There are three key steps to help you calculate how much you need:
- First, add up your total education expenses. Including tuition, fees, books, supplies, living expenses, and health insurance.
- Next, add up all your funding sources, such as personal funds and scholarships, that you can use towards your education. Maximize your funding by reviewing the funding you have access to.
- Subtract #1 from #2. The remaining amount is what you need to borrow. To learn more about MPOWER borrowing limits, please click here.
