Tech Elevator is an online and in-person coding bootcamp that prepares students for a career as a software developer. If you want to become part of the tech industry’s modern workforce, the school’s coding and career prep bootcamp is a good program to consider.
If you’re already looking into Tech Elevator, you should definitely check out the best Tech Elevator scholarships. Below, we’ll look at the cost of tuition at this popular programming school and the requirements you must meet to qualify for these scholarships.
How Much Does Tech Elevator Cost?
Tech Elevator is slightly more expensive than the average bootcamp, with tuition for its only program set at $15,950, which can be paid upfront. However, the bootcamp provides other payment options for students, such as a loan that can be repaid at $338 per month for five years. Additionally, you may qualify for a scholarship that can greatly reduce the cost of tuition.
If you’d prefer not to pay for the bootcamp upfront as a lump sum, you can contact the admissions team and they will help you choose a payment plan that suits your needs. Keep in mind that tech roles, such as software developer, tend to come with a high salary. According to the US Bureau of Labor Statistics (BLS), software developers earn an average of $110,140 per year.
List of Tech Elevator Scholarships
|Represent Tech Scholarship||$13,175||Full-Time Coding Bootcamp|
|Represent Tech Scholarship Sponsored by Agility Partners||$15,950||Columbus Campus|
Tech Elevator is a small school that only offers one bootcamp program, so it has only a couple of scholarships. The best coding bootcamp scholarships encourage diversity in technology careers, and you’ll find that Tech Elevator’s scholarship opportunities are no different. Below, we’ll get into the details of how you can qualify for each of these scholarship programs.
Tech Elevator Represent Tech Scholarship
The first scholarship this prestigious bootcamp offers is the Represent Tech Scholarship. It is a partial scholarship but covers the majority of Tech Elevator’s tuition costs. The bootcamp offers this scholarship to give people who have a natural aptitude, but don’t have the means, an opportunity to learn to code to increase accessibility to tech careers.
The goal is to foster an inclusive, modern tech workforce. This scholarship is available to groups that are underrepresented in technology, such as Hispanic, Native American, or Black/African American people. Women and people who are nonbinary or transgender also qualify for this coding bootcamp scholarship.
Represent Tech Scholarship Requirements
This scholarship has some simple requirements. To be eligible, you need to be a member of one of the underrepresented communities mentioned above, and you must have already been accepted into Tech Elevator’s program. Once you’ve finished the admissions process, you need to enroll in your cohort, then apply for the scholarship.
Tech Elevator Represent Tech Scholarship Sponsored by Agility Partners
This scholarship is similar to the Represent Tech Scholarship, with a few small differences. It covers the entire tuition cost and is only available to students who are enrolled in a cohort at the Columbus, Ohio, campus. Successful candidates not only get a scholarship, but they also have access to careers at one of Tech Elevator’s partner companies once they complete the program.
Tech elevator has also partnered with PNC Bank, the National Center for Urban Solutions (NCUS), and Ohio to Work to offer further Represent Tech scholarships. These also come with stipulations about how and where students must attend their bootcamp. To qualify, you must be from an underrepresented group and plan to attend any Tech Elevator campus in person.
Represent Tech Scholarship Sponsored By Agility Partners Requirements
To be eligible for this award, you need to be from one of the groups that are underrepresented in the tech field, as they exist to build diversity in tech careers. Also, you must secure your place in the cohort and be accepted into the program before completing the scholarship application process. You will want to show a passion for software engineering and an eagerness to learn.
Who Is Eligible for Tech Elevator Scholarships?
Tech Elevator’s scholarships are only for groups that are underrepresented in tech, such as racial minorities, women, and transgender and non-binary students. However, the companies that have sponsored each scholarship have set their own prerequisites for those who qualify. Some of the sponsors stipulate that students must attend in person and at certain campuses.
If you fit into one of these categories, you can apply, and the scholarship selection committee will determine whether you’re the right candidate for the award. They will be looking for a student who is eager to build the in-demand tech skills they need to start a successful career.
