Education loan for MS without a co-signer in India

If you’re an Indian student planning an MS abroad and searching for an education loan without a co-signer, you’re not alone.

Traditional lenders often require a parent co-applicant, property as collateral, or extensive income documentation. For many students, these requirements become the biggest barrier to studying abroad.

Prodigy Finance offers an alternative approach, designed specifically for international students pursuing career-focused master’s degrees.

Can Indian students get an MS loan without a co-signer?

Yes.

Indian students can access education loans for MS programmes without a co-signer or collateral for eligible universities and programmes abroad.

Instead of relying on family income or assets, Prodigy Finance assesses applications based on:

• your future earning potential,

• the university and programme you choose, and

• long-term career outcomes linked to your field of study.

This means:

• no co-applicant,

• no collateral, and

• no requirement for Indian credit history.

Why Indian students choose Prodigy Finance for MS loans

Prodigy Finance has supported thousands of international students from India pursuing master’s degrees abroad.

Students often choose this option because it offers:

• education loans without a co-signer for eligible MS programmes,

• funding for study in the US, UK, Canada, and Europe,

• coverage for tuition and eligible living costs,

• a fully online application process, and

• loan approval letters that can be used for visa applications.

The experience is built around international study timelines, not domestic lending constraints.

MS programmes commonly supported

Prodigy Finance focuses on master’s programmes with strong global employment outcomes.

Commonly supported MS degrees include:

• MS in Computer Science

• MS in Data Science

• MS in Artificial Intelligence and Machine Learning

• MS in Engineering and Technology

• MS in Business Analytics

Support depends on the specific university, programme, and intake.

Supported study destinations

Indian students use Prodigy Finance loans to study in major education hubs, including:

• the United States,

• Canada,

• the United Kingdom, and

• countries across Europe.

Your programme and destination both play a role in eligibility.

Who may be eligible?

You may qualify if you:

• are an Indian citizen,

• have an offer from a supported university,

• are enrolling in a career-focused MS programme, and

• do not have a co-signer or collateral.

Students from a wide range of academic backgrounds, including Tier-2 and Tier-3 Indian institutions, may be eligible if career outcomes are strong.

Documents required to apply

The application process is designed to be simple.

You’ll typically need:

• your passport,

• an admission offer letter or I-20 for US programmes,

• academic transcripts, and

• a resume, if requested.

Income proof and property documents are not required.

Using your loan for visa proof

A Prodigy Finance loan approval letter can be used as proof of funds for student visa applications, including:

• the US F-1 visa,

• the UK student visa, and

• Canada’s study permit.

This makes early loan approval an important part of your visa planning.

How repayment works

Repayments begin after your grace period (regular), giving you time to settle into your career after graduation.

Key points to know:

• repayment is online and can be managed from anywhere,

• loan terms are structured for long-term affordability, and

• you can focus on your career before repayments begin.

Why applying early matters

Applying early can help you:

• meet visa and university deadlines,

• avoid last-minute stress, and

• plan your move abroad with confidence.

Many students receive provisional decisions quickly, subject to document verification.

Take the next step toward your MS abroad

Not having a co-signer shouldn’t limit your future.

With Prodigy Finance, you can fund your MS abroad independently, without relying on collateral or a co-applicant.

The purpose of this guide is to provide prospective students with an overview of the application process for a US student visa and should not be regarded as legal or immigration advice or as a substitute for official information published by the U.S. Citizenship and Immigration Services (USCIS). Whilst we have carefully compiled the guide in accordance with information published by USCIS, Prodigy Finance Limited does not accept liability for any inaccuracies, mistakes, omissions, or outdated information. We encourage readers to consult the USCIS website for the most up-to-date guidance. Prodigy Finance Limited is not authorised by the Department of Justice’s Executive Office for Immigration Review (EOIR) to provide immigration services.