Wednesday, 23 June 2021

TimesPro Launches ‘LEAP’ – An innovative Income Share Agreement for students


·         The aim to make professional education accessible to all

·         Phase I: Courses in Banking, Insurance, Logistics & Supply Chain Management

·         New Financing Option Provides flexibility to the student to pay a major part of the fees only after placement 

India  23rd June  2021: TimesPro, a part of Times Professional Learning (TPL), a market leader in Professional Education has launched LEAP (Learn, Earn and Pay), TPL’s new student friendly Income Share Agreement. LEAP will currently be offered on the Banking, Insurance, Logistics & Supply Chain Management courses offered by TimesPro. TPL will soon introduce more courses with partner universities to offer MBA programs with specialisations in BFSI & Supply Chain Management.

An Income Share Agreement will be signed between TimesPro & Student. As per the terms of the agreement, the student will have to pay only the Admission Fees upfront and the balance fees after getting a job placement. The student also has the option to pay the complete fees upfront, and get a refund of learning fees back if not placed. This gives confidence to students that the institute is going to work towards their 100% placement and if they do not get placed they get a good part of their fees back. If the student doesn’t get placed and gets refund it has no impact on his certification or the degree awarded. As most of the programs are being delivered Live online, students from across India can take admission in these programs.

Commenting on the same Anish Srikrishna, CEO Times Professional Learning Said, “TimesPro has conceptualised ‘LEAP’ as an innovative income share model to provide confidence and flexibility to students seeking to acquire the educational qualifications and skills required for first employment. As we remain focused on increasing access to high-quality education to all, we understand that these are financially trying times for many students leading to deferment and/or cancellation of their study plans. The ‘LEAP’ option enables students to enter our highly acclaimed career-oriented programs with a lower upfront investment and convenient instalments after employment. This is a pioneering effort by TimesPro to offer employability solutions for the young graduates of our country“

Times Professional Learning’s LEAP is available to students enrolling in batches beginning 1st May. The students have financing options available from NBFC’s as well as Banks and if a student pays their fee 100% upfront they will get a guaranteed refund of learning fees in case he/she doesn’t get placed.

About Times Professional Learning

Times Professional Learning (TPL) aims to revolutionize professional education in India.

An education initiative of the 182-year-old Times of India Group, TPL brings quality and purposeful learning to the door-step of the learner anywhere in the country. As a manifestation of this vision, TPL has partnered with some of the biggest names in education in India and the world, including IIMs, IITs, XLRI, Wharton, MIT, Michigan State University and University of Massachusetts, Amherst to fulfil the aspirations of learners looking for world-class education.

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