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Celebrating 100 supported universities

Prodigy Finance - January 17, 2017

Celebrating 100
Supported Schools

A couple of INSEAD students met over a drink, lamenting the difficulties of financing their studies towards a reputably high-earning degree at one of the world’s top institutions. They had been offered seats after a competitive application process, but local banks couldn’t fathom the value of their education.

If only there was a way to make it easier for international students to obtain financing to pursue their MBAs at top universities.

In that moment, Prodigy Finance was born.

The initial seed money for Prodigy Finance came from a win at the 2006 International Venture Capital Investment Competition at INSEAD. By 2007, the company was formed and the first loans were issued.

INSEAD was the first business school to accept Prodigy Finance loans from qualified international students, but the list of supported schools grew in 2012 to include London Business School, Vlerick Business School, Oxford Saïd Business School, and Cranfield School of Management.

Over the next five years, Prodigy Finance extended to new countries and new programmes, including engineering, law, and public policy.

Today, Prodigy Finance supports students at 100 universities and colleges across the world. The most recent additions to the portfolio include California Institute of Technology, Georgia Institute of Technology, Texas A&M University, Princeton University, Virginia Institute of Technology, Johns Hopkins University, and University of California Santa Barbara.

Prodigy Finance has helped over 5000 students from 118 countries to borrow over $200m for graduate education. When those students meet their classmates at the local pub, they can concentrate on solving other problems and transforming the world in sustainable ways. And now they can do that at over 100 schools! 


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