At Microverse, we want to make higher education more accessible to everyone, regardless of where they live. This is why, as a Microverse student, you won't pay a cent in upfront tuition. Instead, you will pay for our program using an Income Share Agreement (ISA).
An ISA is a contract where you commit to dedicate a fixed percentage of your salary to pay for the cost of our program once you get a job and start making a living as a software developer.
Through our ISA, you agree to pay 15% of the income that you earn as a software developer, but only if you are making over $1,000 a month, or $12,000 a year.
If for instance, upon graduating from Microverse, you get a job paying $30,000/year ($2,500/month) you will pay $375/month (or 15% of $2,500)
You start paying one month after you have started your job, and will continue doing so until you've reached the cap of $15,000.
You will not be required to pay that month if:
- Your income drops below $1,000 a month
- You are unemployed (but actively seeking for employment)
- You are enrolled (al least part-time) for a master's degree
- You are not able to work due to an illness or disability