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Who is eligible to apply for a Prodigy loan?

To be eligible to receive a loan from Prodigy, you must:

  1. Have received an offer of admission from a university with an established Prodigy loan programme, for an applicable study programme
  2. Be a foreign national and not habitually resident in the country where the school is located.* (For example, in the U.S. this means you cannot be a citizen or have permanent residency including  green card status). In addition, non-permanent residents who have lived and worked in the country where the school is located for 12 months prior to study are also unfortunately ineligible for funding at this time. The only exception applies for a UK national or resident studying at a UK business school. These candidates are eligible to apply for a loan with Prodigy Finance
  3. Pass our cross-border credit review. Prodigy Finance performs a credit review on every applicant. Your credit report must not show previous significant delinquencies on credit obligations
  4. Pass a background check against Know Your Customer (KYC), Anti Money Laundering (AML) and Politically Exposed Persons (PEP) criteria

*Prodigy can offer loans to applicants from 150 different countries. (You can view a list of unsupported countries here).

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