Online education provider Udacity has announced a 50% tuition refund for graduates who complete their Nanodegree program in twelve months. The offer was initially applicable for a limited time only for an Android development Nanodegree, but Udacity has extended the offer for all its Nanodegrees indefinitely.
The Nanodegrees offered by Udacity cost $200 per month and take anywhere between four to twelve months to complete. With the new deal the cost is effectively reduced by half to 100$/month when the learner graduates within twelve months of enrollment.
The half-your-money-back offer was introduced in May 2015 as an experiment, and because it was an initiative students responded to well, Udacity decided to extend the offer to all its Nanodegree programs. Udacity said in the permanent offer announcement post:
"Because of the positive comments we've received from our students during the initial testing period, we're bringing the feature back–for good. This tuition rebate is now a part of our Nanodegree program and reflects our dedication to our students' success."
Udacity learner Rafael Castillo, who made use of the reimbursement offer and recently received his Data Analyst Nanodegree, said:
âI was already so pleased with the Nanodegree experience, and getting all of the resources, coaching and project feedback at half price was even better."
For Udacity, the 50% refund is a chance to further motivate learners to accomplish their education goals and earn their Udacity degrees:
"Our mission at Udacity is to help you succeed in your career and ultimately transform your life. . . . We want all of our students to successfully unlock their learning potential. With Udacity providing support throughout your Nanodegree journey, now's the time to invest in your own transformation."
Presently, Udacity boasts about 8,600 students enrolled in Nanodegree programs. The short program model saw a significant boost after the Android development Nanodegree was introduced back in May, TheNextWeb notes.
The Android Developer program, which was co-created with Google, takes from 6 to 9 months to complete when learners devote 10 to 15 hours of study per week.
For individuals who are serious about a career in tech, the Udacity offer is "a pretty tempting deal," Lifehacker says.
To be eligible students must complete their Nanodegree program within twelve months of enrollment. Udacity says that for students in need of pausing their program, the online university will only take into account the most recent continuous months of active enrollment.
Learners who have their employers cover tuition costs are not eligible for the half-back reimbursement.
Udacity is an online course provider that collaborates with tech companies like Google to put together curricula that tech and other companies seek in young talent.