With an Income Share Agreement, you can focus on your Bootcamp at the WBS Coding School, while CHANCEN eG takes care of your tuition fees. In exchange, you commit to affording future generations with the same opportunity. Once you start working in a company or found your own startup, you start making income-based repayments to finance the tuition fees of future generations.
The Income Share Agreements (ISA) ensures equal access to education with a fair financial solution, irrespective of your current financial status.
CHANCEN eG makes it possible for you to study as you wish. During your bootcamp, CHANCEN eG pays your tuition fees and you can concentrate fully on your course.
After you graduate, you pay back a pre-determined portion of your income to the solidarity community - so, unlike a loan, there is no fixed debt burden.
Repayment does not begin until you exceed the minimum gross income of 27,000 euros, less income-related expenses. Therefore repayments are only made if you can really afford it.
At the same time, your contribution is capped and ends automatically when you reach the set maximum limit. Therefore, a high income does not mean an extremely high repayment.
CHANCEN eG makes it possible for you to study as you wish. During your bootcamp, CHANCEN eG pays your tuition fees and you can concentrate fully on your course.
After you graduate, you pay back a pre-determined portion of your income to the solidarity community – so, unlike a loan, there is no fixed debt burden.
Repayment does not begin until you exceed the minimum gross income of 27,000 euros, less income-related expenses. Therefore repayments are only made if you can really afford it.
At the same time, your contribution is capped and ends automatically when you reach the set maximum limit. Therefore, a high income does not mean an extremely high repayment.
Tim Leuthold
Head of WBS Coding School
„The demands on the labour market are constantly changing. In order to stay relevant for future jobs, professionals have to undergo further training to keep their skills updated.
That is why it is particularly important to make education more financially accessible to give anyone an equal opportunity. Together with Chancen eG we will enable more people to start their dream career in Tech.“
During your studies, we take care of your tuition fees, partially or completely. When you graduate, income-based repayments are made to CHANCEN eG over a 5 year period. Should your annual income be less than 27.000 Euros, repayments are not required. Your repayment is then shifted to a period when you earn above the minimum income threshold. Income is calculated after standard deductions of 16,4 % for freelancers.
For more information on Eligibility Criteria, the Application Process and the ISA Contract, please refer to our FAQ page.
| Bootcamp | Tuition Fees | Repayment Years | Income Share (with university degree) | Income Share (without university degree) |
|---|---|---|---|---|
| Web- and App Development (Full Stack) - Full Time | 9,600 € | 5 | 9.56 % | 9.86 % |
| Web- and App Development (Full Stack) - Full Time - Remote | 9,000 € | 5 | 8.96 % | 9.24 % |
| Web- and App Development (Full Stack) - Part Time - Remote | 7,000 € | 5 | 6.97 % | 7.19 % |
| Data Science - Full Time | 9,600 € | 5 | 7.86 % | 9.11 % |
| Data Science - Full Time - Remote | 9,000 € | 5 | 7.37 % | 8.54 % |
| Data Science - Part Time - Remote | 7,000 € | 5 | 5.73 % | 6.64 % |
| Digital Product Design - Full Time - Hybrid | 9,600 € | 5 | 11.97 % | 13.19 % |
| Digital Product Design - Full Time - Online | 9,000 € | 5 | 11.22 % | 12.37 % |
| Marketing Analytics - Full Time - Hybrid | 9,600 € | 5 | 12.01 % | 13.12 % |
| Marketing Analytics - Full Time - Remote | 9,000 € | 5 | 11.26 % | 12.30 % |
General interest rates are changing a lot at the moment due to the central banks’ reaction to inflation. As a result, the costs of CHANCEN eG are also changing significantly. CHANCEN eG may therefore have to change the conditions at short notice.
The first step towards your future is the decision to complete a Bootcamp at the WBS Coding School. With the ISA you have the freedom to choose your desired degree, without worrying about the tuition fees.
As soon as you have been accepted for your bootcamp at the WBS Coding School, you can simply apply for support from CHANCEN eG. Complete the application form and select a date for your interview. Should you be a suitable member for our solidarity community, we will offer you a contract. Please note that we do not require collateral or a guarantor.
You can completely focus on your Bootcamp. With an ISA, your tuition fees are paid directly by CHANCEN eG to the WBS Coding School. Once you have graduated, you can take your time in deciding what the next steps on your career path will be. Maybe you would like to travel or do an internship? Learn more about the ISA.
With your first annual income that exceeds 27.000 Euros, you start repayments to CHANCEN eG, set at a fixed percentage of your total income. To calculate your individual annual repayments, your annual tax return statements are disclosed to us. Should you take a sabbatical or choose to study further your repayments are put on hold until you can afford to pay them again. Here you can download some repayment examples and learn further about repayment.
Your repayments ensure future generations also have access to fair financing.
Your repayments are discontinued once you have reached the end of the repayment period, irrespective of the sum of money you have paid back. You are welcome to continue being a member of CHANCEN eG and engage in educational funding opportunities for future generations.