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One click to transform your career with Galvanize!

  • Finance your tuition and living expenses
  • One low, fixed interest rate on 3- and 5-year loans
  • No income, employment nor educational criteria used in underwriting
  • No prepayment penalties // full repayment grace period
  • Calculate your monthly payments before starting your loan application
  • Credit denied? You may be eligible for the Access Program

Choose What Works For You

Web Development Finance between $2,000 and $26,600. Your financing max is eligible to include:

  • Tuition (less $1.5k deposit - you are not able to finance your deposit)
  • Mac Computer ($1.1k)
  • Supplemental Living Stipend ($6k)

Make interest-only payments while in-course and for two months following graduation. Example loan amounts and estimated payments below. Please see full terms at the bottom of the page.

Please note: Supplemental cost of living may only be added to max tuition financing. Students may not finance cost of living apart from tuition financing.

Loan Amount (Examples) Term (Months) Interest Rate General APR* In-School Payments
(Interest Only)
Post-Graduation Payments
$16,000 36 8.49% 9.95% $117 $520
$16,000 60 10.49% 11.55% $144 $354

Data Science & Data Engineering Finance between $2,000 and $18,600. Your financing max is eligible to include:

  • Tuition (less $1.5k deposit - you are not able to finance your deposit)
  • Mac Computer ($1.1k)
  • Supplemental Living Stipend ($3k)

Make interest-only payments while in-course and for two months following graduation. Example loan amounts and estimated payments below. Please see full terms at the bottom of the page.

Please note: Supplemental cost of living may only be added to max tuition financing. Students may not finance cost of living apart from tuition financing.

Loan Amount (Examples) Term (Months) Interest Rate General APR* In-School Payments (Interest Only) Post-Graduation Payments
$12,000 36 8.49% 10.12% $87 $390
$12,000 60 10.49% 11.63% $108 $266

*General APR = Annual Percentage Rate. The general APR that is charged for borrowing includes a 3% origination fee.

How It Works

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Get accepted into a Galvanize immersive program.

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Ease of application: Less than ten minutes to complete your online loan application. Receive provisional credit approval within minutes.

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Skills Fund disburses your tuition and computer financing directly to Galvanize. Your supplemental living stipend is mailed to you roughly two weeks after your program start date.

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Full repayment grace period: Your full loan payments will start two months after you graduate.

Already Accepted to Galvanize?

Frequently Asked Questions

Do I qualify for a Skills Fund loan? ▾

We’ve worked with Galvanize to provide as many of their students as possible with access to competitive financing. As long as you meet the underwriting criteria, such as no recent bankruptcies or no history of default on any private or government student loan, you will most likely qualify for a Skills Fund loan. We are able to lend in all U.S. states.

Credit denied? You may be eligible for the Skills Fund & Galvanize Access Program. Learn more details at Access@Skills.Fund.

What is the Skills Fund & Galvanize Access Program?

Galvanize & Skills Fund are proud to offer a new take on financing; one in which all capable students have no barriers to professional opportunity and success. All credit denied students may be eligible to move forward on the Access Program. Please inquire at Access@Skills.Fund for additional details.

How much can I borrow and for what specific uses? ▾

For the Web Development program, you are eligible to borrow up to $26,600. Loan proceeds can be used for Galvanize’s tuition, computer purchase, and supplemental living-related expenses.

For the Data Science and Data Engineering programs, you are eligible to borrow up to $18,600. Loan proceeds may be applied towards Galvanize's tuition, computer purchase and supplemental living-related expenses.

Please note: Supplemental cost of living may only be added to max tuition financing. Students may not finance cost of living apart from tuition financing.

What is the deferment period? ▾

The deferment period is defined as the time you are attending the course, plus an additional two months after completion (to help in your job search). Interest-only payments are required during this period. After the deferment period ends, payments of principal and interest are required.

How much are interest payments during the deferment period? ▾

The interest only payments depend on how much you borrow; the less you borrow, the less you will pay.

For the Web Development program's maximum loan amount ($26,600), the interest only monthly payment is approximately $240 per month for the 60-month term loan.

For the Data Science and Data Engineering program's maximum loan amounts ($18,600), the interest only monthly payment is approximately $168 per month for the 60-month term loan.

Please see terms at the bottom of the page.

What information do I need to provide Skills Fund? ▾

During the loan application process, we will ask you for the following information:

  • Full name
  • Address
  • Email and other contact information
  • Social Security Number
  • Date of birth
  • Loan amount requested
  • Three personal references
  • Cosigner information (if applicable)

Will you check my credit? ▾

Yes, we will check your credit, including your credit score.

