How much loan can you get through Prodigy Finance? Country‑wise breakdown for the USA, UK & Europe
Wondering how much you can borrow with Prodigy Finance? Get a country-wise overview of education loan amounts for the USA, UK and Europe.
Studying abroad in the USA, UK, or Europe can transform your future — academically, professionally, and personally. But one of the biggest questions students ask before applying is: How much loan can I get through Prodigy Finance?
If you’re exploring options for the 2025–26 academic year, this guide will help you understand how Prodigy Finance determines loan amounts, what influences your eligibility, and what you can expect across major study destinations.*
Why loan amounts vary across countries
Prodigy Finance supports international master’s students attending well‑regarded universities across 120+ countries. But your available loan amount isn’t based on your country alone — it depends on several factors.
Your loan amount depends on:
Your chosen school
Your specific programme
Your cost of attendance (COA)
Your profile and future earning potential*
Country‑specific living‑cost expectations set by your school
Any other confirmed funding (scholarships, savings, or assistantships)
Prodigy Finance does not require collateral or a co-signer for their loans. Your overall loan amount is assessed individually and may cover tuition only or tuition + living costs, depending on the programme and your profile.*
Understanding the cost of attendance (COA)
The school determines a maximum cost of attendance (COA), which includes:
Tuition fees
Living costs (housing, meals, insurance)
Books and supplies
Transportation
Personal expenses
Prodigy Finance aligns your loan amount with this school‑defined COA. Schools in the USA, UK, and Europe each set COA differently — so your available loan amount will also differ.
Country‑wise breakdown of Prodigy Finance loan amounts
Below is a clear, student‑friendly explanation of how loan amounts typically work for the USA, UK, and Europe in general terms — without quoting fixed numbers, as actual amounts depend on your school’s COA and your individual profile.*
USA — Masters, STEM, MBA, Analytics and more
The USA is one of the most popular destinations for Prodigy‑supported students. Schools in the US typically have detailed COA estimates that include living costs, insurance, and campus‑related fees.
How loan amounts work for US universities
Loan amounts align with your school’s COA.
You may be eligible for tuition‑only funding or tuition + living costs, depending on your profile and programme.*
Living costs in cities like New York, Boston, San Francisco, or Chicago may mean higher COA values.
Your loan is sent direct‑to‑school when we send the funds to your school.
Repayments begin after your grace period.
What American programmes are commonly funded?
MS in Computer Science
MS in Data Science
MS in Engineering (mechanical, electrical, aerospace, robotics)
MBA degrees
Business analytics and finance master’s programmes
What influences your maximum loan amount for the USA?
School COA limits
Your confirmed funding (savings, scholarships, grants)
Whether your school allows borrowing for living costs
Your future earning potential based on school + programme*
Important: Some programmes may only allow tuition‑only borrowing. Your individual offer will reflect this.
United Kingdom — One‑year master’s, MBA, MiM, Finance
UK universities tend to publish structured COA guidance, often for one calendar year. UK living‑cost expectations vary depending on city and programme intensity.
How loan amounts work for UK universities
Loan amounts align to the school’s COA, including tuition + eligible living costs.*
Many UK programmes are one‑year master’s degrees, which affects total loan timelines.
Higher‑cost cities like London may increase living‑cost allowances.
Your school decides what portion of living expenses can be borrowed.
Common Prodigy‑supported UK programmes
MSc Computer Science
MSc Data Science / AI / Cybersecurity
MBA
MSc Finance / Economics / Management
Master’s in Management (MiM)
What influences your maximum loan amount for the UK?
your programme length
COA limits set by your university
your profile and projected earning potential*
any other confirmed funding
Prodigy Finance’s collateral‑free model is especially helpful for UK‑bound students who may not have local guarantors.
Europe — Germany, France, Spain, Netherlands & more
European universities vary widely in programme length, living‑cost expectations, and fee structures. Some European programmes have lower tuition, but higher living‑cost components.
How loan amounts work for European universities
Loan amounts depend on your school‑defined COA.*
Some universities categorise living‑cost allowances strictly.
You may receive funding for tuition only or tuition + living costs depending on the programme.
Repayments begin after your grace period (regular).
Popular Prodigy‑supported programmes in Europe
Master’s in Engineering
MSc Computer Science
MSc Analytics / Data Science
Master’s in Management (MiM)
MBA degrees
What influences your maximum loan amount in Europe?
Country‑specific living‑cost guidelines
Your school’s COA
The city’s cost of living (Paris, Amsterdam, Berlin, Madrid, etc.)
Programme duration (one‑year vs two‑year)
Your future earning potential*
European programmes attract globally mobile students who value lower tuition, international campuses, and multicultural classrooms — and Prodigy Finance supports many of these degrees.
Key factors that influence loan amounts across all regions
Whether you’re heading to the USA, UK, or Europe, your loan amount is shaped by a consistent set of principles.
1. School and programme
Prodigy Finance supports postgraduate programmes with strong career outcomes — which influence future earning potential.*
2. Cost of attendance (COA)
Your university sets this limit. Prodigy Finance cannot exceed it.
3. Your profile
Your academic background, work experience, and earning potential all play a role.*
4. Other confirmed funding
Scholarships, assistantships, savings, or external grants reduce the gap that the loan covers.
5. Tuition‑only vs tuition + living costs
This varies by school.
6. Country and city cost levels
Higher‑cost cities often have higher COA allowances.
Common questions students ask
Will Prodigy Finance cover 100% of my costs?
Prodigy Finance may fund up to your school’s cost of attendance, depending on your individual profile.* Your loan offer will specify whether your funding is tuition‑only or tuition + living costs.
Does Prodigy Finance fund visa or travel costs?
Prodigy Finance funds items included in your school’s COA.
Do I need collateral or a co‑signer?
No collateral is required, and Co‑signer loans may be offered to eligible Indian resident students. T&Cs apply.
When do I start repaying?
Repayments generally begin after your 6-month grace period.
How is the loan disbursed?
Your funds are sent direct‑to‑school when we send the funds to your school.
Ready to explore how much you may be eligible for?
You can check your eligibility in minutes and see a personalised initial estimate — based on your school, programme, and profile.*
Final thoughts
Prodigy Finance takes a personalised, future‑focused approach to international education funding. Instead of relying on collateral or local credit history, your loan amount reflects your school’s COA, your programme, and your future earnings potential.*
Whether you’re heading to the USA, UK, or Europe, understanding these factors can help you plan your finances confidently and begin your study‑abroad journey with clarity.
Your dream degree may be closer than you think — and your personalised loan amount could be only a few minutes away.
