Quotanda Loan

Tuition Cost

6,500€

Codeworks Deposit

2,000€

Loan Amount

2,000€ – 4,500€

Interest

11% – 12.5%

Opening Cost

3.0%

Interest Only Period

Up to 4 months

Installments

Up to 36 months

Example

Loan amount

4,500€

Installments & Interest rate

36 months / 12.5%

Opening Cost

135€

Interest Only Period

46.88€

Monthly payment

150.54€

Total cost of the loan

5,741.99€

Total cost of the course

7,741.99€

Time to get a response

1 day

Online application process

Yes

Digital Signature

Yes

Requirements

Basic documentation, good credit history and a cosigner.

Process

Apply to Codeworks.

Contact Quotanda via support@quotanda.com to confirm the necessary documentation.

Go through the Codeworks admission process and be admitted into the course (4-6 weeks for students without previous coding experience. 1-3 weeks for students with previous coding experience).

Apply to Quotanda from their website and upload all the documentation.

Financing approval.

Pay the 2,000€ deposit to Codeworks to get access to the pre-course

Loan Conditions

Subject to Quotanda’s credit check.

The applicant must be accepted by Codeworks.  

Students Loan

Quotanda Loan

Tuition Cost

6,500€ 

6,500€

Codeworks Deposit

2,000€

2,000€

Loan amount

Up to 4,500€

2000€ – 4,500€

Interest

5%

11% – 12.5%

Opening Cost

0.5% (minimum 60€)

3.0%

Interest Only Period

Up to 4 months

Up to 4 months

Installments

Up to 8 years

Up to 36 months

Example 

Loan amount

4,500€

4,500€

Installments & Interest Rate

36 months / 5%

36 months / 12.5%

Opening Cost

60€

135€

Interest Only Payment

18.75€

46.88€

Monthly payment

134.87€

150.54€

Total cost of the loan

5,159.04€

5,741.99€

Total cost of the course

7,159.04€

7,741.99€

Time to get a response

3-4 days

1 day

Online application process

No

Yes

Digital Signature

No

Yes

Requirements

The student needs to provide proof of income or a cosigner with stable income.

Basic documentation & good credit history 

Process

Apply to Codeworks

Contact Quotanda via  support@quotanda.com to confirm the necessary documentation.

Go through the Codeworks admission process and be admitted into the course (4-6 weeks for students without previous coding experience. 1-3 weeks for students with previous coding experience)

Submit an application by email and then go to a Sabadell Bank branch to sign the loan, open a bank account and provide documents physically.

Loan approval from Sabadell and receiving the founds.

Pay the 2,000€ deposit to Codeworks to get access to the pre-course.

Apply to Codeworks

Go through the Codeworks admission process and be admitted into the course (4-6 weeks for students without previous coding experience. 1-3 weeks for students with previous coding experience)

Apply to Quotanda from their websit and upload all the documentation.

Financing approval.

Pay the 2,000€ deposit to Codeworks to get access to the pre-course.

Finish the entire pre-course (160h / 1-2 months).

Loan Conditions

Subject to the bank approval and credit check, conditions may vary depending on the profile of the applicant.

Subject to Quotanda’s credit check