What are the requirements of Prodigy Finance?
Table of Contents
What are the requirements of Prodigy Finance?
Once you’ve decided to accept your offer, loans are finalised with electronic scans of the required documentation:
- Proof of identity (your passport)
- Proof of admission.
- Credit report*
- Proof of address.
- Proof of income.
- Proof of savings (if applicable)
- Proof of scholarships or company sponsorship (if applicable)
Is Prodigy Finance a good option?
Is Prodigy Finance trustworthy? Yes, prodigy finance is trustworthy. It has helped many Indian students who are looking to study abroad. But, we always recommend Indian banks over international lenders like Prodigy finance as what looks better on the surface may be different when we look beneath the surface.
What is Prodigy Finance?
Prodigy Finance, a UK based financial institution, was founded in 2007. Since then, the fintech platform that offers education loans to international postgraduate students. You don’t need a co-applicant/guarantor to get a study loan.
What are the pros and cons of loans lent by Prodigy Finance?
Loans lent by Prodigy Finance are in US Dollars. There are a few critical disadvantages of taking a USD loan, which is explained in detail. It states an APR (Annual Percentage Rate) and it does not demand collateral or a co-signer. Moreover, you can repay after 6 months of your graduation. There is no penalty levied for early repayment.
How do prodigy student loans work?
Disbursal of funds is wholly managed by Prodigy. They communicate directly with the school’s financial aid office and take care of all the expenses incurred such as refundable deposit, besides tuition and living costs. The term for the repayment of the Prodigy student loan is as high as 20 years. How Do I Get a Loan From Prodigy Finance?
Where can I study Prodigy Finance for an MS?
Prodigy Finance for MS includes Carnegie Mellon University – Heinz College School of Information Systems and Management, Columbia University – The Fu Foundation School of Engineering and Applied Science, Cornell University – College of Engineering and much more.