Lender to Foreign Students Raises $40 Million in Financing A survey of 250 institutions by the American Association of Collegiate Registrars and Admissions Officers found that nearly 40 percent of the responding schools reported a decline in applications from international students, particularly those from the Middle East. The new financing comes at a time of keen interest in international students among American universities — and a decline in applications from those students that has begun to unnerve educators. Prodigy Finance, the lender that makes loans to international postgraduate students, said on Sunday that it had raised $40 million in new equity financing. As American universities’ interest in courting international students intensifies, an online lender that caters to them has drawn significant new financing.
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