How To Pay For A Coding Bootcamp



Scholarships can be a great way to finance your coding bootcamp journey. Many bootcamps offer their own scholarship programs, while others partner with external organizations to provide financial aid to prospective students. Here are some tips to help you secure a scholarship:

  • Research: Start by researching coding bootcamps that offer scholarships. Look for programs that align with your interests and goals. Explore their websites or reach out to their admissions teams to find out about available scholarships.
  • Eligibility: Pay close attention to the eligibility requirements for each scholarship. Some scholarships may be specific to certain demographics, such as women, minorities, or veterans. Others may require certain academic or professional backgrounds.
  • Application: Once you’ve identified the scholarships you’re interested in, carefully review the application process and deadlines. Some scholarships may require you to submit an essay, showcase your coding skills, or provide references.
  • Show Your Passion: When applying, make sure to highlight your passion for coding and your commitment to learning. Share any relevant experiences, projects, or personal stories that demonstrate your dedication and potential.
  • Recommendations: Securing strong recommendations from teachers, mentors, or industry professionals can significantly boost your chances of receiving a scholarship. Reach out to individuals who can speak to your skills, character, and potential.
  • Follow-Up: After submitting your scholarship applications, be sure to follow up with the respective organizations to confirm receipt and express your continued interest. This demonstrates your proactive and dedicated attitude.

Remember, scholarships are highly competitive, so it’s important to put time and effort into your applications. While not everyone will receive a scholarship, it’s worth exploring this option as it can significantly reduce the financial burden of attending a coding bootcamp.


Income Share Agreements (ISAs)

Income Share Agreements (ISAs) have gained popularity as an alternative way to finance coding bootcamps. These agreements allow students to defer payment of tuition until after they have secured a job in the field. Here’s how ISAs work:

1. No upfront costs: With an ISA, you don’t have to pay anything upfront. This can make coding bootcamps more accessible for those who may not have the means to pay for tuition immediately.

2. Pay a percentage of your income: Instead of a fixed monthly payment, ISAs require you to pay a percentage of your income once you’re employed and earning above a certain threshold. This percentage is usually capped and the terms vary depending on the coding bootcamp and ISA provider.

3. Duration of payments: ISAs typically have a predetermined payment duration, such as a fixed number of months or until a specific payment cap is reached. Once you’ve completed the agreed-upon payments, your obligation is fulfilled, even if you haven’t paid back the entire tuition amount.

4. Income thresholds: ISAs often have an income threshold, which means you don’t make payments unless you’re earning above a certain amount. This provides a safety net if you don’t find immediate employment or experience a period of lower income.

5. Shared risk and reward: ISAs align the interests of coding bootcamps and students. The bootcamp benefits by having a motivated and successful graduate, while the student benefits from reduced financial risk during the training period.

Before signing an ISA, it’s crucial to carefully review the terms and conditions. Consider the payment percentage, payment duration, income threshold, and any other clauses that may impact your financial situation. While ISAs can provide an affordable way to attend a coding bootcamp, it’s important to understand the long-term implications and ensure that the terms align with your career goals.

It’s also worth noting that not all coding bootcamps offer ISAs, so if this financing option is of interest to you, be sure to research and find bootcamps that have partnered with ISA providers. Additionally, it’s advisable to seek legal advice or consult with a financial professional to fully understand the terms of the ISA before committing.


Financing Options

While scholarships and income share agreements (ISAs) are popular ways to finance coding bootcamps, they may not be available or suitable for everyone. Fortunately, there are other financing options to consider:

1. Personal Savings: If you have savings set aside, using them to pay for your coding bootcamp can be a smart choice. It allows you to avoid interest charges and start your career without debt. However, it’s important to ensure that you have enough savings left for emergencies or other financial obligations.

2. Part-time Work while attending bootcamp: If you can balance your schedule, working part-time while attending a coding bootcamp can help cover your living expenses and contribute towards tuition costs. This option requires dedication and good time management skills, as coding bootcamps are intensive.

3. Coding Bootcamp Loans: Some financial institutions offer loans specifically designed for coding bootcamp tuition. These loans often have lower interest rates and flexible repayment terms compared to traditional personal loans. Before applying, research lenders and compare their interest rates and terms to find the best option for you.

