How student loans REALLY work | HIDDEN truths about student loans
Hey guys, in today’s video, I share exactly how student loans work and very important you must have before you sign a loan agreement.
You can check Prodigy Finance here: bit.ly/3HfelCj
Watch this video about how to pay back student loans: • The BEST Strategy for ...
If you don’t have enough cash for proof of funds, you can use a sponsorship letter. Watch how that works here: • How to pay for college...
You can check out other funding videos here: • GRAD SCHOOL FUNDING
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Пікірлер: 134
If you need further help and resources, click here: linktr.ee/doyindoccom or check the description of this video
And secondly you re really doing a good job,keep the good job going ON!🤛
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
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
2 жыл бұрын
Thank you. Glad you find the videos helpful
Very well thanks for that explanations .
Yes ma'am. This information is very helpful 💕
THANK YOU very much. Your content is golden
Thank you for always sharing
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
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??
Are there student loans programs that fund one-year program Postgraduate Certificate in polytechnics in Canada or must they fund universities only
How can I find a lone to pay for film school as all the lone companies only cover university not an academy
Thank you. Please send me a link to apply to the mpower loan.
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!
Pls do they give the loan to some specific courses or any other course you want to study
Hi for a masters program can a pre approved loan by prodigy for the next year be shown as funding for Visa application?
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.
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?
Please do you repay in installments or in full
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
Well explained thank you
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
Hello thanks this is resourceful,kindly share low interest student loan firms available there?
Does prodigy sponsors an international Master' student in Sweden or only those in the US?
Please asper Prodigy approval when granted the documents, is that all I need for presentation as POF when applying for Visa at Canada immigration?
I am thinking about applying for a Student Loan and I will need your guidance in the process...
Please is this applicable to UK schools too
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?
Hi how can I get a study loan for undergraduate program
Thank you Doyin
Hello, I got a oxford International college ,Halifax CCA program. Can I get any loan to continue the program.
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
Just the fix I need! Thanks Doyin
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
So please can someone request a loan even if it is more than the tuition fees stated in the admission letter?
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
Please is it possible to get student loan for colleges?
Does age play a role when taking student loan?
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
6 ай бұрын
After graduation and you started working that is when you started paying the loan
Can one get loan company that grants loan if you want to. Purse a professional course like ACCA, CIMA, CBAP, PMP etc
Thanks doyin 🎉
Is there any loan for undergraduate student? Glads to your reply 🙏🙏🙏
Please how much proof of funds do I need to apply
Can you terminate your loan along the years .
Can you give us some canadian colleges that are eligible for progidy loan
I thought der are companies dat can give loan to students without interest?
Does age play a role in student loan
Thanks Doyin
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?
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
Is it possible to get student loan to study a Bachelor's degree programme in Canada?
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
what about schools in Germany. any chance
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
@user-lh3it7us6v
4 ай бұрын
Hmmm, good one you are in my mind, please help us with this. thank you
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
@byadarchitecture714
2 ай бұрын
Hi. Did you ever figure this out?
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
Жыл бұрын
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
Ай бұрын
Please how much proof of funds do I need to apply @@Doyindoccom
Please when you graduate for the six month grace period does the loan still incur interest?
@Doyindoccom
2 ай бұрын
Yes
Hello please can I apply from my home country
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?
Hi, Please what if the school I'm attending is not supported by Prodigy? what will i do?
@ibukunenitanokusanya817
Жыл бұрын
Try Mpower finance or their partner company Sallie Mae
@segunokunlola8455
Жыл бұрын
@@ibukunenitanokusanya817 I have tried both but none is available for my school but all the same thanks
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?
@samuelkika6611
Жыл бұрын
They are school selective
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
2 жыл бұрын
Hi Doyin..kindly respond to the above question….earnestly waiting for your response….thank you
@Doyindoccom
2 жыл бұрын
Hello, I'd love to help but I'm not an expert on immigration. Won't want to provide inaccurate information
@shotundehannah269
2 жыл бұрын
@@Doyindoccom thank you
@mohsinahmed7569
3 ай бұрын
Okay your staple all help no problem thanks
Do the loan companies deduct the loans directly from your bank account?
