How Much Do Coding Bootcamp Cost? | 2022

There’s nothing worth more than knowing how much a coding Bootcamp can cost.

Over the past decade, coding bootcamps serve as a replacement for the traditional degree programs as it addresses the workforce gap by providing intensive training on tech skills in demand within a shorter time frame.

With its flexibility, the coding bootcamps allow online and In-person training to provide students with an alternative route in venturing into a new career or a career switch. 

Also, with the constant advancement in the technological sector, students may apply for advanced programs and gain knowledge within a short period. 

These Coding boot camps ‌train students in widely-used programming languages such as Python, CSS, JavaScript, and HTML. 

With these skills, coding Bootcamp graduates have landed positions in Amazon, Google, Facebook, Microsoft, Apple, and other leading technology companies.

Coding Bootcamp is cost-effective, ‌as they come with lower educational costs when compared to the traditional degree programs. 

Hence, students can save money and avoid student loan debts. Interested in applying for a coding Bootcamp and wondering how much it may cost? 

This article aims to ‌vividly explain what the Coding Bootcamp entails, how much it costs, and also how one can cover the cost of the coding bootcamps with some financial packages made available.

How Much Does Coding Bootcamp Cost

What Are Coding Bootcamps?

Coding bootcamps are designed to offer short-term intensive, practical, and project-based training to individuals interested in learning tech-related skills. 

The structure of these coding bootcamps allows for online, in-person, full-time, hybrid, and part-time placements. 

Coding Bootcamp students work on real-life projects thereby acquiring soft skills that will be relevant in the current job market and suitable for their professional portfolio. 

With a wide range of technical skills, coding bootcamps allow students to focus on courses about tech jobs in popular demand. 

These include UX/UI, full-stack development, cybersecurity, data science, and software engineering. 

With a highly structured learning environment, coding bootcamps teach students how to code and apply codes in workplace projects. 

Each course is assigned a highly experienced tutor who will guide the students on their journey. The training period could span from a period of 13-50 weeks.

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How Much Does Coding Bootcamp Cost?

The tuition cost for coding bootcamps varies based on program length, format, course load, and location. 

For example, Columbia Engineering Coding Bootcamp cost about $13,995 for a part-time course and $14,995 for the full-time option. 

In 2020, data collected from over 620 coding Bootcamp programs offered by about 120 Bootcamp providers and collated by BestColleges provide that the median Bootcamp tuition was $13,500 and the average cost was $13,579. 

The most expensive coding bootcamps cost about $20,000.

However, according to the National Centre for Education Statistics, the average undergraduate tuition between the 2018-2019 academic years, cost about $16,300. 

Now, multiply that by four years and that’s about $65,000 just to fund your education. Students who can’t afford to obtain a degree can opt for the coding Bootcamp as a survey from 2020, shows that the average part-time coding bootcamps cost about $12,265.

In addition, experienced coders are not left out as coding bootcamps also offer professional development programs that concentrate on a particular skill or programming language. 

These courses range from between $1,250 – $3,500. Also, costs vary on the technical discipline applied. For example, UX/UI design and Web Development tend to cost roughly about $12,500 on average, while Software Engineering and Data science coding bootcamps cost around $15,000.

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Asides from the cost of tuition, interested students should consider certain types of expenses that would be incurred. These include technology costs, living expenses, and opportunity costs. 

For instance, technology cost involves the software and hardware which will serve as necessary tools needed by students during their course of study. 

However, coding bootcamps are a viable alternative to traditional degree programs, but degree holders typically earn more money.

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Breakdown of the Cost of Coding Bootcamp in 2022

Tuition Costs for Coding Bootcamps

Coding Bootcamp costs cover the employment of highly experienced instructors with relevant industry expertise. 

Many Coding bootcamps also provide career development services for beginners as well as advanced learners. For example, students attending DevMountain Coding bootcamps enjoy access to a professional network of alumni and industry connections. 

