MPOWER Loans can be used for all school education-related expenses, including but not limited to tuition, books, meal plans, housing, and health insurance. Please reach out to your school's Financial Aid Office if you plan to use the funds for anything other than tuition. Funds are sent directly to your school, so it is up to your school to provide the appropriate funds to you. Some schools may not accept funds for non-school approved items.

Because you must already be enrolled at an eligible school before your loan application can be approved, an MPOWER Student Loan can not be used to pay school application fees.