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We’re ten years old. And we’ve come a long way since the first few students we funded, so to celebrate we’re giving out 10 scholarships for Master’s degree students, worth $10,000 each.

From now until 30 November 2017, students who secure a Prodigy Finance loan for a business or engineering school in the United Kingdom or United States, stand a chance of receiving 1 of 10 scholarships.*

*For terms and conditions, click here.

How do I apply for a scholarship?

You’ve already done the hard yards by getting into your degree, so we want to make things simple. You don’t have to do anything to apply for the scholarship. When you have secured your loan with Prodigy Finance for a business or engineering degree at one of our UK or US supported schools, you will then automatically be considered for a scholarship. That’s it!

Am I eligible?

Firstly, you need to take your loan from Prodigy Finance before 30 November, 2017. Then, you must be attending an eligible business or engineering school in the UK or US. Five scholarships will be awarded to business students and five scholarships to engineering students.

For more details on eligibility criteria, click here.

How will I be assessed?

Each candidate will be assessed based on a combination of academic aptitude (measured by GMAT or GRE scores – whichever is applicable), declared salary, advanced rate, minimum loan size, and whether a graduate school scholarship has already been awarded to a candidate at that academic institution.

How can I increase my chances of receiving a scholarship?

We appreciate your enthusiasm! However, there is nothing more that you need to do in order to be considered for a scholarship.

When is the deadline?

You must secure your loan by 30 November 2017 to be considered.  This means that your loan has been approved by Prodigy Finance and the funds disbursed to your school on or before 30 November 2017.


When are scholarship recipients notified?

Scholarship recipients will be notified on the following dates:
  • 30th March 2017 (2 recipients)
  • 30th May 2017 (2 recipients)
  • 31st July 2017 (2 recipients)
  • 29th September 2017 (2 recipients)
  • 30th November 2017 (2 recipients)

Public announcements will follow recipient notification.


What if I don’t have a test score? Can I still be eligible?

Unfortunately not, a GMAT or GRE score is one of the required criteria to be eligible for the Prodigy Finance Scholarship.


When do the recipients receive their scholarship payout?

You will receive your scholarship in the form of a credit to your Prodigy Finance loan account within 30 days of officially accepting the scholarship.