What is an ISA?

We offer an Income Share Agreement option to help make launching your new career more accessible.

ISAs at a glance

5e46e4af75c8ca0da27f831e_lambda_isa_asset_1

Pay no tuition until you land a high-paying job

iCode covers your tuition costs until you're making at least AED 75,000 a year. There's no downpayment.

5e46e50c75c8ca767a7f85ca_lambda_isa_asset_2

Monthly payments are based on what you earn

When you do land a job, you'll start to make monthly payments based on a percentage of your income.

5e46e5be160830fe43f2d7f7_lambda_isa_asset_3

Stop paying once you've reached the cap

You're 100% free from any obligation to us once you've reached the cap or the payment schedule ends.

ISAs are only available for residents. Learn more

Your ISA is complete when any one of the following occurs:

1

You’ve completed 24 payments to us.

2

You’ve paid a total of AED 15,000.

3

You’ve accumulated 60 months of deferred monthly payments, even if you’ve paid us nothing.

Let's look at the numbers

AED 75K

The ISA only kicks in once you’re making at least AED 75k.

10%

You’ll pay 10% of your income for 24 months.

AED 15K

Regardless of how high your salary gets, you will never pay more than AED 15K.

AED 0

If you stop earning income, your ISA pauses. There’s no interest.

4 yrs

Your ISA expires after you’ve accumulated five years of deferred monthly payments, even if you’ve paid nothing.

AED 15K

You can choose to pay AED 15K upfront for tuition instead of doing an ISA.

Our ISA is an investment
in you

iCode only makes money if you land a job making AED 75,000 or more, and if not—we make nothing. And once you complete the payment period or reach the payment cap, you are 100% free from any financial obligation to us.