Payment time: 10 years. Anything that is not paid thereafter will be taken into account by the university for the remaining ISA. In 2010, the department lifted the shelters, including the section that allowed the consolidation. In line with my discussions with companies such as Bisk, the Agency issued a memorandum in 2011 in which it provided some leeway for the continuation of OPMs for bundled services. In general, the communication indicates that it is forbidden to pay a contractor on the basis of the division of studies if the contractor is involved in recruitment. The note specifies, however, that the payment of tuition fees is not a problem if the school is independent of the contractor and the school sees a level of enrollment. The public debate on the Oregon plan has sparked renewed interest in equity-based funding models, including a major summit on The New America Foundation`s revenue engagement agreements and a strategy paper from the American Enterprise Institute. On April 9, 2014, Senator Marco Rubio announced the introduction of legislation in the U.S. Congress that would « expand » the use of income participation agreements.   [it is necessary to update] However, the fish has its reserves. « I`m the conservative type of CFOs, I was nervous and I see some risks, » he says, noting that revenue-participation agreements are still largely unregulated and it`s too early to say whether the model will work. But he embraces the experience. « We have successful graduates who make money, and if we collect them correctly, then everyone is a winner.
They get the jobs they want, and we will get the money back to use for future generations. Purdue University is a traditional 4-year university that offers both bachelor`s and postgraduate programs. Purdue offers an ISA program with limited funding that allows selected Sophomore students, juniors and seniors who need additional funds to complete their studies. Purdue proposed this program because they saw a gap in their funding opportunities for students who had exhausted their other sources of funding.  A participation contract (or ISA) is a financial structure in which a person or organization provides a recipient with something valuable (often a fixed amount of money) that, in return, agrees to repay a percentage of its income for a certain number of years.