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  3. Borrowing Amount

Borrowing Amount

All MPOWER loans are U.S. dollar loans. If you are attending a school in Canada, the university will receive the funds in Canadian Dollars following conversion, but your loan will still be in USD.

  • What can MPOWER Loans be used for?
  • How much can I borrow?
  • I am not sure how much I need to borrow. What is an appropriate amount to request?

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DISCLAIMER - Subject to credit approval, loans are made by Bank of Lake Mills or MPOWER Financing, PBC. Bank of Lake Mills does not have an ownership interest in MPOWER Financing. Neither MPOWER Financing nor Bank of Lake Mills is affiliated with the school you attended or are attending. Bank of Lake Mills is Member FDIC. None of the information contained in this website constitutes a recommendation, solicitation or offer by MPOWER Financing or its affiliates to buy or sell any securities or other financial instruments or other assets or provide any investment advice or service.