GMAT Club
July 24, 2025
Hyong1991

Joined: Nov 16, 2023

Posts: 43

Kudos: 17

Approved and confirmed but ended up with no funding

REVIEWER IDENTITY VERIFIED by post count [?]

So i was matched to funding in March 2025 and was giving a loan confirmation letter as well in June.
But in Jul , they told me there was no funding avaliable for my program despite, earlier confirmation as if that meant nothing at all. And it's has been a very very disappointing experience , I will not ever return to Prodijy again for my financing needs.

Any student looking to rely on Prodjy , please look elsewhere. That's all I can comment.

I just find it really irresponsible that they could go around issuing confirmation letters but don't have the necessary funds to actually provide the loans, that itself is a hugh no go.

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August 03, 2025
bb

Oh wow! I am sorry. that's pretty crazy. Thank you so much for sharing!
Did you apply for MBA or Masters loan.

August 03, 2025
Hyong1991

Yr 2 mba student

Was pre approved for both yr, first yr I got my disbursement

Second yr in late July they told me they'd ran out of funding. Totally irresponsible and unreliable

April 03, 2026
prasundps5

Never trust Prodigy Finance. It seems like it's their MO. They have done the same for all the students at my MBA School too. Withdrawing funding mid-way is even more detrimental than not financing at all. Never trust Prodigy!!!!!!