Financial Aid Newsletter

March - Issue #12

Welcome to the Financial Aid Newsletter for International and Study Abroad Students brought to you by, and

In this month’s newsletter we remind you that there are no application deadlines for our international student loans, we reveal the recipients of the & MPOWER Central American Scholarship Awards, share two additional scholarships you might be interested in and we tell you everything you need to know about loans for international students in Canada.

The International Financial Aid Team


No Application Deadlines for Student Loans

If you're approaching the end of your course, or just going through your budget for the rest of the academic year and find that you’re in need of some additional financing to get you through, remember: There are no application deadlines for private international student loans!

If you are eligible it can take up to 6 weeks to be approved, so don’t leave it until it's too late! & MPOWER Central American Scholarship Winners!

Natalie Paetau

First Place Recipient: Natalie Fahsen Paetau, Guatemala, Georgetown - A former research director of FUNDEGUA in Guatemala, Natalie convened a patient safety symposium with Guatemala Ministry of Health and Duke University and created a STEM program for 400 Guatemalan students.

Honorary Award: Reynaldo Pena, El Salvador, Georgia Tech - Reynaldo was an intern at an agricultural lender in El Salvador, where he saw the exorbitant rates charged to small farmers. He teamed up with Amherst College to teach Salvadoran farmers more efficient farming and cooking techniques and has continued to work in microlending. He wants to use Data Analytics to start a social enterprise to provide lower-cost, risk-based loans to small farmers in El Salvador.

Honorary Award: Cindy Marin, Nicaragua, Hult International Business School - Cindy co-founded a business in Nicaragua called Arte Natural, which involves 10 families in making handmade, sustainable personal care products. Cindy is hoping to use her International Marketing degree to grow and scale the business.

Two More Great Scholarship Opportunities

Use your spring break to win a scholarship! Explore our scholarship search tool and apply for great awards like the MPOWER Financing's Global Citizen or Women in STEM scholarships.

The Global Citizen Scholarship (up to $5000) has been designed to be as broad as possible to match the broad, diverse experiences of international students. Students majoring in any field at a qualifying school in the U.S. or Canada may apply.

The Women in STEM Scholarship aims to support female STEM students at qualifying schools in the U.S. and Canada. In the words of MPOWER's CEO Manu Smadja, "It's critical for us as a society to have a meaningful representation of women shaping the science and technology of tomorrow." Applicants will be required to apply with supporting essays.

Loans for International Students in Canada

One of our most frequently asked questions is this:

"I'm an international student in Canada - am I eligible to apply for a loan?"

That's no surprise because over half a million international students study in Canada each and every year. And if you're enrolled at one of the growing number of eligible schools and meet the lender's criteria the answer is YES - you are eligible to apply for a loan!