Unlocking Access to Coding Careers: Tuition Options at LEARN academy

April 5, 2023
T.J. Kidder

At LEARN academy, we’re committed to making coding education accessible to everyone, regardless of their financial situation. We understand that financing can often be a significant hurdle for many students, so we’re dedicated to providing multiple financing options to help our LEARNers achieve their goals and pursue a fulfilling career in tech.

In this blog post, we’ll discuss the various tuition options we offer at LEARN academy.

Scholarship Opportunities at LEARN Academy

At LEARN academy, we’re passionate about breaking down barriers and making coding education accessible to everyone, regardless of their background or financial situation. That’s why we offer partial scholarship opportunities for eligible students.

We understand that certain groups, such as women and underrepresented minorities, have historically faced barriers to entry into the tech industry. By offering partial scholarships, we’re taking a proactive step toward making the industry more inclusive and diverse. We must create opportunities for talented individuals from all backgrounds to pursue their dream careers in tech, and we’re committed to doing our part to make that happen.

Women’s Coding Scholarship

The Women’s Coding Scholarship awards up to $2,000 towards the tuition for our coding bootcamp program. This scholarship is designed to encourage more women to enter the tech industry. Women who are passionate about pursuing a career in tech but face financial constraints that prevent them from attending a bootcamp are encouraged to apply for this scholarship.

Diversity Coding Scholarship

The Diversity Coding Scholarship supports individuals from underrepresented groups interested in pursuing a career in tech. This scholarship provides up to $2,000 towards the tuition cost for our coding bootcamp program. This scholarship aims to create a more inclusive tech industry and promote equal opportunities for all aspiring coders.

Benefits of Applying for a Scholarship Opportunity

Reduced financial burden: A partial scholarship of up to $2,000 alleviates some financial strain, making a coding bootcamp and new career path more accessible.
Democratizing Education: By offering scholarships to individuals from underrepresented groups, we strive to dismantle barriers and make coding education accessible to a broader range of people, irrespective of their background.
Expanded opportunities: Lower tuition costs can open up expanded opportunities for students, granting access to resources they may not have had before, thereby supporting their career transition in new ways.

‘Pay as you go’ Plan through Climb Credit

Another financing option we offer is our ‘Pay as you go’ plan through Climb Credit. This payment plan allows learners to make payments towards their tuition throughout the Four-Month Intensive coding bootcamp. You can make four recurring payments without fees using a debit card, credit card, or bank transfer. The first payment is due upon enrollment, and the following payments are processed automatically every 30 days. This payment plan also requires a $500 deposit, making it an excellent option for students who want to avoid interest and loan fees and pay over time instead of upfront.

Benefits of Paying through Climb Credit

Flexibility: The ‘Pay as you go’ plan allows you to spread your tuition payments throughout the bootcamp, making it more manageable and less financially burdensome than paying the entire amount upfront.
No Hidden Fees: Climb Credit’s ‘Pay as you go’ plan does not include additional fees, allowing you to pay for your education without worrying about unexpected costs.
Automatic Payments: With automatic payments every 30 days, you can focus on your coding education without the stress of remembering to make manual payments.
Financial Flexibility: By breaking down the tuition cost into smaller monthly payments, you can better manage your cash flow and allocate resources to other living expenses during the bootcamp.

Loan Partners

Meritize Loan

One of the financing options we provide is a loan through our partner, Meritize. Meritize works with students, educators, and employers to help people excel in skills-based careers. They understand that a credit score only tells part of the story. They also consider your past achievements when determining your loan options. Meritize offers fixed and variable interest rates, flexible payment options, and customer support six days a week. Plus, if you sign up for autopay, you can receive a 0.25% interest rate deduction. Checking your loan options with Meritize is easy and won’t impact your credit score. Meritize will request your academic or military experience to finalize your application if you qualify.

Loans from Other Credit Unions or Banks

Some students may prefer to explore loans from their credit unions or banks. This option allows students to choose a financial institution they are familiar with and trust. When considering this option, it’s essential to research interest rates, repayment terms, and any additional fees associated with the loan. Also, remember that the loan application process and approval times may vary depending on the financial institution.

Benefits of Paying Through a Loan

Defer Payments until Graduation: Meritize supports your career transition by allowing you to defer your loan payments until after graduation. This gives you the flexibility to focus on your studies and career goals without worrying about immediate repayment.
Manageable Monthly Payments: Loans allow you to break down the tuition cost into manageable monthly payments, making it easier to budget and plan your educational expenses.
Build Credit History: By responsibly repaying your loan, you can establish a positive credit history, which can benefit future financial endeavors such as purchasing a home or a car.
Invest in Your Future: Taking out a loan to pay for your coding education is an investment in your future career. With the high demand for skilled programmers, the potential return on investment in increased earning potential can be significant.

