If you're looking to pay monthly rather than all upfront, we do have loan options. One of our lending partners, Climb Credit, works separately from us but they provide a unique service that allows students to make manageable monthly payments over a few years.
With Climb, you can finance up to full tuition less a deposit you pay directly to the school. Climb only works with schools that have been verified and demonstrate increased earning potential for graduates of their programs.
Their loan process is simple and fully-online. You can complete a Climb application in less than 5 minutes, and the vast majority of their applicants receive a funding decision almost immediately. This application process doesn't do a hard pull on your credit so just applying won't have a negative impact on your credit score until after the loan is funded. This means you can apply multiple times with multiple co-borrowers until you get the best rate. Climb works with students from all kinds of credit backgrounds, including people without any credit to their name.
If your application is approved and you decide to accept a loan with Climb, you can make smaller or even no payments while you're in school so you can focus on your boot-camp, not your loan.
Do I need a co-borrower to take out a Climb loan? Having a cop-borrower isn't required, but you can may end up with a lower interest rate if you do decide to apply with one. Adding a co-borrower can also increase your chances of getting approved.
What would my interest rate be? Climb's interest rates, which are always fixed, range from 6% to
15%, which means you don't have to worry about your monthly payment amounts changing from month to month. What your rate ultimately depends on is your state of residence, the program
you enroll into, your credit history, and any applicable laws and regulations.
How (and when) should I expect my loan to be funded? Once your loan is finalized, accepted by
you, and we’ve verified your attendance in the program of your choice, Climb would send tuition
funding directly to us.
How do I make loan payments? Payments are handled by Climbs loan servicing partner, University Accounting Service. Through UAS, you can enroll into autopay or make manual monthly payments online or by personal check. Most Climb borrowers choose autopay because they don’t have to worry about late payments. As an added bonus, Climb will reduce your interest rate by 0.25% if you sign up for autopay. Climb will send you instructions on how to sign up for UAS once your loan is funded.
What happens if I am unable to make a payment? Climb wants to help! They offer payment deferment options for qualifying borrowers. Just reach out to learn more.
When do I start making monthly payments? Your first payment is due one month after your loan is funded by Climb.
So how do I apply? Our admissions team can send you a link to start your application; you can also choose to apply through the link on our website, or by going onto Climb’s website if you want to learn more about Climb before you apply. All applications are paper-free and can be submitted from your computer, tablet, or phone.
You'll want to make sure you fill out an application for the specific school and program you'll be attending since Climb specifically links their loans to individual courses.
What happens if I get denied for a Climb loan? When a student is denied, they will be asked to reapply with a co-borrower. The student will then receive a separate email that includes an Adverse Action Notice with more information on the decision.
If you have any additional questions about Climb or their application process, you can reach out to Climb's Student Success Team through live chat at their website (climbcredit.com), email at firstname.lastname@example.org, or phone at 888-510-0533. Their team is available 9am - 9pm EST,
Monday - Friday.