Anyone who has carried out for a loan knows that the manner can be difficult and irritating.
This de-emphasis is positioned on the massive banks, which tend toward the bureaucratic and impersonal. At Prodigy Finance, we’ve got revolutionized this system – streamlining as a great deal as possible at the same time as preserving the highest best.
We often obtain similar questions from our applicants that is why we have compiled our five Steps to avail Prodigy Finance Education Loan.
It was once 7 steps, however over time, we’ve labored to make it even easier for college kids to organize their price range, cozy their observe visa, and get into class without any stress Can do
1. Apply In Your International Student Loan On Line
Our utility is completely online and only takes 30 minutes to finish.
Applicants also can keep their application to finish it later. You can double-check your facts in case you need to pause – or for every other cause, it is no problem.
We have labored hard to make the platform simple and consumer friendly. Time and once more, we hear how smooth it is for brand spanking new applicants to finish the platform. Watch the video to pay attention how a Prodigy Finance borrower explains it in his personal phrases.
2. Get Your Prodigy Finance Loan Price
Qualified applicants typically obtain conditional approval for their loan inside 2 commercial enterprise days, and the offer is valid for 2 weeks.
Each loan offer is individualized, contemplating your private economic history in addition to the college, software and degree you desire to pursue.
And, when you have any questions before or after you get hold of your offer, you could without difficulty get in touch; Each applicant has a group member committed to answering debtors’ issues and guiding them via the manner.
3. Upload Supporting Documents
Once making a decision to simply accept your offer, loans are finalized with electronic scans of the specified schooling mortgage files:
The number one files required for prodigious finance loan are:
Proof of Identity (your passport)
evidence of admission
Credit Report*
proof of address
evidence of earnings
Proof of financial savings (if relevant)
Proof of scholarship or company sponsorship (if applicable)
Financial Aid Form (if applicable)
*In a few international locations, getting a credit report is 2d nature, but it isn’t a established norm. If you are unsure about wherein to at ease your credit document, you can take a look at out this whole manual; It will tell you exactly the way to get your credit score report.
4. Sign Your Loan Settlement Upon Arrival On Campus
Upon arrival at college, maximum students have to e-signal your loan settlement in order that your funds may be dispensed.
For felony motives, this step can best be finished after most students have arrived on campus.
You’ll be busy getting prepared, but it is an critical step and one which cannot be forgotten in the exhilaration. If the pupil fails to complete this step, the loan provide will be withdrawn.
Fortunately, Prodigy Finance regularly has one or group of workers contributors on campus to assist students. If you have got any questions on this step, you may ask them directly.
5. Disbursement Of Your International Student Loan
All loan quantities are transferred directly to the college. You’ll avoid the trouble and costs related to money transfers and the strain of making sure an worldwide cord earlier than the fee cut-off date.
If there is surplus budget after settling all tuition costs, the school can pay this amount to the student’s non-public financial institution account.
If you are looking forward to your Prodigy Finance loan to cover some part of your living fees, you must contact your university bursar or financial aid office as quickly as feasible.
They could be able to propose you on payment dates and procedures so that you aren’t left stranded.
That’s it. But, when you have more questions, you might want to test out our FAQ. If you don’t locate what you’re seeking out, you could continually contact us at info@prodigyfinance.Com.
Kotuk Finance Eligibility & Loan Process
Prodigy Finance believes that “Education ought to no longer be a barrier to training” and you’re eligible if:
you’re trying to take a look at overseas
You are well-known into one in every of the schools and packages that we assist
You are in one of the countries we assist (see the listing of unsupported areas here)
If you meet the standards, you could practice on-line and get a quote.
Which Nations Does Prodigy Finance Support?
If you belong to one of the eligible countries then you can observe for prodigious finance loan. We can’t aid a few regions. So in case your u . S . A . Is not listed, it’s miles an eligible county.
How To Get A Loan From Prodigy Finance?
Kooduk Finance Loan Processeligibility criteria and the way the price range will be disbursed.
Ready to get a Prodigy Finance Education mortgage?
The application technique is rapid and easy – and there is honestly no responsibility to accept a provisional mortgage offer.