4. Crowdfunding: Crowdfunding platforms such as Kickstarter or GoFundMe can be effective for raising funds for coding bootcamps. Create a compelling campaign, share it with friends, family, and social networks, and offer unique incentives to encourage donations. Remember to clearly explain your goals and how attending a coding bootcamp will benefit your career.

5. Employer Tuition Reimbursement: If you’re currently employed, check if your employer offers tuition reimbursement programs. Some companies are willing to invest in the professional development of their employees by reimbursing a portion or all of the coding bootcamp costs. Discuss this opportunity with your employer to determine if it’s available.

6. Veteran Benefits: If you’re a U.S. military veteran, you may be eligible for benefits and assistance through the GI Bill® or other veterans’ programs. These benefits can cover a significant portion of the coding bootcamp expenses, allowing you to pursue your career transition with reduced financial burden.

7. Apprenticeships: Some coding bootcamps offer apprenticeship programs where you can work as a junior developer while receiving training and mentorship. This not only provides hands-on experience but also helps cover your living expenses through a stipend or salary, minimizing the need for external financing.

8. Financial Aid: Depending on the coding bootcamp, there may be financial aid options available, similar to traditional educational institutions. Explore if the coding bootcamp you’re interested in qualifies for grants, loans, or other forms of financial assistance.

Consider your financial situation, goals, and available resources when deciding on the best financing option for your coding bootcamp journey. Each option has its own unique advantages and potential considerations, so make sure to weigh them carefully to make an informed decision.


Personal Savings

Using personal savings to finance your coding bootcamp is a smart financial decision that can help you embark on your career transition without accumulating debt. Here are some key points to consider when using personal savings:

1. Evaluate your savings: Assess your current financial situation and determine how much savings you have available for your coding bootcamp. Consider any other financial obligations or emergencies that may arise during or after the bootcamp and make sure you have sufficient funds to cover them.

2. Set a budget: Create a budget that takes into account your tuition fees, living expenses, and any other costs associated with attending the coding bootcamp. This will help you allocate your savings wisely and avoid overspending.

3. Minimize expenses: Prioritize your bootcamp goals and cut back on unnecessary expenses in order to maximize the use of your savings. This may involve reducing dining out, entertainment, or other discretionary spending during your bootcamp duration.

4. Consider part-time work: If your savings are limited, you may want to consider working part-time while attending the coding bootcamp. This can help supplement your savings and lessen the financial strain. However, be mindful of the time commitment and ensure that you can effectively balance work and studies.

5. Explore payment options: Speak with the coding bootcamp you plan to attend to see if they offer flexible payment arrangements. Some bootcamps may allow you to pay in installments, which can help you manage your savings more effectively and decrease the immediate financial impact.

6. Tap into emergency savings: While coding bootcamps present excellent career opportunities, unexpected circumstances can arise. If possible, set aside a portion of your savings as an emergency fund to handle any unforeseen expenses that may arise during or after the bootcamp.

Using personal savings to fund your coding bootcamp not only avoids the burden of accruing debt but also allows you to start your new career with financial peace of mind. Be diligent in managing your finances and remember that investing in your education and future can yield significant long-term benefits.


Part-time work while attending bootcamp

Working part-time while attending a coding bootcamp can provide you with financial support and help cover your living expenses during this intensive learning period. Here are some important considerations if you plan to work part-time while attending a bootcamp:

1. Balance your schedule: It’s crucial to find a balance between your part-time job and your bootcamp studies. Make sure to carefully plan your schedule to ensure you have enough time for both commitments. Effective time management skills are essential to succeed in both areas.

2. Consider remote work or freelance opportunities: Look for part-time work options that offer flexibility, such as remote work or freelancing. These opportunities can allow you to work from anywhere and adjust your schedule to fit around your bootcamp classes and assignments.

3. Communicate with your employer: Be transparent with your employer about your commitment to the coding bootcamp. Explain the schedule and time requirements, and see if there are flexible arrangements that can be made to accommodate your studies.

4. Find a job with transferrable skills: Look for part-time jobs that can enhance your coding skills or provide relevant experience. For example, working as a tech support representative or a junior developer can provide valuable practical knowledge while earning an income.

5. Manage your energy levels: Attending a coding bootcamp requires intense focus and dedication. Ensure that your part-time work hours and responsibilities do not exhaust you to the point where it impacts your ability to fully engage in your bootcamp coursework.

6. Explore opportunities within the bootcamp community: Some coding bootcamps have programs or resources to help students with part-time job placements. Check if your bootcamp offers any connections or support in finding relevant employment opportunities.

