It is important to provide as many available funding sources relevant to your education; this may increase the likelihood of loan approval.

Important Tips: Financial statements must be dated within the last 90 days from the upload date. Ensure the documents are clear and legible.

Acceptable financial statements:

• Savings or investments (mutual funds, listed stocks, fixed/certificate of deposits, debentures, retirement funds, ESOPs)
• Bank statements/Letters
• Virtual wallets

Below are examples of funding sources:

• Personal Funds: Financial statements in your name.
• Scholarship or Grant Letters: If you have received scholarships or grants, provide official letters detailing the award amounts and renewal conditions.
• Sponsor Funds: (the requirements may vary based on the type of sponsorship)
  • Individual - Submit the completed MPOWER Sponsor Support Letter, their financial statement, and a valid government-issued ID.
  • Business - Provide a business ownership document in addition to the above.
  • Employer/Government - A letter of sponsorship mentioning the amount and program.
• Income Proof: If you are an intern, self-employed, or employed elsewhere, please submit pay stubs, tax returns, or employer letter(s).
• Proof of Future Employment: If you have secured a job after completing your program, please provide the job offer letter.
• Non-MPOWER Education Loans: Any education loans except MPOWER supporting your future semester(s) of your current program require documentation showing the interest rate, repayment term, outstanding balance, lending institution, and your name.