Finance your education with your future career
Enroll in a full-time Wyncode program with no up-front tuition costs. We’ve partnered with Meratas to develop a market-leading Income Share Agreement program that lets you pay back tuition once you’ve landed a job making $40,000/year or more. ISA’s are available for our full-time programs: Full Stack Web Development and UX/UI Immersive.
At Wyncode, we believe in you
Wyncode’s ISA is the only program in Miami that gives you an interest-free year. If you pay back your original tuition amount within one year of graduation, the ISA payments will not kick in. This means you won’t have to pay any extra fees, interest, or anything— just your tuition.
What is an ISA?
An Income Share Agreement, or ISA, lets you get funding for your education in exchange for a percentage of your salary once you’ve landed a job after graduation.
Essentially, it is an agreement that allows you to enroll in a full-time Wyncode program at no cost (outside an initial $500 deposit) until you secure a position making at least $40,000 a year.
The percentage of your salary and number of payments would remain the same (regardless of any salary increases or decreases) until the repayment cap is met or all the payments are made, whichever happens first.
How do I apply?
Apply to your Wyncode full-time program of choice
Our admissions team will review your application and lead you through the process through acceptance.
Confirm your spot in the program with a $500 deposit
This deposit reserves your seat in the class, and it is not included in the ISA.
Apply for the ISA
This will happen through our ISA partner Meratas. Our admissions and talent teams will review your application and make a decision whether or not you qualify for an ISA.
Review and confirm your ISA terms
Our ISA terms are a standard 11.5% of your future salary paid back on a monthly basis, with a total of 48 payments, and a maximum tuition repayment cap of 2.0x. This means your ISA will end when you complete the 48 payments or when you meet the repayment cap, whichever happens first.
How does it work?
Lets imagine your name is Alex. This is what your ISA timeline might look like:
Alex graduates! She meets with Wyntalent for job support.
Alex signs her ISA and starts in the UX/UI Immersive program.
Alex lands a job as a UX/UI designer. She makes $65,000 a year.
Alex’s grace period ends and she starts making monthly ISA payments.
Alex gets a few promotions and her salary increases. Since her ISA percentage stays the same, her monthly payments increase.
Alex makes her 40th payment. She meets the third year repayment cap, which ends her ISA . She paid $25,300 in total.