What is an Income-Share Agreement (ISA)?

At Kable Academy, our ISA is known as our “No job, No pay” program. Under an ISA, students will not owe any of their tuition requirement until they are completed with their Kable Academy program and in a new, full-time career making $40,000 or more.

An Income Share Agreement (ISA) is a contract between Student and School, where in exchange for educational financing, the Student agrees to share a fixed percentage of their post-graduate earnings over a set period.

Because the amount paid back is calculated as a percentage of your future earned income, payments will automatically adjust to your ability to pay, and should always remain manageable. And, since payments are measured against your actual earnings, with an ISA, it is ok if the amount you ultimately payback is less than the actual cost of tuition.

At Kable Academy, our ISA is known as our “No job, No pay” program. Under an ISA, students will not owe a single dime of their tuition requirement until they are completed with their Kable Academy program and in a new, full-time position making $40,000 or higher.

Students will set up a personalized ISA profile that will stay in a deferred state until they are completed with the course. Then, they will update their profile on a monthly basis to reflect their current employment status. Once they received a job with said salary, their fee schedule will be generated based off their gross, monthly income.