Student management

MPOWER funding expands international student funding to reach over 400 universities in the United States and Canada

The innovative fintech company has extended its no-cosigner scholarship and student loan coverage to 40 other high-performing colleges and universities across North America.

WASHINGTON, May 10, 2022–(BUSINESS WIRE)–MPOWER Funding, the leading provider of student loans to promising international and DACA students, today announced that it has added 40 universities to its existing list of supported institutions. Students at these newly added institutions can immediately take advantage of MPOWER’s no-cosigner scholarships and loans to fund their higher education.

With the addition of these 40 schools, MPOWER Funding now works with over 400 leading colleges and universities in the United States and Canada.

“MPOWER has a rigorous process to determine the colleges and universities it supports, selecting only leading institutions that deliver exceptional returns on investment, meaning reasonable costs coupled with strong career outcomes for students. said Manu Smadja, CEO and co-founder of MPOWER Financing. “Our algorithm considers a range of key data points such as graduation rates, school rankings and alumni earnings.”

These recent additions include:

The Cooper Union for the Advancement of Science and Art, CUNY City College, Florida International University, Kansas State University, La Salle University; St. John’s University, Texas Tech University, Towson University, University of Alabama at Birmingham, University of Arkansas, University of Cincinnati, University of Houston, University of Idaho, University of Kentucky, University of Louisville and University of Rhode Island.

The full list of affiliated schools is included on the MPOWER website.

About MPOWER Funding

MPOWER Funding, headquartered in Washington, DC, and with employees worldwide, is a mission-driven fintech company and the leading provider of global education loans. It is the only student lender in the world that uses a proprietary algorithm to analyze overseas and domestic credit data as well as future earning potential to serve promising international and DACA students. MPOWER works with over 400 top universities to provide funding for students from over 200 countries. The MPOWER team is made up largely of former international students and provides students with personal financial education and professional support to prepare for life after school.

MPOWER was named one of the Best Workplaces, one of the Best Tech Workplaces for Diversity, and one of the American bankerthe best fintech companies to work for four consecutive years. MPOWER is backed by Tilden Park Capital Management, King Street Capital Management, ETS Strategic Capital, Drakes Landing Associates, Pennington Alternative Income Management, Zephyr Peacock, Breega, Potencia Ventures, Goal Solutions, Gray Matters Capital, Cometa, AI8, DreamIt, 1776, Village Capital, Fresco, K Street and University Ventures.

See the source version on businesswire.com: https://www.businesswire.com/news/home/20220510005039/en/

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Kelly Ferraro, River North Communications
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