Finance your Coding Bootcamp - flexible, fair and risk-free.

The Income Share Agreement

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.

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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.

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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.

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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.

Develop your potential now and pay back a percentage of your income later

The good part: you finance the next generation of students.

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.

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Study without financial burdens
Security through the minimum income of € 27,000 per year
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Upwards cap
Fair repayment
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Bootcamp

During your bootcamp, we will cover the tuition fees and / or pay you up to 5.000 € per month for living expenses.

Repayment

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?

Minimum income

You only pay if you earn more than 27,000 euros gross per year. So you only pay if you can really afford it.

Repayment Cap

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.

Our bootcamp partners

We partner with the best bootcamps to make sure you get a great education. Our partners are diverse and offer many programs like Web Development, Data Science and UX /UI and many more.

Get more info about our partners

The framework for financing living expenses

Here you will find the most important information about financing during your bootcamp

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), as well as EU citizens.

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.

The conditions for financing living expenses during a bootcamp

The conditions for financing living expenses during a bootcamp

(For the financing of the bootcamp fees you can find the conditions on the respective pages of the partner institutes)

  • Bandwidth: To provide you with as much financial flexibility as possible, we sign a financing contract with you for a bandwidth of 5,000 € instead of a fixed amount. With this bandwidth, you set 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.
  • Repayment percentages: Depending on how much money you have used within your bandwidth, your repayment percentage will be adjusted. However, it can never be lower than the percentage related to the lower end of the bandwidth. Therefore, as an example, the highest and the lowest percentage possible in this bandwidth are shown here.
  • Years of repayment: After graduation, depending on your income, you will repay to the CHANCEN eG, altogether over a 5-year period.
  • Contract Period: Your repayment is no longer due once the 15-year term of the ISA is over – regardless of whether your repayment years have already been completed or not. The contract period of the ISA begins with the start of your funding.

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 BandwidthUpper End of BandwidthLower PercentageUpper PercentageContract PeriodYears of Repayment
Live Bootcamp (with university degree)
0€5.000€0,00%4,37%155
5.000€10.000€4,37%8,73%155
10.000€15.000€8,73%13,10%155
15.000€17.100€13,10%14,94%155
Live Bootcamp (without university degree)
0€5.000€0,00%4,94%155
5.000€10.000€4,94%9,88%155
10.000€15.000€9,88%14,83%155
Remote Bootcamp (with university degree)
0€5.000€0,00%4,48%155
5.000€10.000€4,48%8,95%155
10.000€15.000€8,95%13,43%155
15.000€16.700€13,43%14,95%155
Remote Bootcamp (without university degree)
0€5.000€0,00%5,05%155
5.000€10.000€5,05%10,10%155
10.000€14.800€10,10%14,95%155

Lower End of BandwidthUpper End of BandwidthLower PercentageUpper PercentageContract PeriodYears of Repayment
Live Bootcamp (with university degree)
0€5.000€0,00%5,75%155
5.000€10.000€5,75%11,50%155
10.000€13.000€11,50%14,95%155
Live Bootcamp (without university degree)
0€5.000€0,00%6,33%155
5.000€10.000€6,33%12,65%155
10.000€11.800€12,65%14,93%155
Remote Bootcamp (with university degree)
0€5.000€0,00%5,90%155
5.000€10.000€5,90%11,79%155
10.000€12.700€11,79%14,97%155
Remote Bootcamp (without university degree)
0€5.000€0,00%6,47%155
5.000€10.000€6,47%12,94%155
10.000€11.500€12,94%14,88%155

Lower End of BandwidthUpper End of Bandwidth Lower PercentageUpper PercentageContract PeriodYears of Repayment
Live Bootcamp (with university degree)
0€5.000€0,00%4,00%155
5.000€10.000€4,00%8,01%155
10.000€15.000€8,01%12,01%155
15.000€18.700€12,01%14,97%155
Live Bootcamp (without university degree)
0€5.000€0,00%4,58%155
5.000€10.000€4,58%9,16%155
10.000€15.000€9,16%13,73%155
15.000€16.300€13,73%14,92%155
Remote Bootcamp (with university degree)
0€5.000€0,00%4,11%155
5.000€10.000€4,11%8,21%155
10.000€15.000€8,21%12,32%155
15.000€18.200€12,32%14,94%155
Remote Bootcamp (without university degree)
0€5.000€0,00%4,68%155
5.000€10.000€4,68%9,36%155
10.000€15.000€9,36%14,04%155
15.000€16.000€14,04%14,98%155

Sounds good?

Apply NOW via our web form!

You can find all information about the application process on our application pages.

You want to finance your tuition fees and living expenses?

No problem! Here you will find the important information.

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.

Contact

Kyra Gawlista

Student & Alumni Services