Apply for the MPOWER International Scholarships for MBA Studies in US and Canada
The MPOWER organization is providing a grand prize scholarship of $10,000 and two honorable mention scholarships of $2,000 to international students interested in studying for their Master of Business Administration (MBA) degree in the US or Canada. This scholarship opportunity is exclusively available for international students pursuing an MBA degree program.
Mpower Financing offers student loans to those who might not typically qualify for a loan from other banks or lenders without a co-signer or collateral. The company serves international students and domestic students whose parents do not have the credit history to cosign, as well as DACA recipients. As of March 2018, Mpower Financing’s services are available at 350 university and college programs, with 90% of borrowers being in graduate school.
In July 2017, Mpower Financing’s services became available in all 50 states through a partnership with the Bank of Lake Mills, and the company announced a $100 million debt round to provide more student loans in August of the same year. As of February 16, 2017, it was reported that Mpower Financing received over $150 million in loan applications, and in the summer of 2017, the company started working with credit reporting agency Nova Credit to simplify the application and underwriting process for international applicants.
In 2018, Mpower launched its Canadian international student loan program at 12 universities across Ontario and British Columbia, and added a scholarship program, the Mpower Global Citizenship Scholarship, which gives out four $5,000 awards per year. As of April 2019, Mpower Financing had received over $1 billion in loan applications.
Eligibility Criteria for the MPOWER International Scholarships:
- Admitted to or enrolled in a full-time MBA degree program at a US or Canadian school supported by MPOWER
- An international student legally permitted to study in the US or Canada
- Holding a valid visa that allows study in the US or a valid Canadian study permit
- Possession of a bachelor’s degree certificate with outstanding academic achievement
- Demonstrating a good level of written and spoken English
Type of Award:
Value of Award:
- Grand Prize: $10,000
- Honorable Mentions (2): $2,000
- Total Number of Awards: Up to three
July 15, 2023
To apply, all interested students must complete an online application form.
These scholarships provide financial support to students who are committed to furthering their education and experiencing the world on a global scale. Whether you’re just starting your academic journey or looking to study abroad, these scholarships can help make your dreams a reality. Don’t miss out on this opportunity to receive support and further your education while gaining a global perspective. Click below to apply for the MPOWER International Scholarships now and take the first step towards a brighter future. Apply today and make your academic dreams a reality with the MPOWER International Scholarships!