Coding bootcamp can be a very expensive, ranging from $9,000 to $21,000. Although it might not be as costly as an undergraduate degree, it is still quite a bit of pocket change. And anyone going through any sort of educational program wants to know the financial options. One thing that helps out with costs in traditional educational programs are stipends. Educational stipends are actually on the rise in the coding bootcamp world. In fact, Lambda School just rolled out a living stipend for qualified students. This stipend offers $2,000/month for 9 months, and they only require you to pay them back if you land a job that pays $50k/yr or more.
In 2019, Thinkful rolled out $1,500/month living stipends to its students based in Atlanta, Denver and Minneapolis and will be adding additional cities later this year.
Modern Labor has also followed suit, offering an educational stipend of $2000/month for five months to become a full-stack developer. Once you have completed the five month curriculum, Modern Labor will also help you find a job.
Sounds too good to be true, doesn’t it? Continue reading below to learn more about coding bootcamp stipends as well as scholarship options.
What Exactly is an Educational Stipend?
A stipend is a fixed, regular sum of money given to a student in exchange for work or awarded as a scholarship. A stipend is not considered a wage and is not intended to fully fund all educational costs. If you are receiving an educational stipend from a coding bootcamp, you are not considered an employee of said bootcamp. Last, every program has different regulations and policies regarding their stipend options, so make sure to check with your coding bootcamp program to review the details if your are awarded a stipend.
How Stipends Work with Coding Bootcamp Scholarships
Stipends work differently for different coding bootcamps. However, some coding bootcamps offer a scholarship that pays for full or partial tuition with an additional living stipend. Continue reading below to discover your scholarship options based on your desired coding bootcamp program.
Government Stipends
If you aren’t qualified for an educational stipend, you may be qualified for a government stipend. Many “back to work” government programs are available to assist individuals reentering the workforce with expenses so that they have the resources they need to get their career started. Sometimes individuals can get up to $2-3k a month if they are retraining. There are some general programs such as the Women Back to Work Program or employer specific programs such as the Honeywell Initiative for Returning Engineers.
Coding Bootcamps that Offer Scholarships
Burlington Code Academy Pathways Scholarship
Amount: $4,000
Overview: Eligible students include those attending the part-time JavaScript After Hours course starting January 2019. This scholarship can be applied to the full-time Web Development Bootcamp starting in June 2019.
Evolve Security Academy Practical Penetration Testing
Amount: Entire Cost of Tuition
Overview: Registering for the Practical Penetration Testing at Evolve Security Academy automatically considers you for a full scholarship. Apply today!
Flatiron School #Back2Code Challenge
Amount: $1,500
Overview: Successfully complete the challenges and Back2Coders will be awarded a $1,500 scholarship to any of their Software Engineering, Front-End Web Development, or Data Science courses.
App Academy Deposit Assistance Program
Amount: Varies
Overview: This scholarships awards an amount up to 30% of your tuition. There are two options. The first is the Merit-Based scholarships which are available to applicants who demonstrate excellence throughout the already difficult admissions process. The second option is the Close the Gap scholarship which are available to applicants who belong to underrepresented groups.
Alchemy Code Labs’ Diversity in Tech
Amount: Varies
Overview: This scholarship provides opportunities for women, veterans, LGBTQ+, and students from racial and ethnic backgrounds that are traditionally underrepresented in tech.
Women Who Code Portland
Amount: $5000
Overview: Awarded quarterly to two women per season. Winners must first apply and obtain acceptance into Alchemy Code Lab’s program.
HispanicPros
Amount: Entire Cost of Tuition
Overview: This scholarship pays for your entire tuition, over $20,000. Eligible winners must be accepted into Alchemy Code Lab’s school program.
Big Nerd Ranch
Amount: 10% Off
Overview: Awarding a 10% off tuition with a valid military, school, or educator ID. Alumni also automatically qualify for a 10% discount.
Bitmaker Grace Hopper Scholarship for Women in Technology
Amount: $500
Overview: If you are a woman participating in the full-time programming courses at Bitmaker Labs, you will be eligible for a $500 scholarship.
Bitmaker Early Bird Discount
Amount: $500 – $750
Overview: If you enroll 30 days before the course start date, you will be eligible for the early bird discount.
Bloc Close the Gap
Amount: Varies
Overview Bloc is setting aside $1 million to help women pursue a career in software development and design. Scholarships are awarded based on merit, and recipients will receive up to 25% off tuition.
