Students at supported US and Canadian schools
Students at supported US and Canadian schools
International lender · 🇺🇸 USA
MPOWER Education Loan for the USA
How MPOWER Financing's education loan works for Indian students heading to the USA — limits, collateral, rates and what a typical USA loan costs to repay.
- US$2
- As low as 9.99% fixed
- Example: ₹79 lakh for USA
- We compare 2–3 lenders
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Quick answer
Is MPOWER a good choice for an education loan for the USA?
Fixed-rate, no-cosigner loans for the US and Canada. MPOWER lends for the USA: US$2,001 to US$100,000, as published by MPOWER for Indian students. A typical USA master's on our data (UF, ₹91 lakh – ₹1.06 crore) needs about ₹79 lakh; at 10.5% over 10 years the EMI is about ₹1,06,599 a month.
Ask on WhatsAppUpdated · Reviewed by the Visa Edu Loans admissions & finance desk
Official sources: MPOWER Financing — loans for Indian students
MPOWER for the USA
- Loan amount
- US$2,001 to US$100,000, as published by MPOWER for Indian students
- Without collateral
- No collateral and no co-signer — based on academic potential and the school
- Collateral
- None
- Co-applicant
- Not required
- Interest rate
- As low as 9.99% fixed (10.89% APR, including a 0.25% autopay discount), as published by MPOWER
- Repayment
- Repayment terms as per the offer, starting after a grace period
- Processing
- Online application; decisions are usually quick
Official terms
What MPOWER publishes
Quoted from MPOWER's own website, checked on 9 November 2026. Lenders revise these often; your sanction letter is final.
Official source: MPOWER Financing — loans for Indian students — rules change; always confirm current requirements.
Repayment
EMI on a ₹79 lakh loan for the USA
Fit
When MPOWER suits a USA plan
No property and no co-signer
No property and no co-signer
Watch out
MPOWER says it has reached funding capacity and is temporarily unable to offer new loans for 2026 — join its waitlist and line up a second lender
- Get the sanction letter before applying for the F-1 student visa
- Make sure the sanction covers the funds the visa requires
- Tuition is paid to the university; living costs to your account
- Keep the disbursement schedule aligned with your intake
FAQs
Frequently asked questions
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Ask a counsellor directly — we reply on WhatsApp during working hours (Mon–Sat, 9 AM–6 PM IST).
US$2,001 to US$100,000, as published by MPOWER for Indian students
No collateral and no co-signer — based on academic potential and the school
As low as 9.99% fixed (10.89% APR, including a 0.25% autopay discount), as published by MPOWER. Fixed.
Explore
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