Our ISA is an
investment in our students

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 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.

An ISA is a legally binding document. Scroll down to learn the five top things you need to know about the Masai ISA.

why i program with person teaching code

Choose Your Course

r-Program

(For Beginners)

Minimum-CTC ₹ 5 LPA

i-Program

(Prior coding skills required)

Minimum-CTC ₹ 8 LPA

1

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

  • 36
    Months paid

    You have paid 15% of your monthly income for 36 months.

  • 3,00,000 Lakh paid

    You have reached the maximum payment amount of ₹ 3,00,000 (Including 18% GST)

  • 1
    year unemployed

    If you did not find a qualifying job in tech for one year after graduation from masai school

2

Your ISA is paused if your annual income drop below 5LPA

3

Total Payment you will pay under the ISA Payment options in various earning scenarios

4

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.

5

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.

Frequently Asked Questions

Important Note: The FAQs below explains certain tuition and ISA features and terms, but do not override any terms in the Income Share Agreement (ISA) itself. Students should read their enrollment agreement and ISA contract(s) carefully to understand their terms.

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.

r-Program

isa duration i-program
i-Program

isa duration i-program

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 (r-program) or 8LPA (i-program) 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 (for r-program) or 8LPA (for i-program), 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 (r-program) and 8 LPA (i-program), your payment will not start. Your payment will only start if you get a job > 5LPA (r-program) or 8LPA (i-program) 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.

Yes, as we are going to invest in your learning we will need a security collateral from your end to cover any risks. For this purpose, you will have to give us three undated Bank Account Cheques of ₹ 50,000 each from your account. We won’t encash it but we will have the right to use this cheque in case of any breach of Income share agreement or course fees agreement from your end.

Our ISA payment collection is done through our NBFC (Non-Banking Financial Company) partners. When you get a job, as per the ISA conditions, our assigned NBFC partner will grant you a zero-interest capital equal to the ISA amount which you can pay in EMIs of 36 months. This provision is subjected to your credit score and final approval by Masai team.

ISA Breach Recovery Cheque Rs. 50,000 x 3 cheques from students account to submit along with their ISA. This cheque is in the name of our company. This cheque does not have any date written on it. These cheques will be returned after the ISA period.
This cheque will be executed only in the case a student breaches the ISA or course fees agreement.

1

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

  • 36
    Months paid

    You have paid 15% of your monthly income for 36 months.

  • 3,00,000 Lakh paid

    You have reached the maximum payment amount of ₹ 3,00,000 (Including 18% GST)

  • 1
    year unemployed

    If you did not find a qualifying job in tech for one year after graduation from masai school

2

Your ISA is paused if your annual income drop below 8LPA

3

Total Payment you will pay under the ISA Payment options in various earning scenarios

4

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.

5

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.

Frequently Asked Questions

Important Note: The FAQs below explains certain tuition and ISA features and terms, but do not override any terms in the Income Share Agreement (ISA) itself. Students should read their enrollment agreement and ISA contract(s) carefully to understand their terms.

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.

r-Program

isa duration i-program
i-Program

isa duration i-program

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 (r-program) or 8LPA (i-program) 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 (for r-program) or 8LPA (for i-program), 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 (r-program) and 8 LPA (i-program), your payment will not start. Your payment will only start if you get a job > 5LPA (r-program) or 8LPA (i-program) 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.

Yes, as we are going to invest in your learning we will need a security collateral from your end to cover any risks. For this purpose, you will have to give us three undated Bank Account Cheques of ₹ 50,000 each from your account. We won’t encash it but we will have the right to use this cheque in case of any breach of Income share agreement or course fees agreement from your end.

Our ISA payment collection is done through our NBFC (Non-Banking Financial Company) partners. When you get a job, as per the ISA conditions, our assigned NBFC partner will grant you a zero-interest capital equal to the ISA amount which you can pay in EMIs of 36 months. This provision is subjected to your credit score and final approval by Masai team.

ISA Breach Recovery Cheque Rs. 50,000 x 3 cheques from students account to submit along with their ISA. This cheque is in the name of our company. This cheque does not have any date written on it. These cheques will be returned after the ISA period.
This cheque will be executed only in the case a student breaches the ISA or course fees agreement.