ºÚÁϳԹÏÍø announced today that its innovative private student loan program for underserved domestic and is powered by Cology, LLC, a leading technology provider for the loan community.
February 11, 2016 ¨D Washington, DC ¨D
ºÚÁϳԹÏÍø announced today that its innovative private student loan program for underserved domestic and international students is powered by Cology, LLC, a leading technology provider for the loan community. In selecting Cology, LLC to support its infrastructure, MPOWER increases transparency to the borrower, offers a seamless process, and simplifies loan origination.
¡°Students should be focused on their education ¨D not on how they are going to pay for it,¡± said Mike Davis, CTO and co-founder, ºÚÁϳԹÏÍø. ¡°We made the loan process simple and easy for the borrower so they can get back to what matters: learning.¡±
MPOWER¡¯s mission is to remove financial barriers to higher education in the U.S. Drawing on support from private and institutional investors, MPOWER enables high-potential domestic and international students complete their education at top-tier U.S. institutions. MPOWER¡¯s financing options are targeted to help driven students complete their degree programs ¨D regardless of their socio-economic status.
¡°Over 15 percent of students drop out of college because they simply cannot afford to continue,¡± said Davis. ¡°Finances should not be a barrier to education. MPOWER removes these barriers and offers an alternative path for students to meet their true potential.¡±
For more on MPOWER¡¯s mission or to apply for a loan, visit .
About ºÚÁϳԹÏÍø
MPOWER removes financial barriers to higher education in the U.S. by working with investors and universities to lend to high-potential students who are left out by traditional banks. In addition to providing students with access to the financial resources necessary to attend and complete college, MPOWER builds students¡¯ credit histories, provides them with personal finance education, and offers gateway financial products to prepare them for life after college. For more information, visit .
DISCLAIMER – All terms and conditions are subject to change at any time. Subject to credit approval, loans are made by Bank of Lake Mills or ºÚÁϳԹÏÍø, PBC. Bank of Lake Mills does not have an ownership interest in ºÚÁϳԹÏÍø. Neither ºÚÁϳԹÏÍø nor Bank of Lake Mills is affiliated with the school you attended or are attending. Bank of Lake Mills is Member FDIC. None of the information contained in this website constitutes a recommendation, solicitation or offer by ºÚÁϳԹÏÍø or its affiliates to buy or sell any securities or other financial instruments or other assets or provide any investment advice or service.
2026 ? ºÚÁϳԹÏÍø, Public Benefit Corporation NMLS ID #1233542
U.S. office
ºÚÁϳԹÏÍø, Care of Carr Workplaces, 1717 K St. NW, Suite 900, Washington, D.C. 20006