Income Share Agreement (ISA)

Fair & Transparent ISA Terms

Understand every detail of our Income Share Agreement. Designed with student protection in mind, our ISA aligns our success with your career growth through transparent, fair terms.

What Makes Our ISA Different?

Student-first approach with comprehensive protections and transparent terms

Student Protection

Multiple safeguards including payment caps, unemployment protection, and hardship provisions.

  • Payment cap limits total amount
  • Automatic payment pause during unemployment
  • Hardship deferment options
  • No penalty for early completion

Fair & Transparent

Clear terms with no hidden clauses, designed to be fair for both students and the institution.

  • Fixed percentage of income
  • Clear payment duration
  • No variable interest rates
  • Transparent calculation method

Aligned Incentives

Our success depends on your career success, ensuring we provide the best possible education and support.

  • We only succeed when you succeed
  • Continuous career support
  • Quality education guarantee
  • Long-term partnership approach

Flexible Terms

Adaptable to various life situations with provisions for career changes, further education, and more.

  • Career change accommodation
  • Further education provisions
  • Geographic flexibility
  • Life event considerations

Detailed ISA Terms

Complete breakdown of terms and payment examples for each course

GTM Engineering Training

6 months Course
Payment Percentage
15%
Payment Duration
24 months
Salary Threshold
₹5 LPA (₹41,667/month)
Payment Cap
₹2.5 lakhs
Grace Period After Course
6 months

Payment Examples

Salary:
₹50,000/month
Monthly Payment:
₹7,500/month
Total Paid:
₹1.8 lakhs (24 months)
Salary:
₹75,000/month
Monthly Payment:
₹11,250/month
Total Paid:
₹2.5 lakhs (22 months - cap reached)

Your Protections

  • No payment until you earn above threshold
  • Payments pause during unemployment
  • Payment cap protects from overpaying
  • Grace period after course completion

AI Workflow Automation

4 months Course
Payment Percentage
12%
Payment Duration
18 months
Salary Threshold
₹3 LPA (₹25,000/month)
Payment Cap
₹1.5 lakhs
Grace Period After Course
3 months

Payment Examples

Salary:
₹30,000/month
Monthly Payment:
₹3,600/month
Total Paid:
₹64,800 (18 months)
Salary:
₹45,000/month
Monthly Payment:
₹5,400/month
Total Paid:
₹1.5 lakhs (28 months - cap reached)

Your Protections

  • No payment until you earn above threshold
  • Payments pause during unemployment
  • Payment cap protects from overpaying
  • Grace period after course completion

ISA Eligibility Criteria

Requirements to qualify for our Income Share Agreement program

Academic Requirements

  • Minimum 12th grade or equivalent
  • Basic computer literacy
  • English proficiency (spoken and written)
  • Completion of aptitude assessment

Professional Commitment

  • Commitment to complete the full course
  • Willingness to relocate for job opportunities
  • Active participation in placement activities
  • Professional attitude and communication skills

Financial Understanding

  • Understanding of ISA terms and conditions
  • Acknowledgment of payment obligations
  • Consent to income verification processes
  • Agreement to payment collection methods

Legal Requirements

  • Age 18 or above
  • Valid government-issued ID
  • Legal capacity to enter contracts
  • Compliance with local employment laws

Payment Scenarios

Understanding how ISA works in different career situations

Successful Placement

You complete the course and get placed within 6 months

Timeline

  • 1
    Month 1-6: Complete course training
  • 2
    Month 7-12: Job search and placement support
  • 3
    Month 13: Start new job, begin ISA payments
  • 4
    Month 13-36: Pay percentage of salary
  • 5
    Month 37+: ISA completed, no more payments

Outcome

Pay agreed percentage until cap is reached or duration ends

Delayed Placement

Placement takes longer than expected

Timeline

  • 1
    Month 1-6: Complete course training
  • 2
    Month 7-18: Extended job search with support
  • 3
    Month 19: Secure placement, begin ISA payments
  • 4
    Month 19-42: Pay percentage of salary
  • 5
    Month 43+: ISA completed

