Yes, you can request to hold your MPOWER loan disbursement. This is available until MPOWER starts the process of sending funds to your school. Here's how to do it:
- Notify your school: If you wish to delay your loan disbursement, notify your school immediately.
- Log in to your MPOWER Portal.
- Enter your credentials: Log in using your registered email and password.
- Manage my loan: Navigate to the "My Loans" section and click "View Details" or “Complete Now” on the corresponding loan card to edit or update it.
- On the next page, click on “View details” and scroll to the bottom of the page.
- Request a delay: At the bottom of the page, you’ll find the link “Hold my loan”. Click on this.
- Select the disbursement you’d like to place a hold on and click Next.
- Select a relevant reason for requesting the hold and click Next.
- Review and submit your request for our team to review and process.
By following these steps, you can adjust the timing of your loan disbursement to fit your needs.
If your plans have changed and you want to defer your loan application, click here to learn more.
