Bengaluru; The year 2025 poses significant challenges for international students aspiring to enroll in their desired colleges due to changes in policies and rising tuition costs. In response, Prodigy Finance is initiating its 2026 student loan program ahead of schedule. This early launch provides an opportunity for students who missed their chance to study abroad to try again. Many students faced the disappointment of admissions that once held promise but turned into deferrals. Shifting visa regulations and prolonged processing times left countless students uncertain about their future steps. In the U.S., worries about renewing fixed-term F-1 and J-1 visas have emerged. Canada has limited study permits to 437,000, while delays in Australia’s Administrative Review Tribunal have further hindered approvals.
Compounding these issues, tuition fees have continued to escalate, with many U.S. universities raising costs by 5-7%, and the UK increasing fees by £1,500-2,000 for popular courses. Families have been forced to reassess their budgets and timelines, questioning how to sustain their aspirations. Nearly 40,000 students have deferred their admissions, and in May alone, there was a decrease of 19,000 in the number of student visas issued. As Donya Movahed expressed, “It felt like my dreams had collapsed.” Concurrently, there has been a significant surge in applications from around the globe. Prodigy Finance assists students from over 150 countries, and the demand has reached unprecedented levels.
While this growth is commendable, it also underscores the number of talented students who require additional time, clarity, and support to fulfill eligibility requirements, according to Sonal Kapoor, Global Chief Business Officer at Prodigy Finance. She remarked, “This motivated us to take early action and open applications for 2026 sooner since many students simply needed another opportunity. Some faced visa delays, others missed deadlines, and some couldn’t secure funding in time. We understand the effort involved in reaching this point, the late nights, the planning, and the hope. No one should have to abandon their dreams because of timing or paperwork. If this initiative allows even a few more students to progress, it is worthwhile.
These loans cover full tuition and living expenses* without the need for collateral or a co-signer, enabling those second chances. Sonal Kapoor further stated, “We are not just financing students; we are assisting them in reshaping their futures. In the face of rising tuition, visa uncertainties, and currency fluctuations, our USD loans offer stability, allowing students to concentrate on what is most important: learning, growth, and transforming acceptance into reality.” Prodigy Finance has always been regarded as a supportive partner in students’ dreams, recognizing the years of preparation, dedication, and sacrifices that accompany each application. Notably, students receive loans in USD, simplifying the borrowing and repayment process.
For 2026, Prodigy Finance is facilitating access to premier programs in the USA, UK, Germany, France, Spain, Canada, Australia, Singapore, and the UAE.
