MPOWER Financing Women in STEM Scholarship: Requirements and Opportunities
The MPOWER Women in STEM Scholarship is designed to empower ambitious female students pursuing careers in science, technology, engineering, and mathematics (STEM). This scholarship program is recognized for its commitment to empowering women in STEM fields by providing them with financial aid, mentorship, and various learning opportunities. With the objective of encouraging female students to excel in their fields and help with technological advancements worldwide, MPOWER Financing provides funds, mentorship, and recognition.
Overview of the MPOWER Women in STEM Scholarship
The MPower Women in STEM Scholarships provides a platform for ambitious female students eager to built a career in science, technology, engineering, and mathematics (STEM). In emphasizing diversity and inclusion, this scholarship provides partial funding to women who are studying STEM at designated partner universities in the US and Canada. The funding alleviates the financial burden of tuition and coursework, so students can spend full time focusing on their studies. As an international or DACA female student looking to earn a STEM degree abroad, you may be eligible for the MPOWER Women in STEM Scholarship!
Eligibility Criteria
To be eligible for the MPOWER Women in STEM Scholarship, applicants must meet specific criteria. These requirements ensure that the scholarship supports students who are dedicated to STEM fields and meet the necessary qualifications. Entrants must enter once during the Scholarship period. Students (the “Entrants”) may enter the Scholarship once.
General Requirements
- Enrollment Status: Applicants must be currently enrolled in or accepted to a full-time degree program at a school MPOWER supports.
- Visa Requirements: As for Canada, eligible applicants must be permanent residents or have a valid Canadian study permit. Must have a Green Card, DACA status, or a valid visa. or Canadian permanent residents (Green Card holders). Yes, this scholarship is open to Permanent Residents, DACA students and international students.
- Agreement to Terms: Eligibility is contingent upon agreement to, compliance with, and fulfillment of all requirements set forth herein. Participation in the MPOWER Women in STEM Scholarship constitutes an entrant’s full and unconditional agreement to these Terms and Conditions and MPOWER’s decisions, which are final and binding in all matters related to the MPOWER Global Citizen Scholarship.
Restrictions
Employees (including their immediate family [for e.g., spouse, parents, siblings, and children], and household members) of MPOWER Financing (the “MPOWER” ), its affiliates, subsidiaries and those of any agent, vendor, or supplier of MPOWER, are not eligible. Only one entry per scholarship. For any scholarship, only one entry will be accepted.
Scholarship Awards
MPOWER offers multiple scholarship awards to deserving candidates. For the Scholarship Period, three (3) Scholarship winners will be selected. The first-place winner will be awarded a US$5,000 MPOWER Scholarship to be applied to tuition, fees, or expenses at the winner’s school of attendance (each a “Prize”). Two additional winners will be awarded a US$2,000 scholarship and US$1,000 scholarship.
Read also: Financing Your Education Abroad
Prize Conditions
There are no substitutions permitted for any awarded Prize. A Prize will only be awarded to the person submitting the Entry and may not be sold, assigned, or otherwise transferred (“Transfer”). Any Scholarship details or attempted Transfer shall be void.
How to Apply
The application process for the MPOWER Women in STEM Scholarship involves several steps. It is essential to follow these steps carefully to ensure your application is complete and considered.
Application Period
The Scholarship ends on January 31, 2026, at 11:59 pm EST. Only entries submitted and received during the Scholarship Period will be eligible.
Entry Guidelines
Any Entry that does not comply with these Terms and Conditions is void. All Entries become the property of MPOWER and will not be acknowledged or returned. Only the actual student may participate in the MPOWER Women in STEM Scholarship, and the completion of the online entry form by any family member or other individual or entity will disqualify such Entry from this Scholarship. Any Entry found to contain erroneous, expired, canceled, fraudulent, or fake information is void.
Essay Component
For help writing the essay component of this scholarship application, check out our guides How to Write a Winning Scholarship Essay and How to Start a Scholarship Essay (With Examples).
Read also: Unlocking MPOWER Opportunities
Selection Process
The selection process for the MPOWER Women in STEM Scholarship is rigorous and involves multiple stages of review. Understanding this process can help applicants prepare a strong and competitive application.
Initial Screening
MPOWER staff and/or contractors will first screen applications for eligibility. Then MPOWER staff and/or contractors will complete a first round of review. In this round, eligible applications will be screened for basic English spelling, grammar, and writing ability. Applications with extremely short or poorly written essays will be eliminated.
Detailed Review
In the second round, the remaining applications will be rated against each of the 4 selection criteria on a scale of 1-5 (equal weights applied). The ten applications with the highest aggregate score will be further scrutinized by a panel of judges, which may include MPOWER staff or members of the MPOWER social impact advisory board.
Final Selection
The panel may select any of these 10 finalists for phone/Skype interviews. The panel will recommend a winner to the CEO, who will make the final selection decision according to the aforementioned selection criteria. As noted above, MPOWER Financing reserves the right to conduct interviews and/or request any additional information from any Entrants related to their Entry prior to decision. At a minimum, all selected winners will be required to provide a transcript and proof of citizenship and immigration status to verify that all eligibility requirements are met. All decisions (including but not limited to eligibility determinations) will be final and binding and are not subject to challenge or appeal. Prize awards are subject to MPOWER’s verification of winners’ eligibility.