The coding boot camps career support team provides interview coaching, job search help, hiring events, and mentorship programs. 

Also, tuition revenue helps the coding bootcamps maintain up-to-date technology and classroom resources.

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Technology Costs for Coding Bootcamp

While many coding bootcamps require students to own personal computers or laptops capable of handling program activities, additional costs may include high-speed internet access, webcams, microphones, and headphones. 

Also, Coding bootcamps may assign specific operating systems, but all applicants should plan to update their operating system to its latest version.

For example, Thinkful’s minimum PC requirements include 4GB of RAM, a 100 GB hard drive, and a 1.8 GHz processor. The cost of a new laptop with those specs can range from about $400-$800.

Other Costs Associated With Coding Bootcamps

The cost of a coding Bootcamp can include indirect expenditures beyond tuition and technology. Students should budget for living expenses such as food, housing, and transportation.

Coding Bootcamp enrollees should also consider the impact of lost or reduced income during the program’s duration. 

Required pre-assessments and introductory courses may add additional weeks to the expected schedule. The post-graduation job search may also cost time and resources.

Financial Perks of Coding Bootcamps

Coding bootcamps may offer financial incentives to students which are not commonly provided for by a college degree program. 

Such include money-back guarantees and Deferred Tuition, which provides the ability to learn without making a down payment on tuition. 

In addition, since students aren’t gainfully employed and acquiring an accommodation could become a difficulty, some coding bootcamps provide accommodation for their students. 

For example, before the COVID-19 pandemic, DevMountain provided accommodations for full-time, in-person students.

Also, most coding bootcamps offer job guarantees which provide extra security for their students. These guarantees may take the form of tuition refunds. 

For instance, Thinkful offers a tuition refund guarantee to graduates who follow stipulated job search guidelines but do not land a qualifying position within 180 days. In the competitive tech career market, these guarantees offer some peace of mind.

Coding Bootcamp Payment Options

Since most coding bootcamps programs lack the appropriate accreditation, their students do not qualify to apply for or receive federal student financial aid. 

On the other hand, students can take advantage of some other options to help handle the cost of the Coding Bootcamp. 

Many students finance their coding boot camp programs using one of the following options:

1. Upfront Tuition:

 Interested students pay the total cost in full before commencing the program. This payment method enables students to save money and avoid added interest rates and other fees in the long term.

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2. Deferred Tuition:

This option means that students can pay little to no upfront tuition, which is delaying payments until the student graduates and secures employment. 

Once gainfully employed, monthly deductions would be made to cover the outstanding debt.

3. Income Share Agreement:

This payment method is like deferred tuition. This is an arrangement where a student agrees to pay a percentage of their future salary to the Coding Bootcamp for a set period, as long as they meet a minimum income threshold.

4. Scholarships:

They usually make scholarships available to students in coding bootcamps. 

These scholarships may cover all or part of the intensive training. Scholarships are awarded to qualified persons or underrepresented groups in society. 

5. Loans:

Banks and other financial institutions offer private loans to Coding boot camp enrolled, but they must fulfill certain requirements before these loans are obtained. 

Such requirements include credit score history, income statistics, and so on.

6. GI Bill®:

GI Bill programs help veterans and active military personnel pay for education. This form of aid only applies to select bootcamps, so learners should verify their program’s eligibility.

How Do Coding Bootcamps Work?

Comprehensive coding bootcamps normally require 13-40 weeks of study. Shorter coding courses may span from 5-7weeks. 

With the condensed time frame of training, they must design these educational programs around two core pillars: Speed and High-impact learning.

Speed

The traditional degree program requires acquiring a bachelor’s degree in Computer science within the space of four years. 

Computer Science degrees involve lessons on a wide range of topics relevant to computing. Most students will take classes on programming and software development. 

In addition, when taking a four-year degree, there are many lectures on topics like networking, operating systems, and computing theory that help understand the topic in academia (theory), but that are disconnected from the practical aspect of the daily life of a software developer in actuality. 

