Colorado Mountain College last year launched its income participation program, Fund Suenos, to provide undocumented students with access to funding for their degrees. As these students are not eligible for federal assistance, their options are limited to state aid, private scholarships or assistance from their university. Our career Services team has a proven track record of helping students looking for a job. You work 1:1 with a career coach committed to employer networking, CV verification and interview preparation. If you`re not impressed with existing providers of revenue-sharing agreements, you can still take on the challenge of convincing your school to launch your own program. If you think your school or program should offer an ISA option, we`d love to hear from you. Let it be known here! Permission to participate: The pilot program starts with about 10-12 students, and most of them go into their final year in a bachelor`s or associates course. A small part is in the first year. The program is only available to students who are not eligible for federal financial aid. Percentage of income participation. How much of your gross income you will pay each month. University ISAs typically have revenue shares between 2 and 10 percent, according to career karma`s „State of the Income Share Agreement (ISA) Market“ report, a site that focuses on tech careers.
Proponents argue that the funding method imposes more responsibilities on the school to help students succeed and offers an alternative to loans and debts. Are other ISA programs interested? On our students page you will find a complete list of schools and programs offering an ISA on Meratas! Most ISAs are run by colleges for their own students, sometimes with private sources of capital. However, you can get an income participation agreement from some private lenders like stride Funding, which you can use in most schools.