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Meratas at Lendit Fintech 2022

Posted on May 13, 2022 by Anna Klawitter

And our platform provides the full-service solution to this rising problem.

With an average annual growth rate of nearly 25%, the financial technology industry is among the fastest-growing worldwide. The latest fintech statistics suggest that the sector should hit a value of almost $310 billion by 2022 if this positive trend continues. 

In a couple of weeks, the Meratas team will join some of the biggest names in fintech at the Lendit Fintech conference, which brings together leaders in Fintech for a multi-day summit on the future of financial technology.  We will be LIVE & in 4K 👀 in New York on May 25 – 26th! 

 The keynote stage features Christ Britt, co-founder and CEO of Chime, and Dave Girouard, co-founder & CEO of Upstart, among others.

We’ll be exploring the complexities of our rapidly changing world through insightful sessions focused on the most critical trends in fintech and lending technology.  

We’re the multi-tenant platform to originate and service ISAs and other incentive-aligned tuition programs. 

Our configurable, Learn Now Pay Later platform is provided to institutions within a consumer-facing cloud application that streamlines the end-to-end process of originating and servicing a loan.

We’re excited to join some of the biggest names in Fintech at the Lendit Fintech Conference.  

As a leading provider of flexible financing solutions, we’re looking forward to sharing our insights with the Lendit community and connecting with other like-minded individuals shaping the future of finance. 

Like much of the economy today, financial services are experiencing a rapid upheaval. We are seeing a multi-decade transformation where fintech will take center stage as everything becomes digital. We’re excited to join the leaders in the space to discuss and share insights at LendIt Fintech Digital and join the community for in-depth learning from others.  

Now more than ever, strategies to reach students where they are and give them the confidence and knowledge to succeed in their journey are essential. 

There’s never been a better and more exciting time to be in financing services. If you’re attending the conference, schedule a meeting through this link with our team Darius Goldman, Paul Dhaliwal, and Cole Reynolds at Meratas.

Looking forward to seeing you there!

Posted under: News and Updates, School Resources

Benefits of Learn Now Pay Later For Certification Programs

Posted on May 10, 2022 by Anna Klawitter

Educational programs, schools, and boot camps alike are beginning to incorporate Learn Now Pay Later (LNPL) into their financial offerings, but what about certification programs?  

First Off, What is a Certification Program? 

Typically, certificate programs prepare students to work in a specialized trade or update their professional skills. Certification programs can range from welding to nursing to even some coding programs. 

They can also vary based on what experience level they’re designed for, from total novices to employee upskilling programs. Most certificates can be earned in less than a year – some in as short as a few weeks. Because they take less time to complete, they also cost a lot less than earning a degree for students.

But how exactly does offering Learn Now Pay Later at your Certification Program help you? 

They open access to more students

Even programs that begin at more accessible price points can often be too large a barrier for many students. As a result, more and more students choose to forgo upskilling or finding a new career due to financial limitations.

Many students want to upskill and get the tools needed to start a new career, but they need more options to pay for their program.

Students are met with more financial barriers each semester, causing too much friction between them and higher ed success, forcing students to end their journey earlier and more often than they otherwise would. 

By offering LNPL-style tuition solutions at your school, students have the opportunity to take classes when they otherwise wouldn’t. 

They provide a consistent way to fund your program 

Many students cannot pay the total price of an education program up front and need different financing options. 

However, many certification programs do not qualify for Title 4 funding meaning their students are usually limited in how they can pay for a program, oftentimes turning to private loans.

LNPL provides certification programs with a consistent, yet student-friendly way to offer different financing options to their students. Offering payment plans like a Pay-in-4 or Fixed payment plan gives your students a more flexible way to pay while also providing your institution with consistent funding.

In addition, LNPL (through tools like Meratas) also offers a variety of other repayment options that can be tailored to the needs of students. For example, some students may want to make larger payments to pay off their program faster, while others may need to spread their payments over an extended period.

Overall, LNPL provides certification programs with a flexible and manageable way to provide financing to their students.

They signal the value of your program to prospective students


The number one thing we’ve identified as a barrier to increasing enrollment is too few payment options for students. Offering multiple payment options not only provides your students with more options to pay for their training, but it also shows the value of your program against others that are less flexible.

Most schools are solely focused on building strong student success teams, investing in their student experience, and improving student outcomes. 

While it makes sense to invest in these things, schools aren’t seeing increases in enrollment with these changes. Enrollment is still declining, and students are dropping out of their programs even more consistently. More than 1 million fewer students are in college.  According to new data released in January of 2022, U.S. colleges and universities saw a drop of nearly 500,000 undergraduate students in the fall of 2021, continuing a historic decline that began the previous fall.

