Please select the Skills Fund loan that works best for you.
To see the estimated monthly payments after graduation, enter the amount you would like to borrow:
For We Can Code IT you may borrow from $2,000 to $9,750 (tuition - deposit)
Diversity Focus Award recipients can finance up to $8,750
|Skills Fund Loan||60 Month Loan|
|Cosigners||Note: Up to 1 cosigner might be required in some instances.|
|Origination Fee||3.0% of loan requested (1)|
|Interest Rate (2)||Fixed
|Capitalization of Interest||No interest will be capitalized.|
|Payments Required While Enrolled?||Monthly interest payments are required.|
|Separation Period (after the in-school period and before interest and principal repayment begins)||Two months after official graduation (3)
Note: interest-only type loans require interest-only payments while in school and during the separation period.
|Principal and Interest Repayment Term||60 months (5 years)|
This example shows the monthly payments of a $9,750 interest-only Skills Fund loan:
|Example on a $9,750 loan||60 Month Loan|
|Annual Percentage Rate (4)||10.11%|
|Interest-Only Monthly Payment||$105|
For the purpose of the following notice, the words "you" and "your" mean the Borrower and the Cosigner. All applicants: Important Federal Law Notice - Important information about procedures for opening a new account: To help the government fight the funding of terrorism and money laundering activities, federal law requires all financial institutions to obtain, verify, and record information that identifies each person who opens an account. What this means for you: When you open an account, we will ask for your name, address, date of birth and other information that will allow us to identify you. We may also ask to see your driver's license or other identifying documents.
By clicking the box below and beginning the application, I consent under Federal and state privacy laws to We Can Code IT providing to Skills Fund information related to my application, enrollment, and completion, including but not limited to information contained in my original application and supplements as well as information regarding my completion, graduation, and post-graduation outcomes information.