App Academy finances a portion of its ISAs, not all of them. Financing ISAs means that App Academy as a school takes out a loan using the ISAs as collateral, but still holds all of the risk of the ISAs. We still only succeed when students succeed and the tuition collection process when students are placed in software engineering jobs remains the same as noted in your enrollment agreement.
Our current plan is to finance a portion of our ISAs, not all of them. The decision of which ISAs to finance is based on cash flow needs, cohort and program type. We do not make decisions about individual ISAs.