Why Flatiron School's ISA?
Income Share Agreements (ISAs) are a form of deferred tuition, allowing students to focus on learning — and not on financing. With an ISA, following initial deposit, you pay nothing toward your tuition until after you’ve left the program and are earning at least the minimum income — regardless of job type or industry. Currently available only for those seeking our online courses. The deposit applies towards the tuition.
With Flatiron School, you’ll never pay more than 1.5x the ISA portion of the tuition amount (plus the deposit, which varies by course) in connection with our ISA.
All that is required is a deposit before class to lock in your seat. After that, you don’t pay a dime until you are earning at the least the minimum income threshold – regardless of job type or industry.
Our Career Services team has a proven track record helping students get jobs. You’ll work 1:1 with a dedicated Career Coach on employer networking, résumé review, and interview prep.
How It Works: 4 Steps
Secure your seat in class with your deposit.
In every course we offer, Flatiron School’s curriculum teaches you the skills you need to launch a career in tech.
Work one-on-one with a dedicated career coach to find a job that’s right for you.
Once you’re making at least the minimum income threshold ($3,333.34 gross income per month, equivalent to $40,000 per year), make monthly payments equal to 10% of your gross monthly income until you reach the ISA payment cap, make 48 payments, or 96 months have passed since the end of your grace period. Whichever comes first.
ISAs are available in the following states
Our Income Share Agreement is available to qualified students in the following states: Alabama, Alaska, Arizona, Arkansas, Colorado, Connecticut, Delaware, Florida, Georgia, Hawaii, Idaho, Illinois, Indiana, Louisiana, Maine, Maryland, Michigan, Minnesota, Mississippi, Missouri, Montana, Nebraska, Nevada, New Hampshire, New Jersey, New York, North Carolina, North Dakota, Ohio, Oklahoma, Oregon, Pennsylvania, Rhode Island, South Dakota, Tennessee, Texas, Utah, Vermont, Virginia, Washington, Washington, D.C., and West Virginia.
ISAs are available for the following courses
Full-Time Online Software Engineering
Part-Time Online Software Engineering
Full-Time Online Data Science
Part-Time Online Data Science
Full-Time Online Cybersecurity Analytics
Part-Time Online Cybersecurity Analytics
Please note that if your state of residence is not listed under States Where ISAs are available, you will not be eligible for an ISA, even if your course of choice is listed above.
As we expand our ISA program, this page will be updated.
Terms & FAQs
The Flatiron School Income Share Agreement (ISA) aligns tuition payments with post-program income. You’ll make an initial payment upon enrolling at Flatiron School and agree to pay 10% of your monthly gross income once you leave Flatiron School and are earning at least $3,333.34/month (equivalent to $40,000/year). Following a grace period, you’ll make a maximum of up to 48 monthly payments over a maximum payment window of up to 96 months (8 years ) — but only when you’re earning at least the minimum income threshold. If you’re not earning at least the minimum income threshold, you’re not paying.
What’s the Flatiron School ISA?
The Flatiron School ISA is an income share agreement (ISA): a deferred tuition for qualifying students in which an amount is credited towards the student’s tuition in exchange for the student paying an agreed upon percentage of post-program income over a defined period of time. This does not remove the financial obligation of tuition, but rather ties it to post-program income once a student meets the minimum monthly income threshold.
Why are we offering this program?
Our goal in offering ISAs is to align education expenses with post-program income and to give students of all backgrounds the opportunity to attend Flatiron School, without worrying about income restrictions. Lastly, we want students to be able to focus on learning during their time at Flatiron School. This is us investing in your success.
We know every student’s situation is unique, which is why giving students a variety of options to pay for their education is our priority. In addition to the new Flatiron School ISA, we also offer student financing through Skills Fund and Climb, as well as numerous scholarships based on need, merit, and in support of increasing diversity in tech.
The Flatiron School ISA is currently available to qualified students attending our full-time and part-time online courses in the select states listed above, with more courses and locations to come. Additional eligibility requirements include being a U.S. citizen or permanent resident and being 18 years or older. Schedule a Q&A with our Admissions team to get more information on ISA eligibility.
How do payments work?
Students make an initial down payment upon enrolling in Flatiron School, which vary by course.
All students receive a grace period after leaving Flatiron School when no payments will be required. There is a three-month grace period after you leave the program before payments begin.
After the grace period ends, students will pay 10% of their monthly gross income if the student is earning a monthly gross income of at least $3,333.34 (equivalent to $40,000/year). Students will receive a monthly bill for this amount, and they can make their payments online, over the phone, or via mail.
Following the grace period, students have up to 96 months (8 years) to make the 48 required monthly payments. You won’t make a payment beyond the upfront payment unless you’re making at least $3,333.34 per month in gross income (equivalent to $40,000 per year). Students’ ISA balance is waived after 8 years if they did not earn at least the minimum monthly income threshold and therefore were not required to make 48 required payments. Payments are not required during months when students’ income is below the minimum income threshold.
There is a 1.5x payment cap, meaning students will never pay more than 1.5 times the Tuition Credit Amount under the ISA (plus the initial payment).
What happens if I withdraw from my Flatiron program?
If you withdraw from the program, you are still responsible for your ISA payments. You may be eligible for a refund under Flatiron's refund policy - if you receive a refund, we will reduce your total ISA amount by the refund amount and lower your payment cap to match, but the percentage of income that you’re required to pay if your monthly income meets the minimum threshold will remain at 10%.