7. Set realistic expectations: Understand that working part-time during a coding bootcamp can be challenging. It may add extra stress and time constraints. Set realistic expectations for yourself and be prepared to dedicate additional effort to manage both your job and your studies effectively.

Working part-time while attending a coding bootcamp can alleviate financial pressure and provide you with valuable work experience. However, it’s important to strike a balance between your job and your studies to ensure you can fully engage and benefit from the bootcamp experience.


Coding Bootcamp Loans

If you don’t have personal savings or other financing options available, coding bootcamp loans can be a viable solution to cover your tuition expenses. Here’s what you need to know about coding bootcamp loans:

1. Specialized Lenders: There are financial institutions that specifically offer loans for coding bootcamp tuition. These lenders understand the value and potential return on investment that coding bootcamps provide and may offer more favorable terms compared to traditional personal loans.

2. Flexible Repayment Terms: Coding bootcamp loans often come with flexible repayment options. Some lenders may defer payments until after you graduate, while others may allow you to make interest-only payments during the course. Make sure to carefully review the terms and select a loan that best aligns with your financial circumstances.

3. Interest Rates and Fees: Coding bootcamp loans may have higher interest rates compared to traditional student loans, as they are typically unsecured loans. It’s important to compare interest rates and any associated fees across different lenders to choose the most affordable and competitive option for you.

4. Loan Eligibility: Lenders offering coding bootcamp loans may have specific eligibility criteria. They may consider factors such as your credit history, income, and employment prospects after completing the bootcamp. Some lenders also partner with specific bootcamps, so it’s worth checking if your bootcamp has any recommended lenders.

5. Borrow Responsibly: Before taking on a coding bootcamp loan, assess your financial situation and consider the potential return on investment. Research the job placement rates and average salaries of bootcamp graduates to make an informed decision about the loan amount you’re comfortable borrowing.

6. Prepare a Budget: Create a budget that incorporates your loan repayment plan. Ensure that you have a clear understanding of your monthly payments, interest accrual, and any other financial obligations during the loan term. Make sure to set aside funds for living expenses and emergencies as well.

7. Student Loan Forgiveness: While coding bootcamp loans may not be eligible for federal student loan forgiveness programs, there may be state-specific or industry-specific programs that can help reduce your loan burden. Research potential options and stay informed about any changes to loan forgiveness programs.

Coding bootcamp loans can provide the necessary funds to enroll in a bootcamp and kick-start your career in the tech industry. However, it’s important to carefully consider the terms, interest rates, and your ability to repay the loan. Compare different lenders, understand the total repayment amount, and ensure that taking on a loan aligns with your long-term financial goals.



Crowdfunding has become an increasingly popular way to raise funds for various endeavors, including financing coding bootcamps. Here’s how crowdfunding can help you finance your coding bootcamp:

1. Create a Compelling Campaign: Start by creating a crowdfunding campaign that clearly explains your goals, why you want to attend the coding bootcamp, and how it will benefit your career. Use persuasive language, compelling visuals, and personal anecdotes to engage potential donors.

2. Choose the Right Platform: Research different crowdfunding platforms, such as Kickstarter, GoFundMe, or IndieGoGo, to find the one that best aligns with your campaign. Consider factors such as fees, reach, and features offered by each platform.

3. Set an Achievable Funding Goal: Set a realistic funding goal that covers your coding bootcamp tuition, living expenses, and any other related costs. Make sure to clearly communicate your financial needs and how the funds will be used in your campaign.

4. Promote Your Campaign: Spread the word about your crowdfunding campaign through social media, email, and personal outreach. Utilize your network of friends, family, professional connections, and online communities to generate momentum and garner support for your cause.

5. Offer Incentives: Encourage people to donate by offering unique incentives or rewards based on the amount contributed. These can range from personalized thank-you notes and digital badges to exclusive coding tutorials or mentorship opportunities.

6. Share Your Progress: Continuously update your supporters on the progress of your coding bootcamp journey. Post regular updates, share testimonials, and highlight any achievements or milestones you’ve reached. This will keep your backers engaged and demonstrate the impact of their contributions.

7. Show Gratitude: Always express your appreciation and gratitude to your supporters. Thank them publicly on your crowdfunding page and reach out individually to express your sincere thanks. Building strong relationships with your donors can pave the way for future support.

