What you need to know for your University of London - London School of Economics loan

Key Benefits:

  • No co-signer, collateral or guarantor required
  • 150 nationalities eligible
  • Loans available for current and incoming international students. UK nationals are also eligible.
  • No up-front fee
  • 6 month grace period after classes end for full-time programs
  • No fees for early repayment
  • Get a provisional loan decision within 2 to 5 business days

What programs are supported?

We support the following courses at London School of Economics:

  • Global Master's in Management  
  • MSc Accounting and Finance (9 months taught programme)
  • MSc Accounting, Organisations and Institution (10 months taught programme)
  • MSc Finance (Full-time) 
  • MSc Finance and Private Equity 
  • MSc Human Resources and Organisations - Human Resource Management stream 
  • MSc Human Resources and Organisations - International Employment Relations 
  • MSc Human Resources and Organisations - Organisational Behaviour stream 
  • MSc in Finance and Economics 
  • MSc in Risk and Finance 
  • MSc Management and Strategy
  • MSc Management of Information Systems and Digital Innovation 

What is the maximum loan size I may request?

  • Up to 80% Cost of Attendance
  • Loans are available in USD
  • Minimum loan size is USD 15,000

Important Additional Information

  • The loan size you may be offered will depend on your specific application.
  • If you receive a loan for living expenses, the amount will be transferred to LSE, who will then transfer it to your bank account.

Are there fees?

We like to keep things simple and transparent. For most loans we charge an administrative fee, which is added to the total amount and is repayable over the lifetime of the loan. We don’t require fees to be paid upfront. Get a commitment-free quote to see if fees apply.

How do I repay the loan?

  • The loan is repaid in monthly payments after your grace period has ended.
  • For full-time students the grace period is 6 months after classes end.
  • The repayment period is either 7, 10 years or 15 years, depending on your program and application.
  • There are no fees or penalties for early repayment!
  • What are my repayment options

Is there a deadline to apply?

  • No, but try to submit an application at least one month before the loan needs to be disbursed to your school to ensure timely disbursement.

Are there nationalities Prodigy cannot lend to?

  • Yes, unfortunately. While Prodigy is able to lend to students from 150 nationalities, here is a list of the currently restricted nationalities.

What is my rate?

  • To find out what rate you could qualify for, apply for a quote using our online application form

Learn More!

Would you like to hear from our current students who are using Prodigy loans to fund their studies? There are quite a few in this video and you can get in touch with a few of them through our Ambassadors program.

Still have questions? Contact us via email or read through our Frequently Asked Questions.

Please note the following when you consider taking your loan: Loans denominated in a currency other than the currency of your tuition and/or the currency of your post-Master degree salary may be affected by fluctuations in foreign exchange rates. Prodigy Finance is not responsible for any differences in the amount that these currency fluctuations may cause, and does not benefit from any currency appreciation or depreciation.

 

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