What you need to know for your University of Michigan - School of Dentistry loan

Key Benefits:

  • No co-signer, collateral or guarantor required
  • 150 nationalities eligible
  • Loans available for current and incoming international students
  • 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 5 business days

What programs are supported?

We support all full-time Masters programs at the School of Dentistry, including:

  • Internationally Trained Dentist Program (ITDP)
  • MS in Endodontics

Click Get Started to create a profile and begin your application.

What is the maximum loan size I may request?

  • Up to 80% Cost of Attendance (as approved by the university), minus scholarship and sponsorship
  • Minimum loan size is USD 15,000
  • All loans disbursed directly to the school in accordance with tuition due dates
  • Loans are available in USD
  • If your total payments to the school exceed the amount of tuition due, the remaining amount will be disbursed directly from the school to your local bank account

Are there fees?

  • Fee of 2.5% of the loan amount (minimum of USD 500) is added to the loan amount and fully amortized.

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 or 10 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.
  • If you're a US resident, you'll be eligible for a loan for studies in the US or abroad as long as you're living in an eligible state (see the ineligible states in this article). Again, you just need to meet the first requirement.

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.

What is my rate?

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

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