While how much you can borrow will depend on several factors of your application, MPOWER offers a loan up to US $100,000.
Here's a detailed breakdown:
• Per School Term: You can borrow between US $2,001 and US $50,000 for each academic period (semester, quarter, or trimester). If you’re applying for a full year, you can request up to $100,000.
• Total Borrowing Limit: The maximum you can borrow from MPOWER is US $100,000, which is the lifetime borrowing limit.
• Need more money for another term? You can apply for more than one loan; click here to know more, but your total borrowing limit still applies.
• Remember: The approved amount may differ from your requested amount.