If your university is not listed on our website, please contact universityrelations@mpowerfinancing.com for additional information.

達利娛樂城 will not disburse funds without confirmation of a valid Visa or Study Permit on file.

達利娛樂城 works with both ELM and FastChoice/ Scholarnet for U.S. school certifications and disbursements.

For Canadian schools, 達利娛樂城 issues disbursements using NorthStar.

Currently, if the student has signed their p-note and truth in lending documents they will need to complete a new application, and a new certification request will be sent to the school.? If the documents have not been signed, please contact us and we can increase the loan and send a new certification to the school.

The school will submit the disbursement dates on the certification request.? 達利娛樂城 will release the US disbursements on Friday. On that day we consider all the Applications which have a projected disbursement date starting (Friday) to the next Thursday. This disbursement will reach the schools by the following Friday.

?

?

For Canada

?

All the cases whose projected disbursement falls in the green box will be released on the Wednesday of Week 1 and it will be received by the schools on the Friday of the same week. (Subject to realization of funds from NorthStar).

moving a loan period start date from Fall to include Summer during the same academic year

The school can include the start date of the summer term for a loan for which is requested for Fall term if the summer term has not ended 180 days prior to the day of certification request.
Ex: Summer term can be included for a Fall certification request if certification request is sent during the Fall term If the certification is sent during Spring term for the future term, schools can certify past balances provided it is coming under the 180 days bracket.

A. moving a loan period start date from Spring to include Fall

The school can include the start date of the Fall term for a loan which is requested for the Spring term if the Fall term has not ended 180 days prior to the day of certification request.

A. If the certification is requested for Spring term, school can certify covering only the subsequent Summer term. (Past balances of previous Fall can be considered)

B. If the certification is requested for Spring & Fall term (full year borrowing), schools can certify for Spring, Summer, Fall or any of the above combinations.

Ex: Fall term can be included for a Spring certification request if certification request is sent during the Spring term, however if the certification request was sent during Summer term, Fall cannot be included as Fall term falls beyond 180 days from the Summer term, (day of certification request) If the certification is requested for Spring term, school can only certify covering only the subsequent Summer term.

Students pay the interest on the loan while they are in school and through their 6-month grace period (after they cease to be enrolled at least halftime at your university).? Then they enter a 10-year repayment plan and pay both principal and interest on the loan.? There is no penalty for prepayment.

Yes, we cover up to 180 days past due.? The student needs to be enrolled and remain eligible for the loan by being within 2 years of graduation and under the $100,000 USD aggregate loan limit.

We do not require SAP.? If the student has completed at least one semester of their program; they need to have a GPA of 2.5 to be eligible for an 達利娛樂城 loan.