upGrad offers loans for masters abroad with a repayment period of up to 20 years

Prodigy Finance has partnered with upGrad Abroad to fund overseas education for learners pursuing master’s degrees at leading universities. The two organizations have joined forces to ensure that second-year master’s students can benefit from collateral-free loans, with a repayment period of up to 20 years.

As part of this partnership, upGrad Abroad will offer master’s courses in areas such as artificial intelligence (AI), data analysis, civil engineering, entrepreneurship, cybersecurity, international business and management. projects, among others, in destinations such as the United States, the United Kingdom, Germany, Canada, Ireland, Australia and France.

“The partnership aims to solve a larger goal, in which every learner should be offered the opportunity to pursue higher education in their dream schools globally, without fear of financial constraints,” says edtech.

Learners will have the freedom to study abroad from the international campus, without any co-signer, guarantor or guarantee. The process is seamless, allowing learners to access their loan status, allocation, transfer and repayment on the Prodigy Finance online platform which is accessible from anywhere in the world, says he. This will further encourage learners to have the confidence to pursue higher education globally and enough time to discover and network around the best campuses in the world.

Commenting on the partnership, Mayank Sharma, Country Manager, Prodigy Finance, said, “We are delighted to partner with upGrad Abroad to pursue our shared vision of making quality education accessible and affordable. It gives us immense pleasure to announce that upGrad Abroad students would have the opportunity to have the best of both worlds, benefiting from our guarantee and loan without a co-signer, without letting the cost of education get in the way. their dreams.

Ankur Dhawan, President of upGrad Abroad, said, “We want to support our learners’ dreams of studying abroad, further democratize education, and provide quality education opportunities for all. We strongly believe that financial burdens should not get in the way of a quality education and therefore our partnership with Prodigy Finance will ensure that our learners are not hindered in their pursuit of higher education. We want to support our learners throughout their study abroad journey, from writing SOPs to documentation, applications, coaching and mentoring, internships, visa application and now financial aid . Therefore, we are pleased to partner with Prodigy Finance to advance our vision of empowering our learners, as they complete their degrees and career transformations at international universities.

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