and achieve academic success without worrying about the financial burden.