Watch this BEFORE you apply for any student loans | Avoid the mistakes | Prodigy vs Mpower

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  • Опубликовано: 27 янв 2025

Комментарии • 183

  • @frankmwenda40508
    @frankmwenda40508 2 года назад +64

    I applied for Progigy Finance for 3 schools but they denied approval for all. Later, I applied to Mpower Financing and they approved my loan application. Now I am completing my Fall semester at the University of Kentucky. I am pursuing MSc Supply Chain Management. Originally from Nairobi, Kenya.

    • @efyanana7017
      @efyanana7017 2 года назад +2

      Pls How much loan did mpower approved for you?

    • @frankmwenda40508
      @frankmwenda40508 2 года назад +5

      @@efyanana7017 I needed approximately $50K and that's what I applied for. They approved the full amount.

    • @efyanana7017
      @efyanana7017 2 года назад

      Wow that’s great ✊

    • @thetraveler4520
      @thetraveler4520 2 года назад +1

      Hello Frank... I see your program is 1yr and a STEM. How can one contact you?

    • @efyanana7017
      @efyanana7017 2 года назад

      Pls how many days did it take to get approve @Frank

  • @khondwanibanda5537
    @khondwanibanda5537 6 месяцев назад +6

    For me, I tried both MPOWER and Prodigy. And i must say MPOWER is the best. I began applying to both at the same time, my COA was $36,126 for Michgan Technological University, MPOWER approved my loan of $45,675. As for Prodigy, they could only offer me $19,200 and requested that I fund the deficit. Btw, my field is in STEM - Engineering Management.
    At the moment, I am preparing for my F-1 interview scheduled for October.

    • @cyn_thia2264
      @cyn_thia2264 3 месяца назад

      Please did prodigy ask you to pay 100$ processing fee?

    • @deborahsakala6645
      @deborahsakala6645 24 дня назад

      Wow congratulations

  • @johnsonajayi7846
    @johnsonajayi7846 2 года назад +9

    Mpower should have 1 for the repayment term since paying while in school reduces the total cost of interest.

    • @DaydreamerKev
      @DaydreamerKev 8 месяцев назад

      What happens if u default on the interest only repayment during ur studies?

  • @FirstXperience
    @FirstXperience Год назад +1

    Mpower can approve max of 50k per academic Year... Maximum of 100k per student.
    E.g 25k per year for a bachelor's degree of 4yrs
    or 50k per year for a 2yr course.
    But you gotta service interest while in school.

  • @olabisiisaac1978
    @olabisiisaac1978 Год назад +4

    I don’t think prodigy gives loan to Nigerians who still live in Nigeria. I applied for Prodigy twice but was denied. I later applied for Mpower and got 76,000 usd without collateral and personal savings.

  • @efyanana7017
    @efyanana7017 2 года назад +13

    Per what I researched, Mpower approves up to $100,000

    • @frankmwenda40508
      @frankmwenda40508 2 года назад +5

      You are right. Mpowe Financing approves a maximum of $100K. However, I needed $50K and that's what I applied for. I hope I answered your question Efya

    • @okegbilesegun7607
      @okegbilesegun7607 2 года назад +1

      Do i need upfront payment before i can apply for any of the loan???

    • @efyanana7017
      @efyanana7017 2 года назад

      Yh well answered thanks 🙏

    • @efyanana7017
      @efyanana7017 2 года назад +1

      Pls you don’t need any upfront payment before applying..thanks

    • @okegbilesegun7607
      @okegbilesegun7607 2 года назад

      @@efyanana7017 thank you

  • @Okwism.O3GroupofCorp.Inc.
    @Okwism.O3GroupofCorp.Inc. Год назад +2

    Thank you very much for your incredible video. I appreciate it a lot. Your pitch is top-notch! Keep up the excellent work!

  • @BartholomewChibuye
    @BartholomewChibuye Год назад +2

    Does a student loan cover flight payments from ones country to the another. Example from any country in Africa to the United states.

  • @irsaatta1926
    @irsaatta1926 Месяц назад

    Health insurance cover is included in mpower finance amount?

  • @sallyinga9532
    @sallyinga9532 2 года назад +2

    How do you show POF with student loan at the embassy

  • @quinnsasy1078
    @quinnsasy1078 Год назад +2

    Please is the 13% rate monthly or yearly

  • @MarkMohamedkamara
    @MarkMohamedkamara 3 месяца назад

    After you guradrate you will pay your Lon at once ands for all let's me know thank you

  • @irsaatta1926
    @irsaatta1926 Месяц назад

    Do mpower n prodigy finance also covers health insurance n flight fares?

