With the rapid economic development in China, more and more people buy houses and cars through loans, but few people can accept loans for studying abroad. The reason why people are reluctant to take loans to study abroad is that the concept of studying abroad loans is still very new. Many China students don't even know this option, so it's a pity to give up studying abroad early. For those students who have obtained the offer from North American universities but are suffering from financial difficulties, they can try to apply for a loan for studying abroad from Mpower, an American public welfare enterprise.
MPOWERFinancing has the following characteristics:
● Support more than 400 colleges and universities in the United States and Canada, regardless of major, and provide financial proof for students to apply for i20 and follow-up visas.
● There is no need for collateral and guarantor, and the application threshold is lower than that of banks.
● Each person can apply for a maximum of $6,543,800+,and the maximum loan amount per semester is $50,000.
● The loan interest rate is fixed, which will not increase the interest rate due to changes in global interest rates, making it convenient for borrowers to arrange their own funds.
● Before graduation, you only need to pay interest every month, and after half a year of graduation, you will start to repay with interest.
● Repayment on time can establish American credit history.
● The operation is very convenient and simple, and the process is fully digital. The whole application can be easily carried out through web pages or mobile phones.
Second, how about studying with a loan?
All right! According to their own conditions, reasonably control the loan amount and be thrifty.
Third, how about studying with a college loan?
I think college loans are good under certain circumstances, which can reduce the burden on your family and make your studies better. However, after the loan, you can strive for the shortest time. If you leave the university for too long, the interest will be calculated from the day you leave, so you must have good adaptability and try to get a loan.