Income Share Agreement

An ISA is a legally binding document. It is a financial contract in which you receive money for your education. In return, you promise to pay Elevate as the ISA provider a fixed percentage of your post-programme income for a set amount of time.

Our Income Share Agreement (ISA) is a way to pay your Elevate tuition, thus allowing us to make education accessible to all.


Start your repayments once you make RM2,500 in gross monthly income.

You will owe Elevate 15% of your monthly income until you reach the cap or the terms of your ISA expire. You will not be required to make ISA payments during months in which your income was below RM2,500.


You continue to make monthly payments toward your ISA until one of the following happens:

  1. You have paid 15% of your monthly income for 36 months.
  2. You have reached the maximum payment amount of (ISA amount x 1.5):
    • RM15,000 for Full Stack Software Development (FSSD);
  3. You did not make over RM2,500/month or did not have a qualifying job, and therefore ‘deferred’ your monthly payments for a total of 60 months.
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