Fund your international LLM degree with a student loan from Prodigy Finance
Apply for a flexible student loan from Prodigy Finance, and study an international LLM programme at the world’s best schools.
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Finance your LLM degree with Prodigy Finance
An LLM (Legum Magister) degree, or a Master of Law, is an advanced postgraduate degree that’s usually completed in a single year of full-time study, and is designed to equip candidates with knowledge in a specialised field of law - often in international or tax law.
An LLM degree enables candidates to seek specialised employment and legal training, and many graduates go on to work in multinational legal environments. With Prodigy Finance, you can easily finance your LLM study programme with a flexible student loan from many of the world’s top schools!
An LLM degree opens many career opportunities and prospects for graduates, and enables students to specialise in many different areas of law - from criminal litigation, to employment or environmental law - or even maritime law, among others.
With many graduates proceeding to develop multinational experience and international careers, LLM students have a breadth of options to choose from when it comes to selecting courses and potential schools in the US, UK, and further abroad.
With Prodigy Finance’s borderless lending model, you can easily apply for a student loan online - our unique application process enables you to apply for a study abroad loan without collateral in just minutes. To date, we’ve already funded more than 43,000 students who’ve sought an international student education loan.
Explore our supported schools
We support 1,700+ great schools
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University of Illinois
The College of Law at the University of Illinois Urbana-Champaign offers an LLM program that’s designed to prepare students with or without any prior legal training to excel in their professional careers, and provides an introduction to the U.S. legal system.
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University of California Berkeley
The University of California Berkeley’s School of Law provides a general degree programme designed to prepare foreign lawyers for global practice, and offers customization based on individual interests - and additionally provides certificates of specialisation in several areas of laws.
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Pennsylvania State University
The Pennsylvania State University’s Penn State Law school prepares students for careers in law, government, academics, and non-governmental organisations in their home jurisdictions, with the option for exceptional students to prepare for the New York State Bar.
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New York University
The School of Law at New York University offers a highly customisable LLM programme with the ability to choose from 300+ courses - enabling students to plan a curriculum that meets their professional interests.
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University of Pennsylvania
The University of Pennsylvania’s Law School offers The Penn Carey Law LLM programme - a full-time academic program designed for lawyers trained outside the United States. The programme enables students to customise their curriculum to focus on a specific area of law or to explore new interests.
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Columbia Law School
The Columbia Law School at Columbia University offers a general LLM degree with multiple customisation options, and is tailored for students interested in exploring new fields or transitioning to a new area of practice.
Where can I study?
Where can I study an LLM degree 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.
Our application process
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!
Eligibility
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 choose us?
Why go with Prodigy Finance?
Student loans starting from 12.06% 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
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.
Education loan repayment example
Representative
APR
13.41%
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 moreTerms and conditions
12.06% is the minimum possible Annual Percentage Rate you could be offered. This APR assumes a 6% fixed margin rate, a 5.06%* variable base rate (30-Day Average SOFR as of 8 October 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 13.41%.
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.
Have questions? We have answers
Have queries about financing your studies, what documents you need in order to apply for a international LLM 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.
