How do I pay my Prodigy loan?
Payment methods
- Set up an auto-debit for the simplest experience.
- Each month, Prodigy Finance will automatically take funds from your account on the date you've chosen.
- There are no fees for auto-debit and your payment is guaranteed to arrive on time, every month.
Does Prodigy finance give loan for UK?
Prodigy Finance loans are available to students from roughly 150 countries. Students from the UK can also apply for loans for study in the UK. ... Acceptance is, of course, necessary to complete the process and receive a loan.
What happens if you dont pay prodigy?
If your loan is in default, we will terminate the agreement we have with you and begin legal proceedings to recover the outstanding balance. Our loans are enforceable in 150 countries. Please note that the option to request a payment arrangement is no longer available once your loan has defaulted.
Can I refinance my Prodigy loan?
Prodigy offers student loan refinancing for those who aren't U.S. citizens but work in the U.S. Borrowers can refinance through Prodigy without collateral or a co-signer. Prodigy is limited to only certain states and certain programs for eligibility.
How do you get a prodigy loan?
How it works
- Get started. Register your interest and tell us more about your study plans. ...
- Apply for funding. In exchange for some additional details about your plans, you'll receive a customized quote. ...
- Upload your documents. ...
- Finalise your loan. ...
- Sign on the dotted line. ...
- Study first, pay later.
Does Prodigy Finance reject loan applications?
You don't need to be admitted to apply and you can submit multiple applications to explore your funding options for different schools or courses. Remember, a quote is just a provisional offer for funding and does not bind you to any kind of agreement with Prodigy Finance.
What is the interest rate for Prodigy Finance?
Prodigy Finance loan calculator
8.7% Prodigy Finance fixed margin (fixed rate of interest) 8.9% annual simple fixed margin plus a variable base rate (3-month USD LIBOR of 0.2% as of 1st January 2021)
How much can you borrow on Prodigy?
Graduate Student Loans
Variable APR |
5.91% and up |
Loan Amounts |
$15,000 to 100% of total cost of attendance |
Loan Terms |
7, 10, 15, or 20 years |