A concrete solution to democratize access to education for the professions of tomorrow
This scheme, the only one of its kind in France, complements a series of measures put in place by aivancity to promote diversity and equitable access to its programs (tuition-free scholarships, responsible work-study programs), enabling students to finance all tuition fees (or the remainder) without having to pay in advance.
Once employed, students agree to pay a monthly fee, calculated on the basis of their monthly salary, up to a ceiling or period defined with Umanity. This innovative mechanism aligns the interests of the learner, the school and the funding organization around a common goal: the professional success of each learner.
Simple, transparent and secure operation
The scheme is based on an Income Share Agreement (ISA), designed to offer a flexible, fair solution with no up-front costs for students, based on each learner’s potential for future success, rather than current social status, collateral or assets.
The student applies for an aivancity program and identifies a need for total or additional financing. The application is evaluated by CCCLX and Umanity, and approved by mutual agreement. Once financing has been approved, Umanity pays the tuition fees directly to the school. The learner only starts to pay the fee once he or she has reached a certain level of income, thus ensuring financial security and peace of mind.
CCCLX contributes to the financial cost of the operation in a spirit of sharing in the efforts and successes of their students.
An alliance for social impact
This partnership embodies the shared mission of aivancity/CCCLX and Umanity: to give everyone, whatever their background, the means to invest in their future. In particular, this initiative aims to remove the financial barriers for people who are sometimes excluded from excellent training, while promoting their access to promising, better-paid and more sustainable careers.
“This partnership with Umanity opens up new prospects for our students and gives concrete expression to our commitment to inclusive, impact-oriented education,” says Tawhid CHTIOUI, President and Founder of aivancity.
Nicolas Goilav, founder & CEO of Umanity, adds: “The partnership with aivancity and the launch of CCCLX, the 360° IT school, represent a concrete step forward in democratizing access to the skills of tomorrow and making the jobs of the future accessible to all.”