Launch of the ISA model for students
The global online education platform GreyCampus is launching the Income Sharing Agreement (ISA) Model for Data Science and Web Development Career Programs for Indian Students. Career programs are skills development programs that lead to positive career outcomes. This unique ISA model allows students to defer most payments of their program fees until the end of their program and after they have been successfully placed.
“We believe that quality education should be accessible to all. We are excited to launch the Revenue Sharing Agreement (ISA) for our career programs. Under this model, students will pay a small fee or no charge, but instead will share a percentage of their salary with us. over time after placement, ”said Vijay Pasupulati, CEO and Co-Founder of GreyCampus.
“Our students are a mix of people looking to change careers in new-age fields or grow in their existing careers; people looking to expand their careers with new skills; people looking to jump-start their careers after a hiatus; and new graduates looking to launch their careers, ”he added.
The six-month structured online career programs are guided by project-based learning and boot-camp-style live courses from experts, mentoring by industry veterans, online tutorials and a ongoing support for teaching assistants. Students also receive career counseling services with career counseling and career transition assistance. Career programs are accompanied by internships with an annual salary of between ₹ LPA 5 and ₹ 25 lakhs per year. Admission to the program is competitive and based on an entrance exam and interview process. This ISA model democratizes quality education where every deserving person can now aspire to embark on a great career.