Funding, fund my studies, how can I fund my studies, how do you pay for bootcamp?, Can you get a study loan for a bootcamp?

How to fund your coding bootcamp

Funding your coding bootcamp can be tricky. However, at HyperionDev, we’ve got a range of options for you to fund your tech skills education, from scholarships and payment plans to work sponsorships and study loans from our financing partners.

Posted by

So you’ve made your decision. You’ve been checking out our online coding bootcamps, and have decided to become a software engineer, full stack web developer, or data scientist on a mentored, intensive bootcamp. There’s just one final obstacle in the way: how do you pay for it?

Here are some ways that can fund most or even all of your coding bootcamp. 

 

Payment plans to save on tuition fees

At HyperionDev we offer a variety of payment plans, from paying the full amount upfront (with an added discount), to paying a monthly fee, to paying your bootcamp fees in agreed installments. Make sure you speak to your admissions consultant about all your available options, so that you can make the best financial decision for you. 

HyperionDev offers several payment plans that make it easier to manage the cost of a bootcamp, with significant discounts on upfront or full payments. 

 

Bursaries and Scholarships

Scholarships and bursaries can reduce or even totally eliminate the cost of your coding bootcamp. At HyperionDev we offer merit-based scholarships for students from the US, UK and South Africa, making our bootcamps that much more accessible to those who would otherwise be left out.

You could be eligible for a partial scholarship for your coding bootcamp, so be sure to check our website or speak to an admissions consultant about how our scholarships work.

 

Work sponsorships

If you’re planning on doing your coding bootcamp while working, it could be a good idea to talk to your boss or manager. There are many benefits to employers  to invest in their employees’ skills.

Companies understand that long-term skills development is cheaper than cold hiring to fill positions. It’s cheaper and simpler for your employer to pay for someone who they know and trust to upskill and move into a developer role, than spending months and thousands of rand on the often months-long hiring process for a brand-new software engineer.

If you can demonstrate how your upskilling will be of direct benefit to the company, very often your boss will agree to pay for some of it. Businesses want to develop you. It’s better retention, future-proofing their workforce, and it carries tax rebates for skills development. 

 

Get a study loan from our funding partners

To make our affordable coding bootcamps even more accessible, we’ve recently launched brand-new partnerships with financial services providers to fund up to 100% of your bootcamp, repaid in a payment plan that fits your career plans. 

With our funding partners Student Hero and Fundi, you can finance up to 100% of your bootcamp and pay it back over up to 36 months, cutting down the cost of your bootcamp to as little as R790 per month.

 

How to get funding through Student Hero

Student Hero loans pay for your bootcamp in full, and allow you to repay this amount over a period of 10 to 12 months. With Student Hero, you can get your bootcamp paid for as long as you are currently employed or have a sponsor during your period of study. You can apply for funding under your own name only if you are currently employed and will remain employed while studying, 

To apply for Student Hero, simply choose your bootcamp and complete any necessary applications for your chosen study path. 

You’ll need to provide:

  • A copy of your Identity Document and/or your sponsor’s Identity Document
  • Proof of Residence for you or your sponsor
  • The latest payslip for you or your sponsor
  • The latest 3-month bank statement for you or your sponsor

Once you’ve completed this process, you can simply apply for a Student Hero loan through your payment dashboard, by clicking on the Student Hero partner icon on your bootcamp course page or by contacting your personal admissions consultant. 

For more information on how Student Hero funding works and so see if you qualify, visit the Student Hero website at https://www.studenthero.co.za/ or contact one of our Admissions consultants

 

How to get funding through Fundi

Fundi pays all your bootcamp fees upfront, meaning your fees are settled in full so you can focus on learning. Repayments on your loan will be made monthly, in installments over a period of up to 36 months. Fundi can also be used to purchase laptops and other hardware needed for you to finish your studies.

To apply for Fundi, simply choose your bootcamp and complete any necessary applications for your chosen study path. 

You’ll need to supply Fundi with the following documents in your application:

  • A copy of your Identity Document.
  • Your proof of residence,
  • The latest payslip of the person who is taking the out loan.
  • An up-to-date 90-day bank statements of the person who is taking out the loan
  • Proof of tuition costs of your institution

Once you’ve completed this process, you can simply apply for a Fundi loan through your payment dashboard, by clicking on the Fundi partner icon on your bootcamp course page, or by contacting your HyperionDev admissions consultant.

Fundi is only available to students based in South Africa, and is subject to certain eligibility criteria. For more information on how Fundi funding works, and to see if you qualify, visit the Fundi website at www.fundi.co.za or contact one of our Admissions consultants.

 

 

Often our goals might seem out of our reach, especially with tight budgets and increasingly uncertain times. However, there are a multitude of available paths to that goal. Keep looking, keep persevering, and your goals will be an inch closer every day.

If you want to learn coding to become a web developer, software engineer, or data scientist, and can’t figure out how you’ll pay for it, please don’t hesitate to contact one of our admissions consultants to discuss the financing options available to you for your coding education. 

Leave a Reply

Your email address will not be published. Required fields are marked *