Remember, crowdfunding is a competitive space, so it’s important to make your campaign stand out. Be authentic, transparent, and passionate about your coding bootcamp goals. While there are no guarantees, the power of the crowd can help you attain the financial support needed to pursue your coding aspirations.


Employer Tuition Reimbursement

Employer tuition reimbursement programs can be a valuable resource to help fund your coding bootcamp journey. Here’s how you can take advantage of this opportunity:

1. Research Employer Policies: Start by exploring your current employer’s policies on tuition reimbursement. Check if they have a formal program in place and what the requirements and limitations are. If you’re not currently employed, research potential employers who offer tuition reimbursement benefits.

2. Highlight Benefits for Your Employer: When approaching your employer about tuition reimbursement, emphasize the skills and knowledge you’ll gain from the coding bootcamp that directly align with your current role or future opportunities within the company. Explain how your enhanced skills can contribute to the organization’s success.

3. Create a Proposal: Develop a well-structured proposal that outlines the coding bootcamp you wish to attend, the cost of tuition, and the benefits your employer can gain from investing in your education. Provide details on how the reimbursement will be structured and any terms or conditions you are willing to agree upon.

4. Communicate Your Commitment: Demonstrate your commitment to the coding bootcamp by sharing a realistic plan of how you’ll balance your work responsibilities with the training. Assure your employer that you’ll fulfill your obligations and continue to contribute to your role while attending the bootcamp.

5. Take Advantage of Supportive Policies: Some employers may have policies that go beyond traditional reimbursement. They may offer flexible work schedules, time off for studying or attending classes, or resources to support your learning. Familiarize yourself with these policies and leverage them to enhance your coding bootcamp experience.

6. Establish a Return on Investment: Research the market demand for coding skills and showcase how the bootcamp will enhance your value as an employee. Explain how the skills you’ll acquire can positively impact your performance, contribute to new projects, or bring innovative solutions to existing challenges.

7. Meet HR and Budget Deadlines: Be mindful of any deadlines or budget constraints set by your employer’s Human Resources department. Submit your tuition reimbursement request well in advance and be prepared to provide any necessary documentation or proof of enrollment.

8. Keep Your Commitments: If your employer approves your tuition reimbursement, ensure that you fulfill all the requirements specified in the agreement. This may include achieving satisfactory grades, completing the coding bootcamp successfully, and fulfilling any post-bootcamp obligations, such as staying with the company for a certain duration.

Employer tuition reimbursement can be an excellent opportunity to advance your education while still maintaining job security. Research, prepare, and effectively communicate the benefits both you and your employer will gain from this investment in your coding skills.


Veteran Benefits

U.S. military veterans have access to a variety of benefits that can help finance their coding bootcamp journey. Here are some veteran benefits to consider:

1. GI Bill®: The GI Bill® provides educational benefits to eligible veterans. Depending on the specific program, the GI Bill® can cover a significant portion, if not all, of the tuition expenses for a coding bootcamp. Research the different GI Bill® programs and determine if you meet the requirements.

2. Vocational Rehabilitation & Employment (VR&E): The VR&E program offers comprehensive support services to veterans with service-connected disabilities. This program may cover the cost of a coding bootcamp as part of a rehabilitation plan aimed at helping veterans acquire the necessary skills for gainful employment.

3. State-specific Benefits: Some states may offer additional benefits or assistance to veterans pursuing education and training. Research the resources available in your state, such as tuition waivers, scholarships, or specialized programs that support veterans in their career endeavors.

4. Yellow Ribbon Program: The Yellow Ribbon Program is a supplementary component of the Post-9/11 GI Bill®. It helps cover the remaining tuition costs that exceed the GI Bill® benefits. Participating coding bootcamps may have agreements with the Yellow Ribbon Program to reduce or eliminate out-of-pocket expenses for eligible veterans.

5. Veterans Education Assistance Program (VEAP): VEAP is a voluntary contribution program in which service members could make contributions from their military pay to receive government matching funds. These funds can be used for various educational pursuits, including coding bootcamps.

6. Discuss with Veterans Affairs (VA): Reach out to the U.S. Department of Veterans Affairs or a VA representative who can provide guidance and assistance in utilizing your benefits effectively. They can help you understand the specific eligibility requirements and navigate the process of accessing the benefits you’re entitled to.

