Joining one of our tech program comes at a cost. However, we want students to have confidence in their ability to graduate and land a new job, without worrying about financial aspects of the programs.
Instead of paying tuition, students can choose to join the program with an Income Shared Agreement (ISA)* and pay a small percentage of their income only once they are employed, and only on the months they earn.
We believe in Success-based education. The only up-front costs required to attend ITC is the set-up fee of 2,000 shekels – we only get paid when you do. After finishing your studies and company programs, you’ll start paying back 10% of your monthly income over 2-4 years.
If you don’t find a job or don’t reach the level of income required after finishing the program, you won’t have to pay back your tuition. Alternatively, instead of income-based repayment, you may choose to pay the full tuition up-front.
The Income Shared Agreement (ISA)* allows you to focus on what matters the most: your training and placement. Joining the program also means you’ll get to learn from the most knowledgeable companies in your industry, network with peers who might become your next colleagues or business partners, and get access to additional services such as career coaching training, job opportunities, and financial advice. No one wants you to succeed as much as we do.
“I chose the ISA model ITC offered as it allowed me to focus entirely on my studies and landing the right job, without worrying about financial aspects. According to me, it’s one of the best ways to achieve great success!”
Design Verification Fellows Alumni 2018
Note that ISA eligibility is granted by a third party bank and is subject to bank approval, based on the bank terms and policies in effect at that time.
We believe access to education should be universal and financing should not be a barrier to economic empowerment. We believe in the model of ISA (Income Share Agreements) and its power to increase access to the tech industry for people with the right talent and aspirations, no matter the background they come from.
Yes, there is both a payment cap and a maximum amount of monthly payments. The payment cap differs from program to program, and depends on the final amount you choose to pay upfront (if at all). Even without reaching the payment cap, the maximum of monthly payments is 48;.
Data Scientists and Cyber Security professionals working and earning above 12K NIS and Full Stack Developers earning above 7k NIS will have to pay back a subset of their earnings to cover the tuition costs. However if a student isn’t working, there aren’t any penalties or fees.
We are partnering with Spark Innovation who will assist students in the ISA process, including all contracts, documentation and tracking of the participants hiring process.
Just fill out the form, and we will make sure to get in touch with you as soon as possible.