Anyone finalised mpower financing for loan?

Sanctioned Amount - 90K USD
Approved Amount - 50K USD

1. If I apply for an additional 10K USD for first year can I re apply for other 30k for next academic year?

2. If I got a part time and could afford my living expenses after 3 or 4 months can I repay partial amount back so that I can save some amount in interest?

3. Again Can I apply for the Tuition Aid for the next academic year?

4. Disbursement Process - for the first academic year I've took 50K USD... my 1st semester fee is 26K USD....so will I get the 24K USD back to me or will it get paid for next semester too..?

5. If I wanted to pay back a partial amount....will intrest per month be reduced after the 1st repayment..?

Please do comment or DM..!!

Thanks in advance

#mpower #mpowerfinance

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Anyone finalised mpower financing for loan?

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