App Academy Income Share Agreement

Are you looking to break into the tech industry but don`t have the funds to pay for a pricey coding bootcamp? Look no further than App Academy`s Income Share Agreement (ISA) program.

App Academy is a coding bootcamp that offers a unique payment model for its students. Instead of requiring payment upfront or through a loan, App Academy offers students the option to pay a percentage of their income for a set period of time after they graduate and secure a job in the industry. This payment model is called an Income Share Agreement or ISA.

Under the ISA program, students are not required to pay anything until they secure a job in the tech industry with a salary of $50,000 or more per year. After securing a job, students pay 15% of their salary for 36 months, with a maximum payment cap of $31,000. In other words, if a student secures a job with a $100,000 salary, they will pay $15,000 per year for three years, totaling $45,000.

The ISA program is a win-win for both the student and App Academy. Students have the opportunity to break into the industry without any upfront costs, and App Academy`s finances are tied to the success of its students. The program also incentivizes App Academy to provide top-notch education and support to its students, as their success is directly tied to the success of the program.

It`s important to note that the ISA program is only available to U.S. citizens and permanent residents. Additionally, students must sign a contract agreeing to the payment terms and must make payments even if they switch to a lower-paying job or take time off from work.

Overall, the App Academy Income Share Agreement program is an innovative solution for those looking to break into the tech industry without incurring significant debt. With its payment model tied to the success of its students, App Academy is incentivized to provide top-notch education and support, making it a smart choice for anyone looking to launch a successful career in tech.