Paying Out of Pocket

While we understand that paying out of pocket may not be the most accessible option for many students, it’s still an option that some may choose. If you have the financial means and prefer to avoid loans or payment plans, you can pay the full tuition upfront. This payment method allows you to focus on your education without the concern of making monthly payments or accruing interest.

Benefits of Paying Out of Pocket

No Loans or Interest: By paying for your tuition upfront, you can avoid taking out loans and accumulating interest over time. This means that once you complete your coding bootcamp, you will not have any outstanding financial obligations related to your education.
Peace of Mind: Paying out of pocket can provide peace of mind, knowing that your education is fully paid for and that you can concentrate on developing your coding skills without worrying about future payments or debt.
Financial Planning: If you pay out of pocket, it may be easier to plan your finances during the bootcamp. With no monthly payments, you can allocate your resources to other living expenses and focus on your education.

VetTec Program

LEARN academy is proud to offer eligible students the Vet Tec program as another financing option. This program is specifically designed for U.S. military veterans looking to acquire new skills and advance their careers in the tech industry.

What is the Vet Tec Program?

The Veteran Employment Through Technology Education Courses (VET TEC) program is an initiative by the U.S. Department of Veterans Affairs (VA) that provides financial assistance to veterans interested in pursuing high-tech training programs. This program aims to help veterans gain in-demand skills and transition to rewarding careers in the tech sector.

How does the Vet Tec Program work at LEARN academy?

If you are a veteran eligible for the VET TEC program, you can use these funds to cover the tuition cost for our coding bootcamp program. In addition, the program offers financial support and ensures a smooth transition into the tech industry by providing additional resources, such as career counseling and networking opportunities.

To apply for the Vet Tec program, you’ll need to follow the steps outlined by the VA, which include submitting an online application and obtaining a Certificate of Eligibility (COE). Once approved, you can use the funds to finance your coding education at LEARN Academy.

Benefits of using the Vet Tec program at LEARN academy

Financial support: The program covers the tuition cost for our coding bootcamp, easing the financial burden and allowing you to focus on acquiring valuable coding skills.
Smooth transition: The VetTec program offers financial support and ensures a smooth transition into the tech industry by providing additional resources and networking opportunities.
Skill development: The program empowers veterans to build the in-demand skills necessary to excel in today’s rapidly growing tech sector.
Access to industry-leading education: LEARN academy’s coding bootcamp offers comprehensive, live-remote training, equipping veterans with the knowledge and expertise required for a successful web development and technology career.

Combining Scholarship and Financing Opportunities

At LEARN academy, we understand that every student’s financial situation is unique. That’s why we provide the flexibility to combine scholarship and financing opportunities to make your coding education more affordable.

While you cannot combine multiple scholarship opportunities, you can use a scholarship to supplement other financing options. For example, suppose you are awarded a scholarship. In that case, you may use it towards your tuition and combine it with a loan or other financing partner, provided you are also approved for these options. This combination can reduce the financial burden and make attending our coding bootcamp more manageable.

Alternatively, you may use a scholarship and pay the remaining difference out of pocket. This allows you to avoid additional loans or payment plans and still benefit from the financial support provided by the scholarship.

It’s important to note that you cannot combine the VetTec program with other scholarship or financing opportunities at LEARN academy. Therefore, if you choose to use the VetTec program to finance your coding education, you will not be eligible for additional scholarships or financing options.

By offering the flexibility to combine scholarship and financing opportunities, LEARN academy strives to make coding education accessible and affordable for everyone, regardless of their financial situation.

Conclusion

In conclusion, we’re dedicated to making coding education accessible to everyone. Our diverse financing options, including loans, payment plans, scholarships, and the opportunity to pay out of pocket, ensure our students receive the support and flexibility they need to succeed in the tech industry. By working together, we can cultivate a diverse and innovative community of professionals who will shape the future of technology.

If you’re considering a coding bootcamp and want to learn more about the financial options available and which ones you qualify for, don’t hesitate to contact us. We’re your partners in this new career path and here to help guide you toward the best decision for your unique circumstances.

No matter where you’re located or what your career goals are, our online full stack program is the perfect choice to support your career transition. Whether you’re in Portland, Oregon, looking for the best online coding bootcamp option, or aiming to pivot to one of San Diego’s top tech companies, we’ve got you covered.

Our program offers various tuition options to suit your individual needs. Our team members are always available to provide more information and help you determine the best path forward in your journey toward a rewarding career in technology. Don’t hesitate to reach out and take the first step toward your dream career!