Curious about how MPOWER disburses funds for your non-tuition needs? Here's what you need to know:
For U.S. Schools:
- Tuition payment: MPOWER disburses the loan amount directly to your school. These funds primarily cover your tuition costs.
- Books, insurance, and living expenses: Any remaining funds, after tuition is covered, are allocated for books, insurance, and living expenses. You can access these funds by consulting your school’s Financial Aid Office.
For Canadian Schools:
- Tuition payment: Most schools in Canada restrict disbursements to only tuition fees. MPOWER can support only the invoice billed amount from the school.
- Books, insurance, and living expenses: These expenses may not be covered by your school.