Prodigy Finance is a financial institution that specializes in providing student loans to international students pursuing higher education. Established in 2007, the company has carved a niche for itself by focusing on students from emerging markets who may face challenges in securing traditional loans due to limited credit histories.
How Prodigy Finance Student Loans Work:
- Global Reach: Prodigy Finance operates in collaboration with top universities worldwide, offering loans to students pursuing various disciplines.
- Collaboration with Universities: The company works closely with partner universities to identify and support students who demonstrate strong academic potential but lack access to traditional financing options.
- Risk Assessment Model: Prodigy Finance employs a unique risk assessment model that considers factors beyond credit scores. It takes into account the applicant’s academic performance, career potential, and the reputation of the chosen educational institution.
- Future Earning Potential: Unlike traditional lenders, Prodigy Finance evaluates applicants based on their future earning potential, considering the expected financial return on investment from their education.