Finance your Bootcamp, fair and flexibly.
So you can fully focus on your coding bootcamp and unleash your potential.
So you can fully focus on your coding bootcamp and unleash your potential.
Finance the fees of your bootcamp with one of our partners or get financing for your living expenses – or combine both!
You pay back fairly and flexibly: After your bootcamp, you pay back a fixed percentage of your income – without any risk: You only pay if you earn more than 27,000 € per year.
Option 1 – Finance the fees
We cover the tuition fees of your desired bootcamp at our partners.
Click here to find all detailed information on the respective pages. Below you can find the corresponding FAQ.
Option 2 – Finance yourself
Would you like to receive up to 5,000 euros per month during your bootcamp so that you can fully concentrate on your development? Then this is the right page for you!
Scroll down for all the important details.
Combined financing: 1 & 2
We believe in you: We’ll cover your bootcamp tuition fees and you’ll receive up to an additional 5,000 euros per month for living expenses.
Click here for general info about our ISA.
The Income Share Agreement (ISA) is fair and based on solidarity: You pay back a fixed share of your income – fair, flexible and risk-free – and finance the next generation of bootcamp students with your repayment.
During your bootcamp, we will cover the tuition fees and / or pay you up to 5.000 € per month for living expenses.
After you graduate, you pay back a fixed share of your income. If you earn more, you pay more - if you earn less, you pay less. Sounds fair?
You only pay if you earn more than 27,000 euros gross per year. So you only pay if you can really afford it.
Your repayment is capped: If you earn a lot, you don't pay back indefinitely, but up to the maximum limit.
During your bootcamp, we will cover the tuition fees and / or pay you up to 5.000 € per month for living expenses.
After you graduate, you pay back a fixed share of your income. If you earn more, you pay more – if you earn less, you pay less. Sounds fair?
You only pay if you earn more than 27,000 euros gross per year. So you only pay if you can really afford it.
Your repayment is capped: If you earn a lot, you don’t pay back indefinitely, but up to the maximum limit.
You can find the conditions (the income share percentages of your repayment) at our bootcamp partners on the respective subpages.
After graduation, you pay back to CHANCEN eG based on your income, over a total of 5 years.
Your repayment obligation expires as soon as the 15-year term of the ISA is over – regardless of whether your repayment years have already passed or not. The term of the ISA begins with the start of your financing or with the 1st January after the end of your bootcamp.
Your repayment is capped and ends automatically when you reach the set limit of 170%. Therefore, a high income does not mean uncontrolled repayment.
The eligibility criteria for funding your course fees at a bootcamp can be found here.
The minimum amount you can finance as living expenses is 2,500 euros.
The maximum amount of funding you can get is 30,000 euros (incl. your bootcamp fees).
To give you as much financial flexibility as possible, we conclude a financing contract with you for a range of 5,000 euros instead of a fixed amount. With this range, you define a minimum amount and a maximum amount that can be financed. You can move flexibly between these two amounts, depending on how your needs develop during your funding.
You can choose between the following bandwidths:
Up to 5,000 euros
5,000 – 10,000 euros
10,000 – 15,000 euros
15,000 – 20,000 euros
20,000 – 25,000 euros
25,000 – 30,000 euros
An application is possible for German citizens, “Bildungsinländer*innen” (persons without German citizenship who have a German school leaving certificate – with the exception of Studienkolleg), EU citizens and refugees under certain conditions. Please see here for detailed information.
For bootcamps, the possibility of receiving funding also depends on which bootcamp provider you complete your bootcamp with. Information on partner bootcamps can be found here.
There is no minimum time limit for funding. We fund living expenses for the length of the bootcamp.
You can get up to 5,000 euros a month for living expenses.
You can flexibly adjust your monthly payment amount to your needs at regular time intervals. You determine the monthly amount you would like to receive for living expenses for the next few months.
