10 Coding Boot Camps That Defer Tuition Until You Find a Job

coding boot camps

If you’re struggling to make ends meet in your current line of work, you’ve probably considered switching to a tech career at some point.

One popular way to make the leap into a lucrative career in web or software development? A coding boot camp.

But coding boot camp tuition costs an average of $11,451; it’s not a cheap option for many of us. Fortunately, some boot camps have introduced a solution known as “deferred tuition.”

Here’s everything you need to know about this new policy, plus a list of short-, medium- and long-term deferred tuition boot camps.

What are deferred tuition coding boot camps?

Deferred tuition coding boot camps don’t require you to pay for your education until you find a job – after which they ask for a percentage of your salary. This concept is also called “income sharing.”

“Deferred tuition schools reduce the barrier to entry for students who can’t afford $15,000 to $20,000 up front in tuition, which means more diverse applicant pools – and that’s always a good thing!” said Liz Eggleston, co-founder of Course Report, an expansive hub of coding boot camp information and reviews.

Since schools don’t get paid unless you find a job, it gives them a strong incentive to offer a solid education.

“It aligns the incentives and risks of the boot camp with those of their students,” explained Eggleston.

Although it sounds like a win-win scenario, there are a few things to be aware of when it comes to deferred tuition coding boot camps:

  • You must qualify for deferred tuition; requirements vary based on the school.
  • You’ll still need to cover your living expenses.
  • Some require an upfront deposit to ensure you won’t back out; at most schools, it will be applied to your deferred tuition once you land a job.

Eggleston also warned: “Because a school only gets paid when a student is placed in a job, students should expect to be held to a high standard in class. Think regular assessments you can’t fail without being asked to leave. So attrition is higher.”

If that won’t work for you, there are other ways to afford a coding boot camp: You can look into boot camp loans with companies such as Pave or Earnest, or into scholarships for underrepresented populations.

Whatever you do, be sure to research a boot camp before applying, as quality varies widely. Some boot camps offer low-quality instruction, while others inflate the numbers of graduates who’ve been hired after graduation.

Searching for reviews on Course Report and SwitchUp, as well as talking to a boot camp’s alumni, should help you determine if it’s legitimate or not.

Short-term deferred tuition coding boot camps

The three choices below are traditional coding boot camps: Short-term commitments where you give it your all (80 hours a week).

1. App Academy

Probably the most well-known of the deferred tuition boot camps, App Academy offers 12-week programs in New York and San Francisco.

You’ll focus on Ruby on Rails and JavaScript, a course of study the academy claims has contributed to its 98 percent job placement rate.

Deferred tuition: 27 or 22 percent of your first year’s salary, depending on your deposit

Deposit: $2,000 or $5,000

2. Viking Code School

Viking Code School has a great reputation – it’s extraordinarily selective, only accepting three percent of applicants for its 12-week remote program.

Its full-stack developer track teaches HTML, CSS, Git, Ruby, Ruby on Rails, SQL, JavaScript, and AngularJS. If you don’t find a job within six months of graduating, you won’t pay anything.

Deferred tuition: 20 percent of first year’s salary, payable over six months

Deposit: $2,000

3. The Grace Hopper Program

With the goal of reducing tech’s gender gap, The Grace Hopper Program is a women-only subset of Fullstack Academy.

The program, which focuses on full-stack JavaScript, consists of a four-week remote class followed by 13 weeks of in-person training in New York City.

Deferred tuition: $19,610, paid in nine monthly installments after finding a developer job

Deposit: $3,000 (refunded if you don’t find a job within a year of graduating)

Medium-term deferred tuition coding boot camps

Longer than a boot camp, but much shorter than a traditional university, here are three innovative options for learning to code.

4. Ada Developers Academy

Created for women and non-binary people, Seattle’s Ada Developers Academy is technically not tuition-deferred; it’s tuition-free.

Its full-time classroom training focuses on Ruby on Rails for six months and is followed by a five-month paid internship. You can also apply for a low-interest loan to help with living expenses.

Deferred tuition: $0

5. C4Q

C4Q wants to bring more diversity to the field of programming. Its Access Code program lasts 10 months and offers three tracks: full-stack web, iOS, or Android.

To apply and attend C4Q, you must be a resident of the New York metropolitan area and earn no more than $45,000 per year. Women, underrepresented minorities, and those without a college degree are encouraged to apply.

