This presentation is for discussion purposes only.
Lost in Translation The Unspoken Financial Challenges Faced by International Students in the US Mike Davis – Co-Founder and CTO, MPOWER Financing Kevin McNamara - Director of University Relations, MPOWER Financing 2
Source: Institute of International Education, 2016 Open Doors report 3
4 Source: Institute of International Education, 2016 Open Doors report
Source: Institute of International Education, 2016 Open Doors report 5
6 Source: Institute of International Education, 2016 Open Doors report
7 Source: Institute of International Education, 2016 Open Doors report
8 Source: Institute of International Education, 2016 Open Doors report
9 Source: Institute of International Education, 2016 Open Doors report
So international students come from well-to-do families, right? Sometimes, but not always. 10
Meet Manu and Mike “The best looking executives in fintech” – according to a well-placed source 11
Funding options for international students Personal and family Bank loans (home Foreign government Institutional Funding savings country or US) or university 12
Types of Institutional Aid ● Grants ● Scholarships ● Loans: ● Funding source ● Servicing ● Write-off vs. Evergreen ● ISAs 13
Bank Loan Considerations ● Interest rate ● Co-signer requirements/impact ● Credit impact ● Exchange rate ● Collateral ● Servicing 14
Questions? mike@mpowerfinancing.com kevin@mpowerfinancing.com
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