(For the financing of the bootcamp fees you can find the conditions on the respective pages of the partner institutes)
Please note: If you already have an ISA for your bootcamp fees with us, the total repayment percentage (i.e. both UGVs added together) must not exceed 15%! Therefore, the upper end of the bandwidth of your Living Expenses ISA will be adjusted so that it does not exceed 15% in total.
| Lower End of Bandwidth | Upper End of Bandwidth | Lower Percentage | Upper Percentage | Contract Period | Years of Repayment |
|---|---|---|---|---|---|
| Bootcamp (with university degree) | |||||
| 0€ | 5,000€ | 0.00% | 4.98% | 15 | 5 |
| 5,000€ | 10,000€ | 4,98% | 9.95% | 15 | 5 |
| 10,000€ | 15,000€ | 9.95% | 14.93% | 15 | 5 |
| Bootcamp (without university degree) | |||||
| 0€ | 5,000€ | 0.00% | 5.14% | 15 | 5 |
| 5,000€ | 10,000€ | 5.14% | 10.27% | 15 | 5 |
| 10,000€ | 14,500€ | 10.27% | 14.90% | 15 | 5 |
| Lower End of Bandwidth | Upper End of Bandwidth | Lower Percentage | Upper Percentage | Contract Period | Years of Repayment |
|---|---|---|---|---|---|
| Bootcamp (with university degree) | |||||
| 0€ | 5,000€ | 0.00% | 5.27% | 15 | 5 |
| 5,000€ | 10,000€ | 5.27% | 10.54% | 15 | 5 |
| 10,000€ | 14,000€ | 10.54% | 14.75% | 15 | 5 |
| Bootcamp (without university degree) | |||||
| 0€ | 5,000€ | 0.00% | 5.39% | 15 | 5 |
| 5,000€ | 10,000€ | 5.39% | 10.79% | 15 | 5 |
| 10,000€ | 13,500€ | 10.79% | 14.56% | 15 | 5 |
| Lower End of Bandwidth | Upper End of Bandwidth | Lower Percentage | Upper Percentage | Contract Period | Years of Repayment |
|---|---|---|---|---|---|
| Bootcamp (with university degree) | |||||
| 0 € | 5,000 € | 0.00 % | 4.09 % | 15 | 5 |
| 5,000 € | 10,000 € | 4.09 % | 8.19 % | 15 | 5 |
| 10,000 € | 15,000 € | 8.19 % | 12.28 % | 15 | 5 |
| 15,000 € | 18,000 € | 12.28 % | 14.74 % | 15 | 5 |
| Bootcamp (without university degree) | |||||
| 0 € | 5,000 € | 0.00 % | 4.74 % | 15 | 5 |
| 5,000 € | 10,000 € | 4.74 % | 9.49 % | 15 | 5 |
| 10,000 € | 15,000 € | 9.49 % | 14.23 % | 15 | 5 |
| Lower End of Bandwidth | Upper End of Bandwidth | Lower Percentage | Upper Percentage | Contract Period | Years of Repayment |
|---|---|---|---|---|---|
| Bootcamp (with university degree) | |||||
| 0 € | 5,000 € | 0.00 % | 6.23 % | 15 | 5 |
| 5,000 € | 10,000 € | 6.23 % | 12.47 % | 15 | 5 |
| 10,000 € | 15,000 € | 12.47 % | 14.96 % | 15 | 5 |
| Bootcamp (without university degree) | |||||
| 0 € | 5,000 € | 0.00 % | 6.87 % | 15 | 5 |
| 5,000 € | 10,000 € | 6.87 % | 13.74 % | 15 | 5 |
There are different conditions for repayment depending on the bootcamp. You can find the conditions for the financing of tuition fees on our partner pages. You can find our conditions for living expenses here.
The two repayment percentages together must not exceed 15%.
You receive two different contracts that run in parallel. Both have a repayment period of five years.
ISAs for bootcamps (course fees and living expenses) are funded by the EU.