With Tech Elevator’s Income Share Agreement (ISA), you pay $0 in tuition until you’re hired and earning at least $40,000 per year. There are no income or credit score requirements, so regardless of your current financial situation, you’re eligible to attend Tech Elevator under the ISA tuition plan.
Once you're earning an annual salary of at least $40,000 after you complete the program, you’ll begin to pay back tuition in monthly installments equal to 10% of your monthly income. You’ll continue making these payments for 48 months or until you’ve reached the ISA maximum of $23,250 — whichever comes first. In the event you graduate and are not earning at least $40,000 in annualized salary, you owe $0.
The ISA tuition plan is currently only available in select states.
Before You Receive A Job
Deposit
$ 2,000
Tuition Due Now
$0
After You Receive A Job
For At Least $40,000 A Year
Percent of Salary
10%
Maximum Monthly Payments
48
Maximum You Pay
$23,250
17%
Monthly Income Share
24
Maximum Monthly Payments
$30,000
Maximum Payback
15%
Monthly Income Share
36
Maximum Monthly Payments
$31,000
Maximum Payback
10%
Monthly Income Share
48
Maximum Monthly Payments
$22,925*
Maximum Payback
* Includes $2,000 deposit
15%
Monthly Income Share
36
Maximum Monthly Payments
$27,000
Maximum Payback
9.8%
Monthly Income Share
60
Maximum Monthly Payments
$29,995
Maximum Payback
The ISA joins existing funding sources like loans through our lending partners Sallie Mae and Ascent, workforce grant dollars and scholarships. Everyone’s situation is different so each person will have to decide what is right for them but, it’s important to us to provide a variety of options to pay for our program.
We suggest that you compare all options to decide which option is the best fit for you. Check out our article on how to pay for a coding bootcamp as you research your options.
At Tech Elevator, we’ve always put our students first and we have been watching closely and cautiously as the ISA funding model has become more prevalent.
We are adding an ISA option now because we are able to offer them directly to students with some of the most student-friendly terms in the industry. For us, doing right by our students and getting ISAs right has been worth the wait. Read more about why we launched an ISA.
More Accessibility
Accessibility to skills-based learning is more important than ever. ISAs give potential students more options to finance their education.
Financial Flexibility
Students can take steps toward their future with student-friendly, flexible tuition assistance options.
More Inclusivity
By providing more payment options, students from an even wider variety of backgrounds can access our program.
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