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Arona International is a multi-dimensional education consulting firm particularly dealing with student recruitment for Malaysia and beside 14 other destinations from Bangladesh.
Arona International recently signed an agreement with an American organization namely Prodigy Financing which provides loans to international students as such Bangladesh is one of the countries as well.
Prodigy Finance is founded on the philosophy that funding shouldn’t be a barrier to education.
In 2007, three MBA students recognized that traditional banks don’t serve the needs of international students: requiring collateral, co-signers, guarantors or documentation that students simply don’t have. They made it their mission to make quality education accessible, using fi ntech to redefine the student loan market.
Our innovative and borderless model assesses you on your potential, among other variables, not just your current circumstances and credit history.
We work with alumni, impact investors, and other private qualified entities who invest in tomorrow’s leaders whilst earning a financial and social return.
6.7% is the minimum possible Annual Percentage Rate you could be offered. This APR assumes a 5.6% fixed margin rate, a 0.2% variable base rate (3-mon USD LIBOR as of 8 Apr 2021), and a 5% administration fee. The actual rate offered will depend on your circumstances, loan amount and term, and may differ from the minimum and/or the average representative APR shown in our representative example above.
The average APR for student loans is 10%.
To qualify, borrowers must meet Prodigy Finance eligibility and underwriting requirements.
Prodigy Finance reserves the right to vary or discontinue its student loan product at any time without notice.
