Studying abroad is a huge financial commitment; securing the right loan can make all the difference. MPOWER Financing specializes in providing loans tailored specifically for international students, with benefits you won’t find with traditional Indian lenders.
Fund your education
Live your dream.
To date, MPOWER has funded more than 17,000 students globally in more than 400 universities in U.S. and Canada.
MPOWER vs. Indian Lenders
MPOWER FINANCING
TYPICAL INDIAN LENDERS
No Co-Signer Required
Yes (Loans based on your profile and future potential)
No (Need someone from the family to bear the risk for your loan)
Loan Approval Based on
Future Earning Potential
Current Assets or collaterals & co-signers Income
Interest Rates
As low as 9.99%(10.89% APR) for Fall 2025 students
Higher, typically 12-14% APRs, including misc charges not disclosed by the lender (loan insurance, forex charges, upfront processing fees)
Loan Disbursement
Direct to University in USD or CAD
INR (leads to an additional 0.5-1% forex charges on the loan amount)
Repayment Start Date
Interest-only payments while in school and six months after graduation (Helps you keep the total amount paid to be lower)
Regular EMIs after Graduation (6-month grace period)
Repayment begins in the grace period for some lenders. For most lenders, repayment starts after the grace period (The interest accumulated during the grace period gets added to your principal post-graduation, and you end up paying more interest and principal than you initially disbursed)
Flexible Loan Terms
Yes, it is designed for international students (US$2,001 - US$100,000 range) Can disburse the loan for the specific academic year, resulting in interest only on the funds you have disbursed
Less flexibility (Need to disburse the complete loan at once, increasing the total interest paid)
Application Process
100% digital. No need to visit any branches or any physical paperwork
Might need to visit the bank or provide documents that require a lot of verification and are tedious. Added costs for doc verification.
MPOWER vs. Indian Lenders
Watch this video to learn how
MPOWER Financing helps students
like you achieve their U.S. education dreams
without the usual financial stress
Apply for an MPOWER Loan Today
Are you ready to fund your U.S. education with a loan designed just for international students? Get started now and see how MPOWER Financing can support your journey.
With MPOWER, you get access to competitive interest rates, no co-signer requirements, and flexible repayment options—perfect for your U.S. study journey. Don’t wait—apply now!
