Fair financial solutions for your education with income based repayments

ISA's for your Degree of choice

Income Share Agreements are a financial model that offers fair financing options for your education. Equal opportunities for all, irrespective of your financial background.

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Study without financial stress
Low Risk due to minimum income threshold protection
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Capped
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 eG community and they are income contingent. You do not have a fixed amount of debt, but rather a repayment plan that is tailored to suite your individual financial capacity.

Income Threshold

Repayments only start when you earn above the minimum income 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 income contingent. You do not have a fixed amount of debt, but rather a repayment plan that is tailored to suite your individual financial capacity.

Repayments only start when you earn above the minimum income 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.

YOUR VOICE COUNTS

 

Financing your education with the Income Share Agreements means that you become a member of CHANCEN eG, in solidarity with our community. By joining our united community you participate in the development of CHANCEN eG and assist in the growth of this model.

ADVANTAGES AND DISADVANTAGES

  • Financial relief through the elimination of immediate payment of tuition fees and high-interest rate payments.
  • No risk of fixed debt and rigid repayment plans
  • No collateral or guarantees required
  • Full flexibility in choosing to further your education, your career or taking a sabbatical
  • You are part of a community of solidarity, thus ensuring equal opportunities for future generations
  • Compatible with BAföG and other scholarships
  • Repayment only starts once your income exceeds the minimum threshold.
  • Income contingent repayments – adapted to suit individual capacity
  • No repayment obligation when your income is below the minimum income threshold
  • The total repayment is capped: no further obligations on repayments once the maximum limit has been reached
  • Partial tax deduction, based on the current tax guidelines according to the country you are based in.
  • As soon as your income is above the minimum income threshold, it is obligatory to make repayments, over a period of 10 years
  • Full disclosure of your annual tax return statement to CHANCEN eG for 25 years.
  • The repayment amount can exceed tuition fees, should you have a very high income.
  •  As a member of CHANCEN eG at least one share of 100 Euro must be purchased.

Our Partner Universities

CHANCEN eG Partners

Contact

If you have Questions or Feedback, let us know!