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Jun 2, 2025
Study Abroad With Prodigy Finance Education Loans
Secure your abroad education loan with Prodigy without the hassle of a co-signer or collateral at interest rates starting from 8.35%*.
Co-signerNo collateral
Prodigy Finance
Education Loan
Up to 100% of EC
Interest Rate
8.35%* onwards
Processing fee
4%
Processing time
7 Days
WITH LORIEN FINANCE GET
High Approval Rate
17+ trusted lenders on one single platform
Starting at 3.39%*
Competitive Rate of Interest
Flexible Loans
No co-signer & no collateral loans available
Why Choose Lorien Finance for a Prodigy Finance Study Abroad Loan?
Lorien Finance makes your Prodigy loan process seamless from eligibility check to disbursal get personalized support every step of the way.
No Co-signer Needed
Hassle-Free Application
Smart Interest Structure
Smart Repayment Plan
Loan Features & Details
| Features | Details |
|---|---|
| Maximum Loan Amount | 100% cost of education (Non-Collateral) |
| Interest Rate | Starting from 8.35% p.a.* |
| Repayment Period | Up to 20 years after course completion |
| Processing Fee | 4% + $500 |
| Margin Money | NIL |
| Moratorium Period | Study period + 6 Months |
| Prepayment charges | NIL |
| Countries Covered | USA, UK, Australia, Canada & Germany |
Eligibility criteria
- Must be an Indian citizen and 18 years of age.
- Must have confirmed admission to a Prodigy supported school.
- Must have a strong academic background.
- Co-applicant required (parent/guardian/spouse/sibling) with a stable income.
- Collateral required for loan amounts above the non-collateral threshold (varies by profile)
4.7
on
reviewsInternational Alumni Network of 500+ Indian Students
4.7
onreviews
Loan Received: $30,000
Int. Rate: 6.45%
"I had a smooth and hassle-free experience securing a loan with Lorien Finance. They were professional, approachable, and transparent throughout the process, explaining all terms and conditions clearly. I highly recommend Lorien finance and Nishant for reliable financial assistance."
Harsh
Montclair State University
5
Loan Received: $28,000
Int. Rate: 7.24%
"I would like to express my sincere gratitude to Lorien Finance for their outstanding support in assisting me with my loan process. The team took the time to explain all the details, answer all my questions, and provide valuable advice throughout the entire process."
Vaidehi
University of New Haven
5
Loan Received: $35,000
Int. Rate: 4.70%
"I had a great experience with Lorien Finance while securing my student loan. The process was smooth, transparent, and efficient, making it stress-free for me. Lorien’s dedication to helping students achieve their educational goals is truly commendable."
Ayush
University of North Carolina
5
Loan Received: ₹34 Lakh
Int. Rate: 11%
"With straightforward application process I received my loan approval faster than I expected with Lorien Finance. The customer service team was responsive and very knowledgeable. I appreciate their transparency about fees and interest rates."
G. Bhanu
University of Portsmouth
4.7
Loan Received: $30,000
Int. Rate: 6.45%
"I had a smooth and hassle-free experience securing a loan with Lorien Finance. They were professional, approachable, and transparent throughout the process, explaining all terms and conditions clearly. I highly recommend Lorien finance and Nishant for reliable financial assistance."
Harsh
Montclair State University
5
Loan Received: $28,000
Int. Rate: 7.24%
"I would like to express my sincere gratitude to Lorien Finance for their outstanding support in assisting me with my loan process. The team took the time to explain all the details, answer all my questions, and provide valuable advice throughout the entire process."
Vaidehi
University of New Haven
5
Loan Received: $35,000
Int. Rate: 4.70%
"I had a great experience with Lorien Finance while securing my student loan. The process was smooth, transparent, and efficient, making it stress-free for me. Lorien’s dedication to helping students achieve their educational goals is truly commendable."
Ayush
University of North Carolina
5
Loan Received: ₹34 Lakh
Int. Rate: 11%
"With straightforward application process I received my loan approval faster than I expected with Lorien Finance. The customer service team was responsive and very knowledgeable. I appreciate their transparency about fees and interest rates."
G. Bhanu
University of Portsmouth
4.7
Your Complete Study Abroad Guide Starts Here
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Frequently Asked Questions
01
Can refinancing Prodigy loans after graduation save me money, and how?
01
Can refinancing Prodigy loans after graduation save me money, and how?
01
Yes. Many borrowers refinance with lower-interest lenders like SoFi (often between 6–8%) once they build credit or secure a job. Lorien can help you evaluate refinancing to reduce your repayment cost.
02
How do Prodigy’s variable interest rates work, and how can they change?
02
How do Prodigy’s variable interest rates work, and how can they change?
02
Prodigy offers variable APRs starting around 8.35%, but these can fluctuate with benchmark rates (like SOFR), affecting your total interest. Lorien helps explain this variability clearly and strategize refinancing opportunities post-graduation.
03
Can I check my eligibility for a Prodigy Finance loan before admission?
03
Can I check my eligibility for a Prodigy Finance loan before admission?
03
Yes, Prodigy allows conditional eligibility checks based on your academic profile and future earning potential, even before your admission is final. Lorien Finance ensures this is timed strategically to align with your admission and visa workflow.
04
Does taking a Prodigy loan impact my credit score or future financial planning?
04
Does taking a Prodigy loan impact my credit score or future financial planning?
04
Yes , your loan is visible on your credit profile, and timely repayments can help build your credit record, not only internationally but also if you continue abroad post-study. Lorien advises on this to align with your long-term financial goals.
05
Do I need a co-signer or collateral to qualify for a Prodigy loan via Lorien Finance?
05
Do I need a co-signer or collateral to qualify for a Prodigy loan via Lorien Finance?
05
Typically, no. Prodigy’s model is built on no co-signer and no collateral, assessed through your profile and future income potential. In India, adding a co-signer can help secure slightly better terms. Lorien ensures you choose the best route for your circumstances.
06
Can I check my eligibility for a Prodigy loan even before admission?
06
Can I check my eligibility for a Prodigy loan even before admission?
06
Yes, Prodigy allows you to apply for a conditional loan offer before your admission is confirmed, based on criteria like future earning potential and school support. Lorien helps you time this smartly, so it aligns with your application or visa deadlines.
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609 Greenwich St, New York, NY 10014
INDIA Office
New Delhi - Plot No.1/262, Westend Marg, Saket,
New Delhi 110030
Mumbai- C20, G-Block BKC, Bandra East, Mumbai,
Maharashtra 400051
Nashik- 138, Vitthal Bungalow, Madhu Vijay Colony,
Nashik 422005
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