Income Sharing Agreement
An Income Sharing Agreement (ISA) is a financial agreement between a student and an educational institution that allows the student to defer payment of tuition fees until they secure a job after completing the course. The agreement stipulates that the student will pay a percentage of their income to the institution for a specific duration after they secure a job. In this case, we are proposing an ISA for our Pay After Placement Data Science Course.
The Pay After Placement Data Science Course is an intensive program that equips students with the necessary skills to become data scientists. The program is designed to run for 6 Months, during which students will be exposed to practical projects and real-world scenarios to enhance their learning experience.
Under this agreement, students will be required to pay 15% of their gross monthly income for a period of 12 months after they secure a job. The minimum salary threshold for repayment is 8,000 per month. If a student does not secure a job after completing the course, they will not be required to make any payments.
The ISA is intended to make the Pay After Placement Data Science Course accessible to all individuals regardless of their financial status. It also aligns the interests of the educational institution with those of the students by ensuring that the institution is invested in the students’ success.
In conclusion, the Pay After Placement Data Science Course with the proposed Income Sharing Agreement is an excellent opportunity for individuals who are passionate about data science but may not have the financial means to pay for tuition upfront.
Note : An Income Sharing Agreement (ISA) entails that regardless of whether the job was acquired independently or through our assistance, the individual is obligated to pay the predetermined amount specified in the agreement.