Students can defer their tuition payment and only pay once they earn an income. Once employed in any position and any role, they will owe 17% of their monthly income so long as their gross income is at or above $3,333 per month (equivalent to $40,000 yearly income). There is no interest rate and no credit checks, if you don’t pay the full tuition amount by the 42nd month of payments, Holberton will forgive the rest of the tuition. If you earn less than the threshold or are unemployed, you may defer payments up to 2 years -- thereafter payments will be marked at a zero-dollar value towards the 42-month cap.
Articles in this section
- Do I have to pay my ISA if I am not a software engineer after studying at Holberton?
- Does the ISA apply to pre-tax income?
- What happens if I decide to leave the program during the Trial Period (30 days from day 0) and I signed the ISA?
- What happens if I leave my job, or my internship ends?
- What happens if I don’t have a salaried job? How do I pay?
- What happens if I decide to leave the program after the Trial Period and I paid upfront- How much do I owe?
- How does the ISA work?
- What are the eligible criteria to sign an ISA in the USA?