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Best Coding Bootcamp Student Loan Options

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Coding bootcamp student loan options are a bit different than traditional college loan options.

Coding bootcamps may help you land a higher-paying job — in fact, you might learn enough in 8-12 weeks to change your career forever — but these technical training programs, while short in duration, can be very expensive.

Unfortunately, most coding bootcamps are not eligible for federal student loans. However, some private lenders offer financing options to help cover the costs of bootcamps. We’ll introduce some of the best coding bootcamp student loan options to help you find the right financing solution for your needs.

Loans for coding bootcamps

Federal student loans don’t cover the cost of coding bootcamps, and many private student loan lenders require students to be enrolled full-time at a Title IV institution, excluding many potential lenders.

But there are several lenders that offer loans to bootcamp students. Here are some options to consider:


Ascent offers bootcamp loans to students at a variety of schools. It’s worth noting that these are consumer loans, not student loans.

Lenders require you to work with one of a number of partner schools, which they vet to ensure it’s a legitimate educational experience. If you’re accepted into a bootcamp at an approved school, you can apply for a loan with Ascent. If your loan is approved, Ascent will send your tuition directly to the school. If you borrowed funds for living expenses, the funds will be sent directly to you.

APRs vary by school, but you can borrow anywhere from $2,000 to $40,000. The funds can be used for both tuition and living expenses for the duration of your program.

Learn more in our Ascent student loan review.

Ascent Student Loan Logo

Crime Credit

Crime Credit We offer coding bootcamp loans to students at over 160 accredited schools. When you apply with Climb Credit, you’ll find out if you’re approved in just a few minutes.

You can use this money to cover your tuition and living expenses. During your repayment period, you can choose a lower repayment amount for the first six months and a higher repayment amount for the remaining loan term. This gives you some breathing room to find a new job.

Crime Credit Logo

Other ways to pay for coding bootcamps

If you’re interested in coding bootcamps but aren’t convinced by the options above, there are other funding avenues to consider.

Payment Plans

Some coding schools offer tuition payment plans, allowing you to split the total cost of the program into monthly payments into a more manageable amount. If paying the full amount up front is difficult, looking for a payment plan might work for you.

save money

In an ideal world, you’d have enough money saved up to cover your entire tuition costs. Of course, saving for education is easier said than done. But paying up front could save you thousands of dollars in interest.

One way to save money is to increase your income for a specific period of time. For example, if you can start a side hustle for a few months, rolling that money over into a high-yield savings account set aside for your bootcamp could make a big difference.

Revenue Sharing Agreement

An income share agreement is a type of financial contract in which you promise to pay a certain percentage of your future income over a certain period of time.

Some bootcamps offer this option, and the contract will outline exactly how long you have to share your income for, how much you’ll share, and what income level you must reach before you’ll be required to share any portion of your income.

While this option allows you to cover expenses without going into debt, you may end up regretting sharing your income in the long term. Make sure you are completely comfortable with this arrangement before going ahead.

Personal Loans

Personal loans can be used to cover a variety of expenses, including bootcamp tuition and living costs. Personal loans tend to have higher interest rates and shorter repayment periods, but borrowers with high credit scores may be able to find exactly what they need through this type of loan.

If you’re considering a personal loan, consider these top lenders.


Coding bootcamps can change the trajectory of your career. With the potential to boost your income, getting an education in technology may be the right choice.

With your increased income, make a plan to create a brighter financial future. This can include paying off high-interest debt, building an emergency fund with several months’ worth of expenses, investing for retirement, etc. Of course, you can also use some of your new income to make meaningful changes to your lifestyle.

Related article:

Student Choice Student Loan Review: Pros and Cons
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