Nope, you are not obligated to accept an internship or job offer. However, given the demand for any given Accelerator, we do hope that you will only enroll if you have a sincere interest in working with the sponsoring company. In order to keep things fair, we also ask that all enrolled students abstain from accepting any other job offers until 1 month after the program's completion.
There is no catch! For real. By partnering with leading companies within the industries we currently serve (consulting and finance), we're able to offer our training Accelerators at no cost whatsoever to the student. Believe it or not, it's very expensive (and time-intensive) for a company to recruit on college campuses, and as a result, any large company will only realistically target 10-20 schools. By reducing the average cost-per-hire and expanding reach, we're able to guarantee full scholarship for any student accepted into the program.
At no point, and under no circumstance, is there a charge to the student. We pride ourselves on remaining accessible to students of all backgrounds, so we will never compromise on this point.