Complete your second-period application in just a few easy steps
If you need funding for a course that has more than one academic period, we’re here to help! If you’ve financed your degree’s first study period with Prodigy Finance, you can also finance your second period studies with us.*
When you apply for your first period MBA or MS study loan, you can indicate whether you’ll want funding for a future academic period. If your application is successful, you’ll receive a conditionally approved amount for that future period.
Closer to your second period, we’ll simply need you to submit an application for your second period in order for us to evaluate your updated information. As part of the verification process, we’ll also review any changes in your financial circumstances to ensure that we can lend to you responsibly - often in as little as two days.
With a successfully verified application, you can be matched to available funding in our weekly matching rounds - closer to your start date, you'll have a few documents to review and accept, and you'll receive your loan agreement to e-sign.
Why fund your second period with Prodigy Finance?
You’re first in line
As you’re already a part of the Prodigy Finance community and have a first-period loan with us, your application is prioritised - we’ve got you!
A simplified application process
We've made the application process a lot smoother for you as a returning customer - this time around you will have fewer tasks to complete!
Dedicated support
We're standing by to assist you with your 2nd period loan application! You'll receive one-on-one support when you chat with us from your Prodigy
What will influence your second period application approval?
Maintain your credit profile
You’ll need to keep your credit profile in good order, and your financial position should remain unchanged or improved.
Manage your debt
Be careful taking on additional debt, beyond what you already told us about in your original application.
Confirm your savings
If you set aside savings for your second period that you declared in your first period application, you'll need to prove them as part of your new application.
Want to know more?
Join a webinar
If you would like to submit your application for your conditionally approved second period funding but you have some questions, we've got you! You can join one of our weekly webinars to learn more.
Browse our FAQs
We’re here to help you. You can explore our easy-to-use FAQs, or chat to a member of our team directly from your Prodigy account dashboard if you require assistance!
*US State ineligibility due to residence
Be aware that residents of ineligible states will not qualify for funding. It is recommended that you request funds to support your future periods in advance when you submit your first year loan application for us to reserve these future funds for you.
