Now available: No-cosigner loans up to $100,000 to fund your graduate studies in STEM, business, or health professions. Now available: No-cosigner loans up to $100,000 to fund your graduate studies in STEM, business, or health professions.
International US

STEM graduate student loans

Finance your master's in engineering, computer science, data science or other STEM fields with loans designed for graduate programs in high-demand industries.

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Key highlights

  • Graduate student loans from $2,001 to $100,000
  • Fixed interest rates starting at 9.99% (9.99% APR)*
  • No cosigner required. Approved on future potential
  • Available at 500+ universities
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*Includes a 0.25% discount for enrolling in automatic payments. Subject to credit approval.

Funding a high-demand STEM degree

Graduate STEM degrees can open doors to high-demand careers. Tuition adds up fast, and federal loans may not cover the full cost.

Many STEM programs require a big investment in tuition, fees and specialized tools.If federal Direct Unsubsidized Loans leave a funding gap, private graduate loans can help.view more

MPOWER-eligible STEM graduate programs

MPOWER Financing supports graduate students across STEM disciplines at 500+ universities in the U.S. Some eligible fields could include:

Computer science and technology

  • Software engineering
  • Artificial intelligence and machine learning
  • Cybersecurity
  • Data science and analytics

Engineering disciplines

  • Mechanical engineering
  • Electrical engineering
  • Civil engineering
  • Aerospace engineering
  • Biomedical engineering
  • Chemical engineering

Mathematics and statistics

  • Applied mathematics
  • Computational mathematics
  • Statistical analysis
  • Quantitative finance

Physical and life sciences

  • Physics
  • Chemistry
  • Biology
  • Environmental science
  • Materials science

Computer science and technology

  • Software engineering
  • Artificial intelligence and machine learning
  • Cybersecurity
  • Data science and analytics

Engineering disciplines

  • Mechanical engineering
  • Electrical engineering
  • Civil engineering
  • Aerospace engineering
  • Biomedical engineering
  • Chemical engineering

Mathematics and statistics

  • Applied mathematics
  • Computational mathematics
  • Statistical analysis
  • Quantitative finance

Physical and life sciences

  • Physics
  • Chemistry
  • Biology
  • Environmental science
  • Materials science
Graduate student

What STEM graduate students get with MPOWER Financing

No cosigner requirement

Eligibility is based on future earning potential.

Competitive fixed interest rates

Rates start at 9.99% (9.99% APR)* and your rate will not increase for the life of your loan.

Flexible borrowing options

Borrow from $2,001 up to $100,000 for qualifying education costs.

Fast digital process

30-second eligibility check, then apply fully online.

Support for diverse program formats

Full-time, part-time, hybrid and online programs.

Program length: Up to 30 months (2.5 years)
Credit requirements: Credit score of 600 or higher, or new to credit with strong STEM program qualifications

*Includes a 0.25% interest rate discount for enrolling in automatic payments. Subject to credit approval.

Ready to fund your STEM graduate program?

1

Calculate what you need

Add up total costs, subtract savings, scholarships and federal loans.

2

Check your eligibility

Complete the 30 second eligibility check, then submit your full application online.

3

Receive your approval

Receive your final rate, amount and terms within three days.

4

Get funded

Tuition and fees go directly to your university.

Repayment basics : Interest-only payments while in school and for six months after graduation, then principal plus interest.

Funding your STEM graduate program
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Graduate student loans built for high-performing graduate students

Since 2014, MPOWER Financing has supported more than 25,000 students at 500+ universities in the U.S. pursuing graduate degrees in STEM, business, nursing and physician assistant programs. The Graduate Success Loan takes a different approach to graduate student lending – one that recognizes future career potential rather than focusing solely on past credit history.

Learn more about the Graduate Success Loan

Frequently asked questions

MPOWER loans could cover tuition, fees and education-related expenses including lab equipment, software, research materials, professional conference attendance and thesis preparation costs.

TA or GRFP positions that provide tuition remission or stipends are great, and they don’t disqualify you from MPOWER loans. Use the loan to cover any remaining education costs your assistantship doesn’t cover.

MPOWER loans can cover required technology purchases including laptops, specialized software licenses, computational resources and other technical tools your program mandates.

MPOWER supports full-time, part-time and hybrid STEM programs lasting up to 30 months at 500+ universities.

MPOWER considers factors including your specific STEM field, university reputation, program selectivity and labor market demand for your specialization. The evaluation recognizes that computer science, data science and engineering graduates enter high-demand, high-earning careers.

MPOWER reviews applications from students with credit scores of 600 or higher. Students new to credit may still qualify based on their STEM program and career outlook.

What students are saying

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MPOWER has been a game-changer in my journey, offering student-friendly loans and awarding me the September Scholarship. Their support boosted my confidence and opened academic opportunities.

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Swechha Bhavani Movva
India
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Being far from home and pursuing a degree in a new country is both exciting and challenging. One of the biggest hurdles as an international student was finding financial support, but MPOWER made it possible. view moreTheir support played a key role in helping me move forward with my education and future, and I'm incredibly grateful for that. Beyond financial support, their team has been kind, responsive and encouraging throughout the process.view less

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Jose Murrugarra
Peru
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MPOWER has made it possible for me to pursue my dreams. Their support has been crucial in allowing me to continue my education and build a better future.

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Eunice Opeyemi Joseph
Nigeria
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MPOWER enabled me to fund specifically for my education. And after investing in my education, I get to upgrade my career. Now getting my masters I have tons of options to go to different places and I view morecan have a higher salary afterwards. I foresee that the return on investment will be higher.view less

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Troyjan Agujar
Philippines
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DISCLAIMER – Subject to credit approval, loans are made by Bank of Lake Mills or MPOWER Financing, PBC. Bank of Lake Mills does not have an ownership interest in MPOWER Financing. Neither MPOWER Financing 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 MPOWER Financing or its affiliates to buy or sell any securities or other financial instruments or other assets or provide any investment advice or service.

2026 © MPOWER Financing, Public Benefit Corporation NMLS ID #1233542

U.S. office
1101 Connecticut Ave. NW, Suite 900, Washington, D.C. 20036

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