Study in Canada & US with an International Student Loan

As the demand for student loans among Nigerian students who aspire to study abroad continues to rise, this follow-up article focuses on those who are specifically interested in pursuing their education in Canada & US with the help of an international student loan.

While the previous article provided a general overview of available loan companies and their offerings, this piece takes a more targeted approach, providing relevant information for those interested in studying in Canada & US and exploring international student loan options.

Canada and the United States of America are renowned for their diverse and welcoming environment, and studying there offer many benefits, including the post-graduation work permit (PGWP) for Canada and the optional Practical Training for the United States of America. These permits allows international students to stay in these two countries for up to three years after graduation to gain work experience, which can eventually help you in obtaining permanent residency.

However, studying in Canada and the United States can be expensive, making student loans an increasingly popular option for those who can’t afford it. After conducting extensive research, we have identified MPOWER FINANCING as the most suitable loan company for Nigerian students planning to study in Canada.

MPOWER FINANCING

After conducting thorough research on available loan companies, we have determined that MPOWER FINANCING is the best and most reliable international student loan company for Nigerian students who wish to study in Canada & US.

Their loan application process is straightforward and free, with a responsive team that deals with your application within a short time frame. You can request a loan to cover your tuition, accommodation, living expenses and study materials, they provide support letters to assist with your student visa application. Additionally, MPOWER FINANCING offers immigration resources to help students obtain employment opportunities during and after their studies.

MPOWER private student loans are available to international undergraduate and graduate students who are within two years of graduating or about to begin a one or two-year program at one of their partner institutions. To secure a student loan with MPOWER FINANCING, you must first apply and be admitted to one of their approved universities in Canada and US

Canadian Schools Supported by Mpower Financing

1. University of Ottawa
2. Brock University
3. Carleton University
4. Lakehead University
5. McMaster University
6. Northeastern University of Canada
7. Dalhousie University
8. Queens University at Kingston
9. University of New Brunswick
10. Toronto Metropolitan University (Formerly Ryerson University
11. Trent University
12. University of Alberta
13. University of Calgary
14. University of Guelph
15. University of Lethbridge
16. University of Manitoba
17. University of Saskatchewan
18. University of Toronto
19. University of Victoria
20. University of Waterloo
21. University of Windsor
22. Western University – University of Western Ontario
23. Wilfrid Laurier University
24. York University

U.S Universities Supported by Mpower Financing

Click here for list of Schools in the US

THE PROCESS WITH EDUVISION NETWORK SERVICES – WHAT WE WILL DO FOR YOU

Eduvision Network Services provides a three-stage process to help international students secure a student loan with MPOWER FINANCING and study in both Canada and the United States. The process is designed to be efficient and stress-free for the students.

Admission

The process starts with securing admission to one of MPOWER approved institutions. We will match you with the most suitable University approved by MPOWER FINANCING based on your academic qualification and your preference. We will apply and secure admission for you.

Loan Application

After securing admission for you, our expert team will carefully fill out your loan form and submit a loan application for you. We have a team that understands the loan application process, we understand what MPOWER FINANCE expects and we will submit the best loan application possible for you. The loan takes between 5 to 10 working days to get approved.

Visa

After the loan is approved, the next stage is the visa application. The process is passed on to our visa team who will take your admission letter, your loan contract letter and other necessary documents and submit a visa application for you.

This whole process could take between 4 to 6 months depending on how fast the university issues your admission letter and how long it takes IRCC to process your visa.

Academic Requirement

For Canada Mpower only supports Master Degree. They used to support post graduate certificates and Diplomas but that stopped on the 1st of March, 2024. To get into any master program in Canada you need a minimum of 70% (Upper Second Class) in your bachelors degree.

For the United States, you also have more options when you graduate with a minimum of Upper Second Class. There are options for people with lower second class, but the options are limited

Want to Study Abroad? We specialise in Admission, Loan and Visa Applications for Study Abroad Programs