Bloom Institute of Technology Terms of Use

About the Bloom Accelerator Scholarship

BloomTech’s mission is to provide a direct, low-risk path to higher income. The goal of ourBloom Accelerator Scholarship is to make a BloomTech education more broadly accessibleby providing eligible learners with a one-time tuition credit scholarship in the amount of$4,000. Scholarship funds come in the form of a tuition credit against BloomTech’s tuition,bringing the cost of tuition from $21,950 to $17,950. This is not a cash payment made fromBloomTech to an eligible learner.The Bloom Accelerator Scholarship cannot be combined with any other BloomTechscholarships (e.g. the Unlocking Potential Scholarship), discounts, or promotional offers.

Eligibility Criteria

To be eligible for the Bloom Accelerator Scholarship, learners must:

  • Reside in the United States and be a U.S. Citizen or U.S. Permanent Resident
  • Be a first-time BloomTech learner, defined as:
    • Never been enrolled in any Lambda School or Bloom Institute of Technology program
  • Make less than $100,000 in total annual earned income
    • Earned income is your gross income earned or received in exchange for performing services, whether as an employee, independent contractor, paid intern, business owner or partner, before taxes or any other withholdings (including contributions to retirement plans and savings plans)
  • Opt into a BloomTech Free Trial between March 27, 2023 and June 30, 2023
  • Complete their BloomTech enrollment by the last day of their BloomTech 3-week Free Trial or June 30, 2023, whichever comes first. Completing enrollment is defined as:
    • Signing a BloomTech Enrollment Agreement
    • Finalizing tuition by:
      • Completing the Deferred Tuition application process with Ascent Funding. The Deferred Tuition application process is complete once a learner’s loan has been certified by BloomTech
      • Successfully making any required tuition payments, including:
        • Upfront Tuition payments
        • Student Tuition Recovery Fund Fee (CA residents only)
  • Be 18 years of age or older by the time of enrollment
  • Speak to a BloomTech Enrollment Coach between April 17, 2023 and June 30, 2023 to learn more about BloomTech, BloomTech’s Free Trial, and the Bloom Accelerator Scholarship

Other Terms and Conditions

  • If any information in your admissions or scholarship application is found to beuntrue or falsified, your scholarship will be revoked and you will be permanentlywithdrawn from Bloom Institute of Technology.
  • BloomTech may discontinue this scholarship at any time.
  • In the event you are entitled to a refund, no scholarship amounts will be paid to you.
  • You are responsible for any tax consequences of this scholarship.
  • Scholarship recipients are bound by all BloomTech policies, including those set forthin the course catalog and enrollment agreement.
  • Refunds, if any, will be calculated as set forth in your enrollment and scholarshipagreements.