Income share agreement definition

Income share agreement means an agreement between a

Income share agreement means an agreement under which a

Income share agreement means an agreement between an individual and any other person under which the individual commits to pay a specified percentage of the individual's future income, for a specified period of time, in exchange for payments to or on behalf of the individual for postsecondary education, workforce development, or similar purposes.

Examples of Income share agreement in a sentence

• The university sets a higher ρS and the student responds to it by 0.8 1 0.95 0.75 0.9 Equilibrium stake Equilibrium stake 0.7 0.85 0.65 0.75 0.6 0.7 0.65 0.55 0.6 0 0.05 0.1 0.15 0.2 0.25 0.3 a 0.55 0.4 0.5 0.6 0.7 0.8 0.9 1 1.1 1.2 k Figure 4: Income share agreement: Equilibrium stake ρ and k (using a = 0 and δ = 1).

• Subsequently, the project will continue to yield an annual income of USD 3 to 8 million to the investor.32 Various Income share agreement projects increasingly have become clear with what they aim to achieve and the amount of money they seek to gain to make it clear for investors to invest and the amount of returns as well as knowledge for the participants in terms of the percentage of money they need to repay from their post-graduation income.

• The Income share agreement system allows the student to stop worrying and continually calculating his or her debt to the creditor.

• As discussed above Purdue’s Income share agreement is known as the Back a Boiler Program.

• As used in this Act: 7 "Income share agreement" means an agreement under which a 8 borrower commits to pay a percentage of his or her future 9 income in exchange for money, payments, or credits applied to 10 or on behalf of a borrower.

More Definitions of Income share agreement

Income share agreement. ’ means an agreement—

Income share agreement or "ISA" means an agreement

Income share agreement or “ISA” means a consumer credit transaction, as defined in

Income share agreement means a consumer credit transaction under which a consumer’s finance charge for the transaction is calculated based upon the amount of income that the consumer earns in the future. For income share agreements entered into in this state, the following rules apply.

Income share agreement or “ISA” means an agreement between a student and a school or an income share agreement provider under which the student agrees to make payments calculated based upon and determined by pay a percentage or amount of the student’s future income for the payment term, in exchange for the school or income share provider advancing, covering, crediting, deferring, or funding the cost of some or all of the student’s postsecondary education and costs of attendance at a postsecondary institution, including but not limited to tuition, fees, books and supplies, room and board, transportation, and miscellaneous personal expenses.

Income share agreement means an agreement between a participant and an eligible institution of higher education or an income share agreement provider approved by the State Treasurer in which the participant agrees to pay a percentage of the participant's future earnings for a fixed period in exchange for funds to pay for their post-secondary education.

Income share agreement means a consumer credit transaction under which the amount of the consumer’s repayment obligation for the transaction is calculated based upon the amount of the consumer’s future earnings.