![]() Unlike deferred tuition and income share agreements, most job guarantees require you to pay up front. Job guarantees usually advertise that you’ll get a refund for the bootcamp if you meet certain criteria and don’t find a job. With ISAs, students pay a percentage of their salary to the school for a set period of time. What is an Income Sharing Agreement (ISA)?Īs with deferred tuition, income share agreements don’t require payments until after you’re finished with the program. ![]() ![]() The biggest issue to be aware of with deferred tuition is how much you’ll end up paying over time with added interest. You should expect to see a fixed total tuition cost that you will pay to the school - or a third party loan servicer - in installments.įor the most part, these aren’t that different from a traditional student loan where you don’t start paying until a certain period of time after graduation. What is Deferred Tuition?ĭeferred tuition means students pay no upfront tuition (or very little), then start paying a set tuition amount once they graduate and find a job. You may also see deferred tuition options which are something else entirely. There are 2 popular ways to market a “no risk” perk for a bootcamp - job guarantees and income share agreements.
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