How to Get Student Loans for Flight School & Training

Written by: Rose Kivi • Edited by: Jason C. Chavis
Updated Sep 6, 2011 • Related Guides: Scholarships | Loans

Flight school is expensive. Loans can help you pursue your goals of becoming a pilot. There are flight school loans that are specifically designed to fund pilot training. With these loans, your dream of flying can become a reality.

AOPA Flight Training Funds Program

The Aircraft Owners and Pilots Association (AOPA) offers loans for flight training through their AOPA Flight Training Funds Program. AOPA gives pilot loans for up to $25,000. This loan is one of the most flexible flight training funding options available. The program does not limit the use of funds to certain types of schools or training. These can be used for aircraft rentals, instructor training, to purchase pilot supplies and anything else that might be needed. The funds can be used in any way that you choose to obtain your flight training goals, such as career or personal flight training.

AOPA Flight Training Funds Program

Sallie Mae Career Training Loan Program

Some traditional student loan providers now offer loans for pilot training. Sallie Mae is one company that offers loans to flight school students through their Sallie Mae Career Training Loan Program. The Sallie Mae Career Training Loan only offers loans for students to go to schools that are licensed or accredited with the US Department of Education, therefore they are backed with the security of the government.

Sallie Mae Career Training Loan

Pilot Finance, Inc.

Pilot Finance offers loans for part time flight training. The loans are offered through some part 61 and part 141 flight schools. Pilot Finance can enroll schools that are not currently participating in their program. Because Pilot Finance only offers loans for part time flight training, you are limited to how often you can fly while using loan funds. Funds can only be used for aircraft rental and instructor fees. They can not be used to purchase books or other flight equipment.

Loans Through Flight Schools

Some larger flight schools offer flight training loans through private banks or federal student loan programs. However, funds from these loans can only be used at the flight school they were applied through. Flight schools can assist a student or potential student apply for these loans, making the process much less painful.

Credit Cards and Personal Lines of Credit

Credit cards and personal lines of credit can always be used for flight training. The benefit to using credit cards and personal lines of credit are that you can use the funds in any which way that you choose. The drawback is that these loans often are harder to get and have higher interest rates.

Grants and Scholarships

Some flying clubs offer grants and scholarships for flight training. Usually the grant and scholarship amount is not nearly enough to complete your flight training goals, but anything can help and best of all these don't have to be repaid. Flying clubs have different rules that pertain to who qualifies for a grant or scholarship from their club. If you are interested in obtaining a grant or a scholarship from a flying club, look for flying clubs in your area. Local flight schools and newspapers often have advertisements for flying clubs.

Learn more about where to find grants and scholarships at: http://www.brighthub.com/science/aviation/articles/123727.aspx

References

Pilot Finance, http://www.pilotfinance.com/pages/539359/index.htm
Ultimate Aviation Links, http://ultimateaviationlinks.com/flyingclubs.php

samuel Feb 7, 2012 11:43 AM

RE: How to Get Student Loans for Flight School & Training

hello rose, i have dreams on becoming a pilot ever since my primary level and i will like to know where i can obtain a loan from so that i can start my flight training as soon as possible.i will be glad to hear from you soon. thank you

Zuleikha Khan Jan 23, 2012 9:20 AM

Hi Rosi. I am a 33 year old female that lives in Cape Town ,South Africa. I would like to become a Pilot. Is there any age restriction to become a pilot and would you know of any place that one can apply for a student loan or busary?

lucy Jan 10, 2012 11:02 PM

We give out loans at 3% interest rate and We are always ready to cater of your loan need no matter your credit background.Email us <a rel="nofollow">via:lucypaulloaninvestmentcomp...</a> if interested in getting a loan. Name: Address: Amount Required: Mobile Telephone: Cell Telephone: Duration: Country: Male or Female: Purpose: Applicant Place of work: Thank You, Mrs Lucy lucypaulloaninvestmentcompany7@gmail.com

Henry Moala Oct 21, 2011 11:18 AM

what are the Visa exceptions for the flight loans? Does the New Zealand Resident allow to apply for this loan and study in Aussie at the Basair Aviation College?

joseph Jun 24, 2011 11:36 PM

loans availability

any option on getting a loan approved while im working in Dubai,or do I need to get a job in US or canada then apply for one

Joseph George Jun 18, 2011 3:53 AM

loans for flying

Hi
Rose ,
Being a costly career in India banks ask for loads of securities which im unable to provide , so are there any options abroad where by I can work part time and get a loan approved to pursue a career in flying or any organisations that would approve loans provided I sign a contract to fly just for them in the mere future ?

JOSEPH GEORGE Jun 18, 2011 3:35 AM

loan for flying

In the passion to pursue a career in flying ,I have landed in
dubai all the way from India ,currently working in Aerogulf services co.llc ---a Helicopter co. ,
my position --operations co-ordinator
so get to interact with pilots throughout the day which itself is superb
so im desperitely on the look out for someone bank/org /person who could fund me for becoming a pilot in any country

Steve Sullivan Jan 11, 2011 6:54 PM

Sallie Mae

Bristow Helicopters in Florida is still a school that Sallie Mae accepts. They have a Professional Pilot program and accept international students.