  • @Mr.vibe_s
    @Mr.vibe_s Год назад

    No loans available for undergraduate going a stem bachelors degree course?

  • @jefferson6103
    @jefferson6103 2 года назад +4

    Do you have to apply for the loan once you reach the US or you can apply in your country

  • @faisalhudu7679
    @faisalhudu7679 Год назад +3

    Mpower now provides loan up to $100,000. Great video. Nice voice😩

  • @RutaSignorita
    @RutaSignorita 6 месяцев назад +1

    Hello Madam !
    I am Ruta Ashenafi .It was interesting while I was hearing your explanation about the options of loans. So now what i want to ask is I am already filled the application format given by Mpower but still they send me the same application format . Was my application has botle neck? if any, can you help me what i am going to do or make me clear the next step .

  • @ZKCONCEPT
    @ZKCONCEPT Год назад +1

    thank you for the information Doyin, please I want to know if while requesting for a loan, am i required to request for the money i need for one academic year or can i request for the entire duration of my 2 years course.

  • @lilianujunwaoki9136
    @lilianujunwaoki9136 Год назад

    You have earned yourself a follower here .

  • @esumobigodswill8874
    @esumobigodswill8874 Год назад

    I mean do prodigy support Saskatchewan polytechnic in Canada

    • @irsaatta1926
      @irsaatta1926 Месяц назад

      No I didn't find it in their list😢bcz I also want to apply for the same

  • @nwachukwufrancis9007
    @nwachukwufrancis9007 Год назад +1

    Am curious, what if yiu get tha admission and a loan but not a visa

  • @omotolami
    @omotolami Год назад +1

    I tried applying for prodigy but university of Manitoba is not there 😢

  • @bethelchukwukere1723
    @bethelchukwukere1723 2 года назад +3

    I secured a fully funded two-year research master's program at the memorial university of newfoundland for fall semester of 2022. my acceptance letter only stated the funding for one year and states that the funding can be renewed for the second year if i maintain my eligibility( i don't know what they mean by maintaining eligibility).
    i applied for study permit in may 2022 with a sponsor's account statement of about CAD$15,000, it was rejected on the basis of insufficient fund. i applied again in July 2022 with about CAD$12,000 in my personal savings account and a sponsor's account statement of about CAD$22,000, yet it was again rejected on the same reason of insufficient funds.
    i deffered the admission to fall semester of 2023, and new admission letter has been issued.
    i have checked mpower, prodigy and lendwise to see if i can apply for a loan to support my next study permit application. mpower is the only one that supports my school but mpower is saying that i am not eligible for the loan when they checked my eligibility.
    please does anyone know any other organization i can apply for a loan or grant to support my next application? i really need to go for this graduate program, as i have longed for it and prepared for it, but finance seems to be an obstacle.
    Thank you as i will appreciate every response and advise.

    • @ejikemeonuoha3272
      @ejikemeonuoha3272 Год назад +2

      First of all to maintain eligibility means you must perform excellently as per better GPA for u to be qualified or maintain the scholarship award. 2ndly, you are also supposed to present your scholarship letter to the embassy as your pof.

  • @joyogene6004
    @joyogene6004 Год назад +1

    I kindly want to know if progidy or mpower can support with loan for someone who wants to study business analytics in Canada.
    Kindly help with your response.
    Thank you

  • @joyogene6004
    @joyogene6004 Год назад

    I am really enjoying your content, please I would like to know if prodigy finance supports BSC programs

  • @AbduhakimAliMohamed
    @AbduhakimAliMohamed Год назад +1

    Do you know loan providers with no interest payment until graduation but accepts students going for bachelors or ISA loans that don't have interest at all since I am a Muslim. Prodigy you can pay all the loan before graduation nopenalty and no interest

  • @nelsonmayo8856
    @nelsonmayo8856 Год назад

    New subscriber. The Infor was very useful

  • @mathewogunremi
    @mathewogunremi Год назад

    Do these loan companies finance international students in colleges?

  • @osaroosazuwa9365
    @osaroosazuwa9365 Год назад

    Good evening. Pls is MSC in Social Work eligible to apply for loan from mpower and progigy? Thanks

  • @chukwudiokeke3990
    @chukwudiokeke3990 Год назад +1

    What of international students to Australia, which one will u recommend

  • @bsqtrading5242
    @bsqtrading5242 Год назад

    Do u have any information about "8B education investment"?

  • @stiny2022
    @stiny2022 7 месяцев назад

    You can apply for schools through Prodigy website?

