When do my repayments begin for my Income Share Agreement?

After you sign the contract, and for any month you are not above the minimum income threshold (including while you are studying), we will charge a €10 per month Monthly Administration Charge. This is ensure your ISA remains active and covers our costs.

Once you complelete your studies, we will schedule your first full payment for 60 days after your course end date. To minimise any hassle, we automatically calculate the first 3 repayments based on the minimum income threshold we agreed with you - for example, with a minimum income threshold of €16,000, this means the first three repayments would be (€16,000 / 12 months = €1333) x12% = €160.