If you need to update the financial information listed on your initial application, please complete the Financial Plan Template. The template is available in the Student Resources section of your MPOWER dashboard.
Cost of Attendance
A school invoice is required only if you have already begun your program. If you have not begun your program, you can usually find an estimate in your school acceptance packet or on the school website. It's ok if you don't yet have an exact tuition bill.
Supporting evidence of funds
In order for funds to be considered, they must be currently available. For example:
- If you include a scholarship, you must already have documentation showing the scholarship was or will be awarded to you.
- If you include income, you must provide a pay stub or job offer letter.
- If you plan to sell personal property, you must have already sold the item and show the funds in a bank account - we do not take collateral.
Please ensure all financial statements are dated within the last 30 days and show the account holder's name. If a friend or family member is providing funds, the statement must show their name. You will also need to submit their government-issued photo ID and a Sponsor Support Letter. The Sponsor Support Letter can be found on your MPOWER dashboard under Student Resources. Note that this sponsor is not responsible for the repayment of your loan.
Copy of existing debt
This is only required if you have existing loans, credit cards or other debts. If you do have existing debt, the documentation should show the interest rate, repayment term, lending institution, and your name.