  • @ikponmwosak.eno-ekhator7235
    @ikponmwosak.eno-ekhator7235 Год назад +1

    Hello, thanks for the information God bless 🙏🏾... I was asked to put referral code for prodigy.... Can I get yours please

  • @enitanibrahim319
    @enitanibrahim319 Год назад

    hello, good afternoon, does bsc as dependant for canada, bcos my wife is trying to apply on M power

  • @francisfloyddoe5059
    @francisfloyddoe5059 6 месяцев назад

    Thank you.

  • @esumobigodswill8874
    @esumobigodswill8874 Год назад +1

    Please Madam do prodigy support Saskatchewan polytechnic

  • @abayomi6474
    @abayomi6474 Год назад +2

    Please are there any other loan options aside prodigy and empower?

  • @vivianadobea7609
    @vivianadobea7609 2 года назад

    Please does Prodigy accept all public schools in America?

  • @tijaniabdulrazaqlaide2562
    @tijaniabdulrazaqlaide2562 Год назад +1

    Pls what company give student loan for students who want to study in Australia

    • @CeeEkeoma
      @CeeEkeoma Год назад

      Pls what company gives student loan for students who want to study in Ireland?

    • @Cannabis-256
      @Cannabis-256 7 месяцев назад

      Prodigy

  • @17le
    @17le 2 года назад +1

    After getting to the Us in my first year can I apply in my first month for mpower loan.because I have a deficit of 28000 every year.Am going for Bsc nursing.

  • @braidhairinc5583
    @braidhairinc5583 2 года назад +1

    Hey doyin, how can one access the money for living expenses from the loan agencies because they only send to the school

    • @frankmwenda40508
      @frankmwenda40508 2 года назад +7

      The school will take the tuition fee and deposit the excess to your bank account account. You will need to provide the school's financial aid office with your bank details

    • @oluwasijibomielizabethale4287
      @oluwasijibomielizabethale4287 2 года назад +1

      Good Question

    • @doctorlovable
      @doctorlovable Год назад

      Does anyone know how long it takes for the school to send the excess back to you

    • @ejikemeonuoha3272
      @ejikemeonuoha3272 Год назад

      @@frankmwenda40508 will the school only take tuision fee for a term or the whole year assuming you took a loan for your tuision for a year

    • @frankmwenda40508
      @frankmwenda40508 Год назад +1

      @@ejikemeonuoha3272 Fees are on yearly basis

  • @opeyemiajoke2502
    @opeyemiajoke2502 2 года назад

    Thanks for the information
    Please do Mpower gives loan to students going to Canada for study???

  • @oluwatosin2790
    @oluwatosin2790 2 года назад

    Plss,which one can help with school in Australia.

    • @tj0397
      @tj0397 Год назад

      Prodigy, I researched and found out its the only one with wide range of countries to support. But you will be limited to the courses and the schools they support in australia

  • @akpen8694
    @akpen8694 Год назад +1

    They finance associate degrees or not 😭😭💔?

  • @bernardkoe4941
    @bernardkoe4941 Год назад

    does mpower provide loans for diploma programs? I’m not seeing that option on their website😢

    • @twt882
      @twt882 Год назад

      I think only in Canada

    • @proudlyibibio6501
      @proudlyibibio6501 Год назад

      Hello
      Have you been able to find fundings for diploma programs, I have been searching nonstop found no clues

    • @bernardkoe4941
      @bernardkoe4941 Год назад

      @@proudlyibibio6501 still no.

  • @AshrafulIslam57199
    @AshrafulIslam57199 9 месяцев назад

    Which organisation provide international study loan for Australia masters of social work?

    • @obandevictor4637
      @obandevictor4637 4 месяца назад

      Were you able to find any? I've been searching for same but haven't been able to come up with any

    • @irsaatta1926
      @irsaatta1926 Месяц назад

      Prodigy

  • @rachealabena7696
    @rachealabena7696 2 года назад

    Can I apply for the loan before I move to the USA

  • @lilianujunwaoki9136
    @lilianujunwaoki9136 Год назад

    I need your help please

  • @Bunmi103
    @Bunmi103 10 месяцев назад

    I study economics in Nigeria, and I wish to have my master in business administration in Germany. Which platform is the best to apply for?

  • @adeolaoke4165
    @adeolaoke4165 2 года назад

    What of Quorum

  • @Jaqdoe
    @Jaqdoe 7 месяцев назад

    I feel your review of these loans options is one sided because a lot of things are incorrect when it comes to the Mpower loan

    • @Doyindoccom
      @Doyindoccom  6 месяцев назад +1

      I'm glad you have the accurate / updated information you need. All the best with the process.