While student experience is an unquestionably important pillar of any institution’s overall growth strategy and should be invested in, they need more than that. 

LNPL programs allow certification programs to control their future and help them hit enrollment goals while also improving retention and signaling the value of their course to students.

They make employer partnerships easier 


For programs that are designed with employee up-skilling in mind, LNPL options make it easier to establish employer partnerships.  

These kinds of partnerships can provide great returns for these institutions. By offering LNPL options for the employer to finance their employees’ upskilling program, employers can spread the cost of upskilling out over time, which is a massive value add for your institution that many other upskilling programs wouldn’t be able to otherwise offer. 

The best way to attract new students is by offering them options to pay for upskilling their careers in your certification program. If you’re ready to begin offering your own LNPL financing options and fill empty seats at your program, you need Meratas. Meratas is an all-in-one, cloud-based platform to originate and service Learn Now, Pay Later style tuition programs. If you want to learn more, check out our partner’s page for more information or schedule a meeting with a member of our team.  Check out our Partners page to learn more! 

Posted under: School Resources

Shift Summit 2022 Key Takeaways

Posted on April 6, 2022 by Darius Goldman

My team and I were at Shift Summit to discuss “Shifting the Student Experience” within institutions. Financial barriers are the leading reason students do not pursue or complete their degrees. 

At Shift Summit, we were able to explore new ideas and solutions to create an ideal student experience through Student Financial Success. As well as learn how to surpass strategic enrollment, retention, diversity, and graduation goals. At Shift Summit, my team and I joined other leaders in enrollment, recruitment, financial aid, diversity, and student affairs to explore solutions to these financial barriers. We were able to pull some great perspectives from others that helped us to feel strong about our mission as a company.

If you couldn’t make it to this year’s conference, or you attended but couldn’t clone yourself and be present at the multiple breakout sessions, here are some of our key takeaways.

1. You Need More Than A Strong Student Experience

A strong student experience is integral to your program. It will help students go through your program effectively, and in a way, they’ll enjoy and find valuable. 

That being said, we learned that a strong student experience and success is not enough. Most schools are solely focused on building strong student success teams, investing in their student experience, and improving student outcomes. 

While it makes sense to invest in these things, schools aren’t seeing massive ROI with these changes. Enrollment is still declining, and students are dropping out of their programs even more consistently.

While student experience is an unquestionably important pillar of any institution’s overall growth strategy and should be invested in, they need more than that. 

2. You Could Have the Best Education Program in the World, But Financing Determines Your Success

More and more students choose to forgo their college careers or end their higher education journey due to financial limitations.

These barriers happen at the beginning of the journey, during enrollment, and at various points that affect retention. Many institutions may think that once a student is enrolled and has their first round of tuition covered, that’s it. But the issue goes beyond that.

Students are met with more financial barriers each semester, causing too much friction between them and higher ed success. This forces them to end their student journey earlier and more often than they otherwise would. 

3. The Answer is a Better Financial Journey

In the same way, schools and institutions are investing in their student experience, they have to support their students in their financial journey too.

Students don’t just want better options; they want more of them. 

They might want to make a few upfront payments and then spread out the rest of the cost over time or link their tuition repayment to their income. They want more options that fit them and their needs. Choices that will meet them where they’re at and give them the flexibility to pay on their terms.

A strong student experience is essential, but it won’t give you a strong ROI without an equally strong student finance experience. Schools being more involved in their student’s financial journey by offering more payment options is essential. A better financial journey is what will open more doors, invite more students in, and help improve their long-term retention. Without it, not only will students continue to face the financial barriers they’ve been facing for while now, they will also be less likely to stick to their programs and see them through. 

Students need a better higher ed finance experience. Shift Summit helped me realize that even more people share our mission of making education more accessible through more and better student tuition options.

Posted under: News and Updates, School Resources

A Guide For Schools on Using Learn Now Pay Later

Posted on February 22, 2022 by Anna Klawitter

As of October 2020, admission rates for the fall term showed a considerable decline.

Now more than ever, strategies to reach students wherever they are and giving them the confidence and knowledge to succeed in their  journey are important.

Buy now pay later (BNPL)   platforms that allow customers to make purchases in installments are growing in popularity in the United States and being used like never before. 

Younger generations are hopping on the trend to save money instead of using traditional credit cards with steep interest. 

Platforms like Afterpay, Klarna, and Affirm allow users to make big box purchases like a new computer without having to shell out the entire cost upfront. Instead, they typically let users pay in four installments over a few weeks or months. As a result, the BNPL industry is now worth $97 billion and set to only go up from there.

Some experts say younger generations are steering clear of traditional credit and debit in the wake of the financial crisis. Instead, buy Now Pay Later is becoming the solution in the retail world.

