Prodigy Finance Loan for Study Abroad: University List

Being a UK-based lending institution, Prodigy Finance offers education loans to international students enrolled in a wide range of programs across different universities. Their support extends to 1,773 schools, and 482 universities globally across 19 countries. They have a Prodigy Finance education loan college list abroad. However, Prodigy Finance does not offer loans to students located in certain countries, some US states, and some Canadian provinces/territories due to regulatory restrictions. They do support a wide range of postgraduate programs across domains like Business, Engineering, Law, Public Policy, and Medical fields and are expanding all the time. Prodigy Finance has provided over USD 1.75 billion in loans, helping more than 38,000 students to fulfill their dream of studying abroad since 2007. This blog will guide you about the top universities approved by Prodigy Finance, their eligibility criteria, whether you can secure an education loan without collateral and co-applicant or not, how you can apply, and more. 

Key Features of Prodigy Finance Education Loan Abroad

Eligibility Criteria for Prodigy Finance Education Loan for Abroad

To take advantage of Prodigy Finance education loan, you should meet the eligibility criteria set by them. Below are the criteria that you should meet to become eligible for an education loan abroad.

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  You must have an admission letter to a postgraduate program since Prodigy Finance does not offer education loans for bachelor's programs. 
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  You must be enrolled in one of the institutions that come under the Prodigy Finance abroad education loan university list.
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  You must be enrolled to study in a country different from your home country.
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  You must be located in a country in which Prodigy Finance provides education loans since not all countries are supported by Prodigy Finance due to funding restrictions. 

However, if you desire to take admission to a school or course that is not currently supported by Prodigy Finance, then you must consider submitting a request form. A request form must contain the details about the program and institution.

Understanding the Approved Colleges for Prodigy Finance Education Loan

Prodigy Finance encourages students to apply for education loans who are enrolled in postgraduate programs in the Business, Engineering, Law, Public Policy, and Medical fields. They have a list of approved foreign universities for education loan Prodigy Finance, covering over 1750 universities across 19 countries. Prodigy Finance provides education loans to international students studying in top universities. Students who apply for an education loan with co-applicant can secure an education loan starting at an interest rate of 8.33%. However, you can also apply for a loan without co-application at the cost of higher interest rates, starting at 10.50%.

List of Approved Foreign Universities for Education Loan by Prodigy Finance 

Below is the Prodigy Finance education loan college list abroad to help you navigate through the top picks of Prodigy Finance. 

How to check Prodigy Finance approved colleges?

To determine whether your chosen university comes under the Prodigy Finance education loan list of universities abroad, you can use the steps below.

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  Visit the official website of Prodigy Finance and navigate to Prodigy Finance's school search tool. 
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  Utilize the search tool by entering your university name, country, and field of study. This tool allows you to filter supported institutions by country, field of study, and university name.
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  The results will appear on your screen once you apply the filters. 

Application Process for Prodigy Finance Education Loan Abroad

Follow the below-mentioned steps to proceed with the application process for the Prodigy Finance education loan abroad.

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  Check your eligibility criteria and ensure that your chosen university comes under the Prodigy Finance education loan abroad university list pdf. 
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  Visit the official website of Prodigy Finance and register yourself to begin the application process. 
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  Fill out the application form by uploading the required documents, personal details, and financial details. This will take about 15-20 minutes.
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  Review your loan application before final submission to avoid unwanted delays in your loan processing.
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  After submission of your loan application, you'll receive a provisional loan offer. Almost 50% of applicants receive this offer within seconds, while it can take up to five business days.
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  They will assess your application, including your documents. This process takes up to two weeks. 
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  Upon successful verification of your profile, you receive final approval on your loan application. 
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  Sign your loan agreement digitally. 
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  Prodigy Finance disburses funds directly to your university to pay for your tuition fee. If your loan includes living expenses, the university will transfer the remaining funds to your personal bank account. 

Explore the Prodigy Finance Education Loan Disbursement Process in detail. 

Prodigy Finance offers an accessible solution for international students looking for an education loan without the need for a co-applicant or collateral. With their interest rates starting at just 8.33%, it is a popular choice for students aiming to pursue higher studies at universities abroad. The application process is entirely online for Prodigy Finance and funds are directly disbursed to the university. However, the process of application might trouble you. To save you from such a situation, GyanDhan is here. We help you compare and secure the best education loan which is tailored to your financial needs. Get a free personalized loan assessment and maximize your chances of securing an education loan by applying through GyanDhan. Check your loan eligibility today to get started with your dream. 

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