Freedom through Solidarity

Income Share Agreements

With the Income Share Agreements, you can focus on your studies at the Brandenberg Medical School, while Chancen eG takes care of your tuition fees – partially or in full. In exchange, you commit to affording future generations with the same opportunity. Once you start working as a doctor or psychologist and earn above the minimum income threshold, you start making income-based repayments.

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A fair financial solution where repayments are based on your income

ISA's for your preferred degree at MHB

The Income Share Agreements (ISA) ensures equal access to education with a fair financial solution, irrespective of your current financial status.

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Study without financial stress
Protection with the minimum income threshold
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Capped Rates
Individual repayment structures
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Study

Chancen eG takes care of your tuition fees so you can focus on your studies.

Repayments

Contrary to regular loans, your repayments are made to the Chancen eG community and they are based on your income. You do not have a fixed amount of debt, but rather a repayment plan that is tailored to suit your individual financial capacity.

Income threshold

Repayments only start when you earn above the minimum threshold of 21.000 Euros Net. This ensures that the repayment plan is only activated when you can really afford it.

Capped

The repayment value is capped and reaches a maximum amount. A high income does not mean that the repayments are excessively high.

Chancen eG takes care of your tuition fees so you can focus on your studies.

Contrary to regular loans, your repayments are made to the Chancen eG community and they are based on your income. You do not have a fixed amount of debt, but rather a repayment plan that is tailored to suit your individual financial capacity.

Repayments only start when you earn above the minimum threshold of 21.000 Euros Net. This ensures that the repayment plan is only activated when you can really afford it.

The repayment value is capped and reaches a maximum amount. A high income does not mean that the repayments are excessively high.

What students have to say about the ISA's

  • Sophie Sandner

    Sophie Sandner

    medical student

    Through my personal experience from my midwifery training, various internships and conversations with friends I understand the full extent of the problem in Brandenburg in terms of the lack of doctors. As a future doctor, I would like to contribute to tackling this problem. My medicine studies are made possible through the Income Share Agreements. The income-based repayments are not only extremely fair but by supporting future students I act in solidarity. It just feels right not to be dependent on a bank loan after graduation. Finally, the ISA eases family planning and improves my quality of life, as a young doctor.

  • Jennifer Girke

    Jennifer Girke

    medical student

    I opted for the Income Share Agreements because it grants me freedom to pursue my individual education and career path; during my studies as well as afterwards. The actual repayment sum depends on my future income and thus on what I can really afford. Should I earn a lot in the future then my repayments are higher, should I earn less, then the repayment adjusts. This income based repayment model involves no risk for me and is therefore a fair financial model.

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An overview of our financial support

During your studies, we take care of your tuition fees, partially or completely. When you graduate, income based repayments are made to Chancen eG over a 10 year period. Should your annual income be less than 21,000 Euros, repayments are not required. Your repayment is then shifted to a period when you earn above the minimum income threshold. Income is calculated after standard deductions of 21.2 % for employees and 37.0% for freelancers.

Course /
Financing option 		Semester Tuition fees repayment period Income share
Medicine Degree – 45.00 Euro Financing 10 45.00 Euro 10 15 %
BSc Psychology 6 24.660 Euro 10 11%
MSc Psychology 4 16.440 Euro 10 7%

Your ISA

How do ISA's work?

The first step towards your future is the decision to study at MHB. With the ISA you have the freedom to choose your desired degree. For the Psychology degree, Chancen eG covers full tuition fees. For the Medicine degree, we cover the portion of fees that your clinic does not pay.

As soon as you have been accepted at MHB, you can simply apply for support from Chancen eG. Complete the application form and select a date for your interview. Should you be a suitable member for our community we will offer you a contract. Please note you do not require collateral or surety.

You can completely focus on your studies. With the ISA your tuition fees are paid directly by Chancen eG to MHB. Once you have graduated you can take your time in deciding what the next steps on your career path will be. Maybe you would like to travel, do your apprenticeship as a therapist or specialise as a doctor?

As soon as your annual income exceeds 21.000 Euros you start repayments to Chancen eG, set at a fixed percentage of your total income. To calculate your individual annual repayments, your annual tax return statements are disclosed to us. Should you take a sabbatical or choose to study further your repayments are put on hold until you can afford to pay them again.

Your repayments ensure that future generations also have access to education using this fair financial model.

Your repayments are discontinued once you have reached the end of the repayment period, irrespective of the sum of money you have paid back. You are welcome to continue being a member of Chancen eG and engage in educational funding opportunities for future generations.


More Information on ISA's
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