So what about education?

You may be thinking ‘Buy Now, Pay Later works great for retail, but how would it work for education?’ Turns out, it’s already working quite well. This study by AWS shows that not only is Buy Now Pay Later a popular option for Millennials and Gen Z, they are also already using this model to pay for their education.

And it makes sense doesn’t it?”

Your students are already familiar with Buy Now Pay Later for their everyday purchases.

Four easy payments of $19.99 are becoming the default choice when shopping.

25% of students polled in this study said they are “very or extremely” interested in BNPL for their education. BNPL plans are also statistically shown to increase conversions and sales which for the education world, means increased enrollment and better outcomes.  

With your students already paying for many of their bigger purchases with BNPL, doesn’t it make sense to give them the option to use this model to help them achieve their learning goals?

Buy Now Pay Later also assists those who can’t access federal financial aid, especially anyone attending alternative education, like coding boot camps.

Finally, opening access to your program through more tuition options means increasing diversity, inclusion, and improving outcomes for more students.

1. Pay in 4

Students are already familiar with Buy Now Pay Later, which makes offering Learn Now Pay Later easier for students to understand and make the right decision for financing their education. 

“4 easy payments of $19.99” is becoming the default choice for a lot of people when shopping. Being able to offer that option to your students: breaking down their payment into 4 easy payments of _____ over the course of several months, will help your students learn more…and be able to pay later.

The pay in 4 is 4 separate installments over the course of several months. The pay in 4 can be combined with our other products. Learn Now Pay Later: Pay in 4 is basically an installment plan that you set up over the course of a few months for your students.

One important way to give students that confidence and increase enrollment is by offering a 

“Buy Now, Pay Later’ solution. Colleges, Universities, and boot camps alike are using flexible financing to add more options to increase accessibility for more students. 

2. Fixed Payment Plan 

11% of all U.S. consumers – 29 million people – have made at least one BNPL purchase in the last year alone. According to this study.

Consumers who use BNPL see it as an effective way to manage their budgets, enabling them to make purchases without having to worry about spending too much of their personal savings.

Installment plans alone may not be the best fit for larger schools/programs whose tuition price is too substantial to split up into 4 monthly payments alone. So it’s important to offer other options to students. 

So how can you offer your students Learn Now, Pay Later options with a larger, more in-depth program? 

The Fixed Payment Plan from Meratas gives students all the benefits of a traditional BNPL plan but spreads the payments out over a longer period of time. The student still makes fixed monthly payments but the repayment term could be a year or more. 

This provides students with the flexibility they need while providing you with consistent payments. The student also repays the entire tuition amount so you know you’ll get full payments. 

3. Income Share Agreements

An Income Share Agreement (also called “ISA”), may at first appear unfamiliar but is rather straightforward. At the most basic level, they work like this: an ISA-funder or school provides a student with money to be used towards tuition or school/living expenses. In exchange, the student agrees to pay back a small percentage of their future earnings after they graduate and once they get a job. With an ISA if you make less than a certain amount (the payment floor) you don’t make payments. 

Since the amount repaid is linked to the student’s earnings, if the student ends up in a low-paying job, then the amount paid back may be less than the amount received. If, however, the student works towards a high-paying career, the amount paid back is still limited by a “ceiling” for further protection

Income Share Agreements align risk and reward between student and school, by removing the upfront financial commitment required to pursue education. It’s like going to school with no upfront payments, and then only paying for the degree if it actually helps you get a better job. Because of this, ISAs align the risk and rewards and incentivize students, schools, and funders to work together to promote and fund only the best programs that lead to solid careers.

4. The Flex Plan

Another example of combining plans is Meratas’ new Flex Plan. With this plan, students get all of the benefits of an ISA combined with consistent tuition payments for the school.

If you don’t know what an ISA or Income Share Agreement is, we’ve written a complete guide to help you learn everything about them. But essentially, they are a type of plan where a student under an ISA contract is provided with deferred tuition to cover the costs of their education in exchange for a promise to pay a percentage of their income after they’ve graduated for a set period of time once they’ve secured a job.

Besides generally no upfront payments, a significant benefit of an Income Share Agreement is that there are certain instances when the student’s payments are paused or deferred. 

The new Flex Plan is similar to an Income Share Agreement in that it combines those payments indexed to income with the overall collection of the Fixed Plan. This means students get manageable payments indexed to their income while still paying the full tuition amount over time. 

The difference between the Flex Payment and the Income Share Agreement is that the exact funded amount must be repaid under the Flex Payment Plan. In contrast, the repayment amount may fluctuate with an ISA depending on the student’s income and other situations.

This plan was created in consultation with one of our partners to help them overcome tuition obstacles with their program and is now being offered to all Meratas partners!