Deferred tuition: 18 percent of first year’s salary

6. Learners Guild

Learners Guild is a 10-month, tuition-deferred “learning collective” located in Oakland.

Not only is its approach unique, its practices are, too. For instance, you can opt to receive a $1,500 living stipend each month – and, if you don’t make at least $50,000 upon graduating, you won’t have to pay any tuition.

Deferred tuition: 12.5 percent of your gross salary for the first three years of employment, or up to 21.5 percent if you received a living stipend

Long-term coding schools

More like alternatives to universities, the coding schools below last for two years. Unlike with traditional universities, though, you’ll most likely graduate without any student loan debt.

7. Holberton School

The Holberton School is located in San Francisco. Its two-year curriculum consists of nine months of on-site training, a six-month paid internship, and lastly, six months of on-site or remote learning.

Deferred tuition: 17 percent of your salary during your internship and three years of paid work

8. Make School

At Make School’s two-year “Product College” in San Francisco, you can focus on either mobile or web development. You won’t need to pay anything until you land a paid internship, followed by a job.

Deferred tuition: 25 percent of gross salary during your internship and three years of paid work

9. CODE University

CODE is an alternative bachelor’s program in Berlin that offers three different tracks: software engineering, interaction design, and product management. You graduate when you’ve achieved proficiency (a minimum term of 1.5 years).

Although no deposit is required, non-EU residents will likely have to show a hefty savings account (€8,500) to obtain a visa.

Deferred tuition: 6.5-8.5 percent of relevant income over €21,000 for 10 years, or €747 for 36 months

10. 42

This university made big waves when it opened last year in Silicon Valley. Funded by a French billionaire, 42 has no classes, no professors, and no grades.

Its coding curriculum takes three to five years to complete, including a mandatory internship. It charges no fees and no tuition, but you will have to cover your living expenses.

Deferred tuition: $0

Is a coding boot camp right for you?

It’s easy to see why coding boot camps are a booming business.

According to a Course Report survey, 73 percent of 1,143 self-selected boot camp graduates were employed in a full-time tech job – with an average salary increase of 64 percent, or $26,021.

And the Bureau of Labor Statistics predicted demand for web developers and software developers would grow by 27 percent and 16 percent, respectively, between 2014 and 2024.

That being said, boot camps aren’t for everybody. Before diving in, make sure you actually enjoy coding by taking free classes online.

Also, if you do decide to apply, research schools carefully – and don’t forget to check out deferred tuition coding boot camps like the ones above.

Interested in a personal loan?

Here are the top personal loan lenders of 2018!
LenderRates (APR)Loan Amount 
1 Includes AutoPay discount. Important Disclosures for SoFi.

SoFi Disclosures

  1. Terms and Conditions Apply: SOFI RESERVES THE RIGHT TO MODIFY OR DISCONTINUE PRODUCTS AND BENEFITS AT ANY TIME WITHOUT NOTICE. To qualify, a borrower must be a U.S. citizen or permanent resident in an eligible state and meet SoFi’s underwriting requirements. Not all borrowers receive the lowest rate. To qualify for the lowest rate, you must have a responsible financial history and meet other conditions. If approved, your actual rate will be within the range of rates listed above and will depend on a variety of factors, including term of loan, a responsible financial history, years of experience, income and other factors. Rates and Terms are subject to change at anytime without notice and are subject to state restrictions. SoFi refinance loans are private loans and do not have the same repayment options that the federal loan program offers such as Income Based Repayment or Income Contingent Repayment or PAYE. Licensed by the Department of Business Oversight under the California Finance Lender Law License No. 6054612. SoFi loans are originated by SoFi Lending Corp., NMLS # 1121636. (www.nmlsconsumeraccess.org)
  2. Personal Loans: Fixed rates from 5.49% APR to 14.24% APR (with AutoPay). Variable rates from 5.29% APR to 11.44% APR (with AutoPay). SoFi rate ranges are current as of December 1, 2017 and are subject to change without notice. Not all rates and amounts available in all states. See Personal Loan eligibility details. Not all applicants qualify for the lowest rate. If approved for a loan, to qualify for the lowest rate, you must have a responsible financial history and meet other conditions. Your actual rate will be within the range of rates listed above and will depend on a variety of factors, including evaluation of your credit worthiness, years of professional experience, income and other factors. Interest rates on variable rate loans are capped at 14.95%. Lowest variable rate of 5.29% APR assumes current 1-month LIBOR rate of 1.34% plus 4.20% margin minus 0.25% AutoPay discount. For the SoFi variable rate loan, the 1-month LIBOR index will adjust monthly and the loan payment will be re-amortized and may change monthly. APRs for variable rate loans may increase after origination if the LIBOR index increases. The SoFi 0.25% AutoPay interest rate reduction requires you to agree to make monthly principal and interest payments by an automatic monthly deduction from a savings or checking account. The benefit will discontinue and be lost for periods in which you do not pay by automatic deduction from a savings or checking account.

