Finance your education with Quotanda in Ironhack Madrid or Barcelona! Apply in 5 minutes!
Read below the available options with terms & conditions
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Loan managed by |
Full-Time Program Cost |
7.000€ |
Part-Time Cost |
7.500€ |
Deposit |
750€ |
Installments |
12 months (10.5%) interest, 24 months (11.5% interest) and 31 months (12.5% interest) |
Interest-only Period |
Up to 5 months (Apply only in Full-Time) |
Maximum amount to finance |
Full-Time6.250€ for students from European Union with co-signerPart-Time 6.750€ for students in the European Union with co-signer
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Origination Fee |
3% of the financed amount |
Example: Full-Time |
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Loan Amount (without deposit) |
6.250€ |
Interest-only Period (while studying) |
5 months |
Interest-only period payments |
65.10€ |
Installments |
31 months |
Loan payment when amortizing |
236.95€ |
Interest Rate |
12% |
Origination Fee |
187.50€ |
Payment total amount during loan life time (including origination fee) |
7,858.57€ |
Time to get an answer |
1 day* |
On-line process |
Yes |
Digital signature |
Yes |
Requirements |
Basic documentation, good credit history and a co-signer*Subject to credit approval by Quotanda
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|
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Loan managed by |
Program Total Full-Time Cost |
7.000€ |
Total Part-Time Cost |
7.500€ |
Deposit |
750€ |
Installments |
12 months (10.5% interes), 24 months (11.5% interest) and 31 months (12.5% interest) |
Interest-only period |
Up to 5 months (apply only Full-Time) |
Maximum amount to finance |
Full-Time5.000€ for international students with international Co-signerPart-Time
5.500€ international students with co-signer and work Visa |
Example Full-Time |
|
Maximum loan amount (not including deposit) |
5.000€ |
Installments |
31 months |
Interest Rate |
12.5% |
Interest-only period (while studying) |
5 months |
Origination Fee |
150€ |
Interest-only payment period |
52.08€ |
Loan amount when amortizing |
189.56€ |
Total payment amount during loan life time(origination fee included) |
6,286.85€ |
*The not financed amount must be payed by the student before the course starts |
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Time to get an answer |
1 day* |
On-line application process |
Yes |
Digital signature |
Yes |
Requirements |
Basic documentation, good credit history and a Co-signerSubject to credit approval by Quotanda
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Who can apply for a study loan with Quotanda?
Spanish and foreign students who have been admitted into one of the campuses of IronHack located in Spain
Where to apply for a loan with Quotanda?
In the following link: https://quotanda.com/signup/ironhack.html
How much is the maximum amount that can be requested?
Spanish: € 6,250
Foreigners: € 5,000
How much is the minimum amount that can be requested?
€ 3,000.00
What documents will be needed to apply?
Student:
National ID, Driver’s license or Passport
3 recent payslips
Utility bill to verify home address
Bank statements for the last 2 months (with all account transactions)
Curriculum vitae
School Acceptance Letter
Last tax return
Co-signer:
National ID
Utility Bill to verify address (water, electricity, telephone or mobile) of the permanent address
3 recent payslips
Can I apply if I don’t have a job?
Yes, for this you must have a co-signer that is responsible for the loan of your monthly payments while you study.
What terms does Quotanda offer?
Term (months): 12 months with an interest rate: 10.5%
Term (months): 24 months with an interest rate: 11.5%
Term (months): 31 months with an interest rate: 12.5%
How much is the maximum amount that can be requested from Quotanda?
The maximum amount to be financed = cost of the course – deposit – scholarship
Example:
Maximum amount to be financed = € 6,500.00 – € 750.00 – € 1,500.00 = € 4,250.00
How long can I know if my loan was approved?
In 24 hours you can know if your loan has been approved as long as you have updated all the correct documentation.
Can I apply for a loan with Quotanda if I don’t have a job?
Yes, but you must have a “cosigner” that is responsible for paying your fees while you study.
Can the course deposit be financed?
No, the deposit must be paid by the student directly to IronHack.
Can I finance the amount of a scholarship obtained in my loan?
It is not possible to finance the amount of scholarship that has been granted.
Can I cancel the loan before the due date?
Yes, it is possible to pay or pay the entire loan at any time.
Can I apply for a loan with Quotanda if my guarantee resides abroad?
Yes, it is possible to apply for a loan with a co-signer resident abroad. Subject to document verification.
Is it possible that the co-signer is a friend or partner?
Yes it is possible.
When should I pay the first installment of my loan?
The first installment will begin to be paid the following month after starting classes.
Example: If the start of the classes is June 15th, the first installment will be July 1st.
Should all the details of the application be completed?
Yes.
What to do if I don’t have a certain document?
Please upload a blank document explaining the reasons why you don’t have the document (Example: I don’t have a driver’s license).
3 Steps to get a Loan
Fill-in the application form (5 min)
Upload all the requiered documents (10 min)
Sign the documents on-line
Términos y condiciones
Nuestra misión
Quotanda tiene como misión democratizar el acceso a la educación mejorando las opciones de financiamiento.
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