until you land a high-paying job
We’ll invest in you and cover your tuition costs up-front. You’ll only begin re-paying tuition once you land a job paying over £27,000
We’ll invest in you and cover your tuition costs up-front. You’ll only begin re-paying tuition once you land a job paying over £27,000
ISAs are not classed as personal debt. They always stay affordable, and re-payments are paused if your income drops below £27,000.
You’ll never pay back more than 2x the optional up-front tuition fee. That’s a cap of £18,000 as it stands right now.
You’ll only begin re-payments when you earn more than £27k
You’ll pay back 15% of you monthly income. Always affordable
You’ll make 36 instalments and then that’s it
You’ll never pay back more than £18,000, which is 2x the optional up-front fee of £9,000
You can pay tuition up-front instead of opting for the ISA. The optional one-off up-front cost is £9,000
If you don’t make 36 instalments within 6 years, your ISA is wiped off
An income share agreement (ISA) is a financial structure where the education provider provides tuition to their learners with no up-front costs. The learner, in exchange, agrees to pay back a percentage of their income for a fixed period of time.
At Capslock, learners enrol with no up-front costs and receive career-changing education lasting 16 weeks (or more).
In exchange, learners agree to pay back 15% of their monthly income for 36 months.
To protect the learner, re-payments only begin once the learner lands a job paying over £27,000.
Re-payments will always be capped at 2x the up-front tuition fee. This means learners will never pay more than £19,000 over their ISA's lifetime.
ISAs allow learners to enrol with no up-front costs, removing one of the major barriers to career-changing education.
The learner has the opportunity to change their career and leverage the higher earnings of a career in cyber security or tech.
At Capslock you can pay in three ways;
Income share agreement
No up-front costs, re-pay 15% of you monthly income for 36 months.
Student Loan
A traditional student loan arrangement. A personal loan where re-payments are set in stone. Like car finance loans, but instead of receiving a car, you receive education.
Pay up-front
Simply pay for your tuition fees up-front. The tuition fees at Capslock start from £9,500.