MPOWER Social Impact

MPOWER Financing is a Public Benefit Corporation, which means we are dedicated to making a positive impact in the world. 

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Social impact is at the heart of our business

We’re expanding access to education for the world’s highest-potential students – one international student loan at a time. We enable the doctors, lawyers, scientists, engineers, CEOs, and politicians of tomorrow to realize their full potential today.

Founded and operated by a dedicated group of global citizens

63% of our U.S.-based staff are either immigrants and/or from a racial minority group

⅔ of our employees are from countries outside of the U.S.

Our U.S.-based staff collectively speak 15 languages

Eight years of impact, eight years of growth

Here’s a glimpse of what we’ve learned along the way:

Funding is the biggest barrier for students seeking a global education.
Our international student loans enhance campus geographic and socioeconomic diversity
MPOWER students have contributed US$363 million to 300 universities
Our international student loans are crucial for women in STEM fields
Our scholarships have been particularly valuable to our international students

Download our social impact report

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How we empower our students

No-cosigner, no-collateral credit model based on potential, not wealth

International student scholarships in addition to loans

Free visa support letters

Customer service tailored to the needs of international students

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MPOWER’s social impact, by the numbers

5000+

 students graduated

200+

  eligible countries of citizenship

46%

 of students come from families with an annual income of US$12,000
or less

45%

 of students are first-generation college students

43%

 of students are women

91%

 of students indicate that an MPOWER loan was key in their ability to study abroad

Scholarship spotlight

Since 2018, we’ve supported international and DACA students with the scholarships and support they need to soar academically. Check out our past winners’ inspiring stories.

SRIJAN B.

Calcutta, India
Stevens Institute of Technology

Read Full Story

When Srijan started his degree program at Stevens Institute of Technology, financial struggles—and worries about burdening his family—kept Srijan up at night. Now, with MPOWER’s help, he’s finishing his degree and starting a great job in financial services. And instead of burdening his parents, his job will enable them to retire early!

SIMONA S.

Malta
MBA, California State University, Long Beach (CSULB)

Read Full Story

Born in Libya to Czech and Slovak parents, and raised in Malta, Simona is the epitome of a global citizen – and her career, which has included setting up Maltese operations for a Czech start-up, reflects that. Faced with a funding shortfall that imperiled completion of her degree, Simona turned to MPOWER. Now, she’s on track to graduate and pursue a career in healthcare.

SUMEI X.

Jiangsu, China
Boston University

Read Full Story

Sumei worked as a technical support specialist for Citibank in Shanghai, but the opportunity to improve her English and “see the world” led her to an au pair position in New York City. She later decided to pursue a Master’s degree in computer science in the U.S. but found her savings woefully inadequate. MPOWER came through with a loan, and Sumei now has a great internship as a software engineer!

Kayleigh R.

Cape Town, South Africa
Boston University

Read Full Story

When Kayleigh realized that a Master’s in the U.S. would cost four times her undergraduate degree in South Africa, she didn’t know how she would pay for it. But then she came across MPOWER. Now, she’s a computational biologist at the world’s largest private cancer center, devising ways to make cancer treatments safer, particularly for children.

“Education is the most powerful weapon which you can use to change the world.”

Nelson Mandela

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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.

2022 © MPOWER Financing, Public Benefit Corporation NMLS ID #1233542. 1101 Connecticut Ave NW Suite 900, Washington, DC 20036