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Leif (company)

Leif (company)

A education management company that facilitates the use of Income Share Agreements for students seeking higher education. It is located in New York City and was founded in 2016.

Leif is a New York-based company that has developed an income-based finance platform for those seeking to receive a higher-education and need assistance with financial planning.

Product

The company has an Income Share Agreement (ISA) platform that can be utilized by both schools and students. Schools are able to use the platform to implement and manager their own ISA. The platform also allows them access to solutions for financing their ISA and offers regulatory consulting so that the schools are up-to-date on financial regulatory guidelines.

Students can use the platform to finance their education through an ISA. Various educational institutions can work with students through Leif such as four-year universities and four-month coding bootcamps. They pay tuition once they have graduated and landed jobs that pay $40,000 a year or more. Students then pay 10% of that income for three years. Payments are adjusted according to the students' income and are not at risk for defaulting in case of unemployment.

Timeline

Funding Rounds

Patents

Further Resources

Title
Author
Link
Type
Date

Francis Larson on helping students | LinkedIn Next Wave

October 18, 2016

News

Title
Author
Date
Publisher
Description
Leif
June 14, 2021
www.prnewswire.com:443
/PRNewswire/ -- Pathrise today announced the expansion of its Income Share Agreement ("ISA") partnership with Leif. Pathrise will now have access to $50...
FinSMEs
May 20, 2021
FinSMEs
About | Advertise | Contact | Disclaimer | News | The Daily Deal Newsletter FinSMEs.com by FinSMEs is licensed under a Creative Commons Attribution-NonCommercial-NoDerivs 3.0 Unported License.
Leif O'Leary
May 19, 2021
Harvard Business Review
Five reasons they may go the way of the pension plan.
Leif
January 25, 2021
www.prnewswire.com:443
/PRNewswire/ -- Burlington Code Academy (BCA) today announced the close of $10mm in growth financing to drive the expansion of their Income Share Agreement...
Kingsland University
December 10, 2020
www.prnewswire.com:443
/PRNewswire/ -- Kingsland University, a leading organization that provides social impact through education, today announced that it has secured $20 million in...
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References

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