ICAPP Advantage®
Requirements | Process | Financial
ICAPP Advantage provides customized, accelerated education for knowledge workers in high demand but short supply. ICAPP Advantage meets a company's hiring needs through an expedited curriculum that a company designs with a college or university. The first company helped through ICAPP estimates that it has saved nearly $8,000 in training and hiring cost savings per employee hired.
Requirements
A project must meet several requirements to be funded as an ICAPP Advantage project.
- New jobs
The employer must create at least 10 new knowledge jobs that are strategically important to Georgia.
- Knowledge workers
The project must prepare people to be employed as knowledge workers.
- High demand, low supply
There must be a documented shortage of this type of worker throughout the industry in this regional labor market, not just for this individual company.
- Partnership
An employer and a USG college or university work together to design a program of study to prepare students for specific knowledge jobs at that company. The company must commit to hire each ICAPP graduate in the job for which they were educated. Students must make a C or better in each ICAPP course to graduate (employers may require a higher minimum).
- Accelerated education
Instruction must be compressed into a substantially shorter time than usual. ICAPP students must be full-time students. Classes must be for academic credit.
- No overlap with Georgia DTAE
The USG institution must certify that the education needs being addressed cannot be met by existing programs at Georgia Department of Technical and Adult Education (DTAE) institutions in the service area.
ICAPP Advantage® Process
View the ICAPP Advantage Process 
Financial Information
A USG institution may apply for ICAPP Advantage funding to help pay for the costs of instruction, including faculty, equipment, and space.
An ICAPP student may apply for an ICAPP service cancelable loan to help pay for expenses (tuition, books and living expenses) while participating in the ICAPP program. The loan amount depends on the salary that the employer commits to pay the ICAPP graduate:
- a $7,500 loan may be available for positions paying less than $50,000 annually,
and
- a $10,000 loan may be available for positions paying $50,000 or more each year.
ICAPP service cancelable loans are based on the availability of funds. Students will learn more about ICAPP loans after acceptance into the program.
The Georgia Student Finance Commission administers this service cancelable loan. The student signs a promissory note and is legally responsible to cancel the debt, either through repayment or approved employment. At the end of each year that an ICAPP student works with the ICAPP company (or in the same field of work for another company in Georgia ), $2,500 of the student's debt is canceled.
The HOPE scholarship or grant may pay for some of the student's expenses if the student meets HOPE's requirements.
Health Professionals Loan Information (PDF, 112 KB)