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STUDENTS

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You’re ready to take the next step in your career. We’re here to help you make that happen.

Accelerate Indiana helps fund certified training programs that:

  • Boost your job qualifications rapidly
  • Increase your salary
  • Help you become a part of Indiana’s future economy

Your Success is Our Priority

Students can earn potential academic credit while also attaining a high-value certificate, credential, or license in no more than six months. Qualified Education Programs have a six-month job placement rate of at least 75%, and graduates experience an average wage increase of 20% in the same period of time.

Our partner programs provide training for high-wage, high-demand jobs of the future. They focus on advanced manufacturing, building & construction, health & life sciences, information technology & business services, or transportation & logistics.

To be eligible, students must:

  • Be enrolled in an Accelerate Indiana-certified Qualified Education Program
  • Not be using the Workforce Ready Grant currently
  • Be 18 years of age or older
  • Be a resident of Indiana and a U.S. citizen and/or eligible resident

Accelerate Indiana is an Income Share Agreement (ISA). This means you’ll pay the program back with no interest, after getting a job with your new skills.

Award Amount

  • Minimum amount: $1,000
  • Maximum amount: $7,500
  • The award is distributed directly to the training program
    • 70% at the beginning
    • 30% upon graduation

Income Share Agreement (ISA) Details

  • No interest
  • No fees
  • Payments are set at 5% of monthly income
    • No payment is owed if you are earning less than before enrollment, or less than $42,500/year
  • The repayment term begins 6 months after graduation (or course separation)
  • Maximum repayment term of 84 months
    • Nothing extends the repayment term
    • Any outstanding obligation will be forgiven at the expiration of repayment term
  • Forbearance protections are provided for economic hardship, military service, disability, and disaster
  • Staying in Indiana for the first 36 months of the repayment term results in a 5% credit toward your remaining obligation