Income Share Agreement (ISA) Financing
A New Way to Finance Education
Thank you for visiting us! Here’s more information about the Income Share Agreement (ISA) program issued by Blue Ridge Bank, N.A. as a funding option for students in eligible programs.
What are ISAs?
ISAs are an innovative alternative to traditional fixed payment installment loans. In short, students pay a percentage of their future income for a set period of time, up to a maximum cap, without accruing interest.
Unlike a traditional loan, students do not pay until they find a job and reach the minimum income threshold. The payments adjust according to the level of the student’s income – a true outcome-based model with other downside protections for the student!
Learn more about the ISA program issued by Blue Ridge Bank, N.A. with these downloadable details: