Freedom through Solidarity

Income Share Agreements

With the Income Share Agreements, you can focus on your studies at the Merz Academy, 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 and earn above the minimum income threshold, you start making income-based repayments.

A fair financial solution where repayments are based on your income

ISA's for the Merz Academy

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

1
Study without financial stress
Protection with the minimum income threshold
2
3
4
5
6
7
Capped Rates
Individual repayment structures
8
9
10
11
12
13
14

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.

Voices from the Merz Academy

  • Martin Fritz

    Martin Fritz

    Rector of the Merz Academy


    “It is a very important step to work more and more to ensure that studies do not fail due to financial and social hurdles. It is important that the students have the choice in their educational decisions and it is important that we can choose the students without consideration of material background.”

  • Stefan Grünenwald

    Stefan Grünenwald

    Administrative Director of the Merz Academy


    “The reverse generation contract allows our students to concentrate fully on their studies, as they do not have to worry about financial matters. The concept of solidarity is fully in line with the orientation of the Merz Academy.”

  1.  
  2.  

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 % for freelancers.

Course /
Financing option
Semester Tuition fees repayment period Income share
BA Design, Art and Media - Pathway Crossmedia Publishing 7 16.086 Euro 10 8,5 %
BA Design, Art and Media - Pathway Visual Communication 7 16.086 Euro 10 8,5 %
BA Design, Art and Media - Pathway Film and Video 7 16.086 Euro 10 8,5 %
BA Design, Art and Media - Pathway New Media 7 16.086 Euro 10 8,5 %
MA Research in Design, Art and Media 3 7.470 Euro 10 3,5 %
MA Research in Design, Art and Media 4 9.960 Euro 10 4,5 %

Your ISA

How do ISA's work?

The first step towards your future is the decision to study at Merz Academy. With the ISA you have the freedom to choose your desired degree.

As soon as you have applied at Merz Academy, you can simply apply for support from CHANCEN eG. Complete the application form and select a date for your interview. We will arrange the interview either at Merz Academy or in our offices. 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 Merz Academy. 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 an internship or start a masters program?

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.


Contact

Nathalie Hubschneider

Bewerbungs- und Communitymanagerin