Coding bootcamps bridge the gap between the theoretical world of academia and the real world that meets the current needs of the technological sector.

Despite the two programs being different, both a four-year degree in Computer Science and a certification from a quality coding bootcamp can provide a viable path to starting a career in the tech industry.

High Impact Learning

Coding bootcamps focus on high-impact learning and teach only the skills that are relevant to society. 

These programs focus intensely on equipping students with the tools, and skills needed for coding. Since the time frame is short-termed, non-essential skills are cut off from the coding bootcamp curriculum.

This means that coding bootcamps are suitable for individuals who want to get the technical skills that will help them become employable but also do so within a short time frame.

However, given that coding bootcamps’ focus is to provide an accelerated rate of high-impact learning, these education programs are not for everyone. 

Instead, these programs are designed specifically for persons who want to maximize the number of skills they get in a short amount of time during an intensive training experience.

Which Coding Bootcamps is the Best? In-Person or Online Classes.

Online coding bootcamps are typically cheaper than In-person programs. For example, Bottega’s 12-week online program costs $12,000 while Galvanize’s 12-week in-person program costs $17,980.

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Many online programs tend to align with their in-person counterparts and try to imitate their instruction method and coursework. They follow their pattern by using remote collaboration tools, such as Zoom and Slack. 

In considering whether an online Bootcamp will be worth it before signing up, ensure you understand how they will deliver content and that you are satisfied with taking on the workload remotely.

Conclusion

Coding Bootcamps can provide an entry to lucrative tech careers. They provide the most benefit to individuals with some computer science background. 

Individuals can leverage their Coding Bootcamp training to launch into a new career or advance their current tech skills. 

Some companies even provide tuition assistance for their employees to attend coding bootcamps.

On the other hand, coding bootcamps requires students to invest time and energy as well as money. 

With employers increasingly interested in hiring coding Bootcamp graduates, and with bonuses like money-back guarantees and lower tuition costs, many students find coding bootcamps to be beneficial.

Are There Any Free Coding Bootcamps?

Some bootcamps are free to students who meet specific criteria. These programs may provide the same vitality and career prospects as paid programs, or they may be better suited to help you prepare for a paid Bootcamp. 

When applying for such, ask whether the program offers a certificate or serves as a prep program for the school’s paid Bootcamp to get a proper understanding of it.

Free coding bootcamps include:

1. 42

Opting for this means that you must complete 42’s free four-week pre-Bootcamp training program to win admission to its self-paced coding Bootcamp.

2. Ada Developers Academy

Suitable for women and gender-diverse adults. These persons can receive access to the free full-time coding Bootcamp if they align with Ada Developers Academy’s goal and culture, which includes a passion for software development and an investment in social justice.

3. The Data Incubator

Experienced coders with at least a bachelor’s degree in a STEM field, that is, science, technology, engineering, or math can apply for the data science fellowship program, an intensive eight-week coding boot camp, to up-level their coding career.

4. Resilient Coders

Interested students must identify as a person of color between 18 and 30 years old to qualify for a free coding Bootcamp with Resilient Coders. 

Also, you must attend one of their free one-day hackathons to be considered.

FAQs

Why Are Coding Bootcamps Important?

We live in a world where technology continuously advances. Software is drastically taking over the world. This transition changes how we live our lives, but also needs employees with software engineering skills capable of building the technology required for operations.
Also, attending a coding Bootcamp is a reasonable path to transition into a career in Web development as an alternative or addition to graduating with a four-year degree in Computer Science.

Is Online Coding Bootamps Cheaper?

As the costs for ln-person and online coding bootcamps vary widely from program to program, it suffices to say that some online options are economical, but they often cost around the same price as in-person programs. 
Due to COVID-19, Many in-person coding bootcamps have been forced to organize virtual classes as a replacement for in-person classes. Also, some coding bootcamps offer scholarships to students adversely affected by the pandemic.

References

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