Understanding whether you qualify for funding can feel overwhelming. Here’s a simple breakdown to help you determine if you’re eligible before applying.
At Prodigy Finance, we believe funding shouldn’t be a barrier to education. Our assessment is forward-looking and considers factors such as your future earning potential, university acceptance, and affordability without requiring collateral, co-signers, or guarantors.
Basic eligibility requirements
To qualify (subject to affordability checks), you must:
- Be admitted to a supported school and programme
We support an extensive list of schools worldwide. You can apply for a quote before receiving your admission letter. We’ll only request proof of admission before finalising your loan.
- Be planning to study abroad
Our loans are designed for students studying outside their home country.
- Reside in a supported country
We are not able to fund residents of certain countries due to regulatory and funding restrictions.
You can view the full list of unsupported countries, states, and provinces here.
If you meet these three criteria, you can complete a quick online application to receive a quote. In most cases, you’ll receive it instantly. Your quote will include:
- The amount you qualify for
- Your interest rate
- Loan term
- Applicable fees
Residency & study location exceptions
Your eligibility may depend on both where you currently live and where you plan to study. Below are the specific rules by study destination:
Studying in the United States
You may be eligible if you are:
- A US citizen
- Currently residing in the US
- An international student residing outside the US
Exception:
If your school is located in Rhode Island or Vermont, you may not be eligible due to state-level restrictions.
Studying in the United Kingdom
You may be eligible if you are:
- A UK citizen
- Currently residing in the UK
- An international student residing outside the UK
Studying in France
You are not eligible if:
- You reside in France and
- You plan to study at a university located in France
Students living outside France may still be eligible to study there.
Studying in Other Supported Countries
You may be eligible if:
- You have lived or worked in your study country for less than 90 days prior to your programme start date
- You do not consider the study country your permanent home
This includes supported Canadian provinces and territories.
(France is excluded from this rule.)
Countries and regions we cannot currently support
As a regulated financial institution, we are bound by regulatory frameworks and funding restrictions that prevent us from offering loans in certain countries, states, and provinces.
You can view the full and most up-to-date list of unsupported regions here
Spring & Fall Loan Availability
Our loans are funded by a global community of investors. Due to changes in global financial markets and funding partner requirements, applications are currently being released in phases by intake and country.
For Fall 2026 & Spring 2027, applications are open only to students from selected countries. If your country is supported, you’ll be able to complete the full application. We’re actively expanding access as more funding becomes available.
Please keep an eye on our website and social channels, we’ll announce as soon as your region becomes eligible. We’ll be expanding funding to more regions then and hope to support your journey.
For quick answers about Prodigy Finance, fees, funding limits, exchange rates, tax implications and more, read through this article for a helpful overview.