Study Now Pay Later (SNPL)
The most student-friendly payment method imaginable!
You can begin your degree program at ALT+U without making any payments. Thanks to our Study Now, Pay Later Model, you can start paying your tuition $500 a month after graduation and getting a high-paid job. Amount will be adjusted base on the affordability index.
RULE 1: Pay only when you are in a position to do so.
When you earn at least $30,000 per year ($2,500 per month), you can start paying your tuition in tiny monthly installments of $500. During months when your income is less than $2,500, you will not be required to make SNPL payments.
RULE 2: Inform us
If your income changes, you'll be the first to know.
You must send a pay stub, a statement from your employer, or a contractual agreement declaring your income to Contech upon graduation, withdrawal from Contech, or being withdrawn, or starting a new employment (qualifying or not). This must be done on a regular basis, including: – no later than five days after starting your new employment – every time your salary rises or falls – every 30 days, even if your job is not in the tech industry
RULE: 3 No interest
There will be no interest or additional fees.
You simply have to pay the total amount of your SNPL. We do not impose any additional fees or interest rates. You are done with SNPL after your tuition repayments are fulfilled.