Best Online SQL Bootcamps Of 2024 – Forbes Advisor

How will you pay for your coding bootcamp? Though coding bootcamps cost less than traditional college degrees in most cases, they can still run you thousands of dollars. Here are a few options to consider for funding your bootcamp.

How Much Is a SQL Bootcamp?

Launch Code offers free tuition; the other SQL bootcamps in this guide charged between $1,500 and $11,100 in total upfront tuition. For comparison, according to data gathered by Forbes Advisor, as of November 2023, the median total cost of a bootcamp was $9,500.

Upfront Payment

An upfront payment is generally the lowest-cost financing option for bootcamp students. That said, this option requires you to pay the full cost of your tuition in one lump sum, which may be tough to manage for some learners.

Pay in Installments

Installment plans generally require students to pay a monthly fee until they’ve covered the total cost of their bootcamp. These plans often cost more over time than upfront payments, as many providers charge extra fees. However, monthly payments might be more manageable for many bootcamp students.

Income Share Agreement (ISA)

An income share agreement offers a lower upfront cost in exchange for a certain percentage of your salary for an agreed-upon period of time once you graduate from the bootcamp and get hired.

An ISA might lower initial financial barriers, but it’s important to read the fine print before agreeing to an ISA. These agreements almost always cost more in the long run than upfront payments and installment plans. That’s because you’re agreeing to pay a set percentage of your income regardless of how much money you make.

Job Guarantee

A bootcamp job guarantee offers free tuition or a full tuition refund to graduates who do not secure qualifying jobs within a predetermined period after completing their bootcamp. However, job guarantees are rarely as straightforward as they might seem. The fine print might specify that you need to apply to a certain number of jobs per week, for example, and some guarantees only apply to a specific metropolitan area.

Loans, Scholarships and Other Aid

You generally cannot receive federal student aid to fund a bootcamp. That said, military students may be able to use their GI benefits to lower the financial burden of a bootcamp or a similar tech program. Some individual providers and third-party organizations offer scholarships and grants as well.