Freedom Through Solidarity

Income Share Agreement

With an Income Share Agreement, you can focus on your studies at CODE. CHANCEN eG will pay your tuition fees, in exchange, you commit to supporting future generations with the same opportunity. Once you earn above the minimum income threshold (e.g. through your work as a Software Developer, Software Engineer or UX Designer) you start making income-based repayments.

Important to know: You don’t need to submit an application directly to us at CHANCEN. Instead, simply indicate your interest in the ISA during your application to CODE. CHANCEN will then be part of your interview on your CODE Admission Day. Our current eligibility criteria listed on our Admission FAQ page does not apply to students at CODE University. The Income Share Agreement Model is available to all students who are successful in the application process and granted an acceptance offer by CODE. More details into this process are given on your Admission Day.

A Fair Financial Solution Where Repayments Are Based on Your Income

ISA for your preferred degree at CODE

The Income Share Agreement 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 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 27.000 Euros gross. 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 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 27.000 Euros gross. 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.

An Overview of our Financial Support

During your studies, we take care of your tuition fees either partially (50%) or completely. When you graduate, income-based repayments are made to CHANCEN eG over an 8 year period. Should your annual income be less than 27,000 Euros Gross, repayments are not required. Your repayment period is shifted to a time when you earn above the minimum income threshold.

Course /
Financing option
Semester Tuition fees repayment period Income share
BSc Software Engineering - 100% Funding 6 32.768 Euro 8 13,5 %
BSc Software Engineering - 50% Funding 6 16.393 Euro 8 6,75 %
BA Interaction Design - 100% Funding 6 32.768 Euro 8 13,5 %
BA Interaction Design - 50% Funding 6 16.393 Euro 8 6,75 %
BA Product Management - 100% Funding 6 32.768 Euro 8 13,5%
BA Product Management - 50% Funding 6 16.393 Euro 8 6,75%

Your ISA

How do ISA's work?

The first step towards your future is the decision to study at CODE. With an ISA you have the freedom to choose your degree, without worrying about the tuition fees.

With your application at CODE, you can apply for an ISA with us by indicating your interest to our colleagues in your application form. You do not need to apply separately with CHANCEN. CHANCEN eG will join your Admission Day at CODE; in which we can get to know each other and establish if the ISA is a suitable fit for you. During the Admission Day and in the interview, you can clarify all your questions regarding the ISA model, the contract and the process from start to finish.

You can completely focus on your studies. With an ISA your tuition fees are paid directly by CHANCEN eG to CODE. 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 startup your own project?

With your first annual income that exceeds 27.000 Euros you start repayments to CHANCEN eG, 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 earn above the minimum income threshold 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.

Contact

Tom Green

Student & Alumni Services