Freedom Through Solidarity

Income Share Agreement

With an Income Share Agreement, you can focus on your Bootcamp at SuperCode, 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 tuition fees of future generations.

A Fair Financial Solution Where Repayments Are Based on Your Income

ISA's for your preferred course at SuperCode

The Income Share Agreements (ISA) 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 Bootcamp.

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 Bootcamp.

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.

SuperCode voices about the ISA

  • Sérgio Cardeal

    Sérgio Cardeal

    Co-Founder & Managing Director


    “We not only impart knowledge, but also show tips & tricks, shortcuts and best practices from the world of work. We also attach great importance to exercises, discussion and team spirit – I think this is just the right mix. In terms of content, we focus on the really relevant topics for career entry. The aim is to give the participants the tools they need to continue developing after the course. And above all, we want to awaken a passion for coding and have fun learning.”

  • Afrae El Fatuaki

    Afrae El Fatuaki

    Graduate of the boot camp "Web Development"


    I did the boot camp in web development at Super(Code) where I really liked the challenge between being creative and the technical learning and logic at the same time while picking up new things constantly. I especially enjoyed all the technical experiences and applying my joy of learning there. The amount of things I learned in this short amount of time is really incredible!

    CHANCEN eG’s financing means a lot to me because I was able to study what I wanted without worrying about the money. To me, CHANCEN eG’s offers are very attractive because you only pay back when you have a job and I really appreciate this flexibility. The communication is great and I admire the amount of work put into every individual, as well as the abundant service from sending out informative emails to answering every question timely and as helpful as possible.

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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 5 year period. Should your annual income be less than 27,000 Euros, repayments are not required. Your repayment is then shifted to a period 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%.

For more information on Eligibility Criteria, the Application Process and the ISA Contract, please refer to our FAQs page

 

 

BootcampTuition FeesRepayment YarsIncome Share - with university degreeIncome Share - without university degree
Web Development (Full Stack) - Full Time12,000 Euro59.12 %10.32 %
Web Development (Full Stack) - Remote - Full Time12,000 Euro59.35 %10.55 %
Web Development (Front-End) - Part Time8,600 Euro56.54 %7.40 %
Web Development (Front-End) - Remote - Part Time8,600 Euro 56.70 %7.56 %

Your ISA

How does an ISA work?

The first step towards your future is the decision to complete a Bootcamp at SuperCode. 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 Bootcamp at SuperCode, 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 bootcamp. With an ISA, your tuition fees are paid directly by CHANCEN eG to SuperCode. 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.

Financing of your living expenses

To support you in the best possible way in making sure that you don’t have to worry about your finances during your Bootcamp, we also offer the financing of living expenses.

You can find the general conditions and further information here or simply submit your application via our web form!

Contact

Kyra Gawlista

Student & Alumni Services