How to get a
scholarship
as an international student

University scholarships are a beacon of hope for international students aspiring to study in the United States or Canada. They offer a financial lifeline, reducing the burden of tuition fees and other expenses.

What are scholarships?

Scholarships are essentially financial awards given to students based on various criteria such as academic merit, leadership potential, artistic talents or even community service. They generally don’t need to be repaid, making them a highly sought-after form of financial aid.

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Types of scholarships and the application process

There are several types of scholarships for international students available. These include:

Merit-based scholarships:
These scholarships are awarded based on a student’s academic, artistic or athletic achievements. For instance, an international student with an exceptional academic record, a talented artist or an accomplished athlete could be eligible for a merit-based scholarship. These scholarships recognize and reward individual excellence in a specific area.

Need-based scholarships:
Granted to students who demonstrate financial need, need-based scholarships are designed to help international students who may not have the financial means to cover the costs of attending a university abroad. Students typically need to provide detailed information about their financial situation to apply for these scholarships.

Institution-specific scholarships:
These scholarships are offered directly by the university or college a student plans to attend. They are often based on academic merit, but some institutions may also consider factors like community service, leadership and other personal qualities. It’s important to check with the specific institution for their scholarship offerings and eligibility criteria.

Subject-specific scholarships:
Students planning to pursue a specific field of study or major can often find subject-based scholarships. A student planning to study engineering, for example, might find scholarships specifically for engineering students. Organizations or companies often fund these scholarships within their industry.

The application process for an international scholarship typically involves several steps. First, you’ll need to research potential scholarship opportunities that match your qualifications and needs and then, you’ll gather the necessary documents for your application. This often includes academic transcripts, letters of recommendation and personal essays. Each scholarship has its own application process and requirements, so be sure to follow the instructions carefully. Finally, submit your application before the deadline. It’s a good idea to apply for multiple international scholarships to increase your chances of receiving financial aid.

Remember, each scholarship has its own set of requirements and deadlines, so it’s crucial to stay organized and start early. Applying for scholarships can be time-consuming, but the potential rewards of financing education are well worth the effort.

MPOWER Financing Student Scholarships

International student scholarships designed with your needs in mind

MPOWER Financing offers scholarships for international students

Expenses are a big concern for international students when considering attending a university in the U.S. or Canada. MPOWER Financing understands the financial barriers presented by attending international universities and offers a range of scholarships specifically designed to cater to the unique needs of international students.

How to get a scholarship from MPOWER Financing

MPOWER’s foreign student scholarships support future leaders and are designed to help as many international students as possible. In addition to specific scholarships, like those for MBA students and Women in STEM, MPOWER also offers unique monthly scholarship opportunities. Each month the topic for submission changes. Past examples include “Back to School Advice” and “Embracing and Overcoming Challenges.” You can check back on the MPOWER website each month for updates.

The MPOWER Financing scholarship application process is straightforward, intuitive and designed to save you time and effort. You can apply directly on the MPOWER website, where you’re provided all the necessary information and resources in one convenient location.

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Why MPOWER?

MPOWER Financing’s mission is to support international students like you in obtaining scholarships to study in the U.S. or Canada and by sharing the expertise, resources and guidance you need to secure the financial aid you deserve.

Don’t let financial constraints hinder your academic aspirations. Apply for an MPOWER student scholarship and take the first step toward securing your international student funding today.

MPOWER Financing Student Loan

A loan based on your future earnings

FAQs


How can I find scholarships for international students?

Start by researching online and contacting the financial aid offices of the universities you’re interested in. Websites like InternationalScholarships.com and IEFA.org also provide lists of study abroad scholarships for international students.

How do scholarships work?

A scholarship is a type of financial award to support a student’s education that does not require repayment. They are typically offered by:

    • Your home country
    • Your school
    • Degree program departments
    • Nonprofit organizations
    • Private companies
    • Local community groups
    • Professional associations
Who is eligible for MPOWER scholarships?

You’re eligible to apply for an MPOWER Financing international student scholarship if you meet all of the following criteria:

    • Accepted or enrolled in a full-time degree program at an MPOWER-eligible college or university in the U.S. or Canada.
    • An international student or DACA student permitted to legally study in the U.S. or Canada.
    • Able to meet any additional criteria outlined for specific scholarships
Is it hard to get a scholarship to international universities?

Securing funding to international universities can be a competitive process. However, MPOWER offers a variety of foreign student scholarships to help as many students as possible.

Are scholarships only for top academic students?

No, while many scholarships are based on merit, there are also scholarships available based on financial need, field of study and other criteria.

Remember, the journey to securing an international scholarship requires patience, diligence and persistence. With the right approach and resources, like MPOWER, your dream of studying in the United States or Canada can become a reality. Good luck!

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.

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