This option is designed to balance student benefits (income-based payments and automatic deferment) with repayment certainty for the school.

Meratas’ tuition products are designed to be flexible and easily combined to give schools the upfront payments they need with the long-term flexibility their students want. 

For example, you can use a Pay in 4 plan to collect a sum of money upfront from students and then transition their payments into a Fixed Payment Plan to give them long-term, flexible payments. This gives you a strong flow of revenue upfront to make it easier to spread out the remaining payments for students over time.

Why You Should Be Using the Buy Now Pay Later Model at Your School or Education Program

The number one thing we’ve identified as a barrier to increasing enrollment is too few payment options for students. With flexible financing like BNPL, we’re looking to change the way students and schools view funding.

Our programs allow schools to control their future and help them hit enrollment goals while also improving retention.

Our partners choose Meratas for a few simple reasons. They have increased enrollment, diversified their income, and scaled their programs. In addition, 87% of students polled said they wouldn’t have considered their program without a flexible financing option.

Our approach to alternative financing options puts schools and students at the center of what we do. We create tuition programs that are fair and flexible for your students and profitable for you.

Now, are you ready to bring Buy Now, Pay Later to your students?

Learn Now Pay Later is Here to Stay

Buy Now Pay Later is here to stay and for good reason. BNPL gives consumers more options to pay for big-ticket items and helps to make big purchase items such as education more manageable. The shift in perspective to using this for programs has long been inevitable and we’re excited for the number of schools that are beginning to use this form of financing that we like to call Learn Now Pay Later.

Finding the best tuition option can be difficult, but diversifying your offerings is a great way to increase enrollment and open access to your course.

Your tuition needs are unique to you and your students. If you need the flexibility to build your financing, Meratas can help! Schedule a meeting with us today to learn more about how you can use Learn Now, Pay Later to achieve all your program’s goals! 

Posted under: School Resources

Resources and Tools for Educators to Help Students Be Successful

Posted on February 16, 2022 by Anna Klawitter

The amount of information out there on how to help your students succeed can be overwhelming. Fortunately, there are strategies that take the uncertainty out of helping college students succeed. We’ve compiled the top resources to help your students achieve their goals and have fun while doing it.

Be Creative

Getting students to engage in the learning process will maximize their results and help each student reach their full potential. One of the best ways to capture your students’ attention is to be creative and think outside the box. For example, implementing debates and games can help keep them engaged and eager for future lessons.

Provide Relevant Study Materials

Although lectures and tutorials will provide most of the content for your course, some students will need additional help to grasp your subject thoroughly. One of the best ways of overcoming this barrier is providing online resources, such as workbooks, ebooks, and past papers. These high-quality materials allow your students to get a feel for exam-style questions and drastically improve their preparation. In addition, all content is available from within Blackboard to make them simple to access at home or on campus.

Vary Your Instruction

When you vary teaching methods, you provide students with more learning opportunities. Every student has different strengths and weaknesses. Instead of just focusing on one method that only appeals to a single learning style, varying your teaching techniques allow you to cater your lessons to different learning styles. Students will be more successful if they are more engaged and are taught in a style that speaks to them.

Set Achievable Goals

To engage your students throughout the semester, you want to set challenging yet attainable goals for them. Work with them to determine goals that they’d be happy with and how you can work together to achieve them. This can help hold your students accountable and allow them to reach their potential.

Set High Expectations

Cultivate an academic environment in your classroom by setting high, but not impossible, expectations for your students. Push students to achieve higher standards and they will eventually get there—and along the way, offer lots of praise. Of course, some may take more time than others, but all students want to be told, “You’re smart, and you’re doing a good job.”

Be Transparent and Ready to Help

Provide your students with a clear and detailed syllabus at the beginning of the year. It should explain your grading policies, attendance rules, expected class behavior, and any other information they’ll need. For example, if you assign essays or research papers, give them a copy of your rubric, so they know exactly what’s expected of them. One reason some students fail is that they are not clear on what is expected of them during a course.  

If a student gets a C- on an essay but never had the reasoning behind the grade explained to them, they won’t know what to improve on in the future and will likely put in little effort on the next assignment.

Continually Grow in Your Profession

With new ideas and research available, it is essential to keep up with the latest information through online forums, workshops, and professional journals. This willl lead to increased student interest and greater success. In addition, teaching the same lessons each school year can become monotonous over time. This can result in uninspired teaching. In this case, students will pick up on this and become bored and distracted. Including new ideas and teaching methods can make a huge difference. 

Here are 15 of the best teacher resources to get you started!

