MPOWER offers fixed-interest rate loans to its borrowers, which provides predictability and security against interest rate volatility in loan repayments; learn how!

MPOWER loans have special fixed interest rates starting at 9.99% (10.89% APR)* if you submit your fall 2025 semester loan application by January 31, 2025. We'll calculate the annual percentage rate based on the interest rate assigned to you.

*This includes a 0.25% discount with auto pay and a 0.75% discount with our limited-time early planner promotion.

Looking for more information on interest rates and APR? 

Look no further because MPOWER offers an attractive discount on your loan payments if you are enrolled for auto payments. Learn how to enroll for auto payments!

*Rates as low as 9.99% (10.89% APR) available only for the fall 2025 semester and you must submit your application by January 31, 2025. This interest rate and APR includes a 0.25% discount for automatic recurring payments and a 0.75% discount from our limited-time early planner promotion.