Hi! Thank you for your video! Could you please share your experience how you’ve got your visa approved in terms of student loans 🙏🏼
@oluwasijibomielizabethale4287
2 жыл бұрын
Yes.. We would like to know this.. Thanks
@graciousesther1671
Жыл бұрын
I want to know as well...thanks in advance
How is the interest paid?(is it from day one or after graduation ),cos I don't get that point 🙏
@Doyindoccom
Жыл бұрын
It accrued from day 1 but for many, you don't have to pay until graduation
Please how can I get a study loan, I live in Nigeria. I will be relocating to the uk by January on study visa
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
Hi I want u to help me out on my application
can you do a thorough comparison between Prodigy vs Mpower
@Doyindoccom
Жыл бұрын
Great Idea! I'll do that
@feisalalfie
Жыл бұрын
Prodigy has more Canadian School options
@adeyinkalullabyadekoya2326
Жыл бұрын
@@feisalalfie thank you for the information. But can you please explain which interest rate is better and safer?
@georgiajames810
Жыл бұрын
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?
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
Жыл бұрын
Check the list of schools prodigy sponsors. Link in description
Mpower financing or progidy ? Which one is better
@narbsentertainment6398
Ай бұрын
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.
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
2 жыл бұрын
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
8 ай бұрын
@@DoyindoccomYou are so beautiful ❤️. Gonna follow you right now
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
2 ай бұрын
Hi Can you help by answering this question pls?
@Doyindoccom
2 ай бұрын
Not sure I understand your question but a 13 year student loan repayment period does not raise any red flags
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
2 жыл бұрын
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
2 жыл бұрын
@@Doyindoccom Okay thanks so much for this. It's really helpful.
@chinedunwogbo2213
2 жыл бұрын
Unfortuantely PGD programs are not considered for loans on prodigy. You can check mrs O on KZread...she did an interview with one of their representatives.
@oluwasolaalfred
2 жыл бұрын
@@chinedunwogbo2213 Okay, I'll check it out. Thanks
Please do I have to get admission with the schools affiliated with prodigy finance before I can apply for the loan ? Please respond thanks
@alupatienceehida-agbons8657
Жыл бұрын
Yes
Please can I get a loan company that disburses to U.K university.
@Doyindoccom
Жыл бұрын
prodigy offers loans to candidates in UK schools. Check link in description box
@royalmusicinternational5335
Жыл бұрын
Prodigy only support few schools in uk
@unwam-obongclement3159
29 күн бұрын
Is progidy for undergraduates?
Mpower loan is choking
I have hearing problem since birth. So attach the subtitle.
@Sha____
Жыл бұрын
Hi, please you can turn on the close caption “CC” to view subtitles.
Prodigy does not work for Nigerians
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
Жыл бұрын
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
9 ай бұрын
@@brightwriter9132it’s important to show you still have POF even tho your loan has been approved to not totally depend on the loan
Prodigy example: giving 36k and taking 120k💀
@narbsentertainment6398
Ай бұрын
Prodigy financing is worst. Their principal payback is too huge.
@unwam-obongclement3159
29 күн бұрын
Is progidy for undergraduate?
Please can a get a loan for my undergraduate program
@Doyindoccom
Жыл бұрын
Yes but not many options. Try mpower
@natasha5598
Жыл бұрын
My school isn't listed in Mpower, it is a private university.
@unwam-obongclement3159
29 күн бұрын
@@Doyindoccom pls can you tell me list of student loan for an undergraduate Nigerian going to a Uk school?
@unwam-obongclement3159
29 күн бұрын
And yes i have a co-signer
You re beautiful. Dark skin is a goal!
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
Жыл бұрын
Hello, congratulations!!! Can you kindly list the documents you uploaded to access the loan. Thank you.
@industrialelectricalengine7734
Жыл бұрын
@@elizabetholusolaglory2527 bvn, statement of account of about 1.3millon naria, international passport
Thank you for the video. Please can I get your email address
Mpower loan is choking