Many people are unaware that it is possible to relocate to any country of your choice for study, even if you don’t have the required amount or zero balance in your bank account.
In this post, I am excited to share with you a step-by-step guide and process to make your dream of studying in Canada and the USA possible with this information.
Many of you have been searching online or asking friends how to get loan to study abroad but because they do not know or have the ideas, the right answer was not given to you.
The good news is that I am guiding you in this post on how you can register with MPOWER Financing even though you don’t have any money and be able to relocate to your dream country for Study. But let us begin by knowing about MPOWER Financing.
What is an MPOWER Financing
MPOWER Financing is a private lender that provides education loans for international students pursuing higher education in the US and Canada. They offer loans to students without a cosigner or collateral. Their loans are available for undergraduate level (last 2 years, i.e., 3rd and 4th years), master’s level, and PhD. This includes international students, DACA recipients, U.S. citizens, refugees, or asylum-seekers.
MPOWER can provide full funding ranging from $2,001 to $100,000, with a maximum of $50,000 per academic period. These education loans are granted based on the future earning potential of the student. The total lifetime borrowings from MPOWER cannot exceed $100,000.
MPOWER loans offer benefits beyond funding for every type of student. They provide visa support, career services, and also help you build your US credit history. Students do not need to pay out of their pocket; they pay nothing until their first interest-only loan. MPOWER will fund 100% of your education expenses, including living expenses. With numerous benefits, they provide compelling reasons to support your decision to relocate for your study.
How to Apply to University or College in Canada/USA and Relocate with Zero Balance in Your Bank Account
Now that we have discussed what MPOWER Financing is all about, you might be wondering which schools you’re eligible to apply to in order to qualify for this opportunity.
MPOWER Financing has partnered with more than 400+ universities and colleges in Canada and the USA. You can CLICK HERE to select those schools that offer your course of study and apply to secure your admission.
To qualify for your student loan, you also need to have the supporting documents for your MPOWER application. Here is the list of supporting documents for your applications.
How to Apply for MPOWER Financing Loan
Completing your MPOWER Financing application is a simple process if you have the necessary documents.
- Start your application on the MPOWER Financing page, and then enter your full details.
- Continue with your educational qualifications, check if your information is correct, and click on Submit.
Note: MPOWER Financing provides funding to relocate with your family for study. All you have to do is apply to one of the schools they have partnered with and secure your admission to be eligible for the loan that will cover all your expenses without spending any amount from your pocket.
MPOWER also offers various scholarships, which you can check out HERE.
For more details about MPOWER Financing, visit the Official website to learn more about the repayment process.