Freedom through Solidarity

Income Share Agreements

With the Income Share Agreements, you can focus on your studies at Europe’s first digital 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 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 your preferred degree at EDU

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 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 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 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 will cover the tuition fees. After your graduation you pay a share of your relevant income to CHANCEN eG for 8 years. If your income is below the minimum income of 27,000 euros of relevant income, your repayment is suspended and postponed. The relevant income is the positive income (gross) reduced by income-related expenses. The flat-rate deduction for self-employed persons is 16.4%.

Course /
Financing option
Semester Tuition fees repayment period Income share
Bachelor of Medicine 6 58,500 Euro (Financing from CHANCEN eG amounts to 27,000 Euro) 8 15%
Master of Medicine 4 39,000 Euro (Financing from CHANCEN eG amounts to 39,000 Euro) 8 13%
Bachelor + Master of Medicine 10 97,500 Euro (Financing from CHANCEN eG amounts to 45,000 Euro) 8 15%
Please note: the maximum funding amount for Master + Bachelor of Medicine amounts to 45.000 Euro.

Your ISA

How do ISA's work?

The first step towards your future is the decision to study at EDU. With the ISA you have the freedom to choose your desired degree. Chancen eG covers 45.000 Euro of the tuition fees.

As soon as you have been accepted at EDU, 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 EDU. 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 27.000 Euros gross 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

Application and Community Manager