Don’t worry – Here’s the Best Bootcamp Funding Options!
At Codeup we work to fully service your coding learning experience from the first day you connect with us, until well into your new career. As we see it, our students are courageously jumping into an intensely immersive experience. We want to give you the tools you need to swim fearlessly, while learning really valuable skills.
One tool we find many of our students need is help paying for the Codeup experience. Our home-grown scholarship programs, grant/funding partners, and excellent financing options make it straight-forward and easy. We’ve worked to make sure we have the best partners so that there are no predatory lenders or sketchy unreliable customer service experiences.
We are happy to introduce you to our newest partner who can be a helpful funding resource for you. Meet Skills Fund. You’ll like them as much as we do when you see what they have to offer.
Editor’s Note (March 2021): Skills Fund is now Ascent Funding! Check out our partnership page, here.
Here’s what they have to say for themselves, in their own words:
A PARTNERSHIP TO INVEST IN YOUR CODEUP EXPERIENCE & SUCCESS
Skills Fund’s goal is simple: we don’t finance students to attend crappy programs. For this reason, we work daily to build the best financing tools for leading bootcamps and their students.
- ‣ Fixed interest rates: 8.49% for 36 months; 10.49% for 60 months
- ‣ Finance up to $15,000 (tuition – deposit) of program costs
- ‣ Interest-only payments while in program and for 60 days following graduation
- ‣ Transparent loan terms: understand your interest rate before applying
- ‣ 10 minutes to complete your application. Pre-approval within minutes.
- ‣ Cosigner options available
CHOOSE WHAT WORKS FOR YOU
Select from 3- and 5-year loans, and only pay interest while in-course. Gain the benefit of lower monthly payments during the repayment phase. Different packages make interest rates workable for you, in terms of duration to pay back the loans and amounts disbursed. For more information on your Skills Fund loan options, please visit the Codeup Skills Fund portal.
What is the advantage of financing and how can I use the money?
A full cash payment can place unfavorable stress on your savings, and the high Annual Percentage Rate (APR) of a credit card can quickly increase the cost of your education. Financing enables ease of payment, with low, fixed competitive interest rates that can be paid back at anytime without penalty. You can only use the loan to directly fund your Codeup education. The loan will be disbursed to Codeup within days of starting your course. Bootcamp funding like this makes completing the program hassle-free.
Will I qualify for a Skills Fund loan or do I need a cosigner?
As long as you meet the basic underwriting criteria – you are a U.S. citizen or permanent resident, have no recent bankruptcies and no history of loan default – you’ll most likely qualify for payment for your Codeup experience. You can (1) apply individually, and should you not be approved, you can reapply with a cosigner, or (2) initiate your loan process with a cosigner.
So there you have it! Don’t worry if these terms sound ultra-complex. We’ll walk through every step with you because that’s our DNA – high touch, high care. We are on your team! We want funding be an easy part, because upgrading your life and developing your future are worth investing in!
Interested in learning more? Give us a call at (210) 802-7289 or send us an e-mail at firstname.lastname@example.org.