Fixed Margin - This is calculated based on your future earning potential by Prodigy.

This happens because variable interest rates have two different parts: Prodigy finance uses a variable interest rate that shifts in reaction to market factors across the world. There is an administration fee attached to the modification.ĭo variable Prodigy Finance interest rates affect my education loan globally?

It is Prodigy’s credit committee that will have to approve the new loan amount. But it cannot be said for sure if your loan amount will be increased or not. You can also request for a loan increase as long as you haven’t been offered the maximum loan amount. However, do note that there is a minimum loan threshold for each school and you can’t go below it. It has to be before you sign the final loan agreement, which you do upon arrival on campus at the start of classes. You can reduce your loan amount after you’ve accepted Prodigy’s conditional offer. You don’t need collateral to fund your studies abroad.īecause Prodigy Finance offers an obligation-free loan, GyanDhan has partnered with them to help Indian students fulfill their vision of studying overseas.Ībsolutely yes.You don’t need a co-applicant/guarantor to get a study loan.What separates a Prodigy Finance education loan from traditional bank loans are the following two unique features: Since then, the fintech platform that offers education loans to international postgraduate students. Prodigy Finance, a UK based financial institution, was founded in 2007. What are the Advantages of Taking a Prodigy Finance Education Loan via GyanDhan?.What Documents Do You Need to Provide For a Prodigy loan?.How Do I Get a Loan From Prodigy Finance?.What are the Benefits of an Education Loan From Prodigy Finance?.How Does Prodigy Finance Disburse Education Loans?.What Does APR Mean in Prodigy Education Loan?.Can a Prodigy Loan Amount Be Changed After Accepting the Offer?.Does Prodigy Finance Cover Living Expenses?.What is the Maximum Prodigy Student Loan Amount?.What are the Prodigy Finance Loan Features?.

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