Let’s take a look at how MPOWER loans can help you out, depending on where your school is located:
United States
- Tuition and Fees: This covers the cost of your classes and instruction.
- Health Insurance: You can use the funds to pay for the mandatory health insurance required while you study.
- Living Expenses: This includes:
- Housing: Rent for either on-campus or off-campus living.
- Transportation: Flight charges are not funded by MPOWER; however, local transportation charges for your commute to school and back are included.
- Books and Supplies: Everything from textbooks to lab materials and other school supplies.
- General Living Expenses: Funds to help with your everyday student life.
Canada
- Tuition and Fees: Primarily focused on covering your class and instruction costs.
MPOWER sends your funds directly to the school, and it’s up to the school to determine the allocation of funds for non-approved items.
While the emphasis is mainly on tuition, please contact your school's Financial Aid Office if you plan to use the funds for anything other than tuition.