Pay only after you’re hired
Only pay when you are in a job making above the income threshold. If you’re making less, payments pause.
Make payments as you earn
You’ll make fixed monthly payments for 24-60 months while you’re working. Payment is capped with no interest.
How much does it cost?
|IT Support||Data Analytics||Java Development|
You won’t pay unless your income is above this level.
|Number of payments||60||60||24|
This is the maximum you’d pay if your income stays
above the threshold for the entire contract length.
Your payment obligation is waived after this time
has passed – even if you’ve paid nothing.
|5 Years||5 Years||4 Years|
How does it work?
Apply to the program
Apply to the program and learn more. We provide Success Sharing education throughout the application process. If you’re accepted, you begin the “Foundations” phase, our trial period, to see if Merit America is right for you. You don’t sign anything at this point.
The “Immersions” phase of the program comes next, where most of the technical course content is taught. This phase lasts 10-20 weeks. Before entering this phase, you have to sign the Success Sharing Agreement.
Search for jobs
“Placement” begins after the technical learning is complete. During this 3-month phase you interview with our employer partners and search for jobs with your coach. Thirty days before the end of placement, you’ll get your first payment reminder.
Start your career
Once you’re in a job with a salary at or above the income threshold, you’ll start making set monthly payments. If you never land a job, you’ll never pay.