Lifting Generations with Interest-Free College Financial Assistance

Let's Understand the "ISA" Terminology First

ISAs are a flexible alternative to private, federal and other loans

Within ISA, students pay an affordable percentage of their future income for a set period of time, in an interest-free environment. Unlike other loans, students do not pay until they find a job and reach the minimum income threshold. The payments adjust according to the level of the student’s income – providing downside protection for the student.

#1: Amount ($):

The loan amount we give you to help pay for your education

#2: Income Share Rate (%):

The percentage of income you agree to pay after graduation

3#: Payback Period (#)

The maximum number of monthly payments you make to fulfill the funding obligation

#4: Minimum Income Threshold (0)

You do not make monthly payments if your income falls below a minimum threshold

HOW PAYMENT WORKS

Student's monthly payments are calculated by applying the Income Share Rate to the total monthly earned income
The payments adjust according to levels of the student’s income
Students do not pay until they find a job and reach the minimum income threshold
ISA obligations can be ended earlier by making early payments as listed in the early payment schedule

Let's Explore How Our Program Works

1. Submit an application

All applicants interested in applying for funding must first submit an application. The application will be open at different times throughout the year and can be accessed from the Student Apply section.

Through our selection process, funding will be made available for (in no particular priority):

Undergraduate students
Graduate students
Post-graduate students
Graduates who have finished their studies but have outstanding interest-based loans (refinancing)
Trainees in boot-camp, professional, or trade certificate programs

2. Selection process

Students will be assessed based on the following criteria:

(i) scholastic merit

(ii) need basis

(iii) community service

Based on the input we receive, our team will assess and offer a loan agreement for their funding needs. This program is limited to only very selective students who score extremely high on the three criteria listed above.

3. ISA agreement and explanation of funding process

Under the 313 Funding model, you pay back exactly the amount we have given you in 3 to 4 years. You will be provided with an interest-free ISA agreement pertaining to the program you were selected for. The agreement will have all the terms including approved amount, ISA rate, payback perioud and any and all details of the program.

4. Funding and follow-up

At times, we will make funding to the college/university on your behalf. You will be responsible for quarterly updates as well as any changes in your personal situation.

The Simplest and Most Flexible Way to Pay for Education

Let's Understand the "ISA" Terminology First

ISAs are a flexible alternative to private, federal and other loans

Let's Explore How Our Program Works

1. Submit an application

2. Selection process

3. ISA agreement and explanation of funding process

4. Funding and follow-up

Apply for Funding Today

The Simplest and Most Flexible Way to Pay for Education

Let's Understand the "ISA" Terminology First

ISAs are a flexible alternative to private, federal and other loans

Let's Explore How Our Program Works

1. Submit an application

2. Selection process

3. ISA agreement and explanation of funding process

4. Funding and follow-up

Apply for Funding Today

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