Freedom through solidarity

Income Share Agreements

With Income Share Agreements, you can focus on your training program at Data Sciene / Deep Learning Retreat, while CHANCEN eG takes care of your tuition fees. In exchange, you commit to affording future generations with the same opportunity. Once you start working in a company or found your own startup, you start making income based repayments to finance the training fees of future generations.

An overview of our financial support

During your 3-month training program, we take care of your tuition fees. When you graduate, income-based repayments are made to CHANCEN eG over a 2-year period. Should your annual income be less than 21,000 Euros, repayments are not required. Your repayment period is shifted to a time when you earn above the minimum income threshold. Income is calculated after standard deductions of 21.2 % for employees and 37.0% for freelancers.

training programdurationtuition feesrepayment periodincome shareminimum repayment
Data Science Retreat3 months10.000 Euro2 years12.5 %10.000 Euro

Repayment Cap

The repayment value is capped and reaches a maximum amount. A high income does not mean that the repayments are excessively high. The maximum amount is variable and increases with the time that you need to complete your repayments. The quicker you pay back to CHANCEN community, the lower your maximum amount.

year of last repayment after finishing your trainingmaximum repayment amount
111.000 Euro
211.800 Euro
312.800 Euro
413.800 Euro
514.800 Euro
616.000 Euro
717.300 Euro
818.600 Euro
9 or more20.000 Euro

What the founders and participants have to say about ISA's

  • Jose Quesada

    Jose Quesada

    Founder Deep Learning Retreat

    „At Deep Learning Retreat, we empower humanity to chose a world without problems that are now solvable with tech. Deep learning is at the top of the tech pyramid in how much leverage it gives you. It was only natural that we partnered with Chancen eG to get our students an ISA.“

  • Tim Bauer

    Tim Bauer

    Student, Data Science Retreat

    Without financial help, it would not have been possible to take the next step for me. What convinced me about CHANCEN eG is the transparency and flexibility of the payment model. The Income Share Agreement convinced me that it is really about educational support. I am glad that I can be a part of it.


Your ISA

How does an ISA work?

The first step towards your future is the decision to complete a training program at Data Science Retreat or Deep Learning Retreat. With the ISA you have the freedom to choose your desired degree, without worrying about the tuition fees.

As soon as you have been accepted for your training program at Data Science Retreat or Deep Learning Retreat, 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 solidarity community, we will offer you a contract. Please note that we do not require collateral or a guarantor.

You can completely focus on your training program. With an ISA, your tuition fees are paid directly by CHANCEN eG to Data Science / Deep Learning Retreat. 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 or do an internship?

With your first annual income that 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 future generations also have access to fair financing.

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.


Nathalie Hubschneider

Bewerbungs- und Communitymanagerin