Pay after placement, often known as PAP, is a no-fee, no-interest alternative to student loans. Once a student is placed, they pay a percentage of their monthly paycheck to cover the cost of the education programme for a specified period of time, which varies per organisation. The overarching goal is to remove all constraints on student achievement. Income Sharing Agreement An is a unique financial structure arrangement in which an individual or organisation provides something of value - training or a loan - to a recipient who, in exchange, agrees to repay by sharing a certain percentage of their income for a set period or until the agreed loan is repaid. All PAP courses use ISA to recuperate their fees for offering education to candidates.
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