Koos Jan 11, 2011 2:32 AM

Loan for flight training

Here is South Africa, banks are not interested in loans for student pilots as officially it is not a tertiary qualification, although can result in a career where one can earn much more than most tertiary qualified, when you are good and start working for the airlines.

Maybe the banks will start to listen when more and more people start enquiring about such loans.

Sean Hanley Dec 29, 2010 2:34 PM

Re: Melissa Duncan

Contact www.epicflightacademy.com, they have payment plans for getting your commercial pilots license.

MELISSA DUNCAN Dec 29, 2010 3:43 AM

SEARCHING LOAN FOR PILOT TRAINING

Hello there,
As you can see, my name is Melissa Duncan and i am currently 18 years old. I have completed my matric (grade 12) year. I am searching for an institution that will be willing to help me financially to gain knowledge and training in becoming a pilot. I am in great need of help as i wish to pursue my dream in becoming a commercial airline pilot ASAP! Please can someone refer me to someone.

Steve Sullivan Dec 12, 2010 12:52 AM

Texas

To be more specific, North East Texas. After reading through the post, I'm impressed with the time you have taken in answering all of these folk's questions. It takes your type of dedication to keep the dream of flight alive. Thank you

Steve Sullivan Dec 12, 2010 12:46 AM

AOPA and Sallie Mae

As I am a member of AOPA, I can tell you that they are no longer offering the flight training funding. As far as Sallie mae goes, I have not found in the last year any loan from them for flight training, specifically helicopter training in Texas. If you know of something that I have yet to find, please let me know.

andrei popescu Nov 22, 2010 5:44 PM

btw

btw,in romania it's kinda complicated to get anything.check for europe and usa or so :) as i said,anywhere where they can give me a loan or so :)

andrei popescu Nov 22, 2010 5:41 PM

yey

thanks a lot :)

Rose Kivi Nov 22, 2010 4:00 PM

Answer for Enderias

Read through the comments to learn about loan options. If you have any questions about loans or flight schools in a specific area, let me know and I will try to help.

Andrei Popescu Nov 22, 2010 3:55 PM

Romanian Student wants to fly !

hey rose :) don't forget about me , please

Rose Kivi Nov 22, 2010 3:51 PM

Answer for christopher ode fornchor

Hi Christopher,

Please read the prior comment I left for Jesse Paton for the answer to your question. I am unable to email the information to you as you requested because this website does not disclose reader's email addresses to me.

Rose Kivi Nov 22, 2010 3:48 PM

Answer for Jesse Paton

Hi Jesse, It is possible to get a loan for flight training in South Africa.

I don't know what area of South Africa you are in, so am unable to give you customized information. If you let me know your area, I will try to find more specific information for you.

Here is some information to look at to get you started on finding a flight loan.

At Cloud 9 Flight School in Cape Town, flight loans are available for students who qualify. I do not know what the qualifications are. I also don't know if they are having you get loans and bursaries from the government or through banks. Contact Cloud 9 to find out. The following is a quote from Cloud 9's website:

"We have been accredited by one of the top five financial services providers as a place of tertiary education, allowing our students to apply for student loans much the same as would be done when attending university."

Cloud 9 Flight School Contact Information:
Phone: + 27 (21) 934 6993
Fax: + 27 (21) 934 9996

Email: training@cloud9air.co.za

Website: http://www.flycloud9.co.za/

Address: Hanger #1, Non-Scheduled Flights, Cape Town International Airport, 7525
P.O. Box 7, CapeTown International Airport, 7525, South Africa

All of the main banks in South Africa offer student loans. These loans might work for Cloud 9 and maybe other flight schools--I don't know. I would definitely ask the banks before applying. If their student loans don't pay for flight school, you can apply for personal loans.

Here are the links to some of the banks in South Africa:

http://www.standardbank.co.za/#

http://www.nedbank.co.za/website/content/home/index.asp

http://www.absa.co.za/absacoza/content.jsp?/Home/Personal/Products-and-Services/Loans/Personal-Lending

Rose Kivi Nov 22, 2010 3:43 PM

Response to Doone

I'm sorry, I do not know of a way to defer your payments on your loan until you get a higher paying job.

Rose Kivi Nov 22, 2010 3:41 PM

Answer for Kris C

Hi Kris,

You are in the same situation as a lot of pilots... needing a loan, but unable to qualify. My suggestion is to try and build your credit with a secured loan or secured credit card from a bank. Make your payments on time every month to build a good credit history so that you can later qualify for a flight loan.

In the meantime, take one hour flight lessons as you have the money, to keep yourself current and to build hours. I know that it seems like your training moves slowly when you are only training an hour here and there, but it is faster than not training at all.

Also, you might want to try and get some grants and scholarships from local flight clubs. They won't give you enough money to complete your training, but every little bit helps.

