Finance your education with Quotanda in Ironhack Madrid or Barcelona! Apply in 5 minutes!

Read below the available options with terms & conditions

 
 
 Loan managed by
 Program Total Full-Time Cost
 7.000€
 Total 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-Time
 6.250€ for students from European Union with Co-signer 
 Part-Time
 
 6.750€ for students in the European Union with Co-signer
 
 Origination Fee
 3% of the financed amount
 Example: Full-Time
 
 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
 12.5%
 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

 
 
 
 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-Time
 5.000€ for international students with international Co-signer
 Part-Time
 
 5.500€ for 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
 
Time to get an answer
1 day*
On-line application process
Yes
Digital signature
Yes
Requirements
Basic documentation, good credit history and a Co-signer
Subject to credit approval by Quotanda

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: http://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).

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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
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