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Prodigy Finance - Education Loan

  • International Funds
  • Loan Margin: NA
  • No Collateral Needed
⚡5 working days avg loan processing time
  • MarginNA
  • CollateralNA
  • Co-applicant RequiredNA
  • Loan TenureUpto 20 years
  • Processing Fee5.0%
  • Early RepaymentYes (Without Any Charges)
  • Living CostYes
  • Secured LoanAmountNA
  • Un-secured LoanAmountUp To 1Cr
  • We Fund Your Future Guarantee
  • Quick Loan Sanctions
  • 100% Transparency
  • No Hidden Fees
  • 24x7 Support

Features Of Prodigy Finance Education Loan

Established in 2007, Prodigy Finance is based in the United Kingdom. A financial organisation that has altered the education loan method while preserving the best level of service. They help the students, on the basis of their academic background, receive study abroad education loans without any collateral or co-applicant.

FeaturesEducation Loan Details
Loan amount
  1. Minimum loan amount – $25,000
  2. Maximum loan amount – 100% of total cost of attendance
Margin money

Nil

Processing fee

5.0% onwards

Processing time

15 Working Days

Loan tenure

20 Years (7, 10, 15 or 20 years)

Prepayment charges

Nil

Starts after 12 months of course completion. No repayment during the moratorium period.

You are eligible to apply for the Prodigy Finance student loan only if you’ve met the following requirements:

You must plan to attend a school and course it supports. At present, Prodigy Finance funds over 1200+ schools worldwide, but its services are limited to the professions of business, public policy, law, medicine, science, technology, engineering and math (STEM)

TypeRequirement
For Unsecured / Non-Collateral Loan without Co-Applicant
  • Borrower must be an Indian citizen
  • Confirmed admission to the colleges before disbursement

Benefits Of Prodigy Study Abroad Loan

  • No Need for a Co-Applicant
  • Up to 100% finance for Course Fee, Living and Other Expenses
  • Day 1 Abroad Credit Building

Loan Details

Monthly EMI: 0

Principal Amount: 0

Total Interest: 0

Total Amount: 0

What our Students say about us

Leela Krishna
Leela Krishna
2023-11-19
To be honest this is a good consultancy for who are looking to get loan to pursue your masters abroad, their way of handling clients is excellent. It only took me 2 days for a bank to reach me out regarding my loan and the whole process took me around a week. I’d recommend this to anyone who are gonna look for education loans.
Swathi Tammavarapu
Swathi Tammavarapu
2023-11-16
It's a good platform to get easy educational loans.The services is good 👍
Bharathi Ragala
Bharathi Ragala
2023-11-16
Loan process is so easy here. I have applied and received amount quickly in my account. Suggest to use
Google rating score: 5.0 of 5, based on 107 reviews,showing our latest reviews

Frequently Asked Questions

Who is eligible for a Prodigy Finance loan?

Eligibility criteria may vary, but typically Prodigy Finance considers factors such as admission to a qualifying program, future earning potential, and country of study.

What types of programs and degrees does Prodigy Finance support?

Prodigy Finance primarily focuses on postgraduate programs, including master’s degrees and MBA programs, in various fields.

How does the Prodigy Finance loan application process work?

The application process typically involves submitting an online application, providing necessary documentation, and receiving approval based on the evaluation of your profile.

Is a cosigner required for a Prodigy Finance loan?

Prodigy Finance often provides loans without requiring a cosigner. The loan approval is generally based on the student’s future earning potential.

Can Prodigy Finance loans be used for living expenses as well?

Prodigy Finance loans may cover not only tuition but also living expenses, depending on the terms and conditions of the specific loan.

What happens if I face financial difficulties and can't make my loan payments?

Prodigy Finance may offer options such as deferment or forbearance for borrowers facing financial challenges. It’s crucial to communicate with them to explore available solutions.