Student Loans

‚ÄčWe are pleased to offer student loans to our graduates for the purpose of building the flight hours needed for employment.  All of the basic flight training programs are for 300 flight hours.  However, to get hired as a pilot one has to have 500 to 1000 flight hours for applying to corporate pilot positions, and 1,500 flight hours in order to apply for any airline position.

This leads many new pilots to become flight instructors in order to build the necessary hours to get hired.  We do not recommend this pathway to hour building.  Flying a plane is one thing, but being a teacher is something completely different!  Many other schools use their students as instructors, and as a result the instruction is very poor due to lack of experience.  Also, it takes about $10,000 usd to obtain the first flight instructor rating.  This rating is then not used after you obtain your first pilot job.  Working as a flight instructor will add two to three years to build the time necessary to get a pilot job, and we believe it is better to just build the hours quickly and start making money.  Most flight instructors are paid very little, so doing this does not make sense.

We offer student loans for flight hours.  A normal flight schedule can build 100 hours per month.  Within two to three months a graduate of our program can be eligible for a corporate pilot position, and within a 15 months be eligible for a airline position!  

Our financing program is as follows:

1.  Good credit rating and a co-signer for the loan.

2.  Interest rate is set at 10% annually , and interest begins at the end of each month on the new balances.

3.  Each flight hour is billed at $180 per hour for single engine aircraft, and at $450 for twin engine aircraft.  

4.  Housing and transportation included.

5.  Payments on the outstanding balance begin six months after graduation.

Examples of this program:

200 flight hours to obtain a total of 500 flight hours.  200 x 180 = $36,000.   Minimum payments around $400 per month.

1200 flight hours to obtain a total of 1,500 flight hours.  1200 x 180 = $216,000.  Minimum payments around $1,300 per month.

With starting pay for corporate jobs around $65,000 per year, and airline positions starting at $80,000 per year it does not make sense to delay getting hired.  Paying for the flight instructor ratings and incurring additional living expenses will quickly take away any advantages of this pathway.  Currently there are many airlines offering sign on bonuses between $10,000 to $20,000.