Can I refinance my existing MPOWER loan? December 20, 2021 01:58 Updated No. We currently have options to refinance your home country student loan or a US-based loan with a US co-signer. You can learn more about eligible countries to refinance your student loan here. Related articles Can I refinance my student loan from my home country? What is the application process to refinance my loan? Why was my refinance application declined? Do I have to reside in the U.S. to be eligible to refinance my loan? I only need funds for the spring 2022 semester. Am I eligible for the promotion?