Finance your Masters in Public Policy with a student loan

Study an international Masters in Public Policy programme at the world’s best schools through a Prodigy Finance student loan

Finance your Masters in Public Policy programme with Prodigy Finance

A Masters in Public Policy equips students with key skills and training in policy analysis and program analytics to drive public decision-making. Graduates are not only trained in unpacking economic or political factors in formulating policies, but are taught how to analyse multiple factors in their considerations - regardless of whether they work in the public sector, national, or international level.

A Masters in Public Policy can set you up for success in the future - and with Prodigy Finance, you can now finance your international Masters degree through a borderless student loan - empowering you to study at the world’s best schools.

In a world with shrinking borders, Public Policy careers are many and varied; with many professionals moving on to find jobs within the realms of political sciences, history, public relations, and social sciences.

Prodigy Finance supports applications for student loans for a variety of Public Policy programmes around the world - including popular destinations such as Canada and the United Kingdom. Our unique lending model can enable you to study your Masters in Public Policy abroad through an innovative student loan that does not require any collateral or a cosigner.

Explore our supported schools

We support 1,700+ great schools

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Northeastern University

The College of Professional Studies at Northeastern University offers a Master of Public Policy programme with a practice-oriented, research-based approach with tuition in big data analytics, data visualisation, programming languages such as R and Python.

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Columbia University

Columbia University’s School of International and Public Affairs offers several Public Policy programmes with specialisations in the environment, policy management, and more - in addition to several dual-degree programmes available to students.

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University of Chicago

The Harris School of Public Policy at the University of Chicago offers Public Policy programmes across social sciences, computational analysis, environmental science, international development, and a dual MBA programme.

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American University

The American University’s School of International Service offers MA programmes in International Affairs, Development, Global Governance, and Intercultural and International Communication.

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American University

Similarly, the School of Public Affairs at The American University offers a Masters in Public Policy programme designed to expose students to social, cultural, political factors behind making decisions in the public good.

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Harvard University

The Kennedy School of Government at Harvard University offers both a Masters in Public Policy programme, as well as several MBA dual-degrees in collaboration with other schools.

Where can I study?

Where can I study a Public Policy 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

Amount borrowed
USD 40,000
+
5% admin fee
USD 2,000
=
Amount financed
USD 42,000

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
7.3%
+
30-Day Average SOFR
5.06%
=
Variable interest rate
12.36%

Education loan repayment example

Monthly amount due
USD 804
x
Repayment period
15 years
=
Total amount payable
USD 96,500

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 more

Terms 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 Masters in Public Policy 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.