About Skills fund
Skills Fund: Empowering Students to Achieve Their Career Goals
Skills Fund is a leading provider of student loans for bootcamps and accelerated learning programs. The company was founded in 2015 with the mission of helping students achieve their career goals by providing them with affordable and flexible financing options.
Ascent Funding, the parent company of Skills Fund, has been providing student loans for over a decade. However, they noticed that there was a gap in the market when it came to financing for bootcamps and other non-traditional education programs. Many students were interested in these programs but couldn't afford the high tuition costs or living expenses associated with them.
That's where Skills Fund comes in. They offer loans specifically designed for students attending coding bootcamps, data science programs, UX/UI design courses, and other similar programs. These loans cover not only tuition but also living expenses such as rent and food.
One of the unique features of Skills Fund's loans is their Income Share Agreement (ISA) option. With an ISA loan, students don't have to start making payments until they've landed a job that pays at least $40k per year. Once they're employed at this level or higher, they'll pay back a percentage of their income over a set period (usually 2-3 years).
This model aligns Skills Fund's interests with those of its borrowers - if graduates are successful in finding well-paying jobs after completing their program, then both parties benefit.
Another advantage of Skills Fund's loans is that they're available to international students as well as US citizens and permanent residents. This opens up opportunities for people from all over the world who want to pursue careers in tech or other high-growth industries.
Skills Fund partners with top-rated bootcamps across the country to ensure that its borrowers are getting quality education that will prepare them for success in their chosen field. Some of these partners include General Assembly, Galvanize, Hack Reactor/Telegraph Academy (now part of Galvanize), Turing School of Software & Design (now part of Galvanize), Sabio.la., Codeup., Code Platoon., Tech Elevator., Claim Academy., Austin Coding Academy., DigitalCrafts..
In addition to offering student loans, Skills Fund also provides resources and support services to help its borrowers succeed after graduation. This includes access to career coaching services as well as networking events where graduates can connect with potential employers.
Overall, Skills Fund is an innovative company that's helping bridge the skills gap by providing financing options for non-traditional education programs like coding bootcamps and data science courses. Its commitment to affordability and flexibility makes it an attractive option for anyone looking to invest in themselves through education.
In conclusion,
If you're considering attending a coding bootcamp or another type of accelerated learning program but are worried about how you'll finance your education - look no further than Skills Fund! With its Income Share Agreement option and partnerships with top-rated schools across the country , this company offers affordable solutions tailored specifically towards your needs so you can focus on achieving your career goals without worrying about financial constraints along way!