An income share agreement (ISA) is a contract between a student and their school where a student receives education funding in exchange for sharing a fixed percentage of their post-graduate income for a defined period of time. Because the amount paid is based on income, payments should always remain affordable. ISAs help reduce financial barriers to education, align incentives between schools and students, and increase college affordability.
The amount credited (funded) to a student’s account
The percentage of income a student pledges to pay after leaving their school or program
Students shouldn’t face hardship to pay for their education. Our minimum income threshold guarantees that students don’t have to make payments if their income falls below a certain salary level
The maximum amount a student would have to pay relative to their funding amount. Many schools have a 1x cap, so that students never have to pay more than the initial funding amount
The maximum number of monthly payments required to fulfill a student’s ISA obligation
We work with management teams of universities, colleges, and skills training providers to design ISA programs to improve access, retention, and completion.
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