What are the best loan options for coding bootcamps?

What are the best loan options for coding bootcamps?

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 bootcamp's success with your success.

What are the pros and cons of ISAs?

The pros include no upfront costs and payments based on your income, which can be manageable. The cons are that you may end up paying more than a traditional loan if you earn a high salary.

How do I apply for a loan for a coding bootcamp?

To apply for a loan, you typically need to research lenders, gather necessary documents like income proof, and fill out an application. Many bootcamps also have partnerships with lenders to streamline the process.