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Re-Skill Your Career with DaVinci Coders & Skills Fund

  • Finance your DaVinci Coders' tuition
  • One low, fixed interest rate for 3- and 5-year loans
  • No teaser rates or cosigner trickery
  • No income, employment, or 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

Python, Javascript, and Ruby On Rails students can borrow between $2,000 and $9,495 ($9,995 tuition - $500 deposit). Start making full payments (interest + principal) one month after your program 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
$9,495 36 8.99% 11.69% $314
$9,495 60 10.99% 12.71% $215

*General APR = Annual Percentage Rate. General APR shown on a 16-week program. The general APR that is charged for borrowing includes a 4.0% origination fee.

Video Game Development students can borrow between $2,000 and $7,495 ($7,995 tuition - $500 deposit). Start making full payments (interest + principal) one month after your program 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
$7,495 36 8.99% 11.69% $248
$7,495 60 10.99% 12.71% $169

*General APR = Annual Percentage Rate. General APR shown on a 16-week program. The general APR that is charged for borrowing includes a 4.0% origination fee.

How It Works

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Get accepted to a DaVinci Coders' developer training 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 DaVinci Coders once you start your program.

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Your full loan payments (interest + principal) will start one month after your program start date.

Already Accepted to DaVinci Coders?

Frequently Asked Questions

Do I qualify for a Skills Fund loan? ▾

We’ve worked with DaVinci Coders to provide as many of their students as possible with access to competitive financing. As long as you are a US citizen or permanent resident and meet the underwriting criteria, such as no recent bankruptcies or 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? ▾

Python, Javascript, and Ruby On Rails students are eligible to borrow between $2,000 and $9,495 ($9,995 tuition - $500 deposit). Video Game Development students are eligible to borrow between $2,000 and $7,495 ($7,995 tuition - $500 deposit). You may use your loan proceeds for DaVinci Coders' tuition, but the deposit is not eligible for financing.

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 4.0%. This amount will be added to the amount of tuition you borrow, and included in the total loan principal amount you finance. Please see terms at bottom of page.

How can I apply for a loan? ▾

You will be sent a link to apply for a Skills Fund loan following your acceptance to a DaVinci Coders 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 DaVinci Coders. If you are not credit approved, you may amend your application with a cosigner.

How and when will I repay my loan? ▾

You will start making full monthly payments (interest + principal) on your loan thirty days after we disburse funds to DaVinci Coders. 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 pre-pay 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 DaVinci Coders, 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 DaVinci Coders 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 4.0% of loan requested (1)
Interest Rate (2) Fixed
8.99%
Fixed
10.99%
Capitalization of Interest No interest will be capitalized.
Payments Required While Enrolled? Full payments (interest + principal) are required.
Principal and Interest Repayment Term 36 months (3 years) 60 months (5 years)

This example shows the monthly payments of a $7,495 non-deferred type Skills Fund loan:

Example on a $7,495 loan 36 Month Loan 60 Month Loan
General Annual Percentage Rate 11.69% (3) 12.71% (4)
Finance Charge (3) $1,427 (3) $2,671 (4)
Monthly Payment $248 (3) $169 (4)
  • (1) The 4.0% origination fee is assessed to all loans, and is added to the principal request, so for example, requesting $7,495 will result in a $299.80 origination fee that will be added to your loan balance and increase the amount you will accrue interest against to $7,794.80.
  • (2) Interest rates are fixed and never vary.
  • (3) General Annual Percentage Rate (APR): finance charge and monthly payments are based upon borrowing $7,495, a 4.0% 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 $7,495, a 4.0% origination fee, paying interest and principal on the loan starting one month after your program start date.