This isn't an academic question. The tech industry is one of the very few left where large numbers of men from diverse backgrounds are doing well. For many who are struggling, it's the best shot they have. Men receive less financial aid for college and graduate with more debt... if they graduate. Women now outnumber men 3 to 2 in current graduating classes in the US. Far more men than women suffer poverty and homelessness. Amazingly, it's common for shelters to refuse single men.
Does Hacker School and its sponsor's "need based" help truly discriminate against the very group—poor, non-degreed men—that society treats so callously?
The last thing I want to see is women being dismissed or shut out of opportunities purely out of chauvinist ignorance, but when it comes to poverty and need it's almost like our society has empathy only for women and children. Recognizing this doesn't mean becoming blind to the glass ceiling that women often hit at the high-end of the career ladder. Both are problems. This really is an issue where two wrongs don't make a right.
Disclaimer: I earned well under $10k living in SF last year and faced some of this pain personally. I overcame the obstacles in my path and am now in a great situation... but I can't help but feel for those I know who aren't.