Tuition fees are constantly rising, as are student loans, which were expected to reach $1.74 trillion by 2021, according to the Federal Reserve. Training for a career change, therefore, becomes challenging for many.
This is why the income share agreement (ISA) has become popular, particularly among nontraditional learning paths like coding bootcamps. The ISA is an income-based loan that eliminates the need for students to pay tuition in advance. In exchange, the ISA provider will receive a predetermined percentage of the student’s future earnings for a set period.
However, it is not all good news. The ISA has some drawbacks, including the possibility of higher repayment caps or not having the same protection as federal loans. Besides, the belief that “you only pay attention to your training when you actually pay money” urged Yellow Tail Tech to opt for an alternative: the Tuition Reimbursement Guarantee.
Yellow Tail Tech guarantees employment within five months of completing your Linux or AWS training—or you get all of your money back. Sounds like a good deal? Continue reading to learn more about Yellow Tail Tech’s one-of-a-kind offer.
Learn Linux or AWS at Yellow Tail tech and land a job after your program—or get your money back, guaranteed!Start learning with Yellow Tail Tech.
How Yellow Tail Tech’s Tuition Reimbursement Guarantee Works
Yellow Tail Tech’s tuition reimbursement guarantee can be summarized as follows: if you don’t get a job five months after your program completion, Yellow Tail Tech will refund you the full amount of your tuition. The reimbursement guarantee assures students that Yellow Tail Tech has their best interests in mind and casts a vote of confidence in the program’s ability to produce job-ready graduates.
To date, the program has yet to reimburse any student, reported Yellow Tail Tech’s Marketing Lead Yana Capa-Pasco.
So what does it take to be eligible for this refund?
81% of participants stated they felt more confident about their tech job prospects after attending a bootcamp. Get matched to a bootcamp today.
The average bootcamp grad spent less than six months in career transition, from starting a bootcamp to finding their first job.
To be eligible for Yellow Tail Tech’s full tuition refund, you must meet the following requirements:
- Attended 90 percent of your classes and received a score of 70 percent or higher on all tests
- Completed all assigned projects with mentor approval
- Be RHCSA or AWS SysOps Certified
- Accepted guidance from the Career Support Team
- Completed the internship according to the company’s guidelines
- Eligible to work in the United States and speak English fluently
Yellow Tail Tech may also require documentation of your job search efforts, demonstrating that you applied to at least 10 jobs per week and attended 15 technical interviews in the five months following the completion of your internship. Finally, you should be willing to accept a job paying at least $76,000 in the Linux System Administration or AWS Dev-Ops fields.
What Alumni Say About Yellow Tail Tech’s Reimbursement Guarantee
Yellow Tail Tech graduates have received the tuition reimbursement guarantee with positive reviews. For alum Lateef Ellis, the guarantee signals Yellow Tail Tech’s commitment to sharing the risk with its students—a stark contrast to colleges that aren’t held accountable whether students find a job after graduation or not.
Lateef adds, “It allows everyone involved to invest into success and as a result of that mutual agreement on that success…So what I put in, I will get out and Yellow Tail Tech’s assuring that they’re confident in their program and the success of the student. If the student applies themself in everything, everyone wins at the end of the day. As opposed to just completing a program and walking away from it. You’re involved from Day 1, [and] they’re involved with you.”
For alum Alberto Silvestriz, the guarantee is one of the biggest differentiators of Yellow Tail Tech among other tech skills-training programs. “This gives the people that might be straddling that line between one or the other more confidence or security that you will achieve what you are setting your sights on,” he says.
Alum William Nap echoes this sentiment. “I like the fact that the program fees were not extremely exuberant compared to others I have seen. And the program designer’s willingness to stand by his product, as long as the students do what is required of them is what sold me on the program.”
Yellow Tail Tech fully invests in the success of its students. In doing so, students have more accountability and more determination to finish the program.
Become Job-Ready with Yellow Tail Tech
Breaking into Linux System Administration or AWS Cloud DevOps Engineering may seem daunting, but Yellow Tail Tech is here to help you turn from a beginner to a job-ready professional. And that comes with a money-back guarantee, thus demonstrating Yellow Tail Tech’s confidence that you will graduate from their program prepared for the challenges in your new career.
See if we’re a good fit and schedule a Career Strategy Session now.
About us: Career Karma is a platform designed to help job seekers find, research, and connect with job training programs to advance their careers. Learn about the CK publication.