RefactorU, LendLayer Join Forces to Provide Students Practical Payment Plans
Boulder, CO (PRWEB) April 22, 2015 -- RefactorU and LendLayer have partnered to provide students with a feasible and flexible financing option for RefactorU’s Full-Stack Web Application Development Bootcamp. Bootcamps like RefactorU often prove lucrative for students upon graduation, but they typically require a hefty initial payment. This new partnership allows students to pay a small monthly amount as they progress through RefactorU’s ten week program, allowing for a grace period during which graduates can complete the program and find a job.
“LendLayer’s service represents an outstanding mix of value and flexibility for RefactorU’s students, enabling those who cannot otherwise afford to accelerate their careers to do so with ease. RefactorU is committed to student success and our relationship with LendLayer takes that a step further, said Sean Daken, Founder and CEO at RefactorU.
Many students interested in attending a development bootcamp start from a place of financial uncertainty. When juggling personal responsibilities while leaving a job or traditional education experience to start a new career, money undoubtedly influences one’s next step. Often seeking to improve one’s technical skills can feel like an inadequate reason to suspend your paycheck for ten weeks. Whether one starts as a career-changer, college student or tech professional, RefactorU and LendLayer believe that no one should have to forfeit pursuing their goals and interests because they can’t afford to get started.
As an official LendLayer partner school, RefactorU now provides incoming students with the option to pay as little as $50 per month for the first few months of the bootcamp before starting full payments, which usually have a 36-month term. This allows graduates to get established in their new careers before being asked to absorb a larger monthly payment. Moreover, unlike some other private financing options, there’s no prepayment penalty so graduates can reduce their total expenses by making extra payments if they choose to. The benefits of this partnership extend beyond the scope of easy tuition payment. Perks of LendLayer’s program include the opportunity to build credit as payments are made and access to free hosting, book discounts, and online learning materials.
"RefactorU has secured its position as a top accelerated learning program. We want to give more people access to their top-tier education," said Steve McGarry, Co-Founder at LendLayer. "Based on the outcomes RefactorU provides, we couldn't be happier to finance their future students."
About RefactorU
RefactorU accelerates the learning and development of the world's aspiring creatives, makers, and technologists. RefactorU empowers individuals to reinvent themselves to meet the needs of today's technology-driven economy while building lifelong professional networks for the future. RefactorU also enables corporate technology teams to significantly improve bench strength while increasing employee retention and reducing risk. Learn more about RefactorU at http://www.refactoru.com or call 720-441-2633.
About LendLayer
LendLayer provides financing options for students attending selected partner schools. LendLayer is a startup founded by coding bootcamp graduates. Upon seeing the lack of financing options for bootcamp students first hand, LendLayer made it their mission to open up access to this educational experience. They work with schools to allow them to select students based on their potential, not their current financial situation. For more information about LendLayer, visit http://lendlayer.com or send an email to [email protected].
Sean Daken, RefactorU, http://refactoru.com, +1 (720) 441-2633, [email protected]
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