Income share agreement definition

Income share agreement means an agreement between a

Income share agreement means an agreement under which a

Income share agreement or "ISA" means an agreement

Examples of Income share agreement in a sentence

• Instead, the past 10 years were a decade of distinction and impact at Pitt.

• Income share agreement (ISA) solutionISAs can grant access to financing regardless of a student’s current situation.

• According to the observation results on drill-hole cores, there could be faults at the riverbed and the right bank of Dam Site E.

• As used in this Act: 7 "Income share agreement" means an agreement under which a 8 borrower commits to pay a percentage of his or her future 9 income in exchange for money, payments, or credits applied to 10 or on behalf of a borrower.

• Income share agreement is a financial structure where an individual or organization provides something of value which is often a fixed amount of money to a recipient who in exchange agrees to pay back a percentage of his or her income for a certain number of years.

More Definitions of Income share agreement

Income share agreement means an agreement between an individual and any other person under which the individual commits to pay a specified percentage of the individual's future income, for a specified period of time, in exchange for payments to or on behalf of the individual for postsecondary education, workforce development, or similar purposes.

Income share agreement means an agreement between a participant and an eligible institution of higher education or an income share agreement provider approved by the State Treasurer in which the participant agrees to pay a percentage of the participant's future earnings for a fixed period in exchange for funds to pay for their post-secondary education.

Income share agreement means a consumer credit transaction under which a consumer’s finance charge for the transaction is calculated based upon the amount of income that the consumer earns in the future. For income share agreements entered into in this state, the following rules apply.

Income share agreement or “ISA” means a consumer credit transaction, as defined in

Income share agreement or “ISA” means an agreement between a student and a school or an income share provider under which the student agrees to pay a fixed percentage or amount of the student’s future income for the payment term, in exchange for the school or income share provider advancing, covering, crediting, deferring, or funding waiving or covering the cost of some or all of the student’s tuition postsecondary education and costs of attendance at a postsecondary institution, including but not limited to tuition, fees, books and supplies, room and board, transportation, and miscellaneous personal expenses.

Income share agreement or "ISA" means an agreement between a consumer and an ISA provider under which:

Income share agreement means a consumer credit transaction under which the amount of the consumer’s repayment obligation for the transaction is calculated based upon the amount of the consumer’s future earnings.