In order to fully support our Student First mission, we know that it’s not enough to offer a career-focused curriculum. We need to make our programs accessible for anyone who’s motivated to change careers. That means helping to break down financial barriers with a range of straightforward, student-friendly payment plans.
We’re happy to announce our latest step in that direction–Deferred Tuition for part-time programs. With this payment plan, you can learn now and pay later. Most importantly, you’ll know before you start your program how much you’ll owe.
Once you’ve graduated and have secured a qualifying position, you’ll pay a fixed monthly fee. If your education doesn’t lead to a qualifying position as defined by our Tuition Refund Guarantee (the “TRG”) and you meet all other TRG requirements, you’ll owe nothing*.
You’ve chosen to invest your time and money into a new career, and we support you. We succeed only when you do.
How It Works
Unlike our Income Share Agreement, your deferred tuition cost won’t go up if you end up landing a higher salary (as many of our grads do). You’ll know your exact tuition cost and interest rate before you even start the program. And the best part is, you won’t owe us a thing until you graduate and start earning.
- You pay $0 upfront.
- Once you receive an offer for a position making $40,000 or more pre-tax per year, or you start a contract making at least $3,333.33 a month pre-tax for 3 consecutive months, you’ll start paying back your deferred tuition.
- You’ll have a fixed monthly fee for 36 months. It’s not an income share agreement. Your deferred tuition will cost the same amount whether you make $50,000 or $150,000. Like a traditional loan, it will accrue interest (at a rate of 10.5% per year).
Deferred tuition is currently available for part-time programs only. If you qualify, you’ll be backed by our Tuition Refund Guarantee: If you don’t secure a Qualifying Position within 6 months of graduating, you’ll owe nothing*.
How Much You’ll Pay
Below is the deferred tuition cost for all of our part-time programs.
The deferred tuition price is higher than our up-front cost. But for many who are considering a major career change, the combination of deferred tuition and our job guarantee makes the leap into a new field less risky, giving you the confidence you need to take the plunge.
When you’re ready, let’s chat about the next step. Our Admissions team is ready and waiting to answer all your questions about our payment options, curriculums, and everything else that goes into this big decision.
With some of the lowest tuition prices on the market and more payment options than ever before, you’ve got a clear path to a new career. If you’ve been considering a change, now is the time to find your place in tech.
*Additional requirements apply. For complete details, please visit https://go.thinkful.com/tuition-refund-guarantee.