Income Share Agreement (Isa) Sample Contracts

INCOME SHARE AGREEMENT (ISA)
Income Share Agreement (Isa) • June 7th, 2021 • California

• Your Income Share is a fixed percentage of your future earned income you will owe in return for the ISA Amount credited to your account. It is not an interest rate or annual percentage rate.

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YOUR COLLEGE DEGREE IS IN REACH, BUT MONEY IS AN OBSTACLE.
Income Share Agreement (Isa) • December 5th, 2018

That’s where Invest in U comes in. If you are within two years of graduating, Invest in U can fill funding gaps so you can finish your degree. This innovative income share agreement (ISA) pilot program is designed to fill funding gaps so you can finish your degree faster and launch your professional career. Once employed, you’ll fulfill your contract by paying a fixed percent of your earnings and your payments will go back into the Invest in U fund, allowing you to help perpetuate and fund the success of future students.

ISA APPLICATION & SOLICITATION DISCLOSURE (ASD)
Income Share Agreement (Isa) • March 2nd, 2020

• Your Income Share is a fixed percentage of your future Earned Income you will owe in return for the ISA Amount credited to your account. It is not an interest rate or annual percentage rate.

Income Share Agreements (ISAs)
Income Share Agreement (Isa) • July 10th, 2020
Contract
Income Share Agreement (Isa) • November 12th, 2017

RIGHT TO CANCEL You have the right to cancel this transaction, without penalty, by midnight on [deadline for cancellation]. No funds will be disbursed to you or to your school until after this time. Youmay cancel by calling us at 703-554-3862.

What is an Income Share Agreement (ISA)?
Income Share Agreement (Isa) • August 20th, 2021

Pay nothing during school and up until you find a job paying at least $30,000 dollars a year. If you are unable to find a job during your entire ISA you never make a payment.

APPLICATION & SOLICITATION DISCLOSURE (ASD)
Income Share Agreement (Isa) • February 20th, 2019

*** THIS IS NOT A LOAN OR CREDIT OR ASSIGNMENT OF WAGES*** MentorWorks Education Capital, LLC LearnLaunch, 2nd Floor281 Summer StreetBoston, MA 02210

WHAT IS AN ISA?
Income Share Agreement (Isa) • January 17th, 2019

An income share agreement (ISA) is a financial obligation in which an amount is credited towards the student’s tuition in exchange for the student sharing an agreed upon percentage of post-program income over a defined period of time. ISAs reduce financial barriers for many students and align tuition costs with post- program income: if you’re not earning at least the minimum income, you’re not paying.

INCOME SHARE AGREEMENT (ISA) FINAL DISCLOSURE
Income Share Agreement (Isa) • September 6th, 2019

You have a right to cancel this transaction, without penalty, by midnight on September 13, 2019. If you cancel by this date, you are canceling the contract in its entirety, including the disclosures. You may cancel by writing us at Vemo Education, 3905 Tampa Rd #2453, Oldsmar, FL, 34677. A mailed cancellation letter will be deemed timely if postmarked no later than the cancellation date listed above.

Income Share Agreement (ISA) Development Lifecycle
Income Share Agreement (Isa) • April 20th, 2020
Partner ISA Brochure
Income Share Agreement (Isa) • November 14th, 2021

The problem with traditional educational financing is that most schools place the entire risk on the student – requiring them to pay for their course upfront before knowing whether the course will leave them in a better position after graduating.

Income Share Agreement Isa
Income Share Agreement (Isa) • July 14th, 2021

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What is an income share agreement (ISA)?
Income Share Agreement (Isa) • September 18th, 2019

An ISA is a contract in which you receive up-front education funding. In exchange, you agree to pay a percentage of your income over a defined number of months. There is no principal balance or interest rate. The amount you pay in any given month automatically adjusts based on your earned income for that month, so that you always have a predictable payment burden.

Income Share Agreements (ISAs)
Income Share Agreement (Isa) • October 26th, 2020

Your school will guide you to a secure application page tied to the specific program you are looking to attend. The application is all online and typically takes less than 5 minutes to complete and applying will not affect your credit score

INCOME SHARE AGREEMENT (ISA) FINAL DISCLOSURE
Income Share Agreement (Isa) • December 3rd, 2018

You have a right to cancel this transaction, without penalty, by midnight on December 21, 2018. If you cancel by this date, you are canceling the contract in its entirety, including the disclosures. You may cancel by writing us at Vemo Education, 3905 Tampa Rd #2453, Oldsmar, FL, 34677. A mailed cancellation letter will be deemed timely if postmarked not later than the cancellation date listed above.

WHAT IS AN ISA?
Income Share Agreement (Isa) • January 17th, 2019

An income share agreement (ISA) is a financial obligation in which an amount is credited towards the student’s tuition in exchange for the student sharing an agreed upon percentage of post-program income over a defined period of time. ISAs reduce financial barriers for many students and align tuition costs with post- program income: if you’re not earning at least the minimum income, you’re not paying.

ISA Percentage
Income Share Agreement (Isa) • April 14th, 2022

Your school will guide you to a secure application page tied to the specific program you are looking to attend. The application is all online and typically takes less than 5 minutes to complete and applying will not affect your credit score

Income Share Agreement (ISA)
Income Share Agreement (Isa) • October 19th, 2018
ISA Loan
Income Share Agreement (Isa) • January 14th, 2020

ISAs are a flexible alternative to loans. In this model, students will pay a small percentage of their future income for a fixed period of time, up to a maximum cap without incurring interest. Students do not pay unless they find a job and reach the minimum income threshold.

INCOME SHARE AGREEMENT (ISA) FINAL DISCLOSURE
Income Share Agreement (Isa) • December 2nd, 2021 • Colorado

You have a right to cancel this transaction, without penalty, by midnight on December 18, 2020. If you cancel by this date, you are canceling the contract in its entirety, including the disclosures. You may cancel by writing us at Vemo Education, 3905 Tampa Rd #2453, Oldsmar, FL, 34677. A mailed cancellation letter will be deemed timely if postmarked not later than the cancellation date listed above.

WHAT IS AN ISA?
Income Share Agreement (Isa) • January 17th, 2019

An income share agreement (ISA) is a financial obligation in which an amount is credited towards the student’s tuition in exchange for the student sharing an agreed upon percentage of post-program income over a defined period of time. ISAs reduce financial barriers for many students and align tuition costs with post- program income: if you’re not earning at least the minimum income, you’re not paying.

Financing your education with an Income Share Agreement
Income Share Agreement (Isa) • May 28th, 2019

An ISA contract is an agreement between you and Byte Academy, and provides for Byte Academy to finance the entirety of your course without the normal hardship and hassle of student loans. In return, once you have successfully graduated from Byte Academy, you agree to pay 15% of your pre-tax income to the school for 3 years.

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