Go back

Prodigy Finance FAQ: How long does the application process take from start to finish?

Prodigy Finance - September 18, 2018

Interested in a Prodigy Finance loan? Here's your chance to learn more about how long the application process lasts from start to finish.

Prodigy Finance: how long does the application process take from start to finish?

After you've received an admit to your dream school, it's time to get your finances in order. And, it's best to start as soon as possible to avoid any disappointment when it comes time to apply for your international student visa

If you've previously applied for a loan with another provider, you may be concerned about the length of time it takes to secure a Prodigy Finance loan. But, our process for loan approval is often much faster than local banks. 

One reason is that the entire application process is done online.

 

How long does the application process take from start to finish?

  • One: you’ll need to start your application by visiting our website (prodigyfinance.com), then click apply now.
  • Two: you’ll fill out an online application form which takes 15 to 20 minutes.
  • Three: after submitting your loan application, you’ll get a credit decision called a provisional offer within five business days. About 50% of our applicants receive a loan offer within seconds.
  • Four: once you’ve accepted your provisional loan offer, we’ll ask you to upload various supporting documents.
  • Five: once you’ve uploaded all the required documents, our team will review your documents. This takes about two weeks.
  • And six: if all your documents are in order, your loan will be approved.

Want to know more about applying for a Prodigy Finance loan?

The Prodigy Finance application process is designed to be as smooth and streamlined as possible. And, there's no obligation to accept a provisional offer once you receive it, so there's no reason not to check whether you qualify for a loan to attend your dream school. 

But, if you want to know as much as possible about the Prodigy Finance loan application process before you begin, these guides are a great start:

Have more questions about the Prodigy Finance loan application process?


We’re here to help with any additional concerns you have regarding international student loans or the Prodigy Finance loan approval process.

If you any questions regarding Prodigy Finance, our loans, or the application process, feel free to send us an email on info@prodigyfinance.com or check our FAQs pages to see if your question has already been answered.

 

Interested in a Prodigy Finance Loan?

Prodigy Finance offers no cosigner, collateral-free loans to eligible international students attending supported universities across the globe. If you're considering postgraduate study, you might want to consider a Prodigy Finance loan.


Related Articles

Prodigy finance cmu pittsburgh spotlight

Spotlight on Carnegie Mellon University Engineering

Prodigy Finance - February 20, 2019

Ready to learn everything you need to know about engineering and STEM masters degrees at Carnegie... Continue reading

Writing an awesome statement of purpose

Writing an awesome statement of purpose

Katie Schenk - February 08, 2019

Your statement of purpose is critical because it’s the only aspect of your engineering... Continue reading

Engineering work experience

Is work experience important for an MS Engineering degree?

Katie Schenk - February 06, 2019

Some disciplines require work experience before applying for entrance to a masters programme. MBA... Continue reading

Spotlight on ucla engineering

Spotlight on UCLA Engineering

Prodigy Finance - January 28, 2019

Ready to learn everything you need to know about engineering and STEM masters degrees at the... Continue reading

Follow us


Google play Apple Web