If you are a Master’s student looking for financial assistance to support your international education journey? Prodigy Finance, a renowned international student loan provider, has is another great opportunity for you. The Prodigy scholarship program, offering a grant of about $5,000 to support deserving students from around the world. This initiative aims to ease the financial burden on students pursuing postgraduate degrees abroad.
What is Prodigy Finance?
Prodigy Finance is a global leader in education financing, established over 16 years ago to help international students access higher education without the traditional hurdles of credit history or local guarantors. The company partners with top universities across the United States, United Kingdom, and Europe, providing flexible loan options for students in need.
Unlike traditional loan models, Prodigy Finance offers a borderless lending approach, making it possible for students to secure funding and repay based on their post-study income. This repayment model gives students the breathing space to focus on their studies without excessive financial pressure.
About the Prodigy Finance Scholarship
To further extend its mission of empowering students, Prodigy Finance has launches scholarship funds every academic session. This scholarship provides financial support of about $5,000 to some selected students, helping them offset tuition fees or living expenses during their master’s program.
Scholarship Details:
Scholarship Value: $5,000 (approx. £5000) per student
Number of Awards: Not soecifiedy
Application Period: Usually from April 1 – April 30
Result Announcement: Around May
Eligibility Criteria
To be considered for the Prodigy Finance Scholarship, applicants must meet the following criteria:
Must be enrolled or admitted into a Master’s degree program for the current academic year.
Must demonstrate financial need and be able to explain how this scholarship would benefit their education journey.
Must be willing to share their personal story on Prodigy’s platform, including how they plan to use their education to make a difference.
Only one entry per applicant is allowed.
All entries must be submitted within the application window
Why You Should Apply
Many international students face significant challenges funding their education abroad tuition fees, travel costs, and living expenses can be overwhelming. Prodigy Finance’s scholarship offers more than just money, it gives you visibility, support, and an opportunity to be part of a community committed to educational access.
Whether you’ve already received a loan from Prodigy or are just learning about their services, this scholarship is open to any eligible master’s student seeking financial support for the upcoming academic year.
Selection Process
After the scholarship application deadline, Prodigy Finance will review all submitted entries. Shortlisted candidates may be contacted for interviews to further discuss their application and motivations.
The final list of scholarship recipients will be announced and the funds will be disbursed to the successful candidates accordingly.
How to Apply for the Prodigy Finance Scholarship
Applying for this scholarship is simple and straightforward:
1. Visit the official Prodigy Finance website.
2. Fill in the required details and provide your personal story explaining your financial need and educational goals.
3. Ensure your application is submitted within the time frame
Apply Now on Prodigy’s Website
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About the Author
Scholarships like these are crucial in making higher education accessible to talented individuals who may face financial constraints. It's also commendable that the scholarship supports a diverse range of fields, fostering innovation and development across various disciplines. Similarly, Singapore’s Edusave Scholarships are an excellent initiative for students in Singapore, offering financial support and recognition for academic excellence, helping to further educational opportunities and encourage a culture of learning and achievement.