Finance your Bootcamp, fair and flexibly.

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)

• 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.

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.