Some coding bootcamps offer a scholarship that pays for full or partial tuition with an extra living stipend. Now, let’s look at how stipends work differently for different coding bootcamps. Government Stipends vs Living Stipends at Coding Bootcamp So make sure to check with your coding bootcamp program to review the details if you get a stipend. Lastly, every program has its own rules and policies for its stipend options. This is simply a stipend meant to cover or lessen bootcamp living expenses so you can focus on your studies. If you are receiving a stipend from a coding bootcamp, you are not an employee of the bootcamp. Above all, a stipend is not a wage and does not fund the entire cost of attending a bootcamp. These are typically given as a monthly payment, although some bootcamps may have a different schedule. An educational stipend is a fixed, regular sum of money given to a student in exchange for work. What Exactly Is a Coding Bootcamp With Living Stipend? A coding bootcamp with living stipend might just be the right option for you.Ī coding bootcamp with living stipend options is essentially a coding bootcamp that pays you. We’ll even cover coding bootcamp scholarships, too. Sounds too good to be true, doesn’t it? Read on to learn more about coding schools that pay you a living stipend, and how these can help you cover the cost of bootcamp living expenses and find your dream job. Other bootcamps, like App Academy, offer rotating scholarships. They will be adding more cities later this year. In 2019, Thinkful rolled out $1,500/month living stipends to its students in Atlanta, Denver, and Minneapolis. Plus, you only pay them back if you land a job that pays at least $50,000 a year. Read more about the program and the eligibility requirements on Lambda School’s (BloomTech’s) blog post on its website. Lambda School (BloomTech) will issue up to $300,000 in scholarships to qualifying candidates. In fact, Lambda School, now known as BloomTech, offers the Unlocking Potential Scholarship, a program designed to help make their training programs more financially accessible to women, Black, Latinx, and Native American people considering a career in software development. One thing that can help is finding a coding bootcamp with living stipend program options. Although it might not be as costly as an undergrad degree, it’s still quite a bit of dough. Whether you attend in-person in San Francisco or online, coding bootcamps like Hack Reactor and App Academy can be expensive and typically range from $9,000 to $21,000.
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