What is Deferred Tuition?
Loans are available with deferred payment options. You can defer payments up until 9 months post-graduation.
Does financing impact my credit score?
In the pre-qualification process, a soft credit check is conducted with no impact to your credit score. In addition to learning more about your eligibility, you can also see the rates and terms you pre-qualify for. If you choose to move forward with your loan terms, a hard credit pull is required.
Do I have to pay a deposit if I choose to finance?
No, if you choose to finance your tuition, you will not be required to pay a deposit.
When do I have to pay back my loan?
You can defer payments up until nine months post-graduation.
What Scholarships are available?
We offer over $10,000 in scholarships to qualified applicants every quarter. In addition, one student will receive a full-tuition scholarship each quarter for either the full-time or part-time program.
How do I qualify for scholarships?
All scholarship applications must be submitted through an admissions advisor. Please contact admissions@codingtemple.com to see if you qualify.
Can my employer help pay for my tuition?
Yes, employers can help pay for your tuition via our Pay-In-Full or Installment Plan options. To learn more please contact info@codingtemple.com
Do you offer ISA's?
No, we do not offer ISA’s. Here’s why
ISA’s VS Loans
Income Share Agreeements (ISA’s) | Student Loans |
Read the fine print. High-risk jobs will take up to 17% of your income once you land your first position. Some companies require you to work the first position you are offered. | No prepayment or origination fees If you pay your loan of early you can pay off your balance earlier and not incur all of the interest. |
Still require credit checks | Low minimum fixed rate APR With interest rates being low for bowwers, not having an interest rate tied to your success ends up saving money. |
No option to prepay. Whether you get a high paying job post graduation you are on the hook to repay the full amount of your Income Share Agreement. Paying your ISA off early does not lower the amount you will pay. | Deferred Tuition. With a student loan you can defer tuition for up to 6 months. With an ISA if you land a job, you will be required to start your payments immediately. |
After the grace period, you still have to pay back the tuition even if you never get a job. | Many options for a repayment term length. Student loans give you the flexibility to choose your term length. |
Expensive ISA’s end up being the most costly way to borrow money to finance your tuition. As an example a student making $85,00 per year after graduation will pay $8,000 more over the course of their ISA than a student who took out a student loan. That’s almost $225 a /month. | Apply with a Cosigner If you do not have established credit or low credit, you can apply with a cosigner. |
Unregulated and illegal in certain states | Cashback reward after graduation. Setting up recurring payments gives you incentive to pay lower fees |
Forbearance options. If you run into tough times you can request a loan forbearance. Reach out to your loan officer for more information. |
Do you offer a Money-Back Guarantee? (MBG)
Yes. If you are actively job-seeking and following our MBG guidelines*, we offer a full-tuition reimbursement 9 months post-graduation.