INtroducing: The LaunchPad Program
Enroll Free. Tuition Deferred Until You Land A Job
$40,000
Your ISA only starts if you make at least 40k.
15%
Pay 15% of your income for no more than 36 months.
36 Months
You will never pay more than 36 monthly payments.
$25,000
Never pay more than 25k regardless of your salary.
$0
If you stop working your ISA payment pauses.
10 Years
Your ISA expires after 10 years even if you make no payments.
We’ve completely removed the risk to attend Coder Foundry, so everyone who has the aptitude to be a Software Developer can have access to this opportunity.
Students who want an alternative to paying out-of-pocket or with a traditional education loan should apply for the Launchpad Program.
We are committed to the transparency of our ISA program. So we have detailed the most important aspects of our program. If you are interested, here are 8 things you should know about the Launchpad Program:
If you are accepted into the Launchpad Program and attend Coder Foundry, and do not land a job making over $40,000 annually, then you pay nothing. This aligns our mutual goals - both you and our school are focused on placing you into a job as quickly as possible.
There is no fee for enrolling in the school. Your tuition is deferred until you gain employment that pays you over $40,000. This enables you to get started with your training immediately, without worrying about upfront payment.
Your tuition is based on your salary level. However, it is capped at $25,000, total. No matter how high the salary you collect, you never pay more than the cap.
Your tuition payment is capped at 36 payments. Your agreement with us automatically ends after that period, regardless of the amount of tuition you have paid.
If for some reason you lose employment for a few months, your payment responsibility is paused until you can secure a new job making over $40,000.
Students are required to establish a bank account approved by Leif, our ISA servicing partner, and deposit all earned income (from any and all sources) into the approved bank account. This account will be used to pay the tuition unless you want to use another form of payment like a credit card.
Students must provide Leif with certain documentation including without limitation, pay stubs, W-2’s, offer letters, and deferred compensation agreements; This information is used to calculate your tuition payment.
If earned income is underreported (whether intentional or unintentional) Leif can increase the payments to a maximum of 150% of Income Share or add a fixed monthly underpayment fee which shall not exceed $1,000 per month. In the event this does happen, you will never pay over the $25,000 cap.
ISA CALCULATOR
Check out our ISA calculator to find exactly how much you would pay based on your salary:
Some potential examples based on earning 40k, 80k & 120k per year:
This Launchpad Program is possible because we’ve helped students from all backgrounds and levels of ability start new careers in coding. However, if you still have questions we can send you a copy of the ISA agreement and we will answer any questions you have about the program.
We’re confident that if you are willing to fully commit to our training, we will help you switch careers and get a new job as a Software Developer.
How to Apply to Launchpad
Schedule a call with an Admissions counselor to discuss this new program, and our traditional financing options.
You will be asked to take an assessment quiz, and submit information about your career history and goals.