The scope of your Prodigy Finance loan will vary depending on the school you will be attending. We offer two main funding options:
- Full Course Costs: This covers both your tuition fees and living expenses.
- Tuition Only: This option provides funding for your tuition fees alone.
It's important to be aware that some schools may require an upfront deposit to secure your place. Unfortunately, Prodigy Finance does not cover deposits for any of our supported schools.
To ensure a smooth application process, please plan to cover the deposit cost yourself. Alternatively, you can contact your chosen school directly for more information.
Why do schools require a deposit?
There are several reasons why schools might ask for a deposit:
- Confirmation of Enrolment: The deposit acts as a confirmation that you intend to take up your place at the school.
- International Students: For international students, the deposit might be needed for the school to issue their CAS (Confirmation of Acceptance for Studies), required for your visa application.
- Planning and Resource Allocation: Master's programmes, especially specialised ones, often have limited places and resources. Deposits help schools plan effectively for incoming students.