NorthStar is a financial services company that MPOWER partners with to facilitate loan repayment options for students using non-U.S. bank accounts to repay their MPOWER loans.
NorthStar assists MPOWER borrowers in the following :
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Automatic Monthly Payments
- Canadian Bank Accounts: Students with Canadian bank accounts can set up automatic monthly payments in Canadian dollars through NorthStar.
- Convenient Registration: To set up auto-pay, students need to register through NorthStar's platform and provide a voided check from a valid Canadian bank account.
- One-Time Payments
NorthStar also allows for one-time payments, making it easier for students from Non-U.S. countries to manage their loan repayments without the burden of cross-border transaction fees and exchange rates.
NorthStar plays a critical role in making MPOWER's financial services more accessible and manageable for international students making loan repayments from non-U.S. countries.