You can qualify for a student loan with fixed-interest rates between 7.99% (8.89% APR¹) and 13.99% (14.97% APR¹). These will be the maximum rates and will never increase. However, if you qualify for all the discounts offered by MPOWER, your rate will range between 6.49% (7.53% APR²) and 12.49% (13.63% APR²). Repayment Terms¹²