Stride Funding or FinWise Bank's loans are not endorsed by Upright. Stride Funding and FinWise Bank are not affiliated with Upright.
The ISL Program
Flexible financing so you can focus on learning now and paying later.
With an Income Share Loan (ISL) made available through Stride Funding¹, you pay back your funding as a percentage of your income for a fixed period of time—after you leave the program and are earning above the minimum income threshold.Get Started
How It Works
Income Share Loans (ISLs) made available through Stride Funding¹ offer a flexible way to pay for your program.
Focus on Class, Not Cost
With an ISL, don't pay for your career training until after you've got a job making $35,000 per year!²
After you’ve reached the minimum income threshold, you’ll start paying a percentage of your monthly earned income for 36 months. Monthly payments stop early if your total payments ever reach 1.5x funded tuition.²
Bank on Yourself
Our support team + your career ambition = great success. Have confidence in your ability to graduate and break into a new in-demand field.
When will you start paying?
After you complete (or leave) the program and find a job paying at least $35,000 year and after the 3 month grace period after graduation.²
When will you stop paying?
You’ll stop paying after you’ve made 36 monthly payments, reached the maximum repayment amount, or reached the maximum implied APR—whichever comes first.²
What might my payments look like?
To see your monthly payment amount, payment cap, and ISL percentage, please use this calculator.
Monthly Payments An affordable, fixed percentage that never changes
Payment Term Allowing you to save for the future and major milestones
No payments when you make less than this. Only pay when you have meaningful earnings.
Never pay back more than 1.5x funded tuition. We want to see you succeed, not penalize your success.
No payments for 3 months after graduation. Focus on getting a great job, not making payments.
Take Our Quiz!
Take our quiz to see how well you understand the terms & how an ISL works.
¹ Loans may be issued by Stride Funding, Inc or FinWise Bank, a Utah-chartered bank, Member FDIC. All loans are subject to individual approval and adherence to underwriting guidelines. Program restrictions, other terms, and conditions apply.
² The effective Income Share Percentage (“ISP”) on your Income Share Loan (“ISL”) is a fixed percentage of your monthly gross-income and will range between 2.6-10.0%, for a period of 36 months after the beginning of your payment term. Monthly payments are required and will vary greatly in amount because they depend on your specific ISP and your reported monthly gross-income. Monthly repayment amount is based on your designated ISP and monthly gross-income, not an Annual Percentage Rate (“APR”); the APR you actually pay will be dependent on your actual ISP and gross-income for the entire duration of the loan repayment period.
To help illustrate how much you might pay on your ISP, we are providing the following example showing the total monthly payments for loans that have the maximum ISP. For this example, we are assuming an ISP of 10% (highest possible ISP), amount financed of $9,850, 36-month repayment period, and 3 months until graduation plus 3-month grace period. If your salary started at $45,000 and didn’t increase over the next 36 months, your monthly payments would be $375.00 per month and would end after making total overall payments of $13,500.00 over 36 months, with an APR of 17.24%.
For this example, your total monthly payments would end after 36 months even though you would not have reached the Maximum Implied Annual Percentage Rate of 21%, because you have reached your required number of Maximum Monthly Payments first, assuming that you have no deferrals or other pauses to your payments. You may repay more or less than the amount you received, depending on your specific circumstances. Your loan has a maximum payment period (72 months) inclusive of any months where monthly payments are made as well as any months that are deferred months after you leave or graduate from your program.