Masai School was founded on the belief that, while potential is evenly distributed across society,
opportunity is not. Our Income Share Agreement (ISA) allows us to provide an education that is usually
very expensive for no upfront cost, without debt, loans, nor interest. Plus, as you make payments toward
your ISA after graduation, you’re helping to fund the Masai experience for the next cohort of students.
How our ISA works?
You must continue to make
monthly payments toward your ISA until one of the following happens:
You have paid 15% (Plus GST@ 18% ) of your monthly income for 36 months.
You have reached the maximum payment amount of ₹ 3,00,000 (Including 18% GST)
If you did not find a qualifying job in tech for one year after "graduating" from masai school.
Your ISA is paused if your
annual income drop below 5LPA
You pay towards your ISA only when your
income is more than ₹5,00,000 per year (₹41,667 per month). If it drops below 5LPA, then your ISA
will be paused.
Payment that you will make
towards your ISA in various earning scenarios
This calculator will show how ISA monthly
payments work based on different possible annual incomes you may have. For more information on the
Masai School ISA please see our FAQs.
Income Share Percentage
(Plus GST@ 18%)
(Including 18% GST)
Potential Monthly Salary:
₹ / month
Potential Yearly Salary:
₹ / year
If you decide that Masai school
is not for you, you can withdraw within the first unit with no penalties or obligations.
If you decide to drop out in unit 2-6, following would be the liability.
No payment towards the ISA, if you decide to
withdraw in Unit 1.
You will be responsible for 100% of the ISA amount if you withdraw in Unit-5 or after.
You are required to report
any changes in your income as per the ISA to Masai school
Your Monthly Salary Slip
Your Annual ITR (Income tax return)
Every time your income increases or decreases.
An ISA is a way to pay your Masai School tuition. A Masai School ISA is a contract under which you agree to pay 15% of your post-Masai School salary for 36 months, but only once you're making more than the ISA threshold salary level (depending on the program you chose). The ISA is capped at a maximum repayment of ₹ 3 Lakhs (Including 18% GST), so you won’t pay more than ₹ 3 Lakhs under any circumstances.
This is our way of investing in you. We select students we believe will be successful, and cover your tuition until you're in a financial position to pay us back.
Masai School tuition is ₹ 3 Lakhs (Including 18% GST). If you do not land a high paying job, you do not pay Masai School anything. If you land a high-paying job, the most you will pay is ₹ 3 Lakhs (Including 18% GST).
After you reach the payment cap or complete your 36 monthly payment, you are free of obligation under the ISA.
Below is a chart illustrating the total amount you will pay under the ISA payment option in various earning scenarios.
Yes, ofcourse. As you go through our admission process, a copy of the same will be made available to you at the end.
It will come into action once you get placed with a more than 5LPA job within 1 yrs after completion of the course.
The Masai School ISA has built-in protection for financial hardship. If you lose your job or should your income drop below 5LPA, your payments will automatically be paused after you’ve reported the change.
In the rare case that you don't get a job of Rs. 5 LPA, your payment will not start. Your payment will only start if you get a job > 5LPA within 1 year of completing the course.
ISAs are not loans so they have no interest.
As per the ISA, you will be legally bound to furnish all the documents relevant to your Income such as Offer Letter, Salary Slips, Income Tax Returns, Bank Statements etc.
Our ISA payment collection is done through our NBFC (Non-Banking Financial Company) partners. Upon clearing your unit 1 evaluation, i.e. at the end of 4 weeks from the course start date, you would be required to complete the NBFC documentation.
Our assigned NBFC partner will approve you a zero interest capital equal to the ISA amount which you can pay in EMIs of 36 months. The EMI’s (equated monthly installment) would start only after the completion of the course and you have successfully secured an offer letter above the threshold amount of Rs 5,00,000 (Five Lakhs rupees only) CTC