MPOWER MBA Scholarship

Are you an international student aspiring to pursue an MBA in the United States or Canada? The MPOWER MBA Scholarshipis a prestigious opportunity designed to support high-achieving students in their academic and professional journeys. This scholarship empowers international and DACA students by providing financial assistance to help them excel in their careers and make a meaningful impact in the global business world.

About MPOWER MBA Scholarship

MPOWER Financing, a mission-driven organization, is dedicated to supporting international students by providing funding without requiring a cosigner or collateral. The MPOWER MBA Scholarship is specifically tailored for students enrolled in an MBA program in the U.S. or Canada. This scholarship aims to recognize outstanding leadership potential, academic excellence, and commitment to creating positive social impact.

Scholarship Summary

• Level of Study: Master’s (MBA)
• Institution(s): Accredited U.S. and Canadian institutions
• Study in: United States, Canada
• Courses Offered: Master of Business Administration (MBA)
• Program Duration: Varies by institution
• Deadline: Around July

Scholarship Benefits

The MPOWER MBA Scholarship provides financial aid to help cover tuition and educational expenses. The benefits include:

• Grand Prize: $5,000
• First Runner-Up: $2,000
• Second Runner-Up: $1,000
• Funds can be used for: Tuition fees and other academic expenses

Eligibility Criteria

Applicants must meet the following criteria:

• Be admitted to, or enrolled in, a full-time MBA degree program at a U.S. or Canadian school that MPOWER supports.
• Be an international student permitted to legally study in the U.S. or Canada, as applicable:
  • For study in the U.S.: The applicant must meet one of these criteria:
    • Has a valid visa that permits study in the U.S., or
    • Is protected under the Deferred Action for Childhood Arrivals (DACA)
  • For study in Canada: The applicant must meet the following criteria:
    • Has a valid Canadian study permit
• U.S. citizens studying in the U.S. and Canadian citizens studying in Canada are not eligible for this scholarship.

For the complete eligibility criteria, visit Eligibility for MPOWER MBA Scholarship.

Step-by-Step Application Process

Follow these important steps to apply for the MPOWER MBA Scholarship:

1. Prepare Required Documents:
   • Proof of enrollment or admission letter from an eligible MBA program.
   • Statement of purpose detailing career goals, leadership experience, and impact vision.
   • Résumé/CV highlighting academic and professional achievements.
   • Optional: Additional letters of recommendation.
2. Complete the Online Application:
   • Visit the official MPOWER website.
   • Fill out the scholarship application form accurately.
   • Attach all required documents.
3. Submit Before the Deadline:
   • Ensure all sections of your application are completed.
   • Review your application for errors before final submission.

Tips for a Strong Application

• Start Early: Gather required documents and prepare your statement well in advance.
• Highlight Leadership Potential: Showcase how you have demonstrated leadership in academics, work, or community service.
• Be Authentic: Write a compelling personal statement that reflects your vision and passion for business and societal impact.
• Seek Strong Recommendations: Choose referees who can provide detailed insights into your academic and professional journey.

Why Choose MPOWER MBA Scholarship?

MPOWER is committed to making higher education accessible for international students. Unlike traditional lenders, MPOWER provides funding without requiring a cosigner or collateral, making it a great choice for students who may not have access to traditional financial aid options. This scholarship further supports their mission by rewarding exceptional students with financial assistance to ease the burden of tuition costs.

Apply Now

To learn more about the MPOWER MBA Scholarship and submit your application, visit the official MPOWER Financing website. Don’t miss this opportunity to advance your business education and create a lasting impact in your field—apply today!

Explore more opportunities to support your educational journey by checking out our other scholarship blogs.