Fund your education
Jumpstart your career
Achieve both with MentorWorks
MentorWorks Education Capital provides Income Share Agreement (ISA) financing as an alternative to student loans – enabling students to launch their careers without the heavy burden of debt. Through a hybrid “fund and support” model, MentorWorks offers ISA financing with career development & professional mentoring, and access to employers.
What is an Income Share Agreement (ISA)?
ISAs are not loans. ISAs are flexible, low-cost financing options that work as an alternative to traditional student loans. In an ISA, students pay a percentage of their future income for a fixed period of time, up to a maximum amount, without incurring interest. Students do not pay unless they find a job and reach the minimum income threshold.
ISA payments adjust according to levels of income.
Monthly payments are calculated by applying the students income share rate to their total monthly earned income.
ISA obligations can be ended earlier by making early payments as listed in an early payment schedule.
How we work
Funding your education and finding a job after school can be a complex and stressful process – but it doesn’t need to be. MentorWorks aims to combine funding and career development into one streamlined system to make paying for education easier, and the job search more fruitful. Here’s how it works: