FAQs

Refinance

We are constantly expanding our eligibility criteria to help more students save on their loans.  See below for current eligibility criteria:

  1. You are a graduate from a top 25 MBA school in the US.  See below for a list of qualifying schools.

  2. You are currently employed.

  3. You are living in the UK or an eligible US state.  We support residents of the following US states: 

    Colorado
    Connecticut
    Florida
    Georgia
    Illinois
    Kansas
    Kentucky
    Maryland
    Mississippi
    Missouri
    Nebraska
    New Hampshire
    New Jersey
    New Mexico
    New York
    North Carolina
    Oklahoma
    Oregon
    Pennsylvania
    South Carolina
    Texas
    Utah
    Virginia
    Wisconsin

    We are working hard to expand this list so if your state is not listed here, please contact us at refi@prodigyfinance.com so that we can let you know when your state becomes eligible.

  4. We are unable to provide refinancing to US citizens or graduates who have permanent residence in the US. 

  5. You want to refinance a private education loan. We are unable to refinance existing Prodigy Finance loans.  

Eligible schools for Refinance:

Arizona State University: Carey
Carnegie Mellon: Tepper
Columbia Business School
Cornell University: Johnson
Dartmouth College: Tuck
Duke University: Fuqua
Emory University: Goizueta
Georgetown University: McDonough
Harvard Business School
Indiana University: Kelley
MIT: Sloan
New York University: Stern
Northwestern University: Kellogg
Stanford Graduate School of Business
UCLA: Anderson
University of California at Berkeley: Haas
University of Chicago: Booth
University of Maryland: Smith
University of Michigan: Ross
University of North Carolina: Kenan-Flagler
University of Pennsylvania: Wharton
University of Southern California: Marshall
University of Texas at Austin: McCombs
University of Virginia: Darden
University of Washington: Foster
Washington University: Olin
Yale School of Management

We do not currently offer discounts for automatic debit payments

There are different payment options available

  • Flywire allows you to easily transfer money from your US bank account. We will refund you for any costs incurred

  • We are working to implement a direct debit payment option which is expected to be live in the next few months – we will notify you when this launches

We offer a Grace Period of one month so your first payment will be due on the 28th of the following month after disbursement.

We’re excited to announce that this will be launching in early 2018. Until then we request that you make your payment as a direct transfer. 

We will pay the outstanding loan amount directly to your current loan provider. To accurately determine the outstanding loan amount, we’ll request that you send us a pay-off statement from your current loan provider.

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