Dreams Are Free.
Schools Are Expensive.
And Aid is Different than Support.

WE FUND STUDENTS + EDUCATION.

WE INVEST IN PEOPLE + OUTCOMES.

 

MentorWorks opens pathways to education and careers for students and candidates who may not have had the financial or social capital to do it on their own.

STUDENT ISA FUNDING

Income Share Agreement Program

ONLINE CAREER COACHING

Talent Accelerator Platform (TAP)

SCHOOL PARTNERSHIPS

Prospective Student Connector

HIRING PARTNERSHIPS

Diverse Talent Referral Initiative

ABOUT MENTORWORKS

Our Mission + Our People

MentorWorks Education Capital, Inc. is a Community Development Financial Institution (CDFI), certified by the U.S. Department of the Treasury.

WHO WE ARE + WHAT WE DO

MentorWorks Education Capital, Inc. is a Fintech venture that provides income-based financing to students in higher education, advanced certificate, and professional training programs through Income Share Agreements, or ISAs.

Our mission is to make quality education affordable and employment available to all students, regardless of background, and to help them develop the most fruitful career pathways. To that end, we not only provide student loan alternatives but also career support and access to jobs through our proprietary Talent Accelerator Platform (TAP).

Launched in 2016, MentorWorks is among the “founding members” of the ISA industry in the U.S. and has methodically built infrastructure and partnerships with a particular focus on regulatory compliance and social impact.

MentorWorks has created the first and only holistic ecosystem, offering ISAs to well qualified students, support and mentorship to improve graduation and job placement outcomes, while also partnering with employers to recruit directly from our talent pool.

MentorWorks is certified by the U.S. Department of the Treasury as a Community Development Financial Institution (CDFI).

MENTORWORKS FUND + SUPPORT MODEL

Who We Fund + Support

  • College seniors
  • Continuing education students
  • Graduate program students
  • Bootcamp, professional or trade certificate enrollees
  • Aspiring career-changers
  • Experienced professionals facing unemployment

How We Help Candidates

  • Talent Accelerator Platform (TAP) – comprehensive, personalized job search & career coaching program
  • MW Labs Experience – experiential learning opportunities to propose solutions to hiring employers
  • Employer Engagement – live virtual events with employers, mentoring sessions and practice interviews

Why We're Qualified

Our leadership and senior management team members have an average of 25+ years of experience. Among us are tenured professors and operations executives from top-ranked universities as well as VPs and senior directors of marketing, technology, and operations from successful tech startups, Fortune 500 companies and Wall Street financial firms.

INCOME SHARE AGREEMENT (ISA) PROGRAM

The Student Loan Alternative with Social Impact

WHAT IS AN ISA?

ISAs are a flexible alternative to loans. Basically, students pay an affordable percentage of their future income for a set period of time, up to a maximum cap, without accruing interest.

STUDENTS WE’VE HELPED

“Stack Education is an incredible asset in advancing your skillset for the modern economy. And MentorWorks’ Talent Accelerator Platform has provided me with tangible, relevant technical and soft skills that I can use throughout my career as a technology professional.”

Dawdu Mahama Amantanah

 

 
“Through the incredible teaching of the Stack Education team and MentorWorks’ TAP, I was able to not only develop new skills, but I found a career that I can be passionate about.”

Andrea Walsh

 

“The Talent Accelerator Platform helped me focus on enhancing my soft skills as well as shifted my views to help me focus on highlighting my personal brand message I wanted to bring to others when building my professional network.”

– Ian Fields

 

HOW PAYMENT WORKS

  • Students do not pay until they find a job and reach the minimum income threshold
  • The payments adjust according to levels of the student’s income
  • Monthly payments are calculated by applying the income share rate to the total monthly earned income
  • ISA obligations can be ended earlier by making early payments as listed in the early payment schedule

ISA vs. STUDENT LOAN COMPARISON

Income Share Agreements     VS.       PLUS/Private Loans
Interest does not accrue or capitalize. Interest accrues and capitalizes.
Your credit score does not affect the terms of your ISA. Your credit score may affect the terms of your loan and could impact your eligibility.
Monthly payments are based on a percentage of your income. You pay a fixed amount each month, regardless of your income.
Payments don’t start until you make above the minimum salary level in your ISA contract. You make payments, even if you are not making an income.
You only make ISA payments within a specific timeframe, usually 5-7 years. After that your obligation is over. Loan payment term can extend indefinitely until you pay off the principal and interest.
You know the maximum amount you’ll pay, no matter what. Interest is capitalized, so the final payoff amount can increase over the life of the loan if you do not make minimum monthly payments.

