MPOWER Monthly Scholarship Series – Scholarships for International Students in USA and Canada

Location: United States and Canada

Program: Undergraduate and Postgraduate

Eligibility: International Students and DACA Students

Duration: Awarded monthly

Deadline: Last Friday of Each Month

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MPOWER Financing proudly presents its Monthly Scholarship Series, awarding a total of US$36,000 annually to assist 36 international scholars in realizing their educational aspirations. This recurring scholarship initiative provides international and DACA students multiple opportunities throughout the year to secure financial support for their studies at supported institutions across the United States and Canada.

MPOWER Financing, established in 2014 by two international students, operates as a Public Benefit Corporation with a dedicated mission to eliminate financial obstacles facing international learners. The organization understands firsthand the challenges international students encounter when financing their education and has created comprehensive scholarship programs addressing these needs. Beyond providing student loans, MPOWER demonstrates commitment to educational access through various scholarship offerings that don’t require repayment.

The Monthly Scholarship Series operates on a straightforward principle: each month brings a fresh theme and renewed opportunity for students to compete for funding. On the first day of every month, MPOWER announces the scholarship theme, and applications remain open until the final Friday of that month. This structure provides twelve distinct chances annually for students to submit applications, significantly increasing their odds of securing financial assistance during their academic journey.

Benefits of the Scholarship

This scholarship will provide the following support to recipients:

First-place award of US$1,000 applicable to tuition, fees, or expenses at the winner’s institution
Two additional awards of US$1,000 each for runner-up recipients
Total annual distribution of US$36,000 supporting 36 students throughout the year
Monthly application opportunities providing twelve chances annually to secure funding
Flexible fund usage toward tuition costs, academic fees, or educational expenses
No repayment obligation as scholarships constitute grants rather than loans
Recognition of academic dedication and personal journey as an international student
No requirement to be an MPOWER borrower or loan applicant
Other benefits

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Eligibility Criteria

To be eligible for this scholarship, applicants must:

Be accepted at or enrolled in a full-time degree program at a school MPOWER supports in the United States or Canada
Be an international student or DACA student permitted to legally study in the United States or Canada
For study in the United States, meet one of these criteria:
- Hold a valid visa permitting study in the U.S., OR
- Be protected under DACA (Deferred Action for Childhood Arrivals)
For study in Canada, hold appropriate study permit or visa allowing legal enrollment
Have visa stamped in passport by the scholarship application closing date
Meet any additional criteria specified for particular monthly themes
Not be required to be an MPOWER borrower or loan applicant

Note: Kindly check the official webpage for full and detailed requirements

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Selection Criteria

All eligible and valid entries are reviewed by MPOWER, with finalists selected based on criteria such as essay quality, clear connection to field of study, potential for positive impact, academic dedication, personal journey as an international student, and vision for meaningful future impact; a panel of three judges then evaluates these finalists to determine the scholarship recipients.