Finance your MS in Computer Science degree with a student loan

According to the US Bureau of Labor Statistics, the average growth rate of employment opportunities in the field of Computer and Information Research is set to reach as much as 21% between now and 2031.

In this exciting industry, having the right skills, knowledge, and experience is essential - and studying towards an MS in Computer Science can equip you with everything you need to master advanced theory and applications of computer technology.

If your dream is to further your studies in Computer Science abroad, you can easily apply to finance your international education with Prodigy Finance. We support financing for courses at over 1,000 of the world’s best schools - and to date, we’ve disbursed more than $1.75 billion to more than 30,000 students following their dreams abroad.

We support financing for Computer Science programmes in popular destinations such as the United States, Canada, and United Kingdom in addition to many other countries worldwide.

We support 1,000+ great schools

University of North Texas

The College of Engineering at the University of North Texas offers acclaimed research facilities and guidance for students to maximise their potential in a range of engineering disciplines.

Arizona State University

The Ira A. Fulton Schools of Engineering at Arizona State University offers an MS Computer Science programme with an interactive curriculum, accompanied by vast research opportunities.

Illinois Institute of Technology

The Illinois Institute of Technology’s College of Computing offers a unique MS in Computer Science programme with Core courses that are organised into three categories: programming, systems, and theory.

University of Texas at Arlington

The College of Engineering at the University of Texas at Arlington aims to equip students with fundamental knowledge and practical skills in the design of computer-based systems in the field of Computer Science.

Cleveland State University

Cleveland State University’s Washkewicz College of Engineering focuses on theoretical capabilities of modern computing, equipping graduates for employment in the realms of business, industry and government.

University at Buffalo

The School of Engineering and Applied Sciences at the University at Buffalo provides an MS in Computer Science and Engineering programme that enables students to pursue a program of research in a specialized area and to develop a final dissertation.

Where can I study my MS in Computer Science with Prodigy Finance?

We’re proud to partner with hundreds of universities and schools worldwide - and regardless of whether you have a school in mind or would like to explore your options further, you can browse our entire catalogue of supported schools to find the right option for you.

How does Prodigy Finance’s loan application process work?

Our application process is simple, and takes just a few minutes.

  • Once you’ve created your account and provided us with some basic personal information, we’ll be able to review your application and present you with a personalized and non-binding offer.
  • You’ll have up to 14 days to accept your quote and upload your supporting documents.
  • Once your documents have been reviewed and verified, you’ll be matched to funding in one of our matching rounds - after which we’ll send your loan confirmation letter, and you can then proceed to secure your international study visa. If you're attending a school in the US, your school will need to confirm your loan before we can send you your loan agreement to sign.
  • You’ll then sign your application agreement on reaching your country of study, and after we’ll countersign.
  • Your loan will be disbursed directly to your school - meaning you won’t need to worry about complex international transfers when arranging funds for your study abroad journey - and you’ll be able to begin your studies! As a full time student, you’ll only begin your repayments 6 months after your classes end.
  • Remember - by registering your Prodigy Finance account, you can submit as many applications as you like. If you receive conditionally approved funding from us for your second period of study, you can also submit a new application for this funding closer to your class start date of your second period!

Am I eligible to get an international student loan?

We’re able to finance students from 150 different countries - and regardless of which of our supported schools you intend to apply to, we can assist you with an international student loan so long as you meet some basic eligibility criteria.

Broadly, you’ll need to be seeking admission to a school and programme we support, you must be seeking to study your masters abroad, and you must not reside in a country we do not support.

Why go with Prodigy Finance?

Starting at 11.18% APR

Our accessible student loans give you the flexibility to manage your studies. As a full-time student, you only begin repaying your loan 6 months after your class end date.

No collateral or co-signer needed

With us, you don’t need to place a deposit nor do you need a co-signatory to secure your loan.

Get an immediate offer

Once you’ve finalised your application, we’ll present you with a customised offer in just ten minutes.

Covers cost of tuition and living expenses

Your Prodigy Finance student loan covers your course fees and if applicable, accommodation and other expenses.

Here's a representative example

Education loan amount example

Amount borrowed
USD 36,312
+
5% admin fee
USD 1,816
=
Amount financed
USD 38,128

Interest rate example

We use a variable simple interest rate which tracks a fluctuating benchmark rate. The interest rate includes a fixed margin tailored to your application and the benchmark rate that will change throughout the life of the loan. We use 30-Day Average SOFR as this benchmark.

Fixed margin rate
8.48%
+
30-Day Average SOFR
5.35%
=
Variable interest rate
13.83%

Education loan repayment example

Monthly amount due
USD 680.50
x
Repayment period
15 years
=
Total amount payable
USD 122,489.19

Representative

APR

14.997%

APR (Annual Percentage Rate) is a rate that shows your total cost of borrowing, including the interest rate and any fees or additional costs. When comparing education loan offers from different lenders, it’s best to use APR rather than monthly interest rate. Your monthly interest rate will always be lower than APR because it only represents part of the total cost of your loan.

Watch this video to find out more

Terms and conditions

11.18% is the minimum possible Annual Percentage Rate you could be offered. This APR assumes a 4.98% fixed margin rate, a 5.3%* variable base rate (30-Day Average SOFR as of 8 January 2024), and a 5% administration fee. The actual rate offered will depend on your circumstances, loan amount and term, and may differ from the minimum and/or the average representative APR shown in our representative example above.

The average APR for student loans is 14.997%.

To qualify, borrowers must meet Prodigy Finance eligibility and underwriting requirements.

Prodigy Finance reserves the right to vary or discontinue its student loan product at any time without notice.

* Benchmark rates shown on this page are rounded to 2 decimals of a percentage for illustrative purposes. For the actual rate used, click here.

Questions? We have answers

Have queries about financing your studies, what documents you need in order to apply for a MS in Computer Science loan as an international student, or need assistance in completing your application? We’re here to help. Explore our easy-to-use FAQs, or chat to a member of our team directly from your Prodigy account dashboard.

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© Prodigy Finance Limited 2007 - 2024. All Rights Reserved. Prodigy Finance Limited is incorporated in the United Kingdom (Company Number 05912562) with its registered address at 85 Great Portland Street, London, W1W 7LT and registered with the Office of the Information Commissioner (Reg. No. Z9851854). Prodigy Finance is authorised and regulated by the Financial Conduct Authority (firm registration number 709641) for certain consumer credit activities. Prodigy Finance loans are offered to eligible borrowers and these loans are governed by English law. Prodigy Finance Servicing, LLC is incorporated in the state of Delaware, USA, is an affiliate of Prodigy Finance Limited and conducts the business of servicing of loans for residents of certain US states. NMLS # 2155440 (Prodigy Finance Servicing, LLC) and NMLS #1611590 (Prodigy Finance Limited) (www.nmlsconsumeraccess.org). View Prodigy Finance's lending, servicing and collection licenses.