Prodigy Finance No Co-signer Loan
Borrow up to $220,000 for your studies—no co-signer or collateral needed. Enjoy competitive rates starting at 10.26% and a 6-month grace period after graduation.
Prodigy Finance’s No Co-signer Loan stands out for international students and US residents seeking funds for master’s programs without the hassle of finding a co-signer. With interest rates beginning at 10.26%, the lender allows you to borrow up to $220,000, subject to school limitations. There’s no collateral, no credit history requirement, and the flexibility of a 6-month post-graduation grace period for repayment. These features make this offer especially attractive for students who want independence and flexibility.
How to Apply: Step-by-Step
1. Register for an account with Prodigy Finance and submit your loan application for eligible schools.
2. Receive a provisional offer valid for 14 days and review your loan terms.
3. Upload supporting documents for verification, including admission proof when available.
4. Accept the loan, pay the $500 processing fee, and await final allocation.
5. Once on campus, complete any final steps and sign your agreement digitally to disburse your funds.
Key Advantages
This loan is perfect for students lacking a US co-signer or credit history but who have clear career goals. The streamlined, fully online application saves time and effort.
The repayment grace period and absence of early repayment penalties increase flexibility, helping graduates get settled before starting payments.
Disadvantages to Consider
Interest rates can be higher compared to loans with co-signers, and the amount you can borrow is tied to school policies. The $500 processing fee is required upfront.
Only select universities are included, so applicants should confirm school eligibility before starting the application process.
Our Verdict
Prodigy Finance’s No Co-signer Loan is a compelling choice for graduate students who value privacy, flexibility, and independence. The transparent process and international inclusivity make it a top pick among no-co-signer education loans.