What are the eligibility requirements for an income share agreement?

What are the eligibility requirements for an income share agreement?

To qualify for an income share agreement, you typically need to be enrolled in an eligible program, have a certain income level, and meet specific academic criteria.

Are there any age restrictions for these agreements?

Yes, most income share agreements require you to be at least 18 years old, but some programs may have different age requirements.

Do I need to have a job to apply?

No, you don't need to have a job to apply, but having a stable income can improve your chances of approval.

What happens if I don't meet the income threshold after graduation?

If you don't meet the income threshold, you typically won't have to make payments until you do, depending on the terms of your agreement.

Can I apply for multiple income share agreements?

Yes, you can apply for multiple income share agreements, but each one will have its own eligibility criteria and terms.