Outcome

No payments until placement, then normal ISA terms apply

No Placement

Unable to secure placement within 12 months

Timeline

  • 1
    Month 1-6: Complete course training
  • 2
    Month 7-18: Intensive placement support
  • 3
    Month 19+: ISA becomes void
  • 4
    Ongoing: Lifetime placement support continues

Outcome

Zero payment obligation, continued career support

Job Loss During ISA

Lose job while making ISA payments

Timeline

  • 1
    Immediate: Payments automatically pause
  • 2
    Month 1-3: Grace period for job search
  • 3
    Month 4+: Re-placement support activated
  • 4
    New job: Payments resume with remaining balance
  • 5
    Completion: ISA ends when cap/duration reached

Outcome

Payments pause during unemployment, resume with new job

Legal Protections & Safeguards

Comprehensive protections built into every ISA to safeguard student interests

Payment Cap Protection

Total payments cannot exceed the predetermined maximum amount, regardless of income growth.

Unemployment Protection

Payments automatically pause during periods of unemployment or income below threshold.

Hardship Provisions

Temporary payment reductions or deferrals available during documented financial hardship.

Early Completion Option

Option to pay remaining balance early with potential discounts, ending ISA obligations.

Privacy Protection

Income verification through secure, privacy-compliant methods with data protection guarantees.

Dispute Resolution

Clear dispute resolution process with mediation options before any legal proceedings.

Frequently Asked Questions

Detailed answers to common questions about our Income Share Agreement

What exactly is an Income Share Agreement (ISA)?

An ISA is a contract where you receive education now and pay a fixed percentage of your future income for a set period, but only after you secure employment above a minimum salary threshold. It aligns our success with your career success.

How is my income calculated for ISA payments?

We calculate payments based on your gross monthly income from your primary employment. This includes salary, bonuses, and commissions but excludes investment income, gifts, or other non-employment income sources.

What happens if I change jobs during the ISA period?

You must notify us of job changes within 30 days. Payments continue based on your new income level. If there's a gap between jobs, payments pause automatically and resume when you start earning again.

Can I pay off my ISA early?

Yes, you can pay the remaining balance early. We often offer discounts for early payoff, typically 10-20% off the remaining amount. This immediately ends your ISA obligations.

What if I decide to pursue further education?

ISA payments pause during full-time education (minimum 20 hours/week). You must provide enrollment verification. Payments resume when you return to work or complete your studies.

How do you verify my income?

We use secure, privacy-compliant methods including pay stubs, tax returns, or direct employer verification. We may also use third-party income verification services with your consent.

What happens if I move to a different country?

ISA terms generally remain valid internationally, but payment methods may need adjustment. We work with students to establish appropriate payment mechanisms based on their new location and local laws.

Are there any tax implications for ISA payments?

ISA payments are typically not tax-deductible as they're not traditional education loans. However, tax implications can vary by jurisdiction. We recommend consulting with a tax professional for your specific situation.

What if I become self-employed or start a business?

Self-employment income counts toward ISA calculations. You'll need to provide business income documentation. We understand entrepreneurial income can be variable and work with you on appropriate payment schedules.

Can the ISA terms change after I sign?

No, the core terms (percentage, duration, cap) cannot be changed unilaterally. Any modifications require mutual agreement and written consent. This protects you from arbitrary changes to your payment obligations.

ISA Documentation

Access sample agreements and detailed terms before you apply

Sample ISA Agreement

Review a sample Income Share Agreement to understand all terms and conditions.

Terms Summary

Quick reference guide with key terms, protections, and payment examples.

Payment Calculator

Calculate your potential ISA payments based on different salary scenarios.

Ready to Start with ISA?

Have questions about our Income Share Agreement? Our admissions team is here to help you understand every detail.