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A Partnership for Your Success

  • Finance your Origin Code Academy tuition
  • One low, fixed interest rate for 3- and 5-year loans
  • No teaser rates nor cosigner trickery
  • No income, employment, nor educational criteria used in underwriting
  • Cosigner options available (only if you need them!)
  • No prepayment penalties
  • Calculate your monthly payments before starting your loan application

Choose What Works for You

Day Class students can borrow between $2,000 and $11,500 ($12,500 tuition - $1,000 deposit). Make interest-only payments while in program and for two months following graduation. Example loan amounts and estimated payments can be found below. Please see terms at the bottom of the page.

Loan Amount (Examples) Term (Months) Interest Rate General APR* In-School Payments (interest only) Post-Graduation Payments
$10,000 36 8.49% 10.12% $73 $325
$10,000 60 10.49% 11.63% $90 $221

*General APR = Annual Percentage Rate. General APR shown on a 12-week program. The general APR that is charged for borrowing includes a 3.0% origination fee.

Night Class students can borrow between $2,000 and $11,500 ($12,500 tuition - $1,000 deposit). Start making full payments (interest + principal) one month after your cohort start date. Example loan amounts and estimated payments can be found below. Please see terms at the bottom of the page.

Loan Amount (Examples) Term (Months) Interest Rate General APR* Monthly Payments
$10,000 36 8.49% 10.52% $325
$10,000 60 10.49% 11.78% $221

*General APR = Annual Percentage Rate. General APR shown on a 18-week program. The general APR that is charged for borrowing includes a 3.0% origination fee.

How It Works

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Apply after your acceptance to an Origin Code Academy Full Stack 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 financing directly to Origin Code Academy once you start your program.

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Day Classes: Your full loan payments will start two months after you graduate. Night Classes: Your full payments will start one month after your cohort starts.

Already Accepted to Origin Code Academy?

Frequently Asked Questions

Do I qualify for a Skills Fund loan? ▾

We’ve worked with Origin Code Academy 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.

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

For Origin Code Academy, you are eligible to borrow between $2,000 and $11,500 ($12,500 tuition - $1,000 deposit). You may use your loan proceeds for Origins Code Academy's tuition - deposit is not eligible for financing.

What is the deferment period? ▾

For Day Classes ONLY: The deferment period is defined as the time you are attending the course, plus an additional two months after completion. 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? ▾

For Day Classes ONLY: Interest-only payment amounts depend on the amount borrowed and the term of the loan. For a $10,000, 60-month loan, for example, these payments equal $90/mo.

Do I need a cosigner? ▾

If you do not meet the loan underwriting criteria, a cosigner will be needed. You can (1) apply individually, and should you not be approved, you can reapply with a cosigner, or (2) initiate your loan process with a cosigner.

Please note: we advise you to apply individually to begin, and should you not be credit approved, you may amend your application with a cosigner.

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 3.0%. 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. 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 accepted to an Origin 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 Origin Code Academy. If you are not credit approved, you may amend your application with a cosigner.

How and when will I repay my loan? ▾

For Day Classes: You will start paying interest on your loans one month after Skills Fund disburses funds to Origin Code Academy. Two months post-graduation, you will start making full monthly payments (interest + principal). For Night Classes: You will start making full monthly payments (interest + principal) one month after your cohort start date.

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? ▾

You are responsible for the full amount you borrow plus accrued interest and fees. If you are owed a refund by Origin, 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 Origin 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.

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.

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 3.0% of loan requested (1)
Interest Rate(2) Fixed
8.49%
Fixed
10.49%
Capitalization of Interest None, since interest payments are mandatory 30 days after loan is disbursed
Payments Required While Enrolled? Interest-only type loans: Yes, monthly interest payments only
Non-deferred type loans: full payments (interest + principal) are required
Separation Period (after the in-school period and before interest and principal repayment begins) Two months after official graduation (3)
Note: interest-only type loans require interest-only payments while in school and during the separation period.
Principal and Interest Repayment Term 36 months (3 years) 60 months (5 years)

This example shows the monthly payments of a $10,000 interest-only type Skills Fund loan for an eligible Origin Code Academy Day Class:

Example on a $10,000 loan 36 Month Loan 60 Month Loan
General Annual Percentage Rate 10.12% (4) 11.63% (5)
Finance Charge (the dollar amount the credit will cost you) $2,068 (4) $3,730 (5)
Interest-Only Monthly Payment $73 (4) $90 (5)
Monthly Payment $325 (4) $221 (5)
  • (1) The 3.0% 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 3.0% origination fee, paying interest on the loan for 3 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 3.0% origination fee, paying interest on the loan for 3 months while enrolled in the program and 2 month of grace, then the 60 month principal and interest period.

This example shows the monthly payments of a $10,000 non-deferred type Skills Fund loan for an eligible Origin Code Academy Night Class:

Example on a $10,000 loan 36 Month Loan 60 Month Loan
General Annual Percentage Rate 10.52% (3) 11.78% (4)
Finance Charge (the dollar amount the credit will cost you) $1,704 (3) $3,280 (4)
Monthly Payment $325 (3) $221 (4)
  • (1) The 3.0% 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) General Annual Percentage Rate (APR): finance charge and monthly payments are based upon borrowing $10,000, a 3.0% origination fee, paying interest and principal on the loan starting one month after your program start date.
  • (4) General Annual Percentage Rate (APR): finance charge and monthly payments are based upon borrowing $10,000, a 3.0% origination fee, paying interest and principal on the loan starting one month after your program start date.