If you are an MPOWER borrower living outside the United States, you might be responsible for paying additional amounts besides the principal and interest on your loan. Here's what you need to know:

Tax on Payments: Depending on the country where you live and work, local laws may require you to pay a withholding tax on the payments made to MPOWER. This tax is paid directly to your country of residence in addition to your regular monthly payments to MPOWER

Ways to Manage Additional Repayment Obligations

• Consult with Local Authorities: To understand your country's tax obligations, consult with local tax authorities or a tax professional.
• Plan Financially: When planning your budget and financial repayments, account for these potential additional costs. Ensure you have enough funds to cover your MPOWER loan repayments and any required taxes.

By being aware of these potential additional responsibilities, you can better manage your finances and ensure compliance with local tax regulations while repaying your MPOWER loan.