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Press Release

Scholarship Program Offers Low-Income New Yorkers Full Tuition to Cybersecurity Bootcamp

Jul 05 2022
Press Release - Fullstack Academy Second Annual Scholarship - Image

Scholarship Program Offers Low-Income New Yorkers Full Tuition to Cybersecurity Bootcamp

NEW YORK, NY—New York City Economic Development Corporation (NYCEDC) and Fullstack Academy, a trailblazer in bootcamp education across the nation, announced today their second annual Cyber NYC Fellowship scholarship program for low-income and unemployed New Yorkers. The scholarships are offered through NYCEDC’s Cyber NYC initiative focused on developing the cyber workforce of the future and will cover full tuition to Fullstack's Cybersecurity Analytics Bootcamp, the official cybersecurity bootcamp of New York City. This year, the organizations will award over $400,000 in scholarships.

“If New York is to be a leader in cybersecurity and continue to protect itself from security breaches, we must invest in initiatives like this to train a diverse workforce with the skills, tools and resources that the industry needs,” said Deputy Mayor for Economic and Workforce Development Maria Torres-Springer. “Programs like the Fullstack Cybersecurity Bootcamp are working to provide greater opportunity to qualified, diverse candidates from different socio-economic backgrounds. This is critically important as good-paying cyber security positions in New York City continue to grow rapidly.”

“New York City has nearly 25,000 open positions in cybersecurity, and the industry is expected to grow 30 percent over the next decade,” said NYCEDC President and CEO Andrew Kimball. “We are thrilled to partner with Fullstack Academy through our Cyber NYC Initiative to create more equitable opportunities for young people to meet the industry’s growing demand and secure good-paying jobs.”

The average entry-level salary for a cybersecurity analyst in the New York City metro area is $85,300, according to Emsi Burning Glass. Fullstack cyber alumni have regularly secured jobs with companies like The Center for Internet Security, CACI International, and Accenture.

“Our partnership with NYCEDC allows us to provide those from diverse and underrepresented communities the opportunity to learn valuable skills and transition into a successful career path,” said Jerrad Tausz, CEO of New York-based Fullstack Academy. “The live-online curriculum makes the bootcamps widely accessible to those looking for a flexible way to get hands-on training.”

Students will learn how to monitor and secure systems, networks, and applications, as well as how to deploy offensive and defensive tactics to mitigate cyber breaches.

Scholarships are available for the full- and part-time August cyber bootcamps, applications to which are now open. Students must first be accepted into the bootcamp to apply for the scholarship.

To qualify for the scholarship, individuals must be at least 18 years of age and possess a high school diploma or equivalent, earn less than $50,000 annually, and reside in one of New York City’s five boroughs. In addition to free tuition, students will receive a laptop for the course if needed, as well as vouchers for the curriculum’s certifications and fees.

Details on the Fullstack Academy Cybersecurity Bootcamp, scholarships, and key dates are available on the Fullstack Academy website.

New York City Economic Development Corporation is a mission-driven, nonprofit organization that creates shared prosperity across New York City by strengthening neighborhoods and creating good jobs. We work with and for communities to bring emerging industries to New York City; develop spaces and facilities for businesses; empower New Yorkers through training and skill-building; and invest in sustainable and innovative projects that make the city a great place to live and work. To learn more about what we do, visit us on Facebook, Twitter, LinkedIn, and Instagram.