Your course made accessible to many more participants.

Monisa allows course creators to increase their revenue streams by proposing an alternative financing solution to future course participants at checkout, laying the ground for an aligned and mutual success.

Follow our launch ISA Simulator Learn more →

For independent course builders

You have created one or several courses? Online or in-person? Here are 3 advantages for you to offer Monisa as a financing solution.

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An additional option

Monisa adds to the 3 traditional payment options: 1) cash payment at registration, 2) with a loan, 3) with subsidies/training plans.

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A flexible option

You can adjust all parameters (Rate, duration, cap) to fit your specific course economics.

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A growth option

Your compensation depends on the success of the person taking your training, aligning your incentives.

How does this financing work?

ISA, or "Income Share Agreement". A proven model that incentivizes mutual success.

A proven model

Popularized by Lambda School in the US. Students pay $0 tuition until they get a job paying at least $50k/year, then pay a % of income for a fixed time.

Aligned Incentives

"ISAs not only allow the student to save money upfront, but they align the incentives of the school and the student." — Austen Allred

Solves Talent Shortage

By lowering the accessibility barrier to €0 at registration, ISAs open the door to talents who cannot afford to pay upfront.

The solution your course needs

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Increased accessibility for your course participants.
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More enrolled participants for course builders and providers.
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Alignment between course participants and course providers.

Workflow

Simple, transparent, end-to-end integration.

1

Create Account

You create a "Course builder/provider" account on Monisa and set your specific ISA parameters.

2

Add Button

You add your customized Monisa button on your course page at the checkout/payment stage.

3

Activation

At the end of the training, the ISA parameters are activated based on the participant's revenue.

Pricing

Your first 3 months are free

Basic

  • check_box 30 participating trainees
  • check_box Origination and creation of each participant's ISA
  • check_box 2 different ISAs
  • check_box Simple dashboard (past cashflows, estimation of future cashflows, analytics)
  • close Dedicated support by chat and phone
  • close Modification and editing of current ISAs
  • close Comparative studies and active monitoring of ISAs from other courses on Monisa
Follow our launch

Flexible

  • check_box 200 participating trainees
  • check_box Origination and creation of each participant's ISA
  • check_box 10 different ISAs
  • check_box Full dashboard (past cashflows, estimation of future cashflows, analytics)
  • check_box Dedicated support by chat and phone
  • check_box Modification and editing of current ISAs
  • check_box Comparative studies and active monitoring of ISAs from other courses on Monisa
Follow our launch

Let's talk ISA !

F.A.Q.

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What is an ISA?

ISAs or "Income Share Agreements" are contractual agreements that allow students and any course participant to attend educational programs without paying initial tuition fees, in exchange for an agreed percentage of their post-graduation income over a predefined number of periods (typically years).

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How is an ISA different from a loan?

Loans are repaid through fixed recurring payments (typically months), including interest based on a principal. ISAs are more flexible in their repayment terms and will adapt to participants' income conditions throughout the repayment period. Repayments for an ISA are based on a percentage of income rather than a fixed principal, so they should always be affordable. Additionally, ISA standards do not include interest rates that will increase the amount of unpaid payment over time.

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When do course participants make their repayment?

Course participants begin their repayments as soon as their income exceeds the income floor, after graduation.

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When does a participant's payment obligation end?

A participant's ISA will be completed if one of the following three is fulfilled: (i) repayments have reached the repayment cap (ii) the participant has made all monthly payments, regardless of the total payment amount (iii) the student has accumulated the maximum deferral and repayment months, regardless of the total payment amount.

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What is deferment and how does it work?

A participant's ISA will be suspended if they earn an income below their minimum salary or are unemployed. Once their income exceeds the salary floor, repayments resume.

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What is Monisa's position within the ISA?

Monisa serves as an ISA manager between schools and participating trainees. We provide schools and independent course providers/builders with the necessary infrastructure to create an ISA program while facilitating all ISA payments and customer support requests from their participating trainees.

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Are there any requirements to launch an ISA?

Schools, courses and programs of all audience sizes and disciplines can offer ISAs to their participating trainees. To learn more, contact our team directly.

Ready to simulate?

See how an ISA could work for your specific course pricing and duration.

Open ISA Simulator