Information about our loans
See all articlesProdiSHE campaign
What is the ProdiSHE campaignProdiSHE is a campaign created by Prodigy Finance and NovaGrad to support women pursuing...
How the Prodigy Finance Loan Process Works (8 Steps)
Our entire loan process is online — from applying to signing your agreement and repaying your loan.Step 1: Create You...
Repayment, Admin Fees, and Early Payments
1. How much is the admin fee?Our admin fee is 4.2% of the loan amount. This one-time fee is added to your total loan ...
Everything you need to know about 2026 applications
What does “funding available in certain regions” mean? For Fall 2026, applications are only open to students from sel...
How Prodigy Finance works
What is Prodigy Finance?Prodigy Finance is a UK-regulated fintech lender, authorised and regulated by the UK Financia...
Schools and courses we support
See all articlesWhich schools do you support?
We currently support over 1,700 schools across 480+ universities in 19 countries, covering programmes in Business, En...
Do you fund dual degrees?
You may be attending two schools and also studying two degrees, we call this a dual-degree!Looking to fund a dual deg...
Starting an application
See all articlesAm I eligible for a loan?
Understanding whether you qualify for funding can feel overwhelming. Here’s a simple breakdown to help you determine ...
Which regions aren't eligible for a loan?
At Prodigy Finance we've made it our mission to make quality education more accessible. Since 2007, we have provided ...
How to complete your application
We’ve made applying with Prodigy Finance even easier.These guides will walk you through each stage so you know exactl...
Referral Campaign
What is the Prodigy Finance referral programme?The Prodigy Finance referral programme allows eligible students to ref...
Do you need funding for Fall 2026?
You can apply for funding for Fall 2026! Below is all the information you need to get your application started:What d...
How to Apply for Additional Funding (Second-Year or Top-Up)
If you need more funding for your studies, you may be applying for either:
Who is eligible to apply
Second-year fund...
Understanding your offer
See all articlesWhat does the information in my loan offer mean?
Need some help understanding the details of your offer? See below for a breakdown of each one:
Base Rate
Variable in...
How is the interest rate and admin fee calculated?
Prodigy Finance charges simple interest, meaning that the interest does not compound throughout the life of the loan*...
If I accept my offer will I be locked into taking a loan?
The Provisional Offer is a non-binding and conditional offer that informs us that you are ready to move forward with ...
What is the difference between APR and the Interest Rate?
The truth is that finding the best interest rate is not always as simple as looking for the lowest advertised number....
What is the base rate?
What types of interest rates are there?
Generally speaking, there are two types of interest rates:
Fixed interest ra...
What is SOFR?
Your offer with us will include a variable interest rate that is made up of a fixed margin rate applicable to your un...
Getting in touch
See all articlesEducation Loan Tax Benefit Calculator
Important: Prodigy Finance does not provide tax benefits or tax advice. The calculator is for informational and estim...
Chatting to a mentor
How can I chat to a mentor?
Our community of mentors are here to guide aspiring international students like yourself!...
How to change your login ID on your student dashboard
If you would like to change your log in ID for your application, here is a step by step guide on how to do that:
Log...
How to lodge a complaint
We’re sorry to hear that you are unhappy with the service we provided to you.
Please email us at complaints@prodigyfi...
Does Prodigy work with agents?
We work with entities and individuals who share our values to support international students, and they may refer cust...