Payment and Financing Options at Le Wagon Belgium
In this guide, we will dive into the various financing options and payment options offered at Le Wagon in Belgium. Let’s explore how to make your coding aspirations a reality while keeping your financial concerns in check. Payment options refer to the way you will pay for the bootcamp, while financing options are the possibility of receiving financial aid to cover part of the bootcamp costs.
Currently, at Le Wagon Belgium, we offer three payment options:
- Upfront Payment: With the Upfront Payment, the tuition fees are paid in full in one payment. This payment is due within 3-5 working days of your offer to join the Bootcamp through signing your Training Agreement and receiving your tuition fees invoice. With this option, you will receive a 200€ discount on the tuition fees.
- Standard Payment: With the Standard Payment, the tuition fees are split into two payments. The first payment is called the deposit payment and it is due within 3-5 working days of your offer to join the Bootcamp through signing your Training Agreement and receiving your tuition fees invoice. The deposit payment is different for each boot camp. Then, the remaining balance is due within a week of starting the boot camp.
- Payment in Instalments: With this option, the tuition fees are split into 3, 4, or 6 payments (depending on the format of the boot camp). This is a great option if you would like to spread the cost of your tuition fees over a longer period of time during your Bootcamp learning. You can split your tuition fees into a deposit payment and then your remaining balance into 3 installments with our partner Alma.
Le Wagon Belgium offers various financing options, and these options may differ depending on your employment status and location. Let’s categorize them by employment status and region:
Are you an Employee?
- In Brussels:
- Paid Educational Leave Brussels: As an employee, you are entitled to be absent from work and receive paid holidays (up to 180 hours, ~23 days) to follow our training through the Paid Educational Leave system. Your employer cannot refuse your request for paid educational leave, and it is available for various boot camp programs. Learn more.
- Training Premium/Bruxelles Prime Formation/Opleigingspremie: Employees of Brussels SMEs can benefit from a training premium covering 40 to 60% of the boot camp costs. More information.
- In Wallonia:
- Paid Educational Leave Wallonia: Similar to Brussels, employees in Wallonia can also receive paid holidays to follow training through the Paid Educational Leave System. Details.
- In Flanders:
- Paid Educational Leave Flanders: Flanders offers up to 125 hours of paid training leave for employees to attend various boot camp programs. Find out more.
- SME e-wallet / KMO Portefeuille: Self-employed individuals, employees of SMEs, and SMEs based in Flanders can receive financial aid of 20 to 30% of the training tuition fees through the KMO-Portefeuille program.
- Opleidingskrediet: The Opleidingskrediet is a supplementary benefit that you receive from the Flemish government if you work in the private sector and interrupt your career to follow a course. You can receive an incentive payment of 200 to 600 euros per month if combined with Tijdskrediet. Learn more.
- Opleidingschèques: With the Opleidingschèques, you can get 250€ chèques to pay for part of the training, with the Flemish government covering half of the cost.
Are you Self-employed?
- Brussels: Self-employed individuals or their companies can benefit from a training premium covering 40 to 60% of boot camp costs.
- Flanders: Self-employed individuals or their companies can receive financial aid of 20 to 30% of the training tuition fees through the KMO-Portefeuille program.
Are you a Job Seeker?
If you are a job seeker, financing your tuition fees with a loan from a bank is possible, allowing you to spread the costs over several months or even years, with the consideration of additional interest expenses of a few hundred euros. Two examples of such loans are:
- Regular Loan with Beobank: Beobank offers you a loan at an interest rate of 6.85%. You can spread the tuition fees over 12 to 36 months.
- Regular Loan with BNP Paribas: BNP Paribas offers a student loan that allows you to spread your payments over up to 9 years and start repaying one year after contracting your loan. You can benefit from a preferential rate (fixed APR of 2.49%), specifically for tax residents of France.
These financing and payment options provide prospective students with flexibility in how they choose to finance their coding education based on their unique circumstances. It’s important to check the eligibility criteria and requirements for each financing option and choose the one that best suits your situation. Financing options can be a highly personal matter depending on your situation, thus, feel free to schedule a call with our Student Advisors to discuss them more in detail and choose the best one for your case.