Cybersecurity is one of the most relevant fields in the world today. Particularly in the United States, cybersecurity professionals are in high demand. With a zero percent employment rate, the field has drawn considerable attention over the past few years. Not just the experience but the average salaries in the field are between $76,000 to $96,000 a year according to stats from PayScale and ZipRecruiter. 

What Is a Bootcamp?

This industry has become quite lucrative because of the demand and supply gap for professionals. Many professionals from other branches of information technology are looking to update themselves with the relevant knowledge and skills. In accordance with the need, several programs are being offered to impart the required knowledge and expertise. Bootcamps are one type amongst these.

Designed to last not more than six months with flexible schedules, a combination of only relevant courses and online classes, bootcamps can provide students with the appropriate experiences in a short time.

Fees and Scholarships

One of the biggest advantages of bootcamps is that there are many payment options and scholarships. Universities offer financial concessions to deserving students under several heads. These might apply to the normal programs, but they also extend to bootcamps because of the affiliation that exists between them. Students can submit their applications for the relevant course quite easily. A university board assesses these applications and makes the decision appropriately.  

Available payment options

Besides the scholarships, there are flexible payment options for those who are in search of them. This is one of many options which potential candidates search for in an educational program, certificate course or boot camp.  These courses provided by various institutes offer a number of flexible payment options. Students have the capacity to get crowdfunding, financing, deferred tuition and income sharing opportunities. 

i. Climb Credit

The climb credit option is a monthly payment structure where a certain amount of interest is applied to each deposit. Since it offers the largest time duration, each installment comes with an added credit rate which climbs slightly. A student has to pay a mere $250 at the time of enrolment and then there are 36 monthly installments. These range between $240 and $300 and the interest is between 6.9% and 13.9%. Each package is tailored based on specific students so the total cost of the course falls in the range of $8,640 to $10,800.

ii. Deferred

This is an eighteen-month installment plan with no interest rates attached. The student has to pay only $100 at enrolment. Every respective payment is $500. Collectively the package ends up costing students $9,100. This is one of the most feasible options if you can look past the sum you end up paying at the end of the year and a half.

iii. Month to Month

This option is for those who are not completely in the favour of prolonged instalments but at the same time don’t have the resources to make an upfront payment at the moment. This package stretches only for six months and the cost is equally spread over the few months. The payment at the time of enrolment is again a $100. Each of the following payments is $1,467 respectively. The total fees come to about $8,902. This could be the second cheapest option is a climb credit option comes to only its minimum level for a particular student.   

iv. Upfront

As the name indicates this is a straightforward payment for the whole course without any instalments. Although the original price is $8,900, if you choose to pay it upfront, the fees come down to $6,900. These are substantial savings for a course which will eventually pay out its value back quite rapidly. Just the first couple of months can reimburse the entire course payment easily.

The other ways in which people can pay for these courses are all open. Students can either apply for these on their own or ask for assistance from the university. At the end of the day, the motive is that no student is denied the chance to acquire the necessary knowledge in fulfilling their dream of a job in the cybersecurity industry.

How a bootcamp is worth the money

The cybersecurity industry is facing an acute shortage of qualified professionals at the moment. The skill gap exists because companies are unable to find the right talent to fit the positions they have. This is because the skills being taught are not appropriate. A boot camp solves this problem by giving students hands-on, real-time, experiential learning through current industry experts. This means that when the course ends, the student is ready to be placed anywhere in the cybersecurity field.

Conclusion

Cybersecurity boot camps are all about student satisfaction and feasibility. This is why their payment options are so elaborate. Besides the traditional methods of using credit cards or PayPal, there are convenient instalment plans are a host of other options too.