Apply for a Loan

Application Process

• How do I complete the loan application form?
• 7 steps to our loan process
• Step 1: Selecting your School and Course
• Step 2: Personal Info
• Step 3: Residential Info
• Step 4: Budget

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Eligibility

• Am I eligible for a loan?
• Which schools do you support?
• My school is not listed
• Are there any regions that Prodigy Finance cannot lend to?
• How we select the schools we work with
• I can't find my course.

Your loan offer

• How is my interest rate determined?
• What is the difference between interest rate and APR?
• When will I sign my final loan agreement?
• Is the Provisional Offer binding?
• How is interest calculated on my loan?
• I need to defer my studies, can I defer my loan?

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Common Questions

• Are any documents required in order to apply for a Prodigy Loan?
• Does submitting an application affect my credit score?
• I'm not admitted to school, can I still apply for my loan?
• How do I withdraw my application?
• Is there a penalty for cancelling my loan?
• How is the monthly due amount calculated?