How student loans REALLY work | HIDDEN truths about student loans

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  • เผยแพร่เมื่อ 2 ธ.ค. 2024

ความคิดเห็น • 150

  • @Doyindoccom
    @Doyindoccom  ปีที่แล้ว +2

    If you need further help and resources, click here: linktr.ee/doyindoccom or check the description of this video

  • @tamanjikestin1194
    @tamanjikestin1194 ปีที่แล้ว +11

    Thanks for the information. I wish to ask how do you pay back the loan when F1 students only get 20 hours to work weekly and must be an on-campus job?

    • @Redditinsights76
      @Redditinsights76 ปีที่แล้ว

      After graduation and you started working that is when you started paying the loan

  • @kelechianozie3755
    @kelechianozie3755 ปีที่แล้ว +3

    If a person start paying back the money after graduation or six months after graduation, won't the interest be too much or even more than the principal money? And if that is the case, the total amount accumulated will be too outrageous

  • @okeylivinusonuoha8263
    @okeylivinusonuoha8263 11 หลายเดือนก่อน +2

    And secondly you re really doing a good job,keep the good job going ON!🤛

  • @caxandraiwueke5175
    @caxandraiwueke5175 3 หลายเดือนก่อน +2

    What if they send the cash to the school and your visa was denied? What happens?

  • @Hodarii
    @Hodarii ปีที่แล้ว +2

    Hi doyin, I wanted to ask, some schools require you pay a deposit and usually prodigy will ask you if you have paid. If no, do you think the loan can cover the deposit? Don’t know if you understand

  • @jolhabolha2620
    @jolhabolha2620 2 ปีที่แล้ว +6

    hey, i love you hahaha I thought i would never be able to study filmmaking in L.A, now i see that there are options to me and i can totally do this!!! thank you so much, your channel its really helpful

    • @Doyindoccom
      @Doyindoccom  2 ปีที่แล้ว

      Thank you. Glad you find the videos helpful

  • @SharonJebitok.
    @SharonJebitok. ปีที่แล้ว +1

    Are there student loans programs that fund one-year program Postgraduate Certificate in polytechnics in Canada or must they fund universities only

  • @shoremekunyinka9590
    @shoremekunyinka9590 2 ปีที่แล้ว +3

    Thanks alot for the video. I want to ask two questions.
    1. I want to ask if I can go with my wife and kids if I can show my proof of funds for them.
    2. I want to request for the link of the repayment schedule you said in the video. You made mention of compound interest. Thanks

    • @Doyindoccom
      @Doyindoccom  2 ปีที่แล้ว +1

      I dont understand your first question. If you are traveling with your wife and kids, you have to show proof of funds for tuition AND living expenses for ALL of you. I will share a video on interest rates and compounding

    • @BlessingMbaso-gq3ng
      @BlessingMbaso-gq3ng 6 หลายเดือนก่อน

      Please how much proof of funds do I need to apply ​@@Doyindoccom

  • @NmarhAtibire-wl5uu
    @NmarhAtibire-wl5uu ปีที่แล้ว

    Pls do they give the loan to some specific courses or any other course you want to study

  • @gracegodwin8034
    @gracegodwin8034 ปีที่แล้ว +2

    I stumbled across your page now and I notice you normally talked about loans. Please I want to ask if I study with student loan in Canada, will I be eligible for a postwork graduate permit please

    • @AwobajoOladimeji
      @AwobajoOladimeji 9 หลายเดือนก่อน

      Hmmm, good one you are in my mind, please help us with this. thank you

  • @Sarahilal01
    @Sarahilal01 ปีที่แล้ว +1

    How can I find a lone to pay for film school as all the lone companies only cover university not an academy

  • @PriyankaRani-kw8te
    @PriyankaRani-kw8te 7 หลายเดือนก่อน

    Hi for a masters program can a pre approved loan by prodigy for the next year be shown as funding for Visa application?

  • @akuaafriyie8491
    @akuaafriyie8491 ปีที่แล้ว

    Thank you. Please send me a link to apply to the mpower loan.

