Prodigy Finance is founded on the philosopy that funding should not be a barrier to education. Prodigy Finance provides loans for Master's programmes.
Prodigy Finance:
- lends to most international students, subject to eligibility
- lending for approved Master's level courses
- funded by community and external investors
- lending levels based on innovative predictive post-degree salary models
- prodigy finance is fully responsible for lending decisions - eligibility criteria apply
- competitive interest rates
The Prodigy Finance loan will be a contract between Prodigy Finance and the student. The University of Twente will not be involved in the application process and is not responsible for any circumstances involved.
Regions which are not eligible for a loan:
Information on Prodigy Finance.
Scholarship value
The minimum loan amount is USD 10,000. The maximum loan amount: for full-time programmes: up to the total tuition costs (excluding the deposit, which must be paid upfront by the applicant).
Application requirements
To be eligible to receive a loan from Prodigy Finance, applicants must:
- be an admitted international student from an approved university for a supported programme
- be a resident of the countries indicated earlier and intending to study on a visa supported programme
- pass Prodigy Finance cross-border, online credit-risk assessment
- Prodigy Finance can provide funding to students who have lived (or worked) in their study country for less than 90 days leading up to their studies, and do not consider their study country as "home".
Mandatory:
- proof of admission
- passport copy
- proof of current residential address
- local credit report: varies by country of residence