Getting a study loan can be a confusing mountain of paperwork, fine print, and legalese. However, with our latest financing partners Student Hero and Fundi you can quickly and easily apply to get up to 100% of your bootcamp financed upfront. That means less time spent worrying about making your monthly tuition payments, budgeting this expense into your salary while you work, and more freedom to focus on what’s important: learning to code and developing practical, job-ready developer skills for your tech career.
Our funding partners are the ideal choice for working professionals who are looking to upskill or even launch into a new career in tech.
Here’s how financing with Student Hero and Fundi works at HyperionDev.
How Student Hero loans and financing works
Student Hero is a simple and quick way of paying for your coding bootcamp at a highly advantageous interest rate.
Student Hero’s financing works in close conjunction with South African banks: they apply for financing on your behalf (or on behalf of your sponsor, for example your parents, family, employer, or other financial supporter), which gives them a highly regulated structure with great interest rates over other financing providers.
Based on your income and the other information you supply, Student Hero and the bank will structure a payment plan that best fits you. They’ll pay for your entire bootcamp upfront, so that you can study with peace of mind. Once you graduate, you can repay the tuition over a period of 10 months to a maximum of 5 years.
Best of all, your application for financing is quick and easy, and will be approved in around 7 working days.
What you need to apply for a Student Hero loan
To apply, simply choose your bootcamp and complete any necessary applications for your chosen study path. Once you’ve completed this process, you can apply for Student Hero funding through your payment dashboard, by clicking on the Student Hero partner icon on your bootcamp course page or by contacting any one of our admissions consultants.
To complete your application, you’ll need the following documents:
- A copy of your Identity Document and/or your sponsor’s Identity Document
- Proof of Residence for you or your sponsor
- Latest Payslip for you or your sponsor
- Latest 3-month bank statement for you or your sponsor
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 you can speak to one of our Admissions consultants.
How Fundi loans and financing works
Fundi is a student loan provider that is funded through South Africa’s national treasury with the aim of improving access to further education and training.
Fundi pays all your bootcamp fees upfront, meaning your fees are settled in full so you can focus on learning. It’s not just fees, however: Fundi can also be used to purchase the laptop and other hardware/devices you need to complete your coding bootcamp.
Fundi’s funding covers full bootcamp fees with flexible repayment terms of 3 to 36 months. This allows students to concentrate on completing their bootcamp, earning the skills that will improve their earning potential and enable a faster loan settlement.
What you need to apply for a Fundi loan
To apply for Fundi, simply choose your HyperionDev bootcamp and complete any necessary applications for your chosen study path. Once you’ve completed this process, you can 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 personal admissions consultant.
To complete your Fundi application, you’ll need to supply the following documents:
- A copy of your Identity Document.
- Your proof of residence.
- Latest payslip of the person who is taking the out loan.
- Three months bank statements of the person who is taking out the loan.
- Proof of university costs.
At HyperionDev, we understand the barriers and challenges that stand in the way of getting a world-class tech education. Since our grassroots origins as a mentor network, to our rise as southern Africa’s largest provider of tech education, we’ve actively worked to make an essential tech skills education affordable and accessible to all, with no need for hundreds of thousands of rands in tuition, years of study, previous coding experience, or even a matric.
If you’d like to explore your funding options with a person who cares about your access to a great coding education, please contact one of our admissions consultants. They’ll help you to navigate all your options when it comes to funding your coding bootcamp.