This presentation is for discussion purposes only. Lost in - - PowerPoint PPT Presentation

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This presentation is for discussion purposes only. Lost in - - PowerPoint PPT Presentation

Jun 11, 2023 115 likes •283 views

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

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This presentation is for discussion purposes only.

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The Unspoken Financial Challenges Faced by International Students in the US

Lost in Translation

Mike Davis – Co-Founder and CTO, MPOWER Financing Kevin McNamara - Director of University Relations, MPOWER Financing

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Source: Institute of International Education, 2016 Open Doors report

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Source: Institute of International Education, 2016 Open Doors report

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Source: Institute of International Education, 2016 Open Doors report

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Source: Institute of International Education, 2016 Open Doors report

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Source: Institute of International Education, 2016 Open Doors report

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Source: Institute of International Education, 2016 Open Doors report

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Source: Institute of International Education, 2016 Open Doors report

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Sometimes, but not always.

So international students come from well-to-do families, right?

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Meet Manu and Mike

“The best looking executives in fintech” – according to a well-placed source

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Funding options for international students

Institutional Funding Bank loans (home country or US) Foreign government

  • r university

Personal and family savings

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Types of Institutional Aid

  • Grants
  • Scholarships
  • Loans:
  • Funding source
  • Servicing
  • Write-off vs. Evergreen
  • ISAs
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Bank Loan Considerations

  • Interest rate
  • Co-signer requirements/impact
  • Credit impact
  • Exchange rate
  • Collateral
  • Servicing
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mike@mpowerfinancing.com kevin@mpowerfinancing.com

Questions?

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