At MPOWER, they believe that they are not just expanding access to higher education.
They are also creating globally minded, multi-lingual, culturally competent graduates poised to take on the world’s most pressing problems in science, technology, business, and public policy. In recognition of the extraordinary potential of these students, they have created the MPOWER Global Citizen Scholarship.
About MPOWER Financing
Mpower Financing is a public-benefit corporation whose stated mission is to reduce the financial barriers to international education.
It is based in Washington, DC, with an office in Bangalore, India. It was founded by Manu Smadja and Michael Davis in 2014, both of whom attended INSEAD in Paris where they met.
Mpower Financing offers its student loans to students who cannot typically qualify for a loan from other banks or lenders unless they have a co-signer or collateral. Mpower Financing lends to students who are within two years from graduation.
Students who benefit from these services typically are international students or domestic students whose parents do not have the credit history to cosign, as well as recipients of DACA.
Mpower Financing’s services are available at 350 university and college programs as of March 2018.Around 90% of its borrowers are in graduate school.
Benefits
Requirements
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Applicant must be accepted at, or enrolled in, a full-time degree program at a U.S. or Canadian school that MPOWER supports, and
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Be an international student allowed to legally study in the U.S. or Canada, as applicable:
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For study in the U.S., this means that the applicant meets one of these criteria:
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Has a valid visa that permits study in the U.S.
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Is protected under the Deferred Action for Childhood Arrivals (DACA)
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Is a U.S. permanent resident (Green Card holder)
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For study in Canada, this means the applicant meets one of these criteria:
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Is a Canadian permanent resident
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Has a valid Canadian study permit
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Interview date, Process and Venue for MPOWER Global Citizen Scholarship
Winners will be selected based solely on their essay submission. MPOWER will select winners based on:
- The quality of the applicant’s essay; the essay should demonstrate clarity of thought, a compelling goals and vision, and superior communication skills in English.
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The extent to which there is a clear nexus between the applicant’s intended field of study and his/her goals and aspirations; and
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The applicant’s potential as a scientist, entrepreneur, leader, and/or change-maker who will make a positive impact.
How to Apply
Application Deadline
July 15, 2023
visit MPOWER website for more details.
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