this is not a loan.

To understand that more, lets take a look at a few scenarios:

Scenario Opportunity@Work
Financing
Private Loan
You do not have good credit history You get financing irrespective of your credit history and at the same terms You cannot get a loan or you need a cosigner. If you do get access, the loan is more expensive
You do not do well after training - do not get a job or make less than $35K per year You do not make any payments while you are earning $35K per year or less. Nothing owed. You owe principal and interest. Your interest accrues even if your payments are deferred. You keep paying until you have paid off everything and loans are not erased even in bankruptcy.
You do okay after training - make $35K-$50K per year You pay 6.5% of your income for 5 years. You do not make any payments after 5 years even if your payments do not cover the original amount of financing. You owe the same amount of principal and interest even if payments are becoming unaffordable for you.
You do well after training - make $50K-$75K per year You pay 6.5% of your income for 5 years - which will be about what you would pay in loans. You pay your loans on time with interest.
You do exceptionally well - make $75K+ per year Your pay 6.5% of your income for 5 years. Your payments do not increase if you make more than $90K per year and you have the option to prepay. Your repayments go towards funding future students not banks. You pay your loans on time with interest or may pay them off ahead of time to save on interest.

For more detailed information, check out our comparison chart!