A student loan in which students receive money to fund their education or training. Students agree via a contract agreement to pay the ISA provider a fixed percentage of their income for a set period of time after they finish school and pass a specific income threshold. They may repay more or less than the amount received, depending on the agreement's terms. If the student later loses his/her job, the terms typically permit the individual to stop making payments. Although ISA providers often advertise their products as an alternative to loans, the Consumer Financial Protection Bureau (a federal regulatory agency) has found that ISAs are student loans.