Am I eligible?
You plan to study abroad
You want to study at a school we support
You're from a country or state we support
Schools we support
Search our list of over 850 schools in 18 different countriesFind your school
How it works
Register your interest and tell us more about your study plans. We’ll help you get everything ready so that applying for funding is effortless.
Apply for funding
In exchange for some additional details about your plans, you’ll receive a customized quote. If you’re still deciding where to study, you can submit an application for each school and compare offers.
Upload your documents
Accept the quote that’s right for you and upload a few documents. We’ll finalise our risk assessment, and you’ll join our waitlist while we confirm available funding.
Finalise your loan
We’ll match your application with the funds we’ve raised from our community of investors. If you’re matched, we’ll notify you so you can commit to your loan and get an official letter to use when applying for your visa.
Sign on the dotted line
Sign your loan when you land on campus, and your money is on the way! We send funds straight to your school, so you don’t have to worry about making complex international transfers.
Study first, pay later
Soak up campus life and share your story with the next batch of international grads. Payments don’t start until 6 months after classes end if you study full time, so you can focus on getting your degree and landing that dream job.
An easier way to pay back your loan
Here's a representative example
Education loan amount example
Interest rate example
We use a variable simple interest rate which tracks a fluctuating benchmark rate. The interest rate includes a fixed margin tailored to your application and the benchmark rate that will change throughout the life of the loan. We use 3-month CME Term SOFR as this benchmark.
Education loan repayment example
APR (Annual Percentage Rate) is a rate that shows your total cost of borrowing, including the interest rate and any fees or additional costs. When comparing education loan offers from different lenders, it’s best to use APR rather than monthly interest rate. Your monthly interest rate will always be lower than APR because it only represents part of the total cost of your loan.Watch this video to find out more
Terms and conditions
10.50% is the minimum possible Annual Percentage Rate you could be offered. This APR assumes a 4.98% fixed margin rate, a 4.66%* variable base rate (3-month CME Term SOFR as of 6 January 2023), and a 5% administration fee. The actual rate offered will depend on your circumstances, loan amount and term, and may differ from the minimum and/or the average representative APR shown in our representative example above.
The average APR for student loans is 14.20%.
To qualify, borrowers must meet Prodigy Finance eligibility and underwriting requirements.
Prodigy Finance reserves the right to vary or discontinue its student loan product at any time without notice.
* Benchmark rates shown on this page are rounded to 2 decimals of a percentage for illustrative purposes. For the actual rate used, click here.
Join one of our events
Want to meet the team? You can find out more about Prodigy Finance and hear from other international students at our monthly events, workshops and webinars.Meet us