Student Finance & Funding Options

Don’t Let Money
Stop You From
Starting Your Tech Career

Q: Who can apply for a student loan?

You may qualify for a study loan if you are a South African citizen or permanent resident, have an ID document and proof of registration or acceptance from Code College, can provide a guarantor or sponsor in some cases, meet the credit requirements of the lending institution, earn a minimum of R7,500 per month, have a good credit record, and are able to provide proof of income.

Code College offers three ways to fund your studies — student loans through our partner Student Hero, Income Share Agreements where you only pay once you’re employed, or an interest-free instalment plan paid directly to Code College. Student loans and ISA are for SA residents only; the instalment plan is open to all students.

Explore Loan Options About ISA

✅ Student Hero partnership

✅ Study now, pay later (ISA)

✅ Loans & ISA: SA residents only

✅ Instalment plan: open to all

💰 Student Loan via Student Hero

From R485/month

Compare top SA banks & funders — free platform

⚡ Income Share Agreement (ISA)

R0 upfront — pay after you’re hired

10–25% of income, only while employed

🎓 12-Month Interest-Free Instalments

Split your tuition, no interest

Available on all Code College bootcamp tracks

Funding Your Studies

Student Loans — With Help from Student Hero

We know that paying for studies can be tough. That’s why Code College has partnered with Student Hero — South Africa’s biggest student finance support service. Student Hero helps students learn about, apply for, and compare loan options from top banks and other funders — all in one place, and it’s completely free.

Connect with Student Hero →

👉 Click to connect with Student Hero

Student Hero — South Africa's student finance platform

Free to use · No obligation

The Process

How Student Loans Work

Apply via Student Hero

Complete a quick online form and get matched with approved funders instantly.

Compare Loan Options

Student Hero compares offers from major banks and lenders so you get the best deal.

Receive Approval

Once your loan is approved, payment is made directly to Code College on your behalf.

Start Studying!

Focus on your software development training with your financing already in place.

Repayment Estimates

Example Student Loan Monthly Payments

Calculated at prime interest rate of 11.75%. You need to earn at least R7,500/month to qualify. Exact installments depend on your expenses and lender assessment.

Repayment Term	Web Programming Bootcamp (R25,000)	Web Dev Bootcamp (R50,000)	Java Bootcamp (R100,000)	Projection (R150,000)
84 months	R485.00	R970.00	R1,842.09	R2,718.05
78 months	R505.45	R1,010.87	R1,930.54	R2,850.20
72 months	R531.74	R1,063.47	R2,034.49	R3,005.51
66 months	R563.03	R1,126.06	R2,158.18	R3,190.31
60 months	R600.81	R1,201.62	R2,307.54	R3,413.46
54 months	R647.25	R1,294.51	R2,491.12	R3,687.74
48 months	R705.60	R1,411.21	R2,721.78	R4,032.34
42 months	R780.97	R1,561.94	R3,019.68	R4,477.42
36 months	R881.85	R1,763.71	R3,418.47	R5,073.22

⚠️ Bootcamp prices in this table are for illustration only and may be outdated. Please check each course page for current pricing.

Ready to explore your loan options?

Eligibility

Who Can Apply?

Three financing routes are available — a traditional student loan through Student Hero, an Income Share Agreement, or an interest-free instalment plan paid directly to Code College.

🏭

Student Loan (via Student Hero) 🇸🇦 SA residents only

South African citizen or permanent resident
ID document and proof of registration or acceptance from Code College
Guarantor or sponsor (required by some lenders)
Meet the lending institution’s credit requirements
Minimum income of R7,500 per month
Good credit record
Proof of income

🎓

Income Share Agreement (ISA) 🇸🇦 SA residents only

Matric with at least 60% in Pure Maths, or Maths Literacy with a 60% minimum average across all subjects
3-year degree or national diploma from a recognised tertiary institution also qualifies
An aptitude test may be required at Code College’s discretion
Currently unemployed (proof required)
No current sponsor (proof required)
Not studying anything else in parallel
Stable internet connection with router UPS
Laptop equivalent to Intel i5 with 8GB RAM
External monitor

💰

Interest-Free Instalment Plan Paid directly to Code College — 0% interest

Pay only the full course fee — split into equal monthly payments with zero interest
Spread over the course duration, up to a maximum of 12 months
Paid directly to Code College by debit order or EFT — no third-party lender
Available to all enrolled students — no credit check required

Examples:
Java Bootcamp — R120 000 ÷ 12 months = R10 000/month
Web Dev Bootcamp — R66 000 ÷ 6 months = R11 000/month
Web Programming Bootcamp — R30 000 ÷ 3 months = R10 000/month

⚠️ If your payment schedule extends past your course end date, progress certificates are only issued once the full fee is settled. Code College reserves the right to suspend training if payments fall behind.

