PRF Back a Boiler - ISA Fund (Income Share Agreement)

 

Back a Boiler – Income Share Agreements

The Purdue Moves initiative, Back a Boiler-ISA Fund, is available to assist undergraduate students with costs associated with a Purdue-sponsored study abroad.

As part of the Purdue Moves initiative, the Purdue Research Foundation is offering a unique funding program called Back a Boiler –ISA Fund. It’s not a grant or a traditional loan –though students do make payments after graduating and securing employment.

An Income Share Agreement (ISA) is a contract in which a student receives education funding in exchange for a commitment to pay an agreed upon percentage of his or her post-graduate income for a fixed number of years. This program offers a new alternative to Parent PLUS or private loans and is an opportunity to complete an education without worrying about interest rates.

Eligibility

  • Enrollment on a full-time basis at the Purdue West Lafayette campus
  • Rising Sophomore, Junior or Senior.

  • Must be participating in a credit bearing approved study abroad program through Purdue University.

  • Must be a U.S. Citizen or Permanent Resident

  • Must be making satisfactory academic progress (SAP) toward a degree as defined by Purdue University

  • Must have a declared major (i.e. may not be a first-year engineering or in exploratory Studies)

For more information, visit our website at https://www.purdue.edu/backaboiler or email questions to BackaBoilerInfo@prf.org

 

Alternatively contact Ms. Mary-Claire Cartwright, Vice President - Information Technology & Back a Boiler Program Manager, Purdue Research Foundation

phone: 765-588-1052    email:  MCCartwright@prf.org

 

Scholarship Type: Other Sources

Complete list of study abroad scholarships

Purdue University, 610 Purdue Mall, West Lafayette, IN 47907, (765) 494-4600

© 2015 Purdue University | An equal access/equal opportunity university | Copyright Complaints | Maintained by Study Abroad

Trouble with this page? Disability-related accessibility issue? Please contact Study Abroad studyabroad@purdue.edu.