  • @oluwatosingbadamosi9963
    @oluwatosingbadamosi9963 2 ปีที่แล้ว

    Can I start paying as soon as I am getting money before the end of my program? Also can I move with my Family members too

  • @nwokochidindu7529
    @nwokochidindu7529 ปีที่แล้ว

    Thanks Doyin.
    I have got a question about the co signer?
    How do you get one and does the cosigner need to be someone based outside or it doesn't matter

  • @uninaturalformulae835
    @uninaturalformulae835 2 ปีที่แล้ว

    Please do you repay in installments or in full

  • @millicentaisabor3788
    @millicentaisabor3788 2 ปีที่แล้ว +2

    Please is it possible to get student loan for colleges?

  • @oluwatosingbadamosi9963
    @oluwatosingbadamosi9963 2 ปีที่แล้ว +1

    Please is this applicable to UK schools too

  • @peterokegbe7334
    @peterokegbe7334 ปีที่แล้ว +1

    Does age play a role in student loan

  • @tots-fears
    @tots-fears 2 ปีที่แล้ว

    Hey Doyin. Thank you so much for the information. But I will like to know if I can apply for visa for my kids with my loan, or do you suggest I get separate amount for their visa application? Thank you so much. Looking at Mpower loans.

  • @jorgecanalesbarrera7090
    @jorgecanalesbarrera7090 2 ปีที่แล้ว +1

    THANK YOU very much. Your content is golden

  • @jimohibrahim958
    @jimohibrahim958 24 วันที่ผ่านมา

    Thanks alot ma, i ve an offer in Uk to study msc now... Pls can you advise me which of this loan company can i process

  • @mickywisetv
    @mickywisetv ปีที่แล้ว

    Please asper Prodigy approval when granted the documents, is that all I need for presentation as POF when applying for Visa at Canada immigration?

  • @deqquaicoe1482
    @deqquaicoe1482 8 หลายเดือนก่อน

    Hi
    Does a loan repayment condition like the one below really mean a monthly repayment of up to 150 months? 😮
    At an APR of 13.72%, the monthly payment is US$111.47 for the first 30 payments. For the next 120 payments, the monthly amount is US$155.17.

    • @deqquaicoe1482
      @deqquaicoe1482 8 หลายเดือนก่อน

      Hi
      Can you help by answering this question pls?

    • @Doyindoccom
      @Doyindoccom  7 หลายเดือนก่อน

      Not sure I understand your question but a 13 year student loan repayment period does not raise any red flags

  • @rahimaakhter5185
    @rahimaakhter5185 ปีที่แล้ว

    Hello, I got a oxford International college ,Halifax CCA program. Can I get any loan to continue the program.

  • @shotundehannah269
    @shotundehannah269 2 ปีที่แล้ว +4

    Hi Doyin…Thanks for this….I intend taking a loan for PGD which I can pay over 10 years ….my question is PGD is a 1 year program….and a 1 year Program would only give me access to 1 year work visa….what do I do to remain in the country for the next 3 years to access my 5 years stay for PR

    • @shotundehannah269
      @shotundehannah269 2 ปีที่แล้ว

      Hi Doyin..kindly respond to the above question….earnestly waiting for your response….thank you

    • @Doyindoccom
      @Doyindoccom  2 ปีที่แล้ว

      Hello, I'd love to help but I'm not an expert on immigration. Won't want to provide inaccurate information

    • @shotundehannah269
      @shotundehannah269 2 ปีที่แล้ว

      @@Doyindoccom thank you

    • @mohsinahmed7569
      @mohsinahmed7569 8 หลายเดือนก่อน

      Okay your staple all help no problem thanks

  • @andrewkimkwakye2799
    @andrewkimkwakye2799 ปีที่แล้ว

    Hi Doyin! would like to find out, if I have paid first semester fees in full will the loan disbursement for that semester be given to me by the sch since im not in areas of fees??

  • @tessymoses7636
    @tessymoses7636 ปีที่แล้ว +1

    Yes ma'am. This information is very helpful 💕

  • @WunmiAYENI-f2u
    @WunmiAYENI-f2u 3 หลายเดือนก่อน

    Can one start repayment while still in school instead waiting after graduation?

  • @dariapodzolkova2681
    @dariapodzolkova2681 2 ปีที่แล้ว +8

    Hi! Thank you for your video!
    Could you please share your experience how you’ve got your visa approved in terms of student loans 🙏🏼

  • @traymanny7310
    @traymanny7310 ปีที่แล้ว

    Hello ,thanks for the detailed video,I want to know if I can get a student loan for a PGD in Canada which is a 1year program?

