Why pay more? Get the lowest interest rates with Prodigy Finance
Prodigy Finance offers some of the lowest interest rates for international students, making your dream of studying abroad more affordable.
When it comes to financing your education, every penny counts. You wouldn’t willingly overpay for a car, a house, or even a cup of coffee. So why pay more on your student loan when a lower rate is available?
Prodigy Finance offers some of the lowest interest rates for international students, making your dream of studying abroad more affordable. The choice is clear: pay less, save more, and secure your financial future.
The power of low interest rates: why it matters
The interest rate on your student loan isn’t just another number—it directly impacts your financial future. A lower rate means smaller monthly payments, lower total repayment over time, and more financial freedom after graduation. Many students unknowingly accept higher interest rates from traditional banks and lenders, thinking they have no other choice. But Prodigy Finance is changing the game.
Breaking down the savings
Let’s look at an example of a co-signer loan from Prodigy Finance:
Loan amount: $50,000
Traditional lender rate: 12%
Prodigy Finance rate: 8.35%*
Repayment term: 10 years
With a traditional lender at 12%, you would pay $16,620 in interest over 10 years. With Prodigy Finance at 8.35%*, you would pay $10,794 in interest over the same period.
That’s a saving of nearly $6,000—money that could go towards your future instead of unnecessary interest payments.
The logical choice: why Prodigy Finance?
1. Confidently competitive rates
Prodigy Finance has built its reputation on offering competitive interest rates tailored to international students. Unlike traditional banks that often impose high rates due to perceived risk, Prodigy Finance uses innovative risk assessment models that consider your future earning potential.
2. No hidden fees, no surprises
Transparency is key. Unlike some lenders who lure students in with seemingly low rates but burden them with hidden fees, Prodigy Finance ensures complete clarity in loan terms. No surprises—just smart borrowing.
3. No Co-Signer & Co-Signer Loan Options
Many international students struggle to secure a loan due to the requirement of a local co-signer. Prodigy Finance eliminates this barrier by offering a no co-signer loan based on merit and future earning potential, not just credit history or collateral.
For students who prefer to apply with a co-signer, Prodigy Finance also offers a co-signer loan option with a competitive interest rate of 8.35%* (India only). This option can provide lower rates and better terms, making it an attractive choice for students with a strong financial guarantor.
With both options available, students can choose the best loan structure based on their financial situation and preferences.
A direct, no-nonsense approach
Let’s be honest: paying more when you don’t have to doesn’t make sense. The Prodigy Finance approach is straightforward—lower interest rates mean more savings. It’s that simple. There is no complicated jargon or unnecessary financial hoops—just a smarter way to fund your education.
Still not convinced? Let’s do the maths.
Imagine two students, both borrowing $50,000 for their education. One chooses a lender with a 10% interest rate, and the other chooses a co-signer loan at Prodigy Finance at 8.35*.
Student | Interest Rate | Monthly Payment | Total Interest Paid |
|---|---|---|---|
Student A (Traditional Lender) | 10% | $660.75 | $29,290 |
Student B (Prodigy Finance) | 8.35% | $617.75 | $24,130 |
Key Takeaways:
Student B (with Prodigy Finance) saves $5,160 in interest over 10 years.
Their monthly payment is $43 lower, making it easier to manage expenses.
The value of making a smart financial decision
Financial freedom post-graduation
Graduating with a heavy debt burden can impact your career choices. With lower repayments, you have more freedom to choose jobs that align with your passion rather than just financial necessity.
More savings, less stress
Higher interest rates mean longer repayment terms and increased financial stress. Choosing Prodigy Finance allows you to focus on your studies without the constant worry of accumulating interest.
A future without unnecessary debt
The goal of studying abroad is to secure a better future. Making a financially sound decision today ensures that you reap the benefits for years to come.
The bottom line: why would you pay more?
Education is one of the biggest investments you’ll ever make. But just because it’s a big investment doesn’t mean it has to be an expensive one. Choosing the lender with the lowest rate is a simple, logical, and financially sound decision.
With Prodigy Finance, you’re not just getting a student loan—you’re securing a smarter financial future. The numbers don’t lie: lower rates mean more savings and more savings mean a better future.
So ask yourself: if you had a choice between paying thousands more and saving thousands, what would you choose?
The answer is simple. Choose Prodigy Finance. Choose smart borrowing. Choose your future.
Ready to save more on your student loan?
Join thousands of students worldwide who have made the smart choice. Apply now and secure the lowest rates with Prodigy Finance.
Prodigy Finance Ltd is authorised and regulated by the Financial Conduct Authority in the United Kingdom. Prodigy Finance loans are offered to eligible borrowers and these loans are governed by English law.
*Co-signer loan option available for Indian resident students & co-signers only. Co-signer representative APR 10.30% variable, based on a total credit amount of USD 41,600 (USD 40,000 amount borrowed + 4% admin fee), repayable over 180 months at a variable interest rate of 9.34% (5.00% fixed + 4.34% variable). Monthly repayment of USD 499.84. Total interest payable USD 51,370.75. Total amount payable USD 92,970.75.
