An Income Share Agreement (ISA) is an agreement in which a student receives an upfront payment for tuition and, in return, agrees to pay the company a percentage of their income for a set number of payments.
It's education funding that finally realigns incentives and puts students and their funders on the same side. Put simply, shouldn't we only succeed when you do? We thought so too!
What a Stride ISA might look like
Kaya Needs Help Paying for Grad School
Let's say Kaya needs $10,000 to go to grad school for nursing. She's thought about traditional fixed payment installment loans but doesn't feel comfortable being tied to fixed payments after graduation. She comes across Stride and finds that their ISAs check all her boxes. The payments are flexible, and she knows she'll get the support she needs because Stride only succeeds when she does.
Kaya Signs Her ISA
Stride funds the $10,000 she needs for tuition and, in exchange, Kaya agrees to pay back 3% of her income (no matter how little or how much) for 60 payment months. Payments tied to her future income give her confidence that payments remain manageable even when her earnings change. That allows her to focus on what really matters, her studies!
Every ISA is Unique
It's important to note that ISA percentages and term lengths are unique to each student. If you’re a student, you can get a quote today to see an estimate of what your ISA might look like.
Universities and partners
Getting started with Stride
Collaborating with Stride
1. Get a quote to see if you're eligible
Answer a few quick questions in under one-minute about your education and program. You'll instantly get a quote if you're in a qualified program.
2. Apply for ISA funding.
3. Get your personalized ISA package.
4. Join Stride!
If you like what you see, we'll get you all set up to start funding your education with a Stride ISA!
We love working with other members in the ecosystem to add value to our students.