New Relic Diversity Scholarship
Amount: $500
Overview: Dedicated to promoting diversity, $500 will be awarded to two applications apart of a diverse population each week.
Bloc Women Who Code Bootcamp Scholarship
Amount: $1,000
Overview: Three women each month are awarded $1,000 toward any Bloc program.
Bloc Veterans Scholarship in Development & Design
Amount: Varies
Overview: This scholarship awards active duty, veteran and military spouses to apply for up to 40% off their Bloc program.
Bottega Women in Tech and Veterans
Amount: Varies
Overview: Scholarships ranging from $1,000 off tuition to full-tuition for veterans, women, or distinguished persons in financial need.
BrainStation Various Scholarships
Amount:
Women in Development Scholarship – $200 to $2,000
University & College Student Scholarship – $200 to $2,000
Entrepreneur in Technology Scholarship – $200 to $2,000
Scholarship for Non-Profit Employees – $200 to $2,000
Merit Scholarship – $200 to $2,000
Claim Academy Various Scholarships
Amount: Varies
Women in Technology Scholarship – $500
College Upgrade Scholarship – $1000
Minority Scholarship – $500
Veteran Scholarship – $500
CodeCore Bootcamp Diversity Scholarship
Amount: $500
Overview: $500 awarded to women and members of Canadian Forces.
Full Stack Development and Data Engineering Scholarship
Amount: Varies
Overview: This scholarship offers 10% – 50% off tuition price to this all-women’s coding school.
Code Fellows’ Diversity Scholarship Fund
Amount: VariesUp to 70% Off Tuition
Overview: Covering up to 70% of tuition for women, U.S. military veterans, and populations underrepresented in technology.
Code Platoon Veteran’s Scholarship
Amount: Varies
Overview: This scholarship can be awarded to admitted veterans and military spouses. Up to $10,500 is offered.
Remote Attendance Full Tuition Scholarship
Amount: Entire Cost of Tuition
Overview: This Full Time Scholarship is awarded to two veterans and one military spouse per cohort.
Code Platoon Women in Technology Full Tuition Scholarship
Amount: Entire Cost of Tuition
Overview: This scholarship is awarded to one extraordinary woman veteran for their 14-week Coding Bootcamp.
Code Platoon Transgender Veteran Full Scholarship
Amount: Entire Cost of Tuition
Overview: Awarded to transgender veterans. The entire cost of tuition will be covered.
Coder Academy Women In Tech
Amount: 50% Off
Overview: Awards one person per campus the opportunity to receive a subsidy for the Fast Track Bootcamp only. You must be an Australian citizen or permanent resident to be eligible.
CodeUp Women’s Scholarships
Amount: Varies
Overview: This scholarship awards a total of $10,000 in scholarships, exclusively to women: with one recipient $5,000, and two recipients $2,500 each.
Minorities in Tech
Amount: Varies
Overview: This scholarship awards a total of $10,000 in scholarships, exclusively to minorities: with one recipient $5,000, and two recipients $2,500 each.
First Responders Scholarship
Amount: $1,000
Overview: Any current or former first-responder who enrolls in CodeUp’s Full-Stack program will receive a $1,000 scholarship. Just show you First Responder Certification.
Pride Scholarship Scholarship
Amount: $1,000
Overview: If you identify as a member of the LGBTQIA+ community, you may be eligible to receive a $1,000 scholarship.
Coding Dojo Scholarships
Amount: Varies
Overview: Coding Dojo offers scholarships up to $1,000 for diversity in tech, military retaining, and $1,000 for women in tech
CodingNomads Women in Tech Scholarship
Amount: $500 Off Tuition (In-Person), 10% Off (Online)
Overview: This scholarship is awarded to women aspiring to be software engineers.
CodingNomads Military Scholarship
Amount: $1000 Off Tuition (In-Person), 10% Off (Online)
Overview: This scholarship is awarded to both active and retired military personnel.
Coding Temple Continuing Education Scholarship
Amount: $500
Overview: This scholarship awards $500 off for students who are enrolled in college or have graduated with a bachelor’s degree
Coding Temple Veteran Scholarship
Amount: $500
Overview: A $500 scholarship is awarded to students in the military.
DevMountain General Scholarship
Amount: $2,500
Overview: Awarded to anyone looking to further their education.
