What are my loan options for a coding bootcamp?

What are my loan options for a coding bootcamp?

There are several loan options available for coding bootcamps, including federal student loans, private loans, and income share agreements. Would you like to know more about a specific type?

Can you explain income share agreements?

Sure! An income share agreement (ISA) allows you to pay a percentage of your future income for a set period after you graduate, instead of paying upfront. It's a way to align the cost of education with your future earnings.

What are the pros and cons of taking a private loan?

Private loans can offer higher borrowing limits and flexible repayment options, but they often come with higher interest rates and less favorable terms compared to federal loans. It's important to compare options carefully.

How do I apply for a federal student loan?

To apply for a federal student loan, you need to fill out the Free Application for Federal Student Aid (FAFSA). This will determine your eligibility for federal loans and grants.