Lumni.net
Lumni.net is an educational finance company operating in Colombia, Mexico, Peru, and Chile, investing in over 22,000 students through Income Share Agreements.
Services
Lumni.net offers financial support to students through Income Share Agreements (ISAs), allowing them to pay for their education as a percentage of their future earnings. The company provides funding for both tuition and maintenance during studies. Additionally, Lumni.net offers employability programs, such as assistance with creating resumes and professional profiles. They provide mentorship opportunities and capacity-building workshops to help students prepare for their careers.
Operating Countries
Lumni.net operates in four countries: Colombia, Mexico, Peru, and Chile. Their reach allows them to support students across these regions. By investing in these diverse areas, Lumni.net aims to expand educational opportunities and improve economic outcomes for students in these markets.
Student Support
Lumni.net has supported over 22,000 students through its programs. The company offers a grace period of 6 months after graduation before repayment starts, plus an additional 6 months grace period in case of unemployment. During studies, students maintain a 'payment culture' of approximately $10 USD per month. This payment structure continues until the student secures employment. Lumni.net's approach is designed to ease financial burdens and facilitate successful transitions from education to employment.
Investment in Education
Lumni.net has invested a significant $60 million in education and employability. They manage 32 funds that provide economic support and resources for students. By leveraging these funds, Lumni.net aims to make education accessible and cultivate a skilled, employable workforce.