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San Diego Workforce Partnership Income Share Agreement

These include Cachu, who couldn`t find work, and others who landed internships that don`t pay enough to reach the $40,000 cap on refunds. Unique for this program is a financial model known as a Revenue Sharing Agreement (ISA) in which students do not pay money upfront. Instead, they agree to return a percentage of their future monthly salary for a certain period of time after graduation and get a job that pays more than US$40,000 a year. The maximum amount of time you can make payments. If your payments are suspended because you are below the income threshold, you will equalize those payments as soon as you save more time. At the end of the payment window, your commitment is complete, provided that your account is in good condition, regardless of the number of payments you have made. .


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