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t0mmycollison

4 karma · joined March 12, 2019

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t0mmycollison··on Lambda School (YC S17) now pays eligible students $2k/month
1. The language around what counts as in-field is in our ISA. It's more dependent on what skills you use in your job as opposed to your title. You can see a sample ISA we use at https://lambdaschool.com/faq/.

2. You pay nothing between when you finish the technical portion of the class and when you get a job, and after you start your job, there's a 30-day grace period.

2. The payments stop if you stop working. You can think of them as being 24 monthly repayments that will pause if you lose your job.

3. It does, but only after they finish the technical portion of the class, and they're using the skills they learned. We do look at things on a case-by-case basis.

4. Nope! We don't care about your credit score or your debt load. Things get tricky if you have a fraud conviction, but anything short of that won't impact our decision.

Hope this helps!

t0mmycollison··on Lambda School is giving an $18,000 stipend to select students
(Disclosure: I work for Lambda.)

Two big differences: - A loan, generally, is something you have to pay back. If you don't get a job making over $50,000, you don't pay Lambda a cent. - Loans generally have interest, which Lambda ISA payments don't.

t0mmycollison··on Lambda School (YC S17) now pays eligible students $2k/month
Hey there -- this isn't right, and I'd love to know more about what happened. Do you mind emailing me with more details? I'm tommy@lambdaschool.com