DigitalCrafts The Builder’s Scholarship
Amount: Varies
Overview: DigitalCrafts offers a Builder’s Scholarship to any students with especially inspiring stories. Scholarships are available to all students who submit a completed application and deposit for the course.
Flatiron School Houston Heros Scholarship
Amount: $5,000
Overview: All veterans admitted to Flatiron School’s Houston’s Software Engineering Immersive will receive a $5,000 scholarship.
Fullstack Academy Chicago Immersive Program
Amount: $2,000 scholarship
Overview: All admitted students to Fullstack Academy’s Chicago campus will automatically get a $2,000 scholarship.
50 States of Code Scholarship | Awards Vary
General Assembly Semper Doctrina Veteran Scholarship
Amount: Entire Cost of Tuition
Overview: One US veteran is awarded this scholarship which covers all educational costs.
Code Reddit Scholarship Fund
Amount: Varies
Overview: $5000 to $10,000 is awarded to women who attend Hackbright’s coding bootcamp program.
Hackbright Phenomenal Women Scholarship
Amount: $8,000
Overview: This scholarship awards $8,000 to phenomenal women who show technical ability and dedication to pursuing a software engineering career.
Hack Reactor IOWNit Scholarship
Amount: Entire Cost of Tuition
Overview: This scholarship is awarded to 3 underrepresented students at Hack Reactor’s San Francisco campus. It also includes a living stipend of $1,500 per month and an internship at Optimizely post-graduation.
Ironhack Diversity in Tech
Amount: 10% Off
Overview: Awarded to women and veterans in the amount of $1,000 in the US or 1.000 € in Spain and Paris.
Fullstack Scholarship
Amount: $3000
Overview: Product School is giving the SwitchUp community one scholarship to their 6-month full-stack product management course.
Rithm School Scholarship
Amount: Varies
Overview: This scholarship awards $1,000-3,000 partial scholarships to help students with tuition based on merit and need.
Springboard Diversity in Data Science
Amount: $500
Overview: $500 will be awarded to women and veterans enrolled in a Data Science Career Track. Springboard is offering a $500 scholarship to women and veterans for their Data Science Career Track.
Startup Institute Inclusion and Excellence in STEM Scholarships
Amount: Varies
Overview: Up to $3000 will be awarded to qualified applicants under the following groups:
- Women in Tech
- People of Color in Tech
- Seasoned Professionals in Tech (age 40+)
Startup Institute Veterans’ Scholarship
Amount: $1,000
Overview: If you are a veteran, you will automatically receive this $1,000 scholarship.
The Software Guild Women In Tech Award
Amount: $2,000
Overview: This $2,000 award is available to all female who enroll.
The Software Guild Veterans Who Code Award
Amount: $2,000
- Overview: This award is available to eligible military personnel in the following groups: Reservists
- Veterans
- Active-duty service members.
Thinkful Diversity in Tech
Amount: $200 off each month
Overview: Self-identifying women and US military members (active or discharged) are eligible for this scholarship.
Thinkful Veterans’ Scholarship
Amount: Varies
Overview: A scholarship up to $600 is awarded to all military veterans enrolled in the Flexible Web Development Bootcamp.
Thinkful Women’s Scholarship
Amount: Varies
Overview: Up to $600 will be awarded to self-identifying women enrolled in the Flexible Web Development Bootcamp.
Nexul Academy Diversity Scholarship
Amount: $500
Overview: This $500 scholarship can be awarded to Women, Minorities, Veterans, and recent graduates.
We Can Code It Diversity Grant
Amount: $1,000
Overview: This $1,000 Diversity Grant that is automatically applied towards your tuition if you are a member of an underrepresented group in tech such as:
- Women
- African Americans
- Latinos
- Native Americans
If you don’t qualify for a scholarship or stipend, here are the top temporary jobs you can do while in a bootcamp:
- Uber
- Postmates
- Jump Bikes
- Driving for Cruise
- Task Rabbit
- Lifeguard
- Bartender
- Barista
- Cashier
- Blogger
- Pet Care
- Nannying
- House Sitting
- Customer Service
- Retail Associate
Coding Bootcamp Scholarships and CareerKarma
Need help applying for scholarships? Join CareerKarma, we can help you every step of the way! And, if you sign up with us, you may be eligible for an ISA which means you won’t have to pay for your coding bootcamp program until you have found a job after graduation.
