Loan Application & Approval Process
Learn more about the loan application process and what happens after your loan is approved.
How to Apply
- Can I take a loan for my family member or friend?
- How long does it take to get a loan with MPOWER?
- I'm having trouble filling out the application.
- How do I update or edit my application?
- What is the application process?
- How do I apply for more than one loan?
Application Status
Required Documentation
- What documents and personal information should I have prepared when applying?
- What financial documents do I need?
- What school documents do I need?
- Are test scores required?
- Where can I find MPOWER provided forms?
- I have a question about my proof of address, resume, ID or immigration related document.
Credit Reviews
Approval
School Certification
Cancellation
Disbursement
- Can I request to hold the disbursement/funding of my loan off?
- What is disbursement?
- How is the loan disbursed?
- When will MPOWER send the funds to my school?
- Where can I find the date my funds will be sent to my school?
- How are the funds for books, insurance, and other living expenses disbursed?