How does the ISA work?

Students can defer their tuition payment and only pay once they earn an income. Once employed in any position and any role, they will owe 17% of their monthly gross wage so long as their gross monthly salary is at or above $3,333 per month (equivalent to $40,000 yearly salary). There is no interest rate and no credit checks, if you don’t pay the full tuition amount by the 42nd month of payments, Holberton will forgive the rest of the tuition. If you earn less than the threshold or are unemployed, you may defer payments up to 2 years -- thereafter payments will be marked at a zero-dollar value towards the 42-month cap.