Best Teacher Resources

1. TeachHUB Education Blog

Technology, teaching strategies, and classroom management – this blog has these all covered. Every week, new content is published about using technology and practical teaching strategies. This blog also provides ways to utilize classroom resources to build stronger relationships with students.

2. Library Stuff

A law librarian’s blog that shares daily bits of education news, current state, conferences, periodicals, and tons of other information can be exhausted for professional development. Stay in the loop with the latest updates on education by subscribing to this personal teacher website.

EdWeek offers daily news and fantastic advice on addressing everyday classroom scenarios for passionate educators. In addition, browsing this blog will provide you with easy access to e-books, professional development kits, and links to follow-worthy blogs related to education.

Learn to code with these one-hour tutorials designed for learners of all ages in over 45 languages.

5. The Hechinger Report

Showcasing in-depth journalism at a whole new level, The Hechinger Report deals with the latest innovation and everyday issues on education and academics. In addition, the website tackles a plethora of timely topics, including blended learning, early education, higher education, high school reform, teacher preparation, and so much more.

6. High Techpectations

Lucy Gray designed her blog to inspire today’s educators. Here, she shares ideas, resources, downloadable PDFs, and multiple valuable links for the savvy teacher. Plus, you’ll get easy access to her YouTube workshop by joining in!

7. Education World

Education World is a complete online resource for teachers, administrators, and school staff to find high-quality and in-depth original content. In addition, they offer more than 1,000 free lessons.

8. Everfi

Everfi offers free digital courses that are interactive and standards-based. The focus is on real-world learning, with classes offered in financial literacy, STEM, social-emotional learning, health, and wellness,

9. Edutech for Teachers

A blog created and maintained by an instructional technology specialist based in Central Philadelphia. The site is dedicated to sharing innovative teaching strategies using digital media and the latest technology devices to engage students further and provide a millennial educational experience.

10. Library of Congress

The Library of Congress offers classroom materials and professional development to help teachers effectively use primary sources from the Library’s vast digital collections in their teaching.

According to their website, the mission of the National Gallery of Art is to serve the USA in a national role by preserving, collecting, exhibiting, and fostering the understanding of works of art at the highest possible museum and scholarly standards.

12. National Geographic

Bring National Geographic to your classroom through lesson plans, maps, and reference resources.

13. The New York Times

Teach and learn with The Times. Articles and questions, writing prompts, and lesson plans coordinate with The New York Times Learning Network for teens. This site also provides access to professional growth resources and webinars for teachers and students’ activities.

14. Newsela

Newsela is a database of current events stories tailor-made for classroom use. Indexed by broad themes (e.g., War and Peace, Arts, Science, Health, Law, Money), stories are student-friendly and can be accessed in different formats by reading level.

15. NSTA

National Science Teachers Association promotes excellence and innovation in science teaching and learning for all. This site gives teachers access to NSTA magazines for students and teachers and lesson plans.

Students want to succeed and oftentimes the best way to help them do that is by creating an engaging, goal-oriented lesson plan. Get creative, tailor your lessons to your students, and always be learning yourself. If you feel stuck with your current teaching style, these resources are here to help! Did we miss any resources?  What resources have you used to help your students succeed? Drop them in the comments!

Posted under: School Resources

How To Use Social Media Marketing As A Recruitment Tool At Your University

Posted on February 8, 2022 by Anna Klawitter

If you’re not using social media as a recruitment tool, you’re missing out on an easy and quick way to reach potential students. Your university needs to establish brand awareness and relationships with students. Social media is by far the best tool to do that. 

Social media is essential for your university it’s how students connect and communicate. Your social media strategy can be a great recruitment tool; you need to meet your prospective students, current students, and alumni where they are.

An effective social media marketing strategy can be a great recruitment tool, a convenient way to share announcements quickly, an effective way to build a community, and so much more.

Widespread access to the internet and digital media has transformed the education sector completely. For example, Facebook today has more than 2.3 billion monthly active users, while Instagram now has over 1 billion monthly active accounts. With social media platforms becoming more popular day by day, the way we consume information is also changing significantly. 

If you are considering implementing a social media marketing strategy for your higher education institution, then you’ve come to the right place! We’ll take you through some essential tips and points to keep in mind when developing your social media marketing plan.

1. Presenting Yourself online

The best way to get your school noticed is through constant use of social media, email marketing, and blog posts. From blogs and social media posts to recruitment materials, your school brand needs to be consistently promoted in relevant places across all of your different touchpoints. In addition, to have a positive image with potential learners, you need to ensure that what they see on social media matches what they read on your website and see on your other channels.

Social media use in higher education and boot camps is important in setting the tone on campus. Promote and represent the kind of culture your school aims to cultivate. Make your institution’s mission and values known. Let prospective students, faculty, and partners know they’re welcome and supported. Show off some accomplishments and defining characteristics of your university by posting content related to that. Feature the clubs, communities, and social opportunities attendees can get involved in. Show off the campus. Help them understand the benefits your institution offers beyond academic study. 

