A new way to pay for your education.

Triangle Education Foundation is standing behind student success with income share agreements (ISAs). With a Triangle ISA, you’ll only pay when you succeed.

We’re committed to your future. Through our ISA program, you can access up-front tuition funding for your education. In return, you’ll make up to 72 monthly income-based payments. You’ll only pay in months you meet the minimum income threshold ($3,333.33/month, equivalent to $40,000/year), and as long as you remain in compliance with your ISA, you’ll never pay more than 1.6x the funding amount you received. Browse this site for more information, and visit the Resource Center for additional materials to help you navigate  ISAs. For more information or an invitation to apply, contact us.

What Is an Income Share Agreement (ISA)?

Triangle’s ISAs are contracts between you and the Triangle Education Foundation that provide funding for your education. In exchange, you agree to share a fixed percentage of your future gross monthly income after you leave school. Here are some of the key terms you should know before you sign an ISA:

ISA Amount
Amount funded to your student account
Income Share

Percentage of your gross monthly income you will share when monthly payments are required

Maximum # of Monthly Payments
Greatest number of monthly payments you could be obligated to make
Payment Cap
Maximum amount you could be obligated to share*
Payment Window
Number of months after your grace period ends, before your ISA obligation automatically expires
Minimum Income Threshold
Minimum gross monthly income you must earn to trigger a monthly payment ($3,333.33/month)
Grace Period
The six months after you leave school before payments start

Benefits of an ISA

  • Income-based payments: When your income is low, your ISA payments scale down with your earnings.
  • Downside protection: You’ll only make payments in months when you meet the minimum income threshold.
  • Built-in ISA expiration: If your payment window closes before you reach the maximum number of monthly payments or payment cap, your ISA will automatically expire, provided that you’ve made your payments as required whenever you earned above the minimum income threshold. Your contract may expire even if you’ve paid less than your initial funding amount or nothing at all.

“At Triangle, we’ve launched a program that helps remove financial barriers to degree attainment. It’s our hope that Triangle ISAs will jumpstart our members’ career success and help them continue down the path to becoming tomorrow’s leaders.”

Scott Bova, President & CEO

Fulfilling an ISA

To fulfill your ISA obligation, you’ll either make the maximum number of monthly payments or hit the payment cap—whichever comes first. Plus, if your payment window closes before you fulfill either of those obligations your ISA will automatically expire, even if you’ve paid little or nothing at all.

Maximum Number of Monthly Payments

Your ISA will define a maximum number of monthly income-based payments. Once you make that number of payments, your ISA ends—even if you’ve paid less than the initial funding amount..

Hit the Payment Cap

Over the course of making monthly income-based payments, you may hit the payment cap (equal to your ISA amount). Hitting the payment cap will end your ISA*—even if you’ve made fewer than the maximum number of monthly payments.

Getting Started

Here are the steps to take if you’re interested in learning more about an ISA.

01.

Evaluate all your financing options.

Visit the Student Resources page to find a Financial Fitness Quiz and other ISA resources. Consider your available options.

02.

Contact an advisor.

Consult with the Triangle Education Foundation team and a trusted financial advisor about whether an ISA is right for you. If you decide you want to sign an ISA, complete the Pre-Qualification Application (located in the quick links below) and we will reach out in the next few business days.

03.

Complete your ISA registration.

You’ll receive an email invitation to register for your ISA. Review the terms and, if you choose to proceed, sign the contract digitally. Your ISA amount will then be credited toward your tuition on the designated disbursement date(s).

Contact Us

Complete the form below, and a dedicated Triangle advisor will reach out to answer your questions and help you apply for an ISA.