Student Finance

Invest inyour Future

1

Pay no tuition until you land a job

We take care of your tuition cost until you are making at least €16,000 a year.

2

Monthly payments are based on what you make

When you are employed, you'll start to make monthly payments based on a percentage of your income, until you've reached the cap or the payment schedule ends.

In partnership with StudentFinance, we are offering this new pay-for-success financing model because we are committed with your success.

At our bootcamp you learn high demanded skills. The majority of our students have been hired by leading companies like:

Accenture
BBVA
Cabify
Capgemini
Everis
Indra
Sngular
Telefonica
Vocento

Eligible
Programmes

Web Development (Full-time)

  • Madrid

Web Development (Full-time)

  • Barcelona

Income Share
Agreement

0%

Income Share

0

Months

€16.000

Minimum Income Threshold

€0

Payment Cap

€0

Student deposit

I will earn

€16.000/year
and pay
€134/month
during
48Months

Who is eligible?

¿Quién puede participar en el programa?

The ISA program is available to individuals who are:

  • Accepted to participate in a Le Wagon Full Time course in Spain, either in the Madrid or Barcelona campuses.
  • At least 18 years of age on the date of entry to the programme.
  • A legal resident of Spain.
Apply Now

How does
it work

01

Start your application process for the bootcamp of your interest by clicking in the button "Apply Now".

02

Please remember you need to complete Le Wagon's admission process before submitting the application for the ISA. Our team will review your application and contact you if we need any additional information. Once all data is complete, you will receive an answer in 24-48 hours.

03

If you are accepted, you'll receive the ISA (Income share agreement) contract to sign. You will then be ready to start your program!

04

We support you with career coaching, getting access to potential employers and guide you throughout the process.

05

Once you get a job you start paying the ISA %.

FAQ’s

01 What is an ISA?

An ISA is a contractual agreement in which you receive education funding. In exchange, you agree to share a fixed percentage of your post–graduation income over a defined period of time.

02 What are the ways an ISA ends?

An ISA is completed when the first of these events occurs:
- You complete the required number of payments
- You achieve the payment cap
- The payment window ends (7 years from signing the contract)

03 What are the benefits for me?

ISA payments adjust according to your income after you graduate from the bootcamp, so you always pay what you can afford. In addition, the minimum income threshold ensures you will not pay until you earn above that level.

04 Is there an interest rate?

In an ISA there is no interest, no debt burden. Since only income is shared, the obligation to make payments pauses when income falls below minimum threshold. During this deferment period, there is no compounding interest so it is possible, but not expected, that total payments may be less than the original amount financed. This means that ISAs never make the situation worse when someone faces financial hardship making them a socially responsible alternative to loans.

05 How do I pay for my ISA?

Monthly payments are calculated by applying the income share to your total monthly earned income. You will receive a monthly bill for this amount, and you can make your payments by direct debit or online.

06 What happens if I don't get a job or my income falls below the minimum income threshold?

The minimum income threshold for this ISA is €1,500/month (equivalent to €18,000/year). If you don't get a job or your income falls below €18,000/year, your payments will pause. Your payments will resume when your income increases above the threshold.

07 Is there an early payment option?

Yes. You may satisfy your ISA at any time by paying the payment cap minus any payments you’ve already made with no penalty at all.

08 Do I still have to pay if I don’t finish the program?

If you leave the program before completing 40% of the bootcamp, your ISA will be prorated according to the number of completed program days. If you leave the program after completing 40% of the course, you will share your income according to the full terms of the ISA.

09 Am I required to pay the amount I received as a tuition credit?

You are required to pay the agreed-upon percentage of your income for the prescribed term of the contract. The amount you pay is not tied to the value of the tuition benefit you received.

10 Will I be required to pursue a specific career?

Absolutely not. There are no requirements stipulating the nature or type of employment that you choose after graduation.

11 What are the key terms of an ISA?

- ISA Amount: The amount credited to your account (the net tuition of the program you choose to do)
- Income Share: The percentage of monthly income you will pay back
- Required Payments: The number of monthly payments required to fulfill your ISA obligation (also called payment term)
- Payment Window: The maximum time for your ISA. An ISA in good standing ends when the payment window is over, even if - based on your monthly earned income - you have been required to pay less than the ISA amount or nothing at all.
- Minimum Income Threshold: The income that you must be making in order to make payments. If you are making below that, then payments are paused
- Payment Cap: The maximum amount you can be obligated to share; expressed as a multiple of the ISA amount

12 What is the risk associated with an ISA?

The risk associated with an ISA is that Participants can end up paying more than they would with a loan, but only if they have a significant increase in income, performing significantly higher than the average of the students attending that education program. Even in this scenario, their payments are capped and they have the option to early prepay and terminate the ISA.