About the Scheme
Buddy4Study - Prodigy Finance Education Loan Program is a joint initiative of Buddy4Study and Prodigy Finance that provides financial backing to aspiring students who have secured admission into higher educational institutions abroad. This loan program distinguishes itself by assessing applicants' affordability based on their future earning potential rather than their current circumstances. Additionally, this program offers extensive support for students from diverse backgrounds. The average loan size changes depending on what applicants state in their loan applications. The program's smallest loan is $10,001, and the typical loan is $36,000 for each academic period.
At a Glance
At a GlanceInternational scheme for the 2026 academic year. Partially funded; applications are online only.
- Loan
Eligibility Criteria
• To be eligible for Buddy4Study - Prodigy Finance Education Loan Program, applicants need to meet three basic requirements: • They must be accepted into a school and program supported by Prodigy Finance. Applicants can apply for a quote before receiving their acceptance letter; proof of admission is required only when finalising the loan. • Applicants must be planning to study abroad. • They must reside in one of the countries supported by Prodigy Finance. (List of unsupported countries) • Note: • If these criteria are met, applicants can complete a quick online application to receive a quote. In most cases, the quote will be provided immediately, indicating the eligible loan amount, interest rate, loan term, and any applicable fees. • If attending a school in the US: Prodigy Finance can provide funding for students living in the US, US citizens, and international students outside the US. • If attending a school in the UK: Funding is available for UK residents, citizens, and international students outside the UK. • If attending a school in France: Prodigy Finance cannot offer funding for students living in France who also plan to study at a French university. • If attending a school elsewhere: Funding is available for students who have not resided or worked in their study country for more than 90 days before beginning their studies. This excludes France but includes Canadian provinces and territories. • Students studying in certain US states like Rhode Island and Vermont may not be eligible for funding.
Admissions & Course Track
Professional courses and Undergraduate students studying Engineering & Technology, Business & Management and Education.
Nationality
Open to applicants of any nationality.
Award Benefits & Structure
The award is paid monthly.
Flexible international student loans per month
Monthly payment, partially funded.
Additional Benefits
operational expenses
Mandatory Document Checklist
Keep clear scanned copies of these ready before you begin your application.
- Essential
Passport
A valid passport — scan the bio-data page.
Selection Procedure & Key Timeline
Application Registration Opens
The online application opens.
Application Deadline
(Active)Last day to submit your application and supporting documents.
How to Apply
Applications for this scheme are online. Follow these steps in order.
About the Provider
Prodigy Finance
University
Prodigy Finance is dedicated to making quality education more accessible. Since 2007, they have given out approximately INR 131.25 billion in loans, assisting more than 38,000 students in pursuing their overseas study ambitions. With a unique credit model developed over the years, Prodigy Finance can lend to students hailing from 150 different countries worldwide. This inclusive approach reflects its commitment to providing financial assistance to students from around the globe. Their unique credit assessment considers future factors like expected income before studying, university acceptance, and potential earnings. This approach makes loans affordable without needing collateral or co-signers.
Frequently Asked Questions
The Buddy4Study - Prodigy Finance Education Loan Program is a international scholarship offered by Prodigy Finance for the 2026 academic year. For college students who aspire to study abroad
• To be eligible for Buddy4Study - Prodigy Finance Education Loan Program, applicants need to meet three basic requirements: • They must be accepted into a school and program supported by Prodigy Finance. Applicants can apply for a quote before receiving their acceptance letter; proof of admission is required only when finalising the loan. • Applicants must be planning to study abroad. • They must reside in one of the countries supported by Prodigy Finance. (List of unsupported countries) • Note: • If these criteria are met, applicants can complete a quick online application to receive a quote. In most cases, the quote will be provided immediately, indicating the eligible loan amount, interest rate, loan term, and any applicable fees. • If attending a school in the US: Prodigy Finance can provide funding for students living in the US, US citizens, and international students outside the US. • If attending a school in the UK: Funding is available for UK residents, citizens, and international students outside the UK. • If attending a school in France: Prodigy Finance cannot offer funding for students living in France who also plan to study at a French university. • If attending a school elsewhere: Funding is available for students who have not resided or worked in their study country for more than 90 days before beginning their studies. This excludes France but includes Canadian provinces and territories. • Students studying in certain US states like Rhode Island and Vermont may not be eligible for funding.
The award is Flexible international student loans per month. It is partially funded.
Applications open on 12 April 2024. The last date to apply is 31 October 2026.
You need Passport.
Applications are online. 1. . 2. . 3. . 4. . 5. . 6. . 7. . 8. . 9. .