Will I get charged any fees for taking out this loan? ▾

You will be charged an origination fee of 3%. This amount will be added to the amount of tuition you borrow, and included in the total loan principal amount you finance. This fee helps cover the administrative fees associated with originating the loan and charged by our partner bank. Please see terms at the bottom of the page.

How can I apply for a loan? ▾

You will be provided a link to apply for a Skills Fund loan after you have been admitted to a Galvanize program. You can also access the application site here. Please note: only accepted students can apply for a Skills Fund loan.

How do I know if I’ve been approved for a loan? ▾

Shortly after completing your loan application, you will receive credit approval details via a pop-up window in the application. If you are credit approved, your loan will then be certified by Galvanize. If you are not credit approved, you may amend your application with a cosigner.

How will I receive my supplemental living stipend?

Your supplemental living stipend will be mailed to you roughly two weeks after your program start date. The mailing address used on your loan application will serve as your mailing address for your stipend check.

How and when will I repay my loan? ▾

You will start paying interest on your loans 30 days after we disburse funds to Galvanize. Two months post-graduation, you will start making full monthly payments (interest plus principal). We will provide you with several options for making payments, including automated payments.

Can I pay my loan faster than the initial term? ▾

Yes, you can prepay your loan at any time without penalty.

What happens to my loan if I drop out from my program? ▾

Regarding your tuition: You are responsible for the full amount you borrow plus accrued interest and fees. If you are owed a refund by Galvanize, the refund transaction will be made to Skills Fund in the amount of the refund due (but in no event greater than what that we paid to Galvanize on your behalf). If there is a balance on your loan after any applied refund, you will be required to immediately start making monthly payments for the balance.

Regarding your supplemental living stipend: You are responsible for returning these funds to Skills Fund. If there is a balance on your loan after any applied refund, you will be required to immediately start making monthly payments for the balance.

Who is Skills Fund? ▾

Skills Fund's mission is simple: we transform student lives and careers by accelerating the growth of and access to high-quality skills education. With a team of leaders in student lending, higher education and consumer protection, Skills Fund pulls upon extensive expertise to create a financing platform that is transparent, fast, and offers students financial flexibility.

Skills Fund believes bootcamps, lenders, and industry should share in ensuring student success - and that’s what we’re working daily to make happen. Read our Manifesto here.

Who is Southeast Bank and how is it related to Skills Fund? ▾

Southeast Bank is a Tennessee-chartered bank, and is the lender for all Skills Fund loans.

How do I ask more questions not covered in this FAQs section? ▾

We are more than happy to answer any additional question you might have. Just fill the form below and we will be in touch soon!

Interest Rates

Skills Fund Loan 36 Month Loan 60 Month Loan
Cosigners Note: Up to 1 cosigner might be required in some instances.
Origination Fee 3% of loan requested (1)
Interest Rate(2) Fixed
8.49%
Fixed
10.49%
Capitalization of Interest None, since interest payment are mandatory 30 days after loan is disbursed
Payments Required While Enrolled? Yes, monthly interest payments only
Separation Period (after the in-school period and before interest and principal repayment begins) 60 days after official graduation (3)
Note: interest only payments required while enrolled
Principal and Interest Repayment Term 36 months (3 years) 60 months (5 years)

This example shows the monthly payments of a $10,000 Skills Fund loan for the Web Development program:

Example on a $10,000 loan 36 Month Loan 60 Month Loan
General Annual Percentage Rate 9.95% (4) 11.55% (5)
Finance Charge (the dollar amount the credit will cost you) $2,287 (4) $4,001 (5)
Interest-Only Monthly Payment $73 (4) $90 (5)
Monthly Payment $325 (4) $221 (5)
  • (1) The 3% origination fee is assessed to all loans, and is added to the principal request, so for example, requesting $10,000 will result in a $300 origination fee that will be added to your loan balance and increase the amount you will accrue interest against to $10,300.
  • (2) Interest rates are fixed and never vary.
  • (3) Graduation dates are determined by the school, and full repayment begins 2 months after that date.
  • (4) General Annual Percentage Rate (APR): finance charge and monthly payments are based upon borrowing $10,000, a 3% origination fee, paying interest on the loan for 6 months while enrolled in the program and 2 months of grace, then the 36 month principal and interest period.
  • (5) General Annual Percentage Rate (APR): finance charge and monthly payments are based upon borrowing $10,000, a 3% origination fee, paying interest on the loan for 6 months while enrolled in the program and 2 month of grace, then the 60 month principal and interest period.