  • @njidekaonuorah7099
    @njidekaonuorah7099 2 ปีที่แล้ว

    Very well thanks for that explanations .

  • @segunokunlola8455
    @segunokunlola8455 2 ปีที่แล้ว +1

    Hi, Please what if the school I'm attending is not supported by Prodigy? what will i do?

    • @ibukunenitanokusanya817
      @ibukunenitanokusanya817 2 ปีที่แล้ว

      Try Mpower finance or their partner company Sallie Mae

    • @segunokunlola8455
      @segunokunlola8455 2 ปีที่แล้ว

      @@ibukunenitanokusanya817 I have tried both but none is available for my school but all the same thanks

  • @Nelson_Ndubuisi.
    @Nelson_Ndubuisi. 9 หลายเดือนก่อน

    Is they a loan company i cant get a student loan,to be used to apply for Temporary authorization to stay in the university of Luxembourg?
    Please any idea

  • @petersondanlami7571
    @petersondanlami7571 21 วันที่ผ่านมา

    Thanks for the information how can I reach you personally I really need your help.

  • @vuningomapeter7311
    @vuningomapeter7311 ปีที่แล้ว

    Hello thanks this is resourceful,kindly share low interest student loan firms available there?

  • @peterokegbe7334
    @peterokegbe7334 ปีที่แล้ว

    Does age play a role when taking student loan?

  • @okeylivinusonuoha8263
    @okeylivinusonuoha8263 11 หลายเดือนก่อน

    Hello,thanks a whole for this clarification and enlightenment. So my question is this..I can see that this video was released during the year April,2022 ,so that this be related to 2023 going into 2024 please?

  • @CLEOPHASNKHATA
    @CLEOPHASNKHATA 2 หลายเดือนก่อน

    As an international student, if you don't get a job what happens to the loan?

  • @bekoeofori2655
    @bekoeofori2655 8 หลายเดือนก่อน

    Please when you graduate for the six month grace period does the loan still incur interest?

  • @BlessingMbaso-gq3ng
    @BlessingMbaso-gq3ng 6 หลายเดือนก่อน

    Please how much proof of funds do I need to apply

  • @essienubongetuk8816
    @essienubongetuk8816 2 ปีที่แล้ว +1

    Hi how can I get a study loan for undergraduate program

  • @paulbatalira329
    @paulbatalira329 9 หลายเดือนก่อน

    I was told I could take loan up to 43000$ from prodigy
    However my year 1 fees to be released is 22000$, but my interest is above $450 for 20yrs.
    I am confused with the terms. Do i repay the $450 for the whole 43000$ or only 22000 first deposit?

  • @oluwasijibomielizabethale4287
    @oluwasijibomielizabethale4287 2 ปีที่แล้ว

    Thank you for always sharing

  • @oluseunadeyanju
    @oluseunadeyanju 4 หลายเดือนก่อน

    Pls, give us the link

  • @PrincewDuoJr
    @PrincewDuoJr 2 ปีที่แล้ว

    I am thinking about applying for a Student Loan and I will need your guidance in the process...

  • @stereotype9767
    @stereotype9767 ปีที่แล้ว

    Is there any loan for undergraduate student? Glads to your reply 🙏🙏🙏

  • @exceedexpectationstourssaf5607
    @exceedexpectationstourssaf5607 2 ปีที่แล้ว +1

    Hello, sorry but my please help What if you can’t pay your loan after school? By your experience what are the possibility of me getting a job in Canada as international student?
    As for my case i will need to work so that i can be able to pay a loan and keep studying

  • @folashadeafowowe7903
    @folashadeafowowe7903 ปีที่แล้ว

    Hi doyin, please is it possible you apply for the loan before I get the admission letter or after I must have gotten the admission

  • @tanihujoshuatettey441
    @tanihujoshuatettey441 ปีที่แล้ว

    Can you terminate your loan along the years .

  • @OtangQuinjulis
    @OtangQuinjulis 7 หลายเดือนก่อน

    So please can someone request a loan even if it is more than the tuition fees stated in the admission letter?

