Take charge of your future

Lock in our lowest rate of the year at 9.99% (10.89% APR)* for the fall 2025 semester! Apply for a loan to study in the U.S. or Canada with our fastest application to date.

Cosigner and collateral not required?

What's the catch?

There’s none! Pursuing higher education funding is both hassle-free and safe with MPOWER. We believe in investing in your talent hence, the loans are based on your future income. We support students at 400+ colleges and universities in the U.S. and Canada. If your school is eligible, you're good to apply!

Affordable
  • Loans from US$2,001 to US$100,000.
  • Fixed and competitive interest rates.
  • Earn a discount on your interest rate.

Hassle-free
  • Smooth loan approval process.
  • 400+ eligible U.S. and Canada universities.
  • Quick, conditional loan offer.
  • No prepayment penalty.
  • Funding for education and living expenses for schools in the U.S.

Additional Benefits
  • Visa support for approved loans.
  • Career guidance and support.
  • Pre-approved Zolve credit card and international bank account.

*Rates as low as 9.99% (10.89% APR) available only for the fall 2025 semester and you must submit your application by December 31, 2024. This interest rate and APR includes a 0.25% discount for automatic recurring payments and a 0.75% discount from our limited-time early planner promotion.

Who’s eligible for funding?

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

  • An undergraduate or postgraduate 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.
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We support you through school and beyond

There’s more to making your international education journey a success than securing funding. MPOWER offers scholarships and loans along with additional services designed to meet the unique needs of students and post-graduates like you.

student loan without cosigner

Financial Empowerment

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student loan without cosigner

Refinance an existing loan

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student loan without cosigner

Apply for scholarships

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student loan without cosigner

Join our career services program exclusive for MPOWER borrowers: Path2Success

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student loan without cosigner

Resources and information
for students

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What we’ve achieved together 

100%

 Digital loan application process.

2,200+

Students graduated.

200+

Eligible countries of citizenship.

400+

U.S. and Canadian schools supported.

91%

Customers who say an MPOWER
loan was key to studying abroad.

45%

First generation college
students globally.

Take the next step
towards your dream.

Apply Now

Here’s what our students have to say

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.

2024 © MPOWER Financing, Public Benefit Corporation NMLS ID #1233542

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1101 Connecticut Ave. NW Suite 900, Washington, DC 20036 The Cube at Karle Town Center, 9th Floor, 100 Ft, Nada Prabhu Kempe GowdaMain Road, Next to Nagavara, Bengaluru, Karnataka 560045, India
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