Juno College of Technology—a Toronto-based coding school—is attempting to draw in those eager to learn after the COVID-19 outbreak. The institution is sensitive about people's financial situation as many lost their source of income during the pandemic. As a result, it is offering a Pay-What-You-Can Income Share Agreement (ISA) program. This is believed to be "the world's first ISA program of its kind."
The Pay-What-You-Can ISA will allow "a certain number of students per Juno cohort [...] to pay an upfront amount of their choosing and take an ISA for the remaining tuition." This amount of flexibility is, without a doubt, useful during this uncertain time. The Pay-What-You-Can ISA was first tested out last year for Juno College of Technology's Web Development Immersive Bootcamp. Students were able to pay a small amount upfront and pay the rest when they were graduated and earning a salary.
Image Credit: Juno College of Technology