7/13/2021 Future earnings model and future of loans 

countries after graduation, whether that stay is indefinite or only to gain a few years of work
experience. MENU

While this isn’t something international lenders are required to do, we feel it’s critical to push
the boundaries and ensure the success of each student remains at the centre of our work.

Reaching new markets, moving Prodigy Finance into the

future
Prodigy Finance manages a very specific asset-class (i.e. the post-grad international student
loan asset class) and we’re the only scaled player in that space.

While it’s great to not suffer from too much direct competition, we’re also the first one and
sometimes the only ones to encounter the issues and challenges that come with assessing and
managing this specific asset class.

For instance, not all courses or schools offer the same level of data so we have to adapt our
underwriting to the available data. We always maximise whatever data is available and we
learn as quickly as possible along the way.

Building the required dataset and performance outcomes takes years and significant volumes
of information. We’re finally reaping the benefits of our patience. In addition to FEP2 for MBA
borrowers, we’re hoping to have a solid Engineering FEP model in time for 2019 intake - and we
only launched financing for engineering programmes in 2016.

It represents a significant improvement in the development cycle and brings us closer to

greater opportunities.

We’re getting to the stage where we have a global PD model that is non-specific to student
loans but that we can roll out across the superprime tertiary-educated expat population across
the world which we believe is around 60 million people. We’ll be able to scale much more
quickly and diversify into non-student loans products such as credit cards or personal loans
once we have finalised this capability.

Ready for grad school? Want a loan?

Prodigy Finance provides loans for international students pursuing masters degrees at top
universities across the globe. Why not take a moment to see how our FEP model can help you
get the degree you've always wanted.

APPLY FOR A PRODIGY FINANCE LOAN NOW

Prodigy Finance Ltd is authorised and regulated by the Financial Conduct Authority. 

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