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MPOWER Financing Announces Over ₹1 Crore (US$120,000) in Scholarships for 2025 to Empower Indian Students Studying Abroad

 Formfees 22/01/2025

BENGALURU  — MPOWER Financing, a mission-driven fintech company and the leading provider of no-cosigner loans and scholarships for ambitious students worldwide, has announced its commitment to award over ₹1 crore (US$120,000) in scholarships in 2025. This initiative is designed to empower talented students from India and beyond to achieve their dreams of studying in the U.S. and Canada.

The scholarships aim to support a diverse range of students, focusing on academic excellence, leadership, and contributions to their communities. Indian students, along with other international applicants, are highly encouraged to apply. The program aligns with MPOWER’s mission to promote equal access to quality education and nurture global talent.

“We believe financial barriers should never stand in the way of a student’s potential,” said Manu Smadja, CEO and Co-Founder of MPOWER Financing. “Our scholarships reflect our mission to nurture future leaders and changemakers by providing them with the resources and support they need to succeed.”

MPOWER goes beyond financial support with its free Path2Success program for approved students, which offers career and immigration guidance to help students thrive during their studies and after graduation. According to MPOWER’s social impact report, students supported by the organization see an average 15x increase in their pre-graduation household income after securing employment in the U.S. Additionally, 75% of surveyed MPOWER students send an average of $645 (approximately ₹50,000) per month back home to support their families.

The 2025 scholarship program includes a range of awards exceeding ₹1 crore (US$120,000) for Indian and other international students pursuing graduate studies at over 438 eligible universities in the U.S. or Canada. While specific scholarships may have additional eligibility criteria, awards will primarily be based on merit, considering academic achievement, leadership skills, and community impact.

Aspiring students can visit www.mpowerfinancing.com for a complete list of scholarships and details on how to apply.

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