How to Apply for Tech Elevator Scholarships
The application process involves filling out a form on the scholarship page of Tech Elevator’s website. On this page, you’ll be asked to fill out your personal details and why you feel you should be considered for the award. Note that you need to be fully enrolled in a cohort before applying for the scholarship.
Also, you need to explain how you meet the eligibility criteria. If you do not fall into a group that is underrepresented in tech, then you will not qualify for the scholarship. Countless individuals may apply for these scholarships, so you will to make sure the information you provide is accurate.
Other Ways to Pay for Tech Elevator
Besides Tech Elevator’s scholarships, there are a few other ways you can pay your tuition at the bootcamp. Options include an income share agreement (ISA), private loan, using GI Bill benefits, and paying upfront. Let’s look at these choices in more detail below.
- ISA. An ISA loan means a student can attend Tech Elevator’s bootcamp, then pay back their tuition cost once they get a job. This involves making small payments each month until they pay back the full cost of tuition. Students must make a $2,000 deposit to secure their place in the program, and won’t make any payments to Tech Elevator until they are earning over $40,000 per year.
- Private loan. Tech Elevator offers private loans via Ascent and Sallie Mae to cover students’ tuition payments. The loan repayment plans can be spread out between 3 to 15 years, and students can opt to take out extra funds to cover living expenses. Students with bad credit can also qualify if they apply for a loan along with a cosigner.
- Workforce Innovation & Opportunity Act. Attendees of this bootcamp are eligible to benefit from the Workforce Innovation & Opportunity Act because the school is a registered training provider in Ohio, Pennsylvania, and Michigan. This funding comes in the form of a federal grant, meaning it doesn’t need to be repaid. Students must be accepted into Tech Elevator before they can apply.
- GI Bill Benefits. This payment method is only for veterans who qualify for GI Bill benefits. These benefits can only be used at the Cincinnati, Cleveland, Columbus, and Pittsburgh campuses.
- Upfront payment. Upfront payment is a good choice for students who can afford to pay their full tuition in one go. Some bootcamps offer discounts for this method of payment, so you should contact the school if you are interested in this option.
Is Tech Elevator Worth It?
Tech Elevator is worth it if you aspire to become a software engineer at a tech company. The bootcamp offers solid and flexible training, as well as career coaching, for people who want to transition to a career in tech. While it may be slightly expensive, the bootcamp offers scholarships that cover a majority of tuition costs to reduce the student’s financial burden.
According to its website, the bootcamp also has an impressive graduation rate of 95 percent and a job placement rate of 90 percent. BLS reports that software developers have an impressive job growth rate of 22 percent. So, if you’re ready to make your move into tech and meet your career goals, this bootcamp is a smart choice.
Tech Elevator Scholarships FAQ
Does Tech Elevator Offer Scholarships?
Tech Elevator offers two types of scholarships to students who have been accepted into the school. They include the Represent Tech Scholarship and a similar scholarship that is offered in partnership with an Ohio-based company, Agility Partners.
How Can You Apply For a Tech Elevator Scholarship?
You can apply for a Tech Elevator scholarship by filling out an online application after you have been accepted into the bootcamp. You will need to explain why you should be chosen for the scholarship award. To be eligible, you must be Black, Hispanic, Native American, transgender, non-binary, or a woman.
What Payment Methods Are Available on Tech Elevator?
Aside from winning a scholarship, you can also pay your Tech Elevator tuition upfront. If that’s not feasible for you, you may opt for an ISA, which means you will pay back your tuition when you have a job. You can also take out a private loan, or receive financial assistance through the Workforce Innovation & Opportunity Act.
Is Tech Elevator Free?
Tech Elevator is not free. The coding bootcamp costs $15,950. Although this is slightly expensive compared to some tech schools, the bootcamp offers several payment methods to ease students’ financial burden.
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