Changing your career doesn’t have to mean going into debt.
Thanks to partnerships with charitable foundations and local and national government initiatives, we have access to funding sources for those who qualify.
Financial assistance available: The Deep Dive Coding Bootcamps are non-credit courses that are not eligible for traditional financial aid. However, many Albuquerque residents qualify for funding resources that can cover some or all of their tuition costs. Financial assistance may also be available to help offset other costs as well. The following resources have specific qualification requirements. Our staff will work to connect you with as many resources as are available to you. Please apply to the bootcamp before inquiring about how to apply for these payment options.
W.K. Kellogg Foundation Access Funds
The W.K. Kellogg Foundation has awarded CNM Ingenuity funds to improve the economic security of eligible individuals in Bernalillo County by providing training and support in obtaining high quality STEM (Science, Technology, Engineering, Math) related jobs.
If you are eligible you may be awarded funds to cover some or all of the following*:
- The entire course tuition cost
- Course supplies, such as a laptop
- Childcare reimbursement (up to $1,000 per month, per child, during the training program, must be through a licensed daycare provider)
- Technical assistance
- Paid internship opportunities
Eligible graduates who start a software development company after graduating a Deep Dive Coding Bootcamp may receive sales assistance to acquire initial contracts. These funds will be taxable to you or your business.
*Please note, these funds may be taxable.
Learn more about the Kellogg Foundation and their charitable work.
You must be a Bernalillo County resident, or a member of a Native American tribe in New Mexico, and your total household income must be 200% of federal poverty guidelines or less, meaning that your household income must be less than the numbers listed below. Additionally, you must be a person of color and a parent of a child age 8 or under.
Special consideration may also be given if you:
- Live in the Albuquerque South Valley Neighborhood
- Live in the Albuquerque International District
- Are a single mother of children under 18
Even if you meet the eligibility requirements, funds are limited and therefore eligibility does not guarantee that you will be awarded funds. If you are approved to receive Access Funds, they cannot be transferred to another person or a later class date. You can only receive funds to attend one program and you cannot transfer to another class once you are registered.
2018 Poverty Guidelines
|People in Family/ Household||200% of Poverty Level|
For families/households with more than 8 persons, add $8,320 for each additional person.
All coding bootcamps other than Digital Media are eligible for GI Bill benefits. Veterans should apply for GI Bill benefits and obtain a Certificate of Eligibility before applying to the bootcamp. The Digital Media bootcamp is pending VA approval.
TechHire New Mexico
TechHire is a program through the NM Workforce Connection Center that provides training, work experience, and job placement for IT job seekers in Bernalillo, Sandoval, Torrance and Valencia counties. The goal is to quickly advance program graduates into well-paying, high-skilled, high-growth jobs. Contact a TechHire Career Development Specialists at (505) 843-1973.
To participate in this program, you must be:
- In possession of a High School Diploma or equivalent (GED)
- Between the ages of 17 and 29
- Have barriers to training and employment, such as
– No post-secondary education
– No work experiences and/or lack skills necessary to secure employment
– Currently unemployed or underemployed
- Residing in Bernalillo, Sandoval, Torrance or Valencia County
Please note: TechHire New Mexico has a policy of priority placement for veterans and spouses of veterans who meet the program’s eligibility requirements.
Workforce Investment Opportunity Act (WIOA)
The Workforce Investment Opportunity Act (WIOA) is for those who are unemployed or laid off. WIOA funding provides training funds for jobs in demand. Currently, all but the Fullstack bootcamp are covered by WIOA. Visit your local NM Workforce Connection office for more details.
Division of Vocational Rehabilitation
The Division of Vocational Rehabilitation (DVR) provides tuition and other assistance for those who have an impairment which “constitutes a substantial impediment to employment.” Contact a DVR representative for more details.
If you do not qualify for other types of funding, a student loan may help cover your tuition costs. Our staff cannot assist in applying for loans, but the following are options you may wish to consider. Before you apply for a private loan, it’s important to understand what’s involved to avoid any surprises. This article by Lend Edu discusses some of the details you should be aware of.
- Sallie Mae Student Loans
- Wells Fargo Career Training Loans
- Citizens Bank Continuing Education Loans
Trade Adjustment Assistance
The Trade Adjustment Assistance (TAA) program was created to assist workers dislocated due to foreign imports or the transfer of production to other countries. The program offers great benefits including money for retraining and reimbursement of job search and relocation expenses.
5 Ways to encourage your Employer to pay for you to attend
- Ask – A simple request is usually all it takes.
- Show the website – Get your boss to read it. Send the link in an email.
- Stress the benefits – Additional skills training will make you a more productive employee. Be very specific about how this training will help you make more money for your employer – perhaps you’ll be able to maintain your company website internally or you’ll be able to help create software that will automate a business process.
- Emphasize the convenience – Why go out of town for training when you can get quality training right here?
- Compare the competitive pricing – Your employer will be pleased to know they are paying a little less and getting a lot. Check the prices. They’re hard to beat!