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Pay It Forward (PIF) is an income share agreement that supports students by covering education costs upfront so you can focus on studying without financial pressure. After graduation, repayment only begins once you have a stable income, and you simply contribute a small, agreed percentage of your monthly earnings for a set period of time.

You may apply if you are 18 years or older, able to understand English, and in need of financial support to pursue or continue your education. All applications are subject to eligibility review.

PIF helps cover essential student expenses so you can focus on your studies. This includes academic costs like tuition, enrollment, program fees, and required learning materials, as well as everyday living expenses such as food, transportation, and basic personal needs. It may also support housing costs, including dorm fees, rent, or approved accommodation during your studies.

No. PIF is neither a traditional scholarship nor a loan. It provides upfront funding for your studies, and after graduation, you contribute a small percentage of your income for a set period once you start earning.

The application is free to submit and fully online. Just complete the form on our website to get started.

Before applying, please prepare the following: • Completed Application & Budget Form – Fill out all required details accurately and completely. • Valid ID (Student or Government ID) – Any official ID showing your full name (e.g., student ID, national ID, or passport). • Proof of Enrollment or Admission – An official document confirming you are currently enrolled in or accepted by your school. • Character Reference – A person who can vouch for your character and may be contacted during the review process (make sure they're informed and agree to be listed).

• Loan repayments to other institutions • Test prep courses (GRE, GMAT, LSAT, IELTS, TOEFL, etc.) • Conferences (unless required for graduation) • One-off personal expenses such as flights, visa fees, or health insurance

It usually takes around 2 weeks or more, depending on how complete your application is and how quickly each step is completed. After you apply, you may get an email within 1 day if we need any clarification. Once that’s done, you’ll go through a short interview and reference check. If approved, we’ll send your PIF contract for review and signing, then proceed with fund disbursement.

After receiving funding, you are expected to: • Stay enrolled and complete your studies as stated in your application • Keep your information updated, such as changes in school, funding sources, contact details, employment status, or other important life updates • Stay in touch with Waiser and respond when contacted • Start making contributions once you are employed, based on the agreed terms

Yes, you may still apply. However, eligibility depends on your specific situation and the terms of other funding you are receiving. You may be asked to disclose existing scholarships or grants during the application process.

PIF supports students who need financial assistance to continue their education. It is designed to reduce barriers to learning while maintaining a strong commitment to ethical, transparent, and student-centered support.

Eligibility is typically based on:
  • Financial need or demonstrated funding gap
  • Academic readiness and commitment to continue studies
  • Enrollment in a partner institution
  • Alignment with program values and completion goals
Each application is reviewed individually to ensure fairness and transparency.

Ethical responsibility is central to the program’s structure:
  • Students are only required to pay when they are earning
  • Terms are transparent and agreed upon before funding
  • Repayment adjusts with real income conditions
  • The model prioritizes access to education, not financial pressure

By removing upfront financial barriers, students can:
  • Continue their studies without interruption
  • Focus on academic performance instead of financial stress
  • Reduce dropout risk due to affordability gaps

Partner institutions gain:
  • Improved student retention rates
  • Higher student retention and graduation rates
  • Stronger enrollment continuity
  • Enhanced access to motivated students
This creates a sustainable education ecosystem benefiting both students and institutions.

PIF is built to improve retention rates by addressing one of the most common barriers to education: affordability. By supporting students consistently, institutions can see:
  • Removing immediate financial pressure
  • Encouraging completion of studies
  • Aligning student success with funding sustainability

Obligations depend on the specific funding structure, but generally the focus remains on:
  • Academic completion
  • Program engagement
  • Honest reporting of progress
There are no hidden requirements beyond agreed terms disclosed during onboarding.

Students can apply by completing our application form. Each application is carefully reviewed for eligibility and funding availability.

PIF supports students who face financial barriers in continuing their education. Funders help bridge tuition or academic cost gaps so students can remain enrolled and complete their studies without interruption.

Funds are allocated directly toward essential academic needs, which may include:
  • Tuition and enrollment fees
  • Learning materials and requirements
  • Institutional or program-related costs
Every allocation is carefully managed to ensure it directly supports educational continuity.

Transparency and accountability are central to the program. We implement:
  • Verified student eligibility screening
  • Direct institutional disbursement (where applicable)
  • Regular fund tracking and reporting
  • Clear documentation of fund usage
No funds are redirected to unrelated expenses.

Your support creates immediate, measurable outcomes:
  • Students remain enrolled instead of dropping out
  • Increased graduation rates for supported learners
  • Reduced financial stress for families
  • Stronger long-term community development through education
Each contribution helps preserve a student’s academic journey.

Students are evaluated based on:
  • Financial need
  • Academic standing and commitment
  • Risk of discontinuation due to funding gaps
Selection is handled through a structured review process to ensure fairness and impact.

Depending on the funding structure, funders may:
  • Support a general pool of students, or
  • Be matched to specific student cases or cohorts
This flexibility allows funders to engage in a way that aligns with their goals.

Funders receive structured updates such as:
  • Progress summaries
  • Impact reports
  • Student continuation status (where permitted)
  • Financial breakdowns of fund allocation
We prioritize clarity without compromising student privacy.

The PIF model is built on:
  • Ethical allocation of resources
  • High-impact education continuity
  • Long-term student success, not short-term aid
  • Community-driven funding support
It is designed not just to fund education, but to sustain it.

Funders can participate by:
  • Contributing to the general funding pool
  • Sponsoring student cohorts
  • Supporting specific academic programs (if available)
Each contribution directly supports ongoing education.

Even small financial gaps can cause students to pause or abandon their studies. Continued funding ensures:
  • Academic momentum is preserved
  • Students graduate on time
  • Investment in education produces lasting societal impact
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Quick Answers

Pay-It-Forward (PIF) is an income share agreement that covers your education costs upfront, so you can focus on studying without financial pressure. After graduation, contribution begins once you start earning, and you simply contribute a small, agreed percentage of your monthly income for a set period of time.

You may apply if you are 18 years or older, able to understand English, and in need of financial support to pursue or continue your education. All applications are subject to eligibility review.

PIF helps cover essential student expenses so you can focus on your studies. This includes academic costs like tuition, enrollment, program fees, and required learning materials, as well as everyday living expenses such as food, transportation, and basic personal needs. It may also support housing costs, including dorm fees, rent, or approved accommodation during your studies.

No. PIF is neither a traditional scholarship nor a loan. It provides upfront funding for your studies, and after graduation, you contribute a small percentage of your income for a set period once you start earning.

The application is free to submit and fully online. Just complete the form on our website to get started.

Before applying, please prepare the following: • Completed Application & Budget Form – Fill out all required details accurately and completely. • Valid ID (Student or Government ID) – Any official ID showing your full name (e.g., student ID, national ID, or passport). • Proof of Enrollment or Admission – An official document confirming you are currently enrolled in or accepted by your school. • Character Reference – A person who can vouch for your character and may be contacted during the review process (make sure they're informed and agree to be listed).

• Loan repayments to other institutions • Test prep courses (GRE, GMAT, LSAT, IELTS, TOEFL, etc.) • Conferences (unless required for graduation) • One-off personal expenses such as flights, visa fees, or health insurance
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FOR STUDENTS Takes about 30 seconds

Study now. Pay-It-Forward later.

PIF covers your tuition and living costs, so you can focus on finishing your studies.

  • ✓ Not a loan, scholarship, or grant
  • ✓ No interest, collateral, or guarantors
  • ✓ Contribute only once you're earning
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