We understand that offering financial assistance can be an additional expense for an organization. However, as a career success company, we prioritize providing equitable access to our membership for those who genuinely need financial aid and cannot afford our regular subscription rate. The Assisted Subscription Agreement (ASA) is designed to alleviate the financial burden on members by shifting some of the upfront costs to future payments when they meet the Qualified Income Threshold.
It's important to note that the overall cost of an ASA may be higher than a regular subscription. This is because Uvaro takes on the financial risk by covering the initial education and support costs for members using the ASA. The ASA aims to help them secure a role in the tech sales industry and work within their financial means, while Uvaro bears the burden of upfront costs.
Here are two examples for illustration purposes:
Example 1: If you took 12 months to meet the Qualified Income threshold, the total you pay will be:
Assisted Subscription Rate x 12 months = $480
Subscription Term Payment x 12 months = $4,800
Total Paid = $5,280
Total Membership: 24 Months
In this case, you are paying less than someone who was a Premium member for 24 months (they would pay $6,000)
Example 2: If you took 3 months to meet the Qualified Income Threshold (well done!), the total you pay will be:
Assisted Subscription Rate x 3 months = $120
Subscription Term Payment x 12 months = $4,800
Total Paid = $4,920
Total Membership = 15 Months
In this case, although you would pay more than 15 months x $250 = $3,750, you would still be paying less than someone who joined via the regular Premium membership agreement. Ongoing Premium members sign annual terms, and so they would be paying for 24 months of membership, or $6,000.
Through the ASA, we strive to support members in achieving their career goals while taking on the financial risk and helping them manage their finances effectively.