Coding bootcamps offer online courses and career training for less than a traditional college. However, they are still expensive for some, especially since federal grants, financial assistance, and student loans are not always available for prospective students. This is why there are many coding bootcamp scholarship opportunities to reduce the financial burden of paying tuition.
Thinkful Bootcamp is one of the more well-known bootcamps that offer a list of scholarships to qualified students hoping to break into the technology industry. If you’re considering enrolling in this bootcamp to kickstart your tech career, here are the best Thinkful scholarships and how to apply for them.
How Much Does Thinkful Cost?
Costs vary for different Thinkful courses. The cost of tuition is also determined by the learning schedule. For instance, students in a part-time program pay less bootcamp tuition than full-time students. The data analytics program costs $4,500 for part-time and $12,250 for the full-time program. The software engineering program costs $7,000 and $16,000 for part-time and full-time, respectively.
The product management course costs $4,500 while the technical project management program costs $4,500 for the part-time course and $9,000 for the full-time course. The UX/UI design program costs $7,000 or $12,150. Find a comprehensive list of all Thinkful scholarships below. Their automatic scholarships aim to help students from underserved backgrounds succeed.
List of Thinkful Scholarships
| Scholarship Title | Amount | Programs |
|---|---|---|
| Women’s Scholarship | $600 | Web Development Bootcamp |
| Veterans’ Scholarship | $600 | Web Development Bootcamp |
Thinkful offers two partial scholarships for women and veterans. Both are only available to full-time students. The diversity scholarship for women and non-binary people aims to help underrepresented minorities gain the career skills they need to succeed in their job search. The scholarship for veterans is another way to help more people succeed in the tech industry.
Thinkful Women’s Scholarship
Thinkful believes there should be more female programmers and underrepresented minorities in the tech industry and to assist with this cause, it offers the Thinkful Women’s Scholarship. The discounts for women add up to $600, or $100 per month for six months. This is not a need-based scholarship, as all eligible females receive the discount.
The tech scholarship money is provided in partnership with several other organizations that support women in the tech industry. The notable ones include MotherCoders and Girl Code It. These organizations provide opportunities for women to access educational programs that can set them up for a career in coding. They aim to close the gender gap in the tech sector.
Women’s Scholarship Requirements
First, you need to pass the interview with the admissions team and get admitted into the full-time bootcamp program. Then, you need to indicate that you want to apply for the partial scholarship. The scholarship application is not complicated, as it is not a merit scholarship. Simply tell the team a little bit about your background and your ideal career path.
Thinkful Veterans’ Scholarship
Thinkful also offers partial scholarships for veterans hoping to transition to the tech industry. It offers a partial scholarship targeted at veterans interested in the web development bootcamp who want to start a career in web development, digital marketing, or a similar field. Like with the Women’s Scholarship, scholarship recipients receive $600 over six $100 increments.
The tech scholarship is provided in partnership with Operation Code, a non-profit that helps military veterans and their family members to transition to tech and attempt career reinvention. Thinkful provides each student with a career coach to help them succeed and land a tech job with a satisfactory salary.
Veterans’ Scholarship Requirements
This partial scholarship is available for military personnel on active duty, veterans, and their spouses. If you do not fall into these categories, you are not eligible to apply for the scholarship. You will also need to be a full-time student at the bootcamp.
You need to pass the interview and be accepted into the program before you can indicate that you want to apply for the scholarship and share your veteran status. The scholarship must be used for the next available session, as it is aimed at helping current students.
Who Is Eligible for Thinkful Scholarships?
Thinkful has two partial scholarships for students. Eligible candidates for these scholarships are self-identifying women, people who are non-binary, and veterans. The scholarships are not awarded on merit and spouses of military veterans and those on active duty can also apply for the scholarship. Thinkful does not offer a full-tuition scholarship to any applicants.
Unlike many other top bootcamps across the United States, Thinkful does not offer other specific scholarships or need-based grants for other underrepresented students, such as Black students, Pacific Islanders, other people of color, or students going through financial hardships.
How to Apply for Thinkful Scholarships
While filing your application form for the online bootcamp, you will be required to indicate your interest in applying for the scholarship after getting accepted. You need to state if you are a veteran, current servicemen, self-identifying woman, or spouse of a veteran.
If your application is successful, eligible students will be required to participate in an interview. If you pass the interview, then you can apply for the scholarship. Admissions representatives will guide you if you need any help filling out the form or have questions about your form of payment.
Other Ways to Pay for Thinkful
Thinkful has different payment plans to ease the payment of tuition. However, some options are available for only certain programs. To be certain about which payment option is available for which program, contact Thinkful. Also, the bootcamp has a tuition refund guarantee for students who fail to get full-time jobs within 180 days of completing the program.
- Deferred tuition. This payment option lets students pay zero tuition fees until they get a job. It is not to be confused with an income share agreement as it is not based on the income the school graduate earns when they begin to work.
- Income share agreement. Thinkful also has an income share agreement payment plan for students who cannot afford to pay the tuition cost upfront. Graduates only pay when they get a job. The monthly payments are based on income. In most cases, graduates are required to pay 15 percent of their gross earnings until their tuition is paid off.
- Month to month Installments. This plan is to ease the cost for students who cannot pay the tuition in full and prefer to pay in monthly installments. The payment can be spread out over a few months or during the duration of the bootcamp. If you want to use this payment method, you will be required to use a debit or credit card. The first payment will also be required before the bootcamp starts.
- Private loans. Just like many other coding bootcamps, Thinkful allows students to pay for their tuition with private loans from financial institutions or federal loans. The bootcamp partners with Skills Fund to help students pay their tuition. This loan may also include living stipends depending on the agreement.
- Upfront payment. Students who choose this method can pay the entire tuition cost upfront. While it may seem expensive, it is actually one of the cheaper options. It doesn’t include any interest payments.
Is Thinkful Worth It?
Thinkful is worth it if you want to attend a comprehensive bootcamp. It offers hands-on training and one-on-one support to ensure that all students master the skill they want to learn. Thinkful offers two partial scholarships to women, veterans, and active-duty service members. There are several payment methods to make tuition easier to afford.
Thinkful can be a career changer. It offers a wide range of part and full-time programming courses and remote programs that can help students become anything from software engineers to web developers to experts in the games industry. Its career coaching is designed to set students up on promising career tracks with a high average salary.
Thinkful Scholarships FAQ
Thinkful offers two partial scholarships for students who are self-identifying women or veterans. The scholarship is not awarded on merit. To receive the scholarship, you need to be accepted into the program as a student first.
Aside from a partial coding bootcamp scholarship, Thinkful also offers several means of payment including upfront payment, month-to-month installments, and deferred tuition.
Female students, transgender students, veterans, spouses of veterans, and active-duty military service members can apply.
Thinkful is worth it if you want to start a career in tech within a short period. The bootcamp offers several payment options to help students who cannot pay upfront for their tuition. This means you can attend a bootcamp program without paying anything upfront. Payments can be made when you secure a job. There is an option to take out loans as well.
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.