  • @edmundyemoh136
    @edmundyemoh136 ปีที่แล้ว

    Can one get loan company that grants loan if you want to. Purse a professional course like ACCA, CIMA, CBAP, PMP etc

  • @eligreatbmusicandcomedy
    @eligreatbmusicandcomedy ปีที่แล้ว

    Does prodigy sponsors an international Master' student in Sweden or only those in the US?

  • @olabisiachigbu2258
    @olabisiachigbu2258 ปีที่แล้ว

    Is it possible to get student loan to study a Bachelor's degree programme in Canada?

  • @michaelnnaji8207
    @michaelnnaji8207 2 ปีที่แล้ว +1

    Please I would like to know if Prodigy or any of the student loan companies are school-selective? That is, is it every school and course they can sponsor?

  • @assumptafatola7841
    @assumptafatola7841 ปีที่แล้ว +1

    God bless you for this great information Doyin. Pls if i want to study in UK can i possibly apply for loan through Prodigy Finance?

  • @ReginaOsadolor
    @ReginaOsadolor ปีที่แล้ว

    Can you give us some canadian colleges that are eligible for progidy loan

  • @mwanakenyahalisi5302
    @mwanakenyahalisi5302 4 หลายเดือนก่อน

    thanks, so helpful

  • @anulikamaryann912
    @anulikamaryann912 2 ปีที่แล้ว

    Hi
    Thanks for this video . please I want to ask ,for someone going to USA for masters with students study loan .can the person answer at the embassy when asked that he's going to study with loan without being denied visa

  • @osayanmon
    @osayanmon 11 หลายเดือนก่อน

    what about schools in Germany. any chance

  • @deiykeman5051
    @deiykeman5051 2 ปีที่แล้ว

    Dis loans companies agreement has k leg ooo. How can de interest start adding from the first day but u can pay until after graduation which means if ur course is 4year it will keep adding for dat 4year haba

  • @Candii_Kisses
    @Candii_Kisses 2 ปีที่แล้ว +4

    can you do a thorough comparison between Prodigy vs Mpower

    • @Doyindoccom
      @Doyindoccom  2 ปีที่แล้ว

      Great Idea! I'll do that

    • @feisalalfie
      @feisalalfie ปีที่แล้ว +2

      Prodigy has more Canadian School options

    • @adeyinkalullabyadekoya2326
      @adeyinkalullabyadekoya2326 ปีที่แล้ว

      @@feisalalfie thank you for the information.
      But can you please explain which interest rate is better and safer?

    • @georgiajames810
      @georgiajames810 ปีที่แล้ว +1

      Thanks Doyin for this great information.But my question is if I get the loan, can I use it as my proof of fund during visa application?

  • @John-bo1fo
    @John-bo1fo ปีที่แล้ว

    Mpower financing or progidy ?
    Which one is better

    • @narbsentertainment6398
      @narbsentertainment6398 6 หลายเดือนก่อน

      MPower is better, prodigy has a higher payback principal. Too huge. You take 16K dollars and you are paying 69K in total as payback amount.

    • @Onyekaozuluginika
      @Onyekaozuluginika หลายเดือนก่อน

      @@narbsentertainment6398not true
      You take 15k and you pay like 30

  • @Dansey_
    @Dansey_ 2 ปีที่แล้ว

    Thanks so much dear.. you’re my favorite. I’m definitely going to have my try with prodigy.
    Will let you know if I get successful!

  • @IfeanyichukwuWilliams-lw5ev
    @IfeanyichukwuWilliams-lw5ev 4 หลายเดือนก่อน

    Please explain this co-signer

  • @tiwalolamide
    @tiwalolamide ปีที่แล้ว

    Well explained thank you

  • @nanakwadwo6534
    @nanakwadwo6534 3 หลายเดือนก่อน

    Very useful ✌🏾

  • @opeyemiodeleye3864
    @opeyemiodeleye3864 2 ปีที่แล้ว

    Doyin I stumble on your video and is so educative...am waiting for my MASTER DEGREE admission from a university in Canada, but i wouldn't know if you could assist when i want to apply for my loan on prodigy.
    Thanks

  • @deiykeman5051
    @deiykeman5051 2 ปีที่แล้ว

    I thought der are companies dat can give loan to students without interest?

