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Prodigy Finance Review

Prodigy Finance is a unique lender for international master’s students that focuses on their future earning potential. This gives borrowers how may not have the best credit score or current financial situation a way to afford the cost of college.

prodigy-finance-review
 prodigyfinance_logo_sl
2.8
Min. Credit ScoreMin. Credit Score None
Loan AmountsLoan Amount $1K up to the cost of attendance
Fixed APRLoan Repayment 7-20 years
TJ Porter
Written by:TJ Porter
Personal Finance Writer

Prodigy Finance is a lender focused on international students who want to pursue a master’s degree. It offers loans with no co-signer and collateral with a quick and easy online application. It has funded $1 billion in loans across 850 different schools and 20,000 students.

If you’re looking for a low-cost master’s degree loan, this Prodigy Finance student loan review will tell you everything you need to know.

Summarized Rating

Loan Features3
Interest Rates and Fees3
Qualification Leniency2
Application Process1
Customer Support4
User Reviews3.9

This parameter considers loan term lengths, loan limits, and loan structure optionality (fixed and variable rate offerings). For each loan type offered, each of these features was evaluated using the five-point scoring system. Then, the various scores were aggregated and averaged to establish an overall loan features score.

PRODIGY scores a subpar 3.0 for Loan Features. The lender offer highly flexible term lengths, but very limited loan structure optionality (fixed vs. variable).

Prodigy Finance Pros
Loans for international students
No co-signer needed
Pre-qualify and get rates with no hard credit pull
Payment deferred until graduation
Prodigy Finance Cons
Only available at select schools
No fixed interest rates
Only for graduate students
Only for specific courses of study
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After creating the account, you'll need to provide information like:

  • Where you live and have lived recently.
  • Your citizenship information.
  • Where you want to study and what you plan to study.

Frequently Asked Questions(FAQ)

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Can I lose my Money?
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About the Author

TJ Porter

TJ Porter

Personal Finance Writer

I have in-depth experience in reviewing financial products such as savings accounts, credit cards, and brokerages, writing how-tos, and answering financial questions both simple and complicated.

More about me