We created a model that places students first. With Skills Fund, expect underwriting and loan terms that do not penalize your educational or employment background, and disclose all loan details before you start your loan application.
This means no teaser rates, no odd cosigner incentives, and no hooks around a model that appears student first at initial glance but instead will cost you significantly more in the long-term.
Another important benefit to our model is your improved credit health. Part of becoming a productive and well-paid adult is being able to make payments, build your credit score, and invest properly.
When you take out a Skills Fund loan, it's about more than borrowing money. When you make on-time payments, you benefit from building your credit score, which allows you to pay less to borrow money in the future.
Everything we do at Skills Fund is students first. So, take a step back, and put ISAs into context: are they in your best interest or the school's? It's as simple as this - the school benefits from your salary long after your graduation.
Skills Fund doesn't offer ISAs because there is no clear way to empower the student directly, and we believe our model can provide short- and long-term benefits that an ISA cannot.
We've created a product that doesn't change based on the job you get or the salary you receive, nor discriminate based upon where you are today in life. No matter what, you're getting the same interest rate, general APR, and loan terms as all other students in your program.
To learn more about the value of a Skills Fund partnership, click here.