Prodigy Finance · Credit-building products
Prodigy Finance International Student Loan
Education financing for eligible international master’s students at supported schools. Spring 2027 applications are open to Indian students, subject to residency, program, funding and credit assessment. Variable interest and processing/admin fees apply.
Pros & Cons
Pros
- Standard eligible study-abroad loans without collateral or cosigner.
- No existing credit history is not automatically disqualifying.
- Monthly U.S. reporting to Equifax/Experian when a complete U.S. address is on record.
Cons
- Education financing for supported postgraduate study; funding and credit approval are required.
- Variable interest plus processing fee up to $500 and administration fee up to 4.20%; compare your personalized APR.
- Current guidance lists $100 monthly in-school payments. Full-time full repayments start after a six-month post-course grace period; terms vary by intake.
- Confirm U.S. credit-reporting eligibility and address requirements; earlier history may not be backdated.
Generated from the provider's published terms and reviewed against official sources.
Costs and key facts
| Recurring fee | Not confirmed |
| Minimum opening deposit | Not confirmed |
| SSN requirement | Conditional |
| ITIN accepted | Not confirmed |
| Credit check | NotStated |
Eligibility and application requirements
U.S. address: Conditional
Residency and other conditions: Age 18+, supported country of residence, qualifying school/program and affordability approval required. No credit history does not automatically disqualify; a no-hit report can be requested. Current intake supports India; current exclusion list includes U.S. and Canadian resident markets. Confirm funding availability before applying.
Geographic restrictions: School and residency restrictions apply. Schools in Rhode Island/Vermont may be ineligible. Additional state/residence exclusions are listed by Prodigy; confirm your exact school, residence and intake with the provider.
Product review: 03 Nov 2026. Source retrieval dates below are separate from editorial verification. An accepted ITIN does not establish residency eligibility.
Compare credit-building products requirements and costs · How we assess published requirements
Credit-builder loan terms
| Loan amount / reported tradeline | Not confirmed |
| Monthly loan payment | Not confirmed |
| Term | Not confirmed |
| Opening administrative fee | Not confirmed · Processing fee up to USD 500 is paid to reserve matched funds before loan finalization. Administration fee up to 4.20% is added to the loan. Interest is a fixed margin plus variable benchmark; grace-period interest may be capitalized. Current repayment guidance includes in-school payments; your final offer controls. |
| Interest rate | Not confirmed |
| APR | Not confirmed |
| Advertised total payments | Not confirmed |
| Advertised finance charge | Not confirmed |
| Principal released at completion | Not confirmed |
Evidence and official terms
- OfficialPage — retrieved · View source
- OfficialPage — retrieved · View source
- OfficialPage — retrieved · View source
- OfficialPage — retrieved · View source
- OfficialDisclosure — retrieved · View source
- OfficialPage — retrieved · View source
This information is educational and does not guarantee eligibility or approval. The provider makes the final decision.