Lambda School is an online technical education program with an income share agreement (ISA) model in which students pay tuition only after acquiring a job.
Most schools make money regardless of whether or not their students succeed. Lambda School instead will cover the cost of your upfront tuition and you'll pay us back 17% of your income for two years once you're earning an annual income of $50,000 or more.? The Lambda School Income Share Agreement at a glance: - Lambda School covers your tuition until you're making at least $50,000 a year. There's no down payment. - Once you’re hired, you’ll start making monthly payments based on your income. If your annual income dips below $50,000 for any reason, payments are automatically paused. - Payments end once you’ve reached the $30,000 cap or your payment schedule ends – whichever comes first.