We help colleges and universities design, implement, and maintain custom ISA programs for their students.

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ISA Solutions for Higher Education

Reduce financial barriers to college access

Stand out from peer institutions by offering students a new tuition option that doesn’t require upfront costs and helps eliminate financial risks.

Increase retention and completion

Eliminate financial barriers to academic achievement and degree completion.

Signal commitment to student outcomes and success

Link value to price by offering an income-based financing option where students only pay if they succeed.

Student Lifecycle: Story of Kayla

College Financing Decision

Kayla is a college junior, majoring in accounting, who has an unmet financial need of $10,000 going into senior year. Luckily, her college has an ISA program and Kayla chooses a $10,000 ISA in exchange for 4.5 percent of her income for six years after graduation. Because the ISA is based on income and has a minimum income threshold, Kayla knows that she’ll only make affordable payments if she succeeds after graduation.

Retention + Graduation

Because Kayla’s college offered an ISA, she was able to stay in school and graduate without fear of inability to pay upfront. The ISA option gave Kayla the flexibility to graduate on time and complete her degree.

Post-grad Plans

Kayla graduated and went on to get a job with an accounting firm, where she’s able to make the affordable payments back to her school. Because the ISA payment is based on her income, doesn’t accrue interest, and can only ever be paid down, Kayla has peace of mind and financial security in knowing that her payments will always remain affordable.

How We Help Schools Design a Program

Define Program Goals

Work with schools to define goals and use cases for their ISA program.

Design Program

Gather institutional data to project student outcomes.

Launch and Sustain

Define ISA terms that are beneficial to students and meet school goals.

Our Services

  • Evaluate Institutional Goals
  • Analyze Student Outcomes
  • Design Contracts to Meet Student and
    School Goals
  • Student Disclosures
  • Communications and Messaging Support
  • Financial Literacy Resources
  • Phone, Chat, and Email Support
  • Online Account Management
  • Annual Income Verification
  • Manage Student Application Process
  • Portfolio Performance Reporting
  • Postgraduate Career, Income and Life Data
  • Next Generation Analytics Reporting

“Our university was looking to use income-based financing to provide value to students and show that we’re aligned with their success. Vemo Education has structured an ISA program to achieve our mission of increasing affordability and student success.”

Jim Fish, Chief Financial Officer

“In 2016, Purdue University became the first major higher education institution to offer an income share agreement program when Purdue Research Foundation launched Back a Boiler. Vemo Education is a valuable partner with PRF when it comes to the design, implementation, and servicing of Back a Boiler.”

Brian Edelman, President of Purdue Research Foundation

“Vemo Education seamlessly created income share agreement programs to support our undergraduate and graduate students that we rely on to help achieve some of our most ambitious goals – access, affordability, and using educational outcomes data to prove the value of a Messiah College education.”

David Walker, VP for Finance and Planning

Read about Purdue's
Back a Boiler Program