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MPOWER Financing Special Series International Scholarships 2022/2023
Through the MPOWER Financing Special Series International scholarships, the company provides outstanding and driven students enrolled in undergraduate or graduate degree programs with a chance to further their studies. This summer, MPOWER will give $8,000 USD to 12 international students to help them pursue their academic goals.
Manu Smadja and Michael Davis established Mpower Financing in 2014. Both had struggled to pay for their school in the US, and they met in 2009 at INSEAD in Paris as they pursued their MBAs. With Harvard serving as its first university partner, the firm made its official debut in May 2015. Zephyr Peacock India helped Mpower Financing secure $6 million, according to an announcement made in October 2016.
In 2018, Mpower launched its Canadian international student loan program at 12 universities across Ontario and British Columbia. That same year, Mpower added a scholarship program, the Mpower Global Citizenship Scholarship. Four awards are given per year, each one amounting to $5,000.
As of April 2019, it was reported that Mpower Financing had received over $1 billion in loan applications.
Eligibility criteria for the MPOWER Financing Special Series International Scholarship
To be eligible, the applicants must meet all the given criteria:
- Be admitted to, or enrolled in, a full-time degree program at the U.S. or Canadian school that MPOWER supports, and
- Be an international student permitted to legally study in the U.S. or Canada, as applicable:
- For study in the U.S., this means that the applicant meets one of these criteria:
- Has a valid visa that permits study in the U.S., or
- Is protected under the Deferred Action for Childhood Arrivals (DACA)
- For study in Canada, this means the applicant must meet the following criteria:
- Has a valid Canadian study permit
Eligible Countries: International
Type: Undergraduate or Graduate
Value of Award: Up to $8,000
Number of Awards: 12
The award can be taken in the USA and Canada
Method of Application: To start the application process, all students must fill out an online application form.
Deadline MPOWER Financing Special Series International Scholarships 2022
Last Friday of the month. Upcoming dates: July 29, 2022; August 26, 2022.
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