How it works
Students who are selected for the Lambda School Living Stipend pilot program will receive $18,000 USD in monthly payments of $2,000 to cover the nine month program. Upon completion of the program, students will pay back 10% of their salary for a five year period once they're making at least $50,000 per year, instead of the standard 17% for two years. The max possible payment is capped at $50,000. Currently only full-time or prospective students living in and eligible to work in the United States can receive a stipend.
Please note that a very limited number of stipends are available to full-time Lambda School students. After the initial interest in the pilot stipend program, we implemented a waiting list and are distributing stipends to small groups of students at a time. Currently, we are not accepting stipend applications, but hope to be soon. Read more on our blog