App Academy’s (Real) Tuition Model

Sheba Goldberg:

App Academy is one of many coding bootcamps that have sprung up in the past few years. For those unfamiliar with the concept, imagine an introduction to development on steroids. Walk in the class a beginner, walk out a few months later with enough knowledge to start working in tech.

App Academy’s shtick is that they don’t charge up front for tuition. Says their homepage: “You only pay us if you find a job as a developer after the program.” Their Program and FAQ pages go into more detail: the fee is 18% of your first year salary, payable over the first 6 months after you start working, and a refundable deposit of $5,000 (or lower in exchange for a higher percentage).