For example, share the accomplishments of your students and teachers/ faculty members. Make it easy for students to picture their future at your university.

2. Develop a social media strategy

Social media channels are important, but having a cohesive strategy is even more crucial.

In this Social Campus Report, 76% of respondents say defining a clear social media marketing strategy and objectives is their top priority. Another 45% hope to coordinate social strategy campus-wide.

So it’s crucial to align social strategy back to the university’s core objectives.

64% of professionals agree that social media should connect to the strategic plan and institutional mission.

For example, look at Georgia State University’s #TheStateWay campaign. It has four pillars

Meanwhile, the University of Sydney uses social media to support its four big strategic goals:

3. Be platform-specific

Every social media platform has its unique advantages for higher ed, from blogging to Instagram. As you move forward in establishing your social media presence, it’s important to weigh how each platform can help achieve your campus and community goals. 

For example, you could use Facebook to engage students and alumni around on-campus events while hosting discussions on Quora.

Recruiting is about finding and connecting with new students in new and innovative ways. LinkedIn, Facebook, Twitter, Instagram, and other platforms are essential to this effort—but they are not the only tools in your toolbox. 

Pinterest and Flipboard can increase brand awareness, and Medium and WordPress can be used to publish blog content for your network.

Twitter is a great platform to reshare success stories from your students and engage with them by retweeting anything they mention about your school. Instagram is a great platform to reach students as well as build your presence. 

4. Use Social Media Tools

Content calendars allow you to maintain a consistent social media presence by planning and scheduling your posts.

Having a content calendar is an essential part of any social media strategy. If you’re spending time each day just to figure out what you should publish, you start to focus too much on the small details rather than your overall strategy. A content calendar keeps you in control by helping you focus on the big picture. Tools like Hootsuite, Sendible, Falcon.io, and Sprout Social will help make managing your social media strategy that much easier. 

Some Other Tools To Use!

5. Create a hashtag for your university

Create a specific hashtag for your university or Bootcamp that isn’t used anywhere else. Then, encourage students to use the hashtag on their social media accounts and tell them to share pictures from the campus and other university-related events.

You can encourage your students to use it by reposting the content under your hashtag on Instagram and Stories. By having your own hashtag, you’ll encourage students to promote your social media content and initiatives organically and make it easier for other students to find you on your various channels.

Hopefully, these tips have been useful on starting your own social media program at your Bootcamp or University! Looking to increase enrollment in other ways? Offering more tuition options is a great way to get started. 

Posted under: School Resources

An Introduction to Fixed Payment Tuition Plans For Your School

Posted on January 18, 2022 by Anna Klawitter

11% of all U.S. consumers – 29 million people – have made at least one BNPL purchase in the last year alone. According to this study.

Consumers who use BNPL see it as an effective way to manage their budgets, enabling them to make purchases without having to worry about spending too much of their personal savings.

Installment plans alone may not be the best fit for larger schools/programs whose tuition price is too substantial to split up into 4 monthly payments alone. So it’s important to offer other options to students. 

So how can you offer your students Learn Now, Pay Later options with a larger, more in-depth program? 

Introducing the Fixed Payment Plan 

The Fixed Payment Plan from Meratas gives students all the benefits of a traditional BNPL plan but spreads the payments out over a longer period of time. The student still makes fixed monthly payments but the repayment term could be a year or more. The set number of fixed payments starts after a grace period and can be designed with or without an effective APR.

This provides students with the flexibility they need while providing you with consistent payments. The student also repays the entire tuition amount so you know you’ll get full payments. 

Ways to Utilize Flat Payment Plans 

At your program, you can use flat payment plans as a stand-alone tuition option or combine it with the Pay in 4 to get a larger portion of the tuition up front and then spread the rest of the payment out over time. This combination makes it easier for students to pay for their programs and easier for programs to combine specific payment plans for programs that need a boost in enrollment. 

Meratas: The Learn Now, Pay Later Platform

Partners choose Meratas for a few simple reasons:

They have increased enrollment, diversified their income, and scaled their programs. In addition, 8 out of 10 students polled said they wouldn’t have considered their program without a flexible financing option.

The Meratas approach to alternative financing options puts schools and students at the center of what we do. We provide schools with the tools they need to create tuition programs that are fair and flexible for your students and profitable for you.


Meratas has taken all of the financing options students want and combined them with all the benefits of Buy Now, Pay Later. We call it: 

Learn Now, Pay Later.

