How our Income Share Agreement can kick-start your career.

No funds to study?We will train you in the exciting and lucrative career of Full-Stack Developer, and you do not have to make that initial investme

What is an income share agreement?

  • An income share agreement (ISA) is a financial contract where a person agrees to pay a portion of their future income to a lender in exchange for funds or services now.
  • The lender gets a share of the borrower's income until a predetermined amount is reached or a specified period has passed.
  • The borrower pays a percentage of their income instead of paying a fixed amount of interest.


  • Code College Income Share Agreement

    Case Study

    Here is the story of Xolani, a 2014 Matriculant who enrolled on our Java Bootcamp in 2015:
    He is currently our highest-earning alumnus to date, earning a six-figure annual income as a Full-Stack Java Developer at a well-known bank in South Africa.
    Since our inception, Code College offered study bursaries to students with potential and without a sponsor.
    Xolani applied for such an opportunity as he was only reliant on his mother who was a domestic worker at the time. Her employers paid for his school fees and he was an above-average matriculant, passing with a University exemption
    He did not really want to pursue the university option even if he qualified for a SASSA loan, as he felt it will take too long for him to start earning and he was keen to get employed in software development. (Read Coding Bootcamp vs. University Degree)
    We invited him for an interview and aptitude test which he passed with flying colours so we decided to offer him the option to study now and only pay back when he finds employment
    As we expected, he was one of the top students in the class. He was also one of the first students to get a job. He quickly started paying back his studies. We always kept in touch and he stayed involved as a Code College ambassador, student advisor and mentor which can be seen in some of our videos. We did not expect him to pay anything during patches of unemployment in his career
    We tracked his career growth with great interest - he proudly showed us his job contract when he broke through six-figure earnings per annum, 5 years after completing his Java Bootcamp.

    How to apply for our income share agreement?

    If you have completed Matric recently with a minimum average in all your subjects, (Maths is a plus, but not a requirement if the other subjects were good) - please send us your academic results
    We will then invite you for an interview and an aptitude test
    Based upon the outcome of these, you may be offered the Income Share Agreement.

    What are the chances of finding employment after completing our studies?

    We would not be offering this kind of agreement if we were not confident that you will find employment
    If you do not find employment, we also loose and we are in business to create win-win solutions.

    Success Stories

    We have changed many lives from unemployed to employed, facilitated career changes and improved existing careers
    We have many students that can testify and we are very proud of it
    Here are some video testimonials: