Stride Funding made a significant shift in their loan offerings in the summer of 2024 by discontinuing their Income Share Loans (ISL) for student borrowers. They now exclusively provide Employer-Sponsored Loans, which connect students with employers willing to pay off their loans after graduation in exchange for a commitment to hire them.
Previously, Stride, operating as AlmaPact, was known for its innovative ISL program that assessed student loan eligibility based on future income potential rather than traditional credit scores. This unique approach allowed students to secure loans without needing a co-signer.
In 2022, Stride partnered with FinWise to expand their ISL program, offering funding to students pursuing higher education at various institutions, including universities, bootcamps, and certificate programs.
What’s Next?
To explore your loan options further, compare offers from multiple lenders to find the best fit for your financial needs. You can also use our refinance calculator to assess different lenders for refinancing your existing student loans.
Please note that the calculator assumes minimum monthly payments after refinancing.
For those considering student loan refinancing, compare lenders in different categories to find the most suitable option for your specific requirements.