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Tuition & Aid
Since 2014, the majority of Product College students have financed their tuition with Make School’s Income Share Agreement (ISA). Instead of paying tuition up front, students taking an ISA commit to paying a percentage of their income for a certain number of years after graduating (see table below.) With ISA financing, graduates only pay when they have a job making more than $60,000/year.
Our ISA financing model aligns our incentives with the outcomes of our students - we are successful if you are successful. With ISA, you only owe when you earn.
All US Citizens and Permanent Residents are eligible for full ISA financing. Make School also offers the option to pay part or all of tuition up front. The more tuition you choose to pay up front, the fewer months of repayment will be shared with Make School after graduation. When you enroll you will be asked to choose your preferred tuition payment and ISA financing plan.
Income share agreement table (2018)
Year 1$40,000 up front tuition
Year 2$30,000 up front tuition
Total$70,000 tuition paid
Year 1$20,000 up front tuition + 18 months of tuition payback at 20% of gross salary
Year 2$15,000 up front tuition + 12 months of tuition payback at 20% of gross salary
Total$35,000 up front tuition + 30 months of tuition payback at 20% of gross salary
Year 1$0 up front tuition + 36 months of tuition payback at 20% of gross salary
Year 2$0 up front tuition + 24 months of tuition payback at 20% of gross salary
Total$0 up front tuition + 60 months of tuition payback at 20% of gross salary
Comparing To Traditional Colleges
Our graduates start their careers with an average salary of $95k/year, on par with graduates from top-tier programs and far ahead of the national average of around $66,000 .
Our graduates start working 2 years earlier than typical computer science undergrads. While their peers are paying up to $80,000 in tuition for their junior and senior years of college, our typical graduate earns $190,000 pre-tax.
Living Costs & Assistance
Students who demonstrate financial need are eligible for an additional Income Share Agreement that provides living assistance of $1500/month. If you receive a $1500/mo living stipend for the entire duration of your studies at Make School, your ISA payback will be 5-7% of your gross income for 10 years after graduation, stacked with your tuition ISA obligation.
To learn more about living assistance for non-tuition expenses and how to qualify, please visit the Tuition & Aid section of the FAQs.