Winner Responsibilities
Selected winners have specific responsibilities to fulfill in order to receive the scholarship.
Read also: Lessons in Auto Financing
Required Documents
All winners will be required to submit (without alteration and in the form provided by MPOWER) a completed and signed Affidavit of Eligibility and Liability & Publicity Release (the “Release”). Winner’s failure to timely return an executed Release within the required time period to MPOWER will void a winner’s Prize award and the MPOWER reserves the right to award such Prize to an alternate entrant.
Financial Obligations
Winners are solely responsible for the payment of any applicable federal, state, and local taxes associated with their acceptance and receipt of any Prize.
Prize Disbursement
Following MPOWER’s verification of winner’s eligibility and receipt of the executed Release from a winner, MPOWER shall pay the Prize on winner’s behalf, directly to winner’s school of enrollment.
Additional Opportunities and Support
MPOWER provides additional resources and support to help students succeed academically and professionally.
Financial Solutions
Flexible financial solutions: MPOWER offers student loans ranging from US$2,001 to US$100,000, featuring fixed interest rates. Moreover, those who opt for automatic payments can enjoy a 0.25% interest rate reduction. No need for cosigners or collateral: MPOWER firmly believes in your future potential and doesn’t require cosigners or collateral for any loans. The aim is to simplify the educational financing process. Streamlined application process: MPOWER’s digital loan application process ensures accessibility from anywhere in the world. Sustained assistance: MPOWER Financing believes funding your education is only the first step to success - not the last.
Other Scholarship Options
In addition to these two STEM scholarships, MPOWER offers other scholarship options to support all international students. Each month the topic for submission will change, past examples include Back to School Advice and Embracing and Overcoming Challenges.
MPOWER Scholarship Spotlight
Since 2018, we’ve supported international students and DACA students with the scholarships and support they need to soar academically.
General Terms and Conditions
Participation in the MPOWER Women in STEM Scholarship is subject to specific terms and conditions that applicants should be aware of.
Legal Disclaimers
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.
Use of Information
Entry constitutes permission (except where prohibited by law) to use entrant’s university name, state, country of origin, and/or essay question response for purposes of advertising, promotion, and publicity in any and all media now or hereafter known, throughout the world in perpetuity, without additional compensation, notification, permission, or approval.
Dispute Resolution
Except where prohibited by law, Entrant agrees that: (1) all disputes, claims, and causes of action arising out of or connected with a Competition or any prize awarded will be resolved individually, without resort to any form of class action, and exclusively by the appropriate federal or state court located in the District of Columbia; (2) all claims, judgments, and awards will be limited to actual out-of-pocket costs incurred, including costs associated with entering a Competition, but in no event will include attorneys’ fees; and (3) Entrant will not be permitted to obtain awards for indirect, punitive incidental and consequential damage and any rights to have damages multiplied or otherwise increased.
Severability
The invalidity or unenforceability of any provision of these Terms and Conditions will not affect the validity or enforceability of any other provision. In the event any provision is found invalid or unenforceable, these Terms and Conditions will otherwise remain in effect in accordance with their terms as if the invalid or unenforceable provision was never included. The MPOWER’s failure to enforce any term of these Terms and Conditions does not constitute a waiver of that provision.
The Importance of STEM Scholarships
STEM (science, technology, engineering and mathematics) scholarships play a big role in supporting the educational aspirations of international students. You should always pursue STEM scholarships, an essential component of financial aid for international students, before turning to loans, as scholarships do not have to be repaid. Loans can fill a gap between available funds and needed funds.
Financial Relief
They provide essential financial support, covering tuition and, in some cases, living expenses.
Reduce Reliance on Loans
Relying only on educational loan financing can lead to increased long-term debt. Scholarships mitigate this risk by providing non-repayable financial support. This is especially beneficial in STEM education, where additional expenses for materials, fieldwork or specialized equipment can add up.
Expand Educational Choices
With financial support from scholarships, you may have more freedom in educational choices.
Tips for Scholarship Success
To increase your chances of winning STEM scholarships, consider the following strategies:
- Start Early: Begin your search for scholarships well ahead of application deadlines.
- Research Thoroughly: Look for scholarships offered directly by your intended university, as well as external funding from companies, nonprofit and government agencies that support STEM education for international students.
- Understand Requirements: Each scholarship has its own set of requirements.
- Craft Compelling Applications: Your application and personal statement should clearly articulate your passion for STEM, your academic and career goals and how the scholarship will help you achieve these goals.
- Secure Strong Recommendations: Choose people who know you well and can speak to your strengths and potential in STEM fields.
- Prepare for Interviews: Some scholarships may require an interview as part of the selection process.
- Stay Organized: Keep track of deadlines, requirements and submission guidelines for each scholarship application.
- Seek Feedback: Before submitting your applications, seek feedback from teachers, mentors or peers.
Overcoming Challenges as an International Woman in STEM
Laying the groundwork for your career happens simultaneously with studying abroad as an international woman in STEM.
Build a Support Network
Connect with other international students and women in STEM through university clubs, online forums and professional organizations, and conferences.
Gain Practical Experience
Look for internships, co-op programs and research opportunities that can provide hands-on experience in your field.
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