  • @mohdivajoy6270
    @mohdivajoy6270 9 หลายเดือนก่อน

    Thanks doyin 🎉

  • @ijeomaesther910
    @ijeomaesther910 หลายเดือนก่อน

    Is it only master degree get the load or BS.c also get the loan

  • @elvisnnaemeka6722
    @elvisnnaemeka6722 ปีที่แล้ว +1

    Do the loan companies deduct the loans directly from your bank account?

  • @ObasohanGrace
    @ObasohanGrace ปีที่แล้ว

    Thanks Doyin

  • @mecheallaadutwumwaa172
    @mecheallaadutwumwaa172 2 ปีที่แล้ว

    Hello please can I apply from my home country

  • @onyiugwunwa2328
    @onyiugwunwa2328 ปีที่แล้ว

    Which of the loan company is affiliated with schools in Australia.
    Secondly, can the loan company supports me, iam not in canada yet am still in my home country

  • @terenciamacfoy6111
    @terenciamacfoy6111 2 ปีที่แล้ว +1

    Hi I want u to help me out on my application

  • @ademuyiwalydia5029
    @ademuyiwalydia5029 2 ปีที่แล้ว

    How is the interest paid?(is it from day one or after graduation ),cos I don't get that point 🙏

    • @Doyindoccom
      @Doyindoccom  2 ปีที่แล้ว +1

      It accrued from day 1 but for many, you don't have to pay until graduation

  • @oluwasolaalfred
    @oluwasolaalfred 2 ปีที่แล้ว +1

    Dear Doyin you are a genius with a very beautiful voice. I just stumbled on your video on loan and I was wowed. Thanks for all the informations you are sharing.
    Please I will like to know if a PGD student is eligible for student loan with prodigy finance?
    If the answer to the first question is yes, I'll like to ask this: If I'm applying for a 1year PGD program, and at the completion of the 1st program, I apply for another 1yr PGD program (From the same school), making it 2years PGD program but different courses, (To be able to achieve 3yrs PGWP). How will I explain this to the Loan company so that I won't start paying for the loan after the completion of the 1st year PGD program?
    Thanks in anticipation of your kind response. 🙏

    • @Doyindoccom
      @Doyindoccom  2 ปีที่แล้ว

      Hi Oluwasola, the answer to the first question is it depends. You need to click the link in my description to check if your school (and program) is one of the schools prodigy works with. For the second question, I doubt that'll work for the loan provider. It's easier to just go for a 2 year program. You may need to start paying immediately you graduate if you do a one year program.

    • @oluwasolaalfred
      @oluwasolaalfred 2 ปีที่แล้ว

      @@Doyindoccom Okay thanks so much for this. It's really helpful.

    • @chinedunwogbo2213
      @chinedunwogbo2213 2 ปีที่แล้ว +1

      Unfortuantely PGD programs are not considered for loans on prodigy. You can check mrs O on TH-cam...she did an interview with one of their representatives.

    • @oluwasolaalfred
      @oluwasolaalfred 2 ปีที่แล้ว

      @@chinedunwogbo2213 Okay, I'll check it out. Thanks

  • @sylviaego2986
    @sylviaego2986 2 ปีที่แล้ว +1

    Thank you Doyin
    My question is, will the loan company want me to remain in US where I schooled to finish up the payments before I return to my home country?
    Will they influence my stay or work visa to enable repayment of the loan?

    • @Doyindoccom
      @Doyindoccom  2 ปีที่แล้ว +1

      The answer to both questions is NO. you are not required to remain in the country you schooled and they have nothing to do with your visa situation

    • @larbabaofficial
      @larbabaofficial ปีที่แล้ว

      ​​@@DoyindoccomYou are so beautiful ❤️. Gonna follow you right now

  • @odemodamilola5294
    @odemodamilola5294 2 ปีที่แล้ว

    Please how can I get a study loan, I live in Nigeria. I will be relocating to the uk by January on study visa

  • @VictorSSama
    @VictorSSama 2 ปีที่แล้ว

    Just the fix I need!
    Thanks Doyin

  • @Victordanielsbolum
    @Victordanielsbolum 16 วันที่ผ่านมา

    Nice ❤❤❤

  • @rejoceobiora7796
    @rejoceobiora7796 2 ปีที่แล้ว

    Hi dear thanks so much for this info. Please tell me, does prodigy have schools they support in Canada or I can just apply to any DLI schools in Canada. Thanks

