Freedom Through Solidarity

Income Share Agreement

With an Income Share Agreement, you can focus on your studies at the Hertie 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 in public administration, international management or at an NGO 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 for your preferred degree at Hertie School of Governance

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.

What students have to say about the ISA's

  • Florence Schimmel

    Florence Schimmel


    I think UGV is a great way to reduce the financial barriers to private education. There are interesting and exciting programs here that should not only be reserved for financially strong students. Because of this, I am convinced of the ISA as a concept. And after studying, the ISA adapts to my life and not the other way around. I am protected, I can make my contribution – both financially and in solidarity – and I am happy to do so, even if I see the debit.
    The ISA is from students for students: You find a solution together – the heart of what CHANCEN eG is all about. And of course it’s clear that CHANCEN eG needs the money to finance the next generation. That works out in a way that I fully agree with.

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 8 year period. Should your annual income be less than 27,000 Euros, repayments are not required. Your repayment period is shifted to a time when you earn above the minimum income threshold. The relevant income is the positive income (gross) reduced by income-related expenses. The flat-rate deduction for self-employed persons is 16.4%.

Program and FundingTuition Fees (incl. other fees)SemesterRepayment Period in yearsIncome Share
Master of Public Policy
100 % Funding35,725 Euro 4812.00 %
75 % Funding27,100 Euro489.40 %
50 % Funding18,500 Euro486.70 %
Master of International Affairs
100 % Funding35,725 Euro 4812.00 %
75 % Funding27,100 Euro489.40 %
50 % Funding18,500 Euro486.70 %
Master of Data Science
100 % Funding35,725 Euro4812.00 %
75 % Funding27,100 Euro489.40 %
50 % Funding18,500 Euro486.70 %
Executive Master of Public Administration
Full-Time35,725 Euro8Individual Agreement
Part-TimeIndividual Agreement8Individual Agreement

 

Frequently asked questions

Unfortunately, we can not take over this deposit prior to your start of studies. This means that you have to pay the deposit yourself at first. However, we can cover the payment once you have started studying. To do so, please get in touch with the Hertie accounting team directly and ask for a refund. You can do this from October onwards (or when the tuition fees for the first semester have been paid to Hertie by CHANCEN eG).

Yes, we always cover the Campus Fee as well as the costs for the semester ticket (except in case you finance your studies only partly through an ISA).

The costs that arise during your professional year can be covered by CHANCEN eG only if the sum to be financed is at least 950 euros (which equals two semesters including the semester tickets).

As soon as your ISA with CHANCEN eG is signed, we take care of the payments and you do not have to worry about the payment deadlines of Hertie (in case of 100% funding).

Your ISA

How does an ISA work?

The first step towards your future is the decision to study at Hertie School of Governance. 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 degree at Hertie School of Governance, 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 in solidarity we will offer you a contract. Please note you do not require collateral or citizenship.

You can completely focus on your studies. With an ISA your tuition fees are paid directly by CHANCEN eG to Hertie School of Governance. 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 27.000 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.

Contact

Nathalie Hubschneider

Student & Alumni Services