STUDENTS FUNDED BY MENTORWORKS HAVE A PROVEN TRACK RECORD OF SUCCESS
(Metrics below are for 2017-2020)

Note: Income Share Agreements may be issued by Blue Ridge Bank, N.A.

ONLINE CAREER COACHING

The Talent Accelerator Platform (TAP) for Job Search + Career Success

TALENT ACCELERATOR PLATFORM (TAP) 

Free, Virtual Job Search Prep Course for Finding Success

Design a Career Strategy

Create ATS Optimized Resumes

Write Professional Cover Letters

Use LinkedIn Networking for Jobs

Prepare for Any Interview

Learn How to Negotiate Offers

WHAT TAP COVERS

The MentorWorks Talent Accelerator Platform (TAP), is a comprehensive six (6) lesson career-enhancement framework specifically built with job-seekers of all levels in mind. We provide definitive guidance in professional skill building and key insights into employment factors that make for successful job searches.

WHO TAP HELPS

  • College seniors
  • Continuing education students
  • Graduate program students
  • Bootcamp, professional or trade certificate enrollees
  • Aspiring career-changers
  • Experienced professionals facing unemployment

WHY TAP WORKS

The TAP curriculum was developed by career services professionals who have worked closely with thousands of students, employers and recruiters throughout their careers. Our team knows what recruiters, HR and hiring managers want and have partnerships with employers like Liberty Mutual, Wayfair and many more.

MENTORWORKS SUPPORTS DIVERSITY + INCLUSION

SCHOOL PARTNERSHIPS

Prospective Student Connector for Enrollment + Diversity

MentorWorks Education Capital, Inc. partners with a wide array of schools to provide students funding for education via Income Share Agreements (ISAs) – an income-driven alternative to traditional loans and debt. We also help drive enrollment by identifying individuals interested in further education who have signed up for free online career coaching through our Talent Accelerator Platform (TAP). 

How MentorWorks Drives Leads and Enrollment

TAP is free to any student. Students join the program for direction about their career success. They get to review and consider educational programs, such as yours, that can help them advance their skills and career.

Upfront non-loan financing. Financial constraints tend to be a major impediment to pursuing further education or training. ISAs are a more flexible alternative to traditional loans.

Our School Partners

HIRING PARTNERSHIPS

Talent Referral Initiative for Diversity + Inclusion 

Industry-Leading Organizations that Hire MentorWorks Candidates

How MentorWorks’ Hiring Partner Program Works

YOUR ONLY COST IS A LITTLE TIME

MentorWorks’ Hiring Partnerships are offered at no cost to participating employers. We know that time is money and your time is your investment. In return, we will define a custom and agile hiring partnership.

WE LISTEN, DESIGN AND DELIVER

Onboarding is simple and swift. We gather information re: your specific business needs, priorities, and timelines. Together, we define measures of success and desired outcomes. MentorWorks then designs and delivers a plan.

LEAN ON US, LIKE PARTNERS DO

Consider MentorWorks an extension of your recruitment team – like a channel partner to your sales org – collaboratively generating solutions to your recruiting challenges, whether you are preparing for future hiring or actively sourcing candidates.

WHAT PARTNER PARTICIPATION LOOKS LIKE

OUR MISSION + OUR PEOPLE

Teamwork Really Does Make The Dream Work

Why We Do What We Do

Our mission is to open pathways to education and careers for students and candidates who may not have had the financial or social capital to do it on their own.

We dedicated to providing students with access – to employers, to mentors, to career enhancements, and to student loan alternatives. We are committed to our mission, which is to make quality education and employment available and affordable to all students, regardless of background, and to support them to develop the most fruitful career pathways.

Why Our Team Members Love MentorWorks 

MentorWorks has been built by intelligent, hard-working, and passionate people who want to be part of something vastly different and truly effect change. Our people dream big and possess a work ethic that inspires those around them. We are forward-thinking individuals who produce solutions rather than wait for them. No one is micromanaged and we promote ourselves through action and execution. We have the freedom and responsibility to achieve our goals and we hold ourselves accountable for setting and meeting expectations.