The Prodigy Finance Global Scholarship

Am I eligible for a scholarship?

You can apply for the Prodigy Finance Global Scholarship regardless of whether you have a Prodigy Finance loan or not. To be eligible, you need to be admitted to study a postgraduate degree at any of the schools we support in the UK, US, France or Spain, and due to start in 2020 or 2021. You can also apply if you’re on track to receive an admission for a 2020 start date but haven’t received confirmation just yet (we’ll ask for proof of admission if you are successful). 

How many scholarships are there?

One recipient will be chosen to receive a US $10,000 scholarship. 

How will my scholarship application be assessed?

Candidates will be shortlisted using the following criteria:

• Merit-based criteria: Measured by your GMAT, GRE, LSAT, EA score, whichever is applicable.
• Skills-based criteria: Measured by providing the correct answers to skills-based questions.
• Motivational criteria: Your motivational paragraph will be reviewed by a panel of judges if the above criteria is met. The motivation will need to demonstrate substantive reasoning for you to receive a scholarship and how the scholarship will impact your postgraduate experience. 

How can I increase my chances of being awarded the scholarship?

You can increase your chances of being shortlisted as a finalist by uploading a high test score (GMAT, GRE, LSAT or EA), or further demonstration of academic merit. A substantive, well-written motivational paragraph will increase your chances as a finalist, as a panel of judges will score and rank your motivation to select the recipient.

When is the deadline for applications?

The deadline for applications is 14 April 2020 at 8am EST. 

When will I know if my application has been successful?

The recipient will receive official notification of their successful application on or around 5 May 2020. 

If my application is successful, how will I receive my scholarship?

Your scholarship will be paid directly to your school. If you are a Prodigy Finance customer, the scholarship amount will be applied as an early payment against your loan. If the loan is settled with this payment and there is still portion left of the scholarship amount, the balance will be paid to you in cash.

What will you do with my personal information collected in this scholarship application?

Your information will be collected and processed in alignment with our privacy policy – please see more details in the Scholarship terms and conditions.