Study Now. Pay Later.

Income Share Agreement — No Upfront Cost

With an ISA you don’t pay upfront or during your studies. You start repaying only once you’re employed — and only while you’re earning.

How It Works

With an Income Share Agreement, you study completely free. Once you’re employed, you repay between 10–25% of your income on a sliding scale — and only while you’re employed. If you lose your job, payments pause.

Who Qualifies?

Freshly qualified matriculants with above-average results (including Pure Maths) who pass our aptitude test
Tertiary graduates (degree or national diploma) — automatic qualification
Must be unemployed with proof
Must have no current sponsor
Not studying anything else in parallel

Hardware Requirements

If you don’t have access to the following, you may still apply, but it could delay your start date as we have limited hardware sponsors:

Stable internet connection with router UPS
Laptop equivalent to Intel i5 with 8GB RAM
External monitor

ⓘ ISAs are limited and subject to availability. We also accept matric 3rd term interim results for our January intake.

Apply for ISA →

Select the ISA option on the standard application form

⚡ 6-Month Bootcamp (Web Developer)

R75,000

ISA starting amount · R0 upfront · Pay after employment

☕ 12-Month Bootcamp (Java Software Engineer)

R150,000

ISA starting amount · R0 upfront · Pay after employment

📈 Repayment Rate

10–25%

Of your income · Sliding scale · Only while employed

How to apply: On our standard Coding Bootcamp Application Form, tick the checkbox indicating you’re applying for an ISA. Our team will contact you to discuss whether it’s the right option for your situation.

Start Application →

FAQ

Frequently Asked Questions

What is a student loan? +

A student loan helps you cover your tuition and study-related expenses so you can focus on learning. You can repay your loan gradually after completing your course — often only once you start working. Student Hero helps students compare loan options from top banks and private funders in South Africa — all in one place, completely free.

What is an Income Share Agreement (ISA)? +

An Income Share Agreement is a flexible financing option where you don’t pay upfront or during your studies. Instead, you start repaying once you’re employed, paying 10–25% of your income on a sliding scale. With Code College, ISAs start at R75,000 for our 6-month bootcamp or R150,000 for the 12-month bootcamp. This is ideal for fresh matriculants and tertiary graduates who are currently unemployed. The ISA is completely free to apply for and removes financial barriers to learning to code.

How long does loan approval take? +

Loan approvals can take anywhere from 2 to 7 business days, depending on the lender and documentation provided.

Can fresh matriculants access student financing? +

Yes! If you have above-average academic results and pass our aptitude test, you can qualify for an Income Share Agreement and study for free. We also accept your matric 3rd term interim results for our January intake. Alternatively, you can explore traditional student loans through Student Hero, which connects you with top banks and other funders — all for free.

What if I don’t qualify for a traditional bank loan? +

Our Income Share Agreement is a great alternative, especially if you’re unemployed and recently graduated. With an ISA, there are no credit checks or upfront payments — you only repay once you’re employed. Apply now and one of our representatives will contact you to discuss whether the ISA is the right option for your situation.

Do I need a guarantor? +

Some funding partners require a guarantor, but others offer loans without one, especially for employed students or those with existing income. Student Hero will help you find the best option for your situation.

Is Student Hero a bank? +

No, Student Hero is not a bank. It’s a free platform that connects students with trusted funders and banks in South Africa.

What is the interest-free instalment plan? +

Code College offers an interest-free instalment plan where you pay only the full course fee, divided into equal monthly payments — with zero interest added. Payments are made directly to Code College (not via Student Hero or any bank) by debit order or EFT, over the duration of your course up to a maximum of 12 months. For example, the Java Bootcamp at R120,000 over 12 months comes to R10,000/month. There are no credit checks — this option is available to all enrolled students.

Please note: if your payment schedule extends beyond your course completion date, progress certificates are only issued once the full course fee has been settled. Code College reserves the right to suspend training if a student falls behind on payments.

Who can apply for a student loan? +

You may qualify for a study loan if you:

Are a South African citizen or permanent resident
Have an ID document and proof of registration or acceptance from Code College
Can provide a guarantor or sponsor (in some cases)
Meet the credit requirements of the lending institution
Earn a minimum of R7,500 per month
Have a good credit record
Are able to provide proof of income

Don’t Let MoneyStop You FromStarting Your Tech Career