Israel Tech Challenge (ITC) is firmly committed to admitting the most highly qualified students who apply to its programs, without regard for their financial circumstances. We currently offer our applicants four types of scholarships, and a new funding model whereby students can join any Fellows program while paying no up-front costs. We are constantly working on developing more ways to assist exceptional applicants to take part in our training courses.
Joining one of our fellows 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 if they earn more than 13K NIS per month.
There are no up-front costs required to attend ITC – we only get paid when you do. After you’ve reached the monthly income of 13K NIS, you’ll start paying back 10% of your monthly income over 2 years. Similar programs in the industry cap payments at 2x the cost of tuition, while ITC caps total payment at 1.13X the tuition.
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 of 44K NIS 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
Data Science Fellows Alumni 2018
“I came to ITC to improve my skillset and discover the Israeli Hi-Tech industry. Through this program I’m becoming a Data Scientist and constantly growing, and it wouldn’t have been possible without the scholarship I received.”
Data Science Fellows Alumni 2017
“Coming to ITC on a MASA scholarship allowed me to concentrate all my energies in studying hard and giving my best to excel during the course, as I knew that economically I was being taken care of. When somebody is giving you an opportunity like this one, the way I see it, you have the obligation to squeeze it to the fullest and be your best version”