Flat Payment Plans are an excellent way to balance consistent payments with student accessibility. They can also fit flexibly into your current tuition products. Does this sound like something that would be a good fit for your program? Visit our Partner’s page to learn more or click here to schedule a meeting with us! 

Posted under: School Resources

How to Combine Tuition Options to Create the Best Financing Plan

Posted on January 24, 2022 by Anna Klawitter

Finding the best tuition plan for your students can be difficult.

While it’s essential to strike a balance between consistent returns with flexible payments for your students, sometimes this can be difficult with longer-term payment plans.

But it doesn’t have to be.

Meratas makes managing multiple deferred tuition options easy with one simple platform. One of the platform’s best features is the ability to combine numerous options for one program to fit you and your student’s needs.

How to combine tuition options with Meratas

Meratas’ tuition products are designed to be flexible and easily combined to give schools the upfront payments they need with the long-term flexibility their students want. 

For example, you can use a Pay in 4 plan to collect a sum of money upfront from students and then transition their payments into a Fixed Payment Plan to give them long-term, flexible payments. This gives you a strong flow of revenue upfront to make it easier to spread out the remaining payments for students over time.

The Flex Plan


Another example of combining plans is Meratas’ new Flex Plan. With this plan, students get all of the benefits of an ISA combined with consistent tuition payments for the school.

If you don’t know what an ISA or Income Share Agreement is, we’ve written a complete guide to help you learn everything about them. But essentially, they are a type of plan where a student under an ISA contract is provided with deferred tuition to cover the costs of their education in exchange for a promise to pay a percentage of their income after they’ve graduated for a set period of time once they’ve secured a job.

Besides generally no upfront payments, a significant benefit of an Income Share Agreement is that there are certain instances when the student’s payments are paused or deferred. 

Best Tutition Options

The new Flex Plan is similar to an Income Share Agreement in that it combines those payments indexed to income with the overall collection of the Fixed Plan. This means students get manageable payments indexed to their income while still paying the full tuition amount over time. 

The difference between the Flex Payment and the Income Share Agreement is that the exact funded amount must be repaid under the Flex Payment Plan. In contrast, the repayment amount may fluctuate with an ISA depending on the student’s income and other situations.

This plan was created in consultation with one of our partners to help them overcome tuition obstacles with their program and is now being offered to all Meratas partners!

This option is designed to balance student benefits (income-based payments and automatic deferment) with repayment certainty for the school.

Finding the best tuition option can be difficult, but diversifying your offerings is a great way to increase enrollment and open access to your course.

Want to find the best combination of tuition options for your program? Ones that will give your students consistent returns and the flexibility they need? Schedule a call with one of our tuition specialists today! 

Posted under: School Resources, Buy Now Pay Later

Buy Now Pay Later: Setting Up Pay in 4 For Your Students

Posted on January 13, 2022 by Anna Klawitter

Since the pandemic admission rates showed a considerable decline.

Nationwide, fewer students went back to school again in 2022, dragging undergraduate enrollment down another 3.1% from 2021, according to a recent report by the National Student Clearinghouse Research Center.

Now more than ever, strategies to reach students wherever they are and giving them the confidence and knowledge to succeed in their  journey are important.

One important way to give students that confidence and increase enrollment is by offering a “Buy Now, Pay Later’ solution. Colleges, Universities, and boot camps alike are using flexible financing to add more options to increase accessibility for more students. 

Buy Now Pay Later also assists those who can’t access federal financial aid, especially anyone attending alternative education, like coding boot camps.

The number one thing we’ve identified as a barrier to increasing enrollment is too few payment options for students. Unfortunately, students have limited options when it comes to paying for their education. With flexible financing like BNPL, students and schools can align their goals and create a better educational experience. 

Because flexible financing increases accessibility to students, schools are able to increase enrollment and fill empty seats. Offering flexible tuition options to your students is far and away the best method to increase enrollment while also increasing revenue for schools.

Meratas has taken all of the financing options students want and combined them with all the benefits of Buy Now, Pay Later. We call it: Learn Now, Pay Later.

1. What is Learn Now Pay Later?

Instead of Buy Now Pay Later we’ve repurposed this thought towards educational financing. The pay in 4 is 4 separate installments over the course of several months. The pay in 4 can be combined with our other products. Learn Now Pay Later: Pay in 4 is basically an installment plan that you set up over the course of a few months for your students.

2. Why Schools Should Have a Buy Now, Pay Later Option

Students are already familiar with Buy Now Pay Later, which makes offering Learn Now Pay Later easier for students to understand and make the right decision for financing their education. “4 easy payments of $19.99” is becoming the default choice for a lot of people when shopping. Being able to offer that option to your students: breaking down their payment into 4 easy payments of _____ over the course of several months, will help your students learn more…and be able to pay later.


