Student Loan ISA Agreement

STUDENT LOAN ISA AGREEMENT

This Income Share Agreement ("Agreement") is entered into on between:

Student Name:    Provider / Lender Name:

STUDENT INFORMATION

AGREEMENT SUMMARY AND DEFINITIONS

Advance Amount: Provider will advance to Student the principal amount of $ (the "Advance") to fund tuition and eligible educational expenses as set out below.

Income Share: Student agrees to pay of gross earned income to Provider as payment (the "Income Share"), subject to the Minimum Income Threshold and Payment Cap defined herein.

Payment Cap: Payments under this Agreement shall cease when Student has paid an amount equal to the Advance (the "Payment Cap"), unless earlier terminated as provided below.

TERMS OF REPAYMENT

Minimum Income Threshold: Payments will be triggered only after Student's gross annual income exceeds $. Income below that threshold is excluded from payment calculation for the applicable reporting period.

Payment Frequency: Student elects payment frequency (select applicable box). If multiple boxes are selected, Provider will confirm one frequency in writing prior to first payment.

Monthly    Quarterly    Annually

Payment Term: Payments under this Agreement will commence after any deferral period and continue until the earlier of: (a) the Payment Cap is reached; (b) the maximum term of months from the first payment; or (c) termination as permitted herein.

Deferral Period: Student is eligible for a deferral period of months following completion of studies or separation from the program, during which no payments are due subject to the Minimum Income Threshold and reporting requirements.

PAYMENT CALCULATION AND WITHHOLDING

Calculation: For each reporting period, Student shall remit an amount equal to the Income Share percentage multiplied by gross earned income for the period in excess of the Minimum Income Threshold.

Payroll Withholding Authorization: Student authorizes, where applicable, Employer payroll withholding in order to satisfy payments under this Agreement and agrees to execute any reasonable forms required by Employer or Provider to effectuate withholding.

Reporting: Student shall provide income verification on a basis or as requested by Provider. False or misleading income reports constitute a material breach of this Agreement.

EVENTS OF DEFAULT; REMEDIES

Events of Default include failure to timely provide required income verification, willful misrepresentation of income, failure to make required payments after applicable notice and cure periods, or bankruptcy as permitted by law. Upon an Event of Default Provider may pursue all available remedies at law or equity, including collection of amounts due, pursuit of contractual damages, and enforcement of any security interest if granted by Student.

Late Payment: Provider may assess a late fee not to exceed the lesser of $50 or 5% of the missed payment if a required payment is more than 30 days past due. Reasonable collection costs, including attorneys' fees, will be recoverable upon default.

EARLY TERMINATION AND REPAYMENT

Early Repayment: Student may prepay the balance at any time. If Student elects early repayment, Provider will calculate a pro rata settlement amount based on the outstanding Payment Cap and any accrued fees. Provider will provide a written payoff statement upon request within 10 business days.

REPRESENTATIONS, WARRANTIES AND COVENANTS

Student represents and warrants that all information provided to Provider is true and complete, that Student has the capacity to enter this Agreement, and that Student will promptly notify Provider of any material change in employment or contact information. Provider represents that it is authorized to extend the Advance and to enter into this Agreement.

DATA USE, PRIVACY AND CONSENT

Student consents to the collection, use, and limited disclosure of personal and income information necessary to administer payments and enforce this Agreement. Provider will maintain records consistent with applicable data protection laws and will not disclose Student information except to service providers, employers, or as required by law.

FEES, TAXES AND ADDITIONAL CHARGES

Student is responsible for any taxes resulting from benefits conferred under this Agreement, unless otherwise provided by applicable law. Any origination fee charged by Provider is: $

NOTICES

GOVERNING LAW; DISPUTE RESOLUTION

Governing Law: This Agreement shall be governed by and construed in accordance with the laws of without regard to conflict of law principles. Any disputes arising out of or related to this Agreement shall be resolved as set forth below.

ACKNOWLEDGMENTS AND CONSENT

By signing below, Student acknowledges receipt of a copy of this Agreement, affirms that Student has read and understands the material terms, and consents to the collection and use of information necessary to administer payments. Student also confirms that no oral promises or representations have been made that are not contained herein.

ADDITIONAL TERMS

Severability: If any provision of this Agreement is invalid or unenforceable, the remaining provisions will remain in full force and effect.

Entire Agreement: This Agreement constitutes the entire agreement between the parties with respect to the subject matter and supersedes all prior agreements and understandings, written or oral.

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