  • @adekolaayodele4782
    @adekolaayodele4782 Год назад +1

    Mpower gives up to 100k now

  • @ucheprecious1628
    @ucheprecious1628 2 года назад

    Please am applying into a Canadian university and my course is 4yrs. Can Mpower give me a loan?

    • @ucheprecious1628
      @ucheprecious1628 2 года назад

      @matrichall6204 please is there any other loan bodies that can sponsor a 4 years undergraduate program

    • @yungburna7g
      @yungburna7g Год назад

      @@ucheprecious1628please someone should give us an answer.

  • @danielagyemang8560
    @danielagyemang8560 Год назад +1

    So if for example, you take 50k from mpower, how much are you likely to pay back at the end?

    • @ianmzatimboola9199
      @ianmzatimboola9199 Год назад

      🤔Mmmmh I don't know..

    • @JodelStoriesHQ
      @JodelStoriesHQ Год назад

      Prodigy is taking 120k for 36k. Could be around the same figure

    • @danielagyemang8560
      @danielagyemang8560 Год назад

      @@JodelStoriesHQ really, that too much. But how is the repayment like?

    • @JodelStoriesHQ
      @JodelStoriesHQ Год назад +1

      @@danielagyemang8560 you start paying after your studies, you’re allowed 6 months maximum grace period. And for that figure I mentioned, its $645 monthly for 15 years

    • @ejikemeonuoha3272
      @ejikemeonuoha3272 Год назад

      @@JodelStoriesHQ I didn't get that. You mean one pays 120k interest on 36k loan? I mean is 36k the principal?

  • @oluwaseyeadekoya6990
    @oluwaseyeadekoya6990 Год назад +2

    If i take a loan which includes my living expenses, will the visa officer still expect me to show my living expenses in my account (POF) being that the school wouldn't have disbursed my living expenses to me at that time of applying for my student visa?

    • @Doyindoccom
      @Doyindoccom  Год назад

      No you don’t need your bank statement if all your tuition and expenses will be covered with loans but it is VERY unlikely a loan provider will fund you 100%

  • @Udovictor22
    @Udovictor22 2 года назад

    Can I go with my wife even when I'm using the loan option?

  • @MPOWERFINANCEAMBASSADORS
    @MPOWERFINANCEAMBASSADORS Год назад +2

    if you are african don’t waste your time on prodigy, they will never approve you.. MPOWER IS THE BEST!

    • @edionseigbinigie222
      @edionseigbinigie222 2 месяца назад

      Like seriously? What was the reason for not approving?

  • @coachishaaq
    @coachishaaq 2 года назад

    Thanks Doyin for this content....
    So I applied for load from online apps (fairmoney) in Nigeria....around $700, I somehow defaulted, though still hoping to pay soon. Can this hinders me from getting loans for my studies abroad?

    • @johnsonajayi7846
      @johnsonajayi7846 2 года назад

      Yes , since Mpower will check your credit rating before approving your loan. Don't apply until you pay off the loan owed in Nigeria.

    • @brightuwaezuoke489
      @brightuwaezuoke489 Год назад

      ​@@johnsonajayi7846how do they check credit rating

  • @chukwumaemmanuel6920
    @chukwumaemmanuel6920 Год назад

    Can you be my co-signer?

  • @adekolaayodele4782
    @adekolaayodele4782 Год назад +2

    Mpower now gives more than 50%

  • @miriamunwana
    @miriamunwana Год назад

    Please anyone who knows a study loan company for Australia please reply this comment

    • @KennethFabian-wg1wf
      @KennethFabian-wg1wf 6 месяцев назад

      Prodigy Finance supports studies in some Australian Universities...

  • @patmosfitness
    @patmosfitness Год назад

    Mpower now funds up to 100k

  • @hashimibrahim5436
    @hashimibrahim5436 3 месяца назад

    Hello Doyin, I am currently putting in application for Prodigy Finance Loan, please, I would be glad to reach out to you for some specific assistance and inquiries. Please, can you drop your contact for me ?

  • @sallyinga9532
    @sallyinga9532 2 года назад +2

    How do you show POF with student loan at the embassy

    • @frankmwenda40508
      @frankmwenda40508 Год назад +4

      The organization that approved your loan application will give you a loan approval support letter.

    • @austinosondu3876
      @austinosondu3876 Год назад

      @@frankmwenda40508 were can I see the schools that mpower covers?