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

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