What is a PISA?

Eleven Fifty Academy offers Progressive Income Share Agreements (PISAs) to students who apply and qualify for a 0% interest loan for a portion of their program tuition. Unlike traditional Income Share Agreements (ISAs) where a student may pay interest anywhere between 10%-35%, students who benefit from an Eleven Fifty’s PISA only pay back exactly what was borrowed, nothing more.

How does a PISA work?

• PISAs range from $5,000 – $10,000 of program tuition costs
• Students don’t pay anything back until they land a job making $42k+/yr
• The income share rate is 5% of the graduate’s salary until the loan is paid off
• Students who qualify pay back only the amount borrowed at 0% interest

PISA vs. ISA