    • @Doyindoccom
      @Doyindoccom  2 ปีที่แล้ว

      Check the list of schools prodigy sponsors. Link in description

  • @Ejisbaba212
    @Ejisbaba212 2 ปีที่แล้ว

    Please do I have to get admission with the schools affiliated with prodigy finance before I can apply for the loan ? Please respond thanks

  • @obatarheblessing376
    @obatarheblessing376 4 หลายเดือนก่อน

    Thanks for the info, please what about if one gets a 50% fees. Can the loan company agree to pay for the balance?

  • @emmanuelemeka6808
    @emmanuelemeka6808 2 ปีที่แล้ว

    Please can I get a loan company that disburses to U.K university.

  • @TUTAMUONAAMISI-hs3ns
    @TUTAMUONAAMISI-hs3ns 8 หลายเดือนก่อน

    Thank you Doyin

  • @kaviyat2701
    @kaviyat2701 2 ปีที่แล้ว +3

    I have hearing problem since birth. So attach the subtitle.

    • @Sha____
      @Sha____ ปีที่แล้ว

      Hi, please you can turn on the close caption “CC” to view subtitles.

  • @tonyonyia7357
    @tonyonyia7357 9 หลายเดือนก่อน

    Mpower loan is choking

  • @Elizabeth_Brown_ak
    @Elizabeth_Brown_ak ปีที่แล้ว

    Prodigy does not work for Nigerians

  • @JodelStoriesHQ
    @JodelStoriesHQ ปีที่แล้ว

    Prodigy example: giving 36k and taking 120k💀

  • @industrialelectricalengine7734
    @industrialelectricalengine7734 ปีที่แล้ว +1

    My loan has currently been approved, precisely Mpower financing, is it possible travel with my wife if I have the proof of fund to should for her personally?

    • @brightwriter9132
      @brightwriter9132 ปีที่แล้ว

      Hello Sir, do you need to receive admission to the school before applying for a loan? Also, will you be asked to provide proof of funds when applying for a Visa, even when you've already acquired the loan?

    • @jesseemordi633
      @jesseemordi633 ปีที่แล้ว

      @@brightwriter9132it’s important to show you still have POF even tho your loan has been approved to not totally depend on the loan

  • @industrialelectricalengine7734
    @industrialelectricalengine7734 ปีที่แล้ว +1

    My loan has currently been approved, precisely Mpower financing, is it possible travel with my wife if I have the proof of fund to should for her personally?
    Also can you throw light on Mpower financing originating fee.

    • @elizabetholusolaglory2527
      @elizabetholusolaglory2527 ปีที่แล้ว

      Hello, congratulations!!!
      Can you kindly list the documents you uploaded to access the loan. Thank you.

    • @industrialelectricalengine7734
      @industrialelectricalengine7734 ปีที่แล้ว

      @@elizabetholusolaglory2527 bvn, statement of account of about 1.3millon naria, international passport

  • @natasha5598
    @natasha5598 2 ปีที่แล้ว

    Please can a get a loan for my undergraduate program

    • @Doyindoccom
      @Doyindoccom  2 ปีที่แล้ว

      Yes but not many options. Try mpower

    • @natasha5598
      @natasha5598 2 ปีที่แล้ว

      My school isn't listed in Mpower, it is a private university.

    • @unwam-obongclement3159
      @unwam-obongclement3159 6 หลายเดือนก่อน

      @@Doyindoccom pls can you tell me list of student loan for an undergraduate Nigerian going to a Uk school?

    • @unwam-obongclement3159
      @unwam-obongclement3159 6 หลายเดือนก่อน

      And yes i have a co-signer

  • @faithloveth6993
    @faithloveth6993 ปีที่แล้ว

    You re beautiful. Dark skin is a goal!

  • @bekoeofori2655
    @bekoeofori2655 8 หลายเดือนก่อน

    Thank you for the video. Please can I get your email address

  • @tonyonyia7357
    @tonyonyia7357 9 หลายเดือนก่อน

    Mpower loan is choking