7. Military Spouse Support: If you’re a military spouse, there may be specific benefits available to you as well. Research programs such as MyCAA (Military Spouse Career Advancement Accounts) that offer financial assistance for career training and education.

It’s important to stay updated on changes to veteran benefits and requirements by regularly visiting the U.S. Department of Veterans Affairs website or consulting with a VA representative. Take advantage of the benefits you’ve earned through your military service and leverage them to finance your coding bootcamp journey.



Apprenticeships provide a unique opportunity to gain real-world experience and earn a salary while receiving training in a coding bootcamp. Here’s what you need to know about coding bootcamp apprenticeships:

1. Combining Work and Learning: Apprenticeships allow you to work as a junior developer or intern while attending a coding bootcamp. This hands-on experience complements your classroom training and provides practical skills that can accelerate your learning process.

2. Learning from Industry Professionals: During your apprenticeship, you’ll have the chance to work alongside experienced professionals in the coding industry. This exposure allows you to learn best practices, industry-specific tools, and gain insights that go beyond what can be taught in a classroom setting.

3. Financial Support: Many apprenticeship programs offer a salary or stipend to apprentices. This can help cover your living expenses during your coding bootcamp journey. The amount may vary depending on the program and the employer.

4. Networking Opportunities: Apprenticeships provide an excellent opportunity to expand your professional network. You’ll have the chance to connect with industry professionals, mentors, and potential future employers who can offer guidance and open doors for future career opportunities.

5. Long-term Employment Possibilities: Apprenticeships often serve as a stepping stone to full-time employment. If you perform well during your apprenticeship, there may be an opportunity for the company to hire you as a permanent employee once you complete your bootcamp training.

6. Understand the Expectations: Before entering an apprenticeship, make sure you understand the expectations and commitments involved. Clarify the duration of the apprenticeship, the scope of work, and the terms of compensation. Discuss any specific learning objectives you want to achieve during this time.

7. Apply to Coding Bootcamps with Apprenticeship Programs: Research coding bootcamps that offer apprenticeship programs or partnerships with companies that provide apprenticeship opportunities. These programs are specifically designed to bridge the gap between training and employment, providing a seamless transition into the industry.

Apprenticeships offer a valuable path to gain hands-on experience, receive practical training, and earn income while attending a coding bootcamp. Take the time to explore apprenticeship opportunities and find the program that aligns with your goals and provides the support you need during your coding journey.


Financial Aid

Financial aid options can help make coding bootcamps more accessible and affordable for individuals who may not have the financial means to cover the full cost of tuition. Here are some financial aid options to consider:

1. Grants: Some coding bootcamps offer grants or scholarships to qualifying students. These financial awards do not need to be repaid and can significantly reduce the overall cost of attending the bootcamp. Research bootcamps that provide grants, and carefully review their eligibility requirements and application process.

2. Loans: While coding bootcamp loans were discussed earlier, it’s important to recognize that loans are a form of financial aid, as they provide funds upfront that can be used for tuition expenses. Private lenders or coding bootcamp loan programs may offer loans with flexible repayment terms specifically tailored for bootcamp attendees.

3. Government Programs: Explore if there are government programs or agencies that provide financial assistance for coding bootcamps. In some cases, you may qualify for grants or loans through federal or state-funded initiatives aimed at promoting education and workforce development.

4. Income-based Repayment: Some coding bootcamp loan programs or lenders may offer income-based repayment plans. These plans adjust your monthly payments based on your income level, making it more manageable to repay the loan, especially during the early stages of your career.

5. Non-profit and Community Organizations: Look for non-profit organizations or community initiatives that provide financial aid for individuals seeking to attend coding bootcamps. These organizations may have specific criteria or focus on particular demographic groups, so research and inquire about their availability in your area.

6. Payment Plans: Many coding bootcamps offer flexible payment plans that allow you to spread out the cost of tuition over a longer period. This can help make the financial burden more manageable by breaking down the total cost into smaller monthly installments.

7. Workforce Development Programs: Check with local workforce development agencies or industry-specific programs that may provide financial assistance for individuals looking to upskill or transition into the tech sector. These programs often offer resources, grants, or training vouchers to support individuals in their career advancement.

When exploring financial aid options, carefully evaluate and compare the terms, such as interest rates, repayment requirements, and any additional fees associated with each option. Consider your financial situation and long-term goals to determine the best financial aid option that fits your needs.

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