Students studying in Canada can use our loans for tuition and students studying in the U.S. can use our loans to cover 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. We send your funds directly to your school, so it's up to your school to provide the appropriate funds to you. Some schools may not accept funds for non-school approved items.

MPOWER loans can't be used to pay school application fees; students need to be enrolled at an eligible school before their loan application can be approved.