2 Important Disclosures for Citizens Bank.

Citizens Bank Disclosures

  1. Personal Loan Rate Disclosure: Variable rate, based on the one-month London Interbank Offered Rate (“LIBOR”) published in The Wall Street Journal on the twenty-fifth day, or the next business day, of the preceding calendar month. As of August 1, 2017, the one-month LIBOR rate is 1.23%. Variable interest rates range from 6.02% – 15.97% (6.02% – 15.97% APR) and will fluctuate over the term of your loan with changes in the LIBOR rate, and will vary based on applicable terms and presence of a co-applicant. Fixed interest rates range from 5.99% – 16.24% (5.99% – 16.24% APR) based on applicable terms and presence of a co-applicant. Lowest rates shown are for eligible applicants, require a 3-year repayment term, and include our Loyalty and Automatic Payment discounts of 0.25 percentage points each, as outlined in the Loyalty Discount and Automatic Payment Discount disclosures. Subject to additional terms and conditions, and rates are subject to change at any time without notice. Such changes will only apply to applications taken after the effective date of change.
  2. Loyalty Discount: The borrower will be eligible for a 0.25 percentage point interest rate reduction on their loan if the borrower has a qualifying account in existence with Citizens Bank at the time the borrower has submitted a completed application authorizing us to review their credit request for the loan. The following are qualifying accounts: any checking account, savings account, money market account, certificate of deposit, automobile loan, home equity loan, home equity line of credit, mortgage, credit card account, student loans or other personal loans owned by Citizens Bank, N.A. Please note, Citizens Bank checking and savings account options are only available in the following states: CT, DE, MA, MI, NH, NJ, NY, OH, PA, RI and VT. This discount will be reflected in the interest rate and Annual Percentage Rate (APR) disclosed in the Truth-In-Lending Disclosure that will be provided to the borrower once the loan is approved. Limit of one Loyalty Discount per loan, and discount will not be applied to prior loans. The Loyalty Discount will remain in effect for the life of the loan.
  3. Automatic Payment Benefit: Borrowers will be eligible to receive a 0.25 percentage point interest rate reduction on their student loans owned by Citizens Bank, N.A. during such time as payments are required to be made and our loan servicer is authorized to automatically deduct payments each month from any bank account the borrower designates. Discount is not available when payments are not due, such as during forbearance. If our loan servicer is unable to successfully withdraw the automatic deductions from the designated account three or more times within any 12-month period, the borrower will no longer be eligible for this discount.
7.39% - 29.99%$1,000 - $50,000Visit Upstart
5.29% - 14.24%1$5,000 - $100,000Visit SoFi
8.00% - 25.00%$5,000 - $35,000Visit Payoff
5.99% - 16.24%2$5,000 - $50,000Visit Citizens
5.99% - 35.89%$1,000 - $40,000Visit LendingClub
5.25% - 14.24%$2,000 - $50,000Visit Earnest
Advertiser Disclosure

Student Loan Hero Advertiser Disclosure

Our team at Student Loan Hero works hard to find and recommend products and services that we believe are of high quality and will make a positive impact in your life. We sometimes earn a sales commission or advertising fee when recommending various products and services to you. Similar to when you are being sold any product or service, be sure to read the fine print, understand what you are buying, and consult a licensed professional if you have any concerns. Student Loan Hero is not a lender or investment advisor. We are not involved in the loan approval or investment process, nor do we make credit or investment related decisions. The rates and terms listed on our website are estimates and are subject to change at any time. Please do your homework and let us know if you have any questions or concerns.