Because they’re familiar with it and it’s becoming the go to choice for consumers these days who want to make bigger purchases. 


25% of students polled in this study said they are “very or extremely” interested in BNPL for their education. BNPL plans are also statistically shown to increase conversions and sales which for the education world, means increased enrollment and better outcomes.  

Finally, opening access to your program through more tuition options means increasing diversity, inclusion, and improving outcomes for more students.

Meratas: The Learn Now, Pay Later Platform

Partners choose Meratas for a few simple reasons:

They have increased enrollment, diversified their income, and scaled their programs. In addition, 9 out of 10 students polled said they wouldn’t have considered their program without a flexible financing option.

Our approach to alternative financing options puts schools and students at the center of what we do. We create tuition programs that are fair and flexible for your students and profitable for you.


Meratas has taken all of the financing options students want and combined them with all the benefits of Buy Now, Pay Later. We call it: Learn Now, Pay Later.

Meratas help schools leverage the power of Learn Now, Pay Later Financing Options to drive student enrollment. At Meratas, our mission is to improve lives by unlocking potential and using that education to help people build a lasting career. The Meratas platform is an all in one tuition solution that houses all your tuition options in one place. No more having to deal with multiple companies for all your different programs. We are committed to providing students, educators and schools with a complete tuition payment platform. Meratas makes managing student payments easier than ever before, providing you with a complete end-to-end solution to manage all tuition related payments through one simple interface. 

With all of our tuition options, you can combine different options to best support your needs and even use it to overcome funding obstacles.

Buy Now Pay Later is Here to Stay

Buy Now Pay Later is here to stay and for good reason. BNPL gives consumers more options to pay for big ticket items and helps to make big purchase items such as education more manageable. The shift in perspective to using this for programs has long been inevitable and we’re excited for the number of schools that are beginning to use this form of financing that we like to call Learn Now Pay Later.

Meratas is positioning itself as the leading provider for Learn Now Pay Later tuition solutions. The Meratas platform offers state-of-the-art technology and ease-of-use to help you manage student cash flow, reduce administrative costs and create better financial outcomes for your students. The Meratas platform makes it easy for you to get the most out of your tuition programs. If you’re ready to increase enrollment at your school and offer students a better way to pay. Schedule a meeting with a tuition specialist today to learn more about how the Meratas platform can help you reach your program’s goals. 

Posted under: School Resources

Income Share Agreements For Entrepreneurs – The Future of Funding

Posted on December 14, 2021 by Anna Klawitter

Income Share Agreements, or ISAs for short, are a growing alternative to traditional student loans. In the world of new financing approaches, Income Share Agreements are unique.  But many are starting to think of them as a tool to help startup founders and entrepreneurs. 

Don’t know what an ISA is? Here’s a quick overview: usually, with an ISA, your upfront payment for a service like education is deferred. Instead, you agree to pay back a percentage of your income over a set number of months. Think of it like deferred tuition but with added benefits since your repayments are linked to your income.

The percentage and period of time vary depending on ISA. For example, a student may receive tuition upfront for 5% of their income during the 48 months after graduation. ISA terms vary between ISA funders and have many benefits, but this is a basic overview. If you want to learn more about Income Share Agreements, you can check out our Ultimate Guide to ISAs. ISAs are most well-known as a tool for educators and students.

 But how might someone apply the principles of an ISA to funding for a startup?

ISAs for Entrepreneurs

Income share agreements are most commonly used to fund education and career development, but they are gaining potential for founders seeking early capital to start a business. 

With an ISA, the percentage you pay will stay the same even as your income varies. Meaning that your payments are linked directly to your income which ensures payments are always manageable. 

ISAs also include a salary floor, so your payments are paused if you’re earning under a certain amount. This feature is essential for founders who may experience periods with little to no income.

Most ISA’s also include a repayment cap, so once you reach that set total amount, you’re finished with your payments, regardless of whether or not you’ve made all the required payments. This prevents high-income earners from paying back an unfair amount.

This approach is perfect for entrepreneurs because it’s more flexible than equity-based funding options alone. It’s also an inclusive, equitable approach that serves idea and early-stage companies better than other traditional funding options. Since it’s an Income Share Agreement, your funder only wins if you win, so they’re committed to helping you succeed and giving you the tools you need to win. 

Who’s doing this now? 

Chisos is an up-and-coming company that invests in high-potential individuals from all walks of life. Chisos designed a funding model for idea and early-stage entrepreneurs: the Convertible Income Share Agreement. To learn more about their ISA program, visit their program info page.

This concept could be a game-changer for those looking to become entrepreneurs but don’t have the upfront capital to get started. What are your thoughts? 

Posted under: School Resources, Income Share Agreements

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