Rose Kivi Nov 22, 2010 3:34 PM

Answer for JDee

If he wants to train in the US, I would try applying for an international student loan with SallieMae. Their website is:

http://www.salliemae.com/international/non_us_students/

enderias Nov 21, 2010 7:25 AM

looking help

i am college student so i need money for my study.

andrei popescu Nov 18, 2010 3:11 PM

Hello Rose.Before reading this wonderful article,I was sure i won't be able to fly.Now I really think that I can.

First of all,i am a 20 y old student from Romania,currently studying engineering.I would like to know how can I apply for a loan at any good flight school [ a type of loan which i can pay back after i start flying and earning some,same as in the UK universities ].

In Romania it's impossible at the moment and my parents can't really afford to pay that much.

I am willing to study almost everywhere[good flight school tho,and if it's close to romania,better] , without the costs of living being higher then...7-800 $ per month.

If you could help me,would be much appreciated.Anyway,keep up the good job u'r doing here :)

christopher ode fornchor Nov 18, 2010 6:57 AM

need info on scholarship on

hello top of the mornin to you i wld love it if i could information on flight schools that offer scholarship in southafrica. type of scholarships, prices of the courses offered by the schools. details that would qualify me for a loan and the pay back scheme. please i would grateful if the info is sent to my email. God bless u.

Jesse Paton Nov 17, 2010 3:17 PM

Flight Training Loans

Hi Rose, I am a 21 year old South African male working for the South African Airforce. I really want to become a pilot, however due to racial preferrence within the pilot selection board of the South African Airforce, this goal is becoming a distant dream. With the peanuts i get paid as a low ranking non commissioned officer, it would likely take me close to ten years to save the kind of money needed to go to flight school, by which i would have lost interest in flying. I've heard that banks and institutes offer student loans, my only question is, given the fact that a private pilot licence and commercial pilot licence is a combination of about R500 000, would a bank or institute really give me a loan of that scale?

Doone Oct 26, 2010 2:23 PM

Flight Loans Consolidation

The loans I have were administered through the accredited university where I obtained BS in aviation. Now I instruct and accrue the hours needed to fly commercially. I need to get some payment relief until I qualify to fly commercially. I am getting the run around and though I make barely over minimum wage the lendor asks for over $400.00/mo. No income based repayment etc. The keep saying no Aviation Student loans qualify. If there is no resolution, graduate pilots not yet flying commercially are screwed. We do not even make $500.00/mo! There has to be something like health education loans which are not repaid during internship.

Kris C, Oct 26, 2010 7:04 AM

Flight School Financing

Rose, Really appreciate al the info. I am looking for financing options in the state of Texas. I have applied to Sallie Mae and a few banks, but cannot get financing without a co signer. Unfortinatly a cosigner is not an option for me. Any suggestions ? I am determined to find a way to make my dream come true.

JDee Oct 5, 2010 1:29 AM

Financial pilot student loan

Hi,

I'm trying to find financing for my son to attend flight school. He also like to study anyplace like U.S.A, CANADA, UK, AUSTRALIA, or any country in the world.

He is a Malaysian citizen

Do you have any advice.

JDee

Rose Kivi Sep 21, 2010 11:29 PM

Answer for Carlos Andres Salazar

Hi Carlos,

In which location (state, country, etc) do you want school and loan information for?

carlos andres salazar Sep 21, 2010 7:39 PM

loans on pilot training

i am very intrested in going to school and i would like information in schools and loans

Rose Kivi Sep 20, 2010 5:12 AM

Answer for Eric van Wyk

At Cloud 9 Flight School in Cape Town, flight loans are available for students who qualify. I do not know what the qualifications are. I also don't know if they are having you get loans and bursaries from the government or through banks. Contact Cloud 9 to find out. The following is a quote from Cloud 9's website:

"We have been accredited by one of the top five financial services providers as a place of tertiary education, allowing our students to apply for student loans much the same as would be done when attending university."

Cloud 9 Flight School Contact Information:
Phone: + 27 (21) 934 6993
Fax: + 27 (21) 934 9996

Email: training@cloud9air.co.za

Website: http://www.flycloud9.co.za/

Address: Hanger #1, Non-Scheduled Flights, Cape Town International Airport, 7525
P.O. Box 7, CapeTown International Airport, 7525, South Africa

All of the main banks in South Africa offer student loans. These loans might work for Cloud 9 and maybe other flight schools--I don't know. I would definitely ask the banks before applying. If their student loans don't pay for flight school, you can apply for personal loans.

Here are the links to some of the banks in South Africa:

http://www.standardbank.co.za/#

http://www.nedbank.co.za/website/content/home/index.asp

http://www.absa.co.za/absacoza/content.jsp?/Home/Personal/Products-and-Services/Loans/Personal-Lending

Rose Kivi Sep 20, 2010 4:42 AM

Answer for Kerry Moorey

You can apply for a Canadian government student loans and grants for flight school at:

http://www.canlearn.ca/eng/index.shtml

The Bank of Montreal offers student lines of credit that can be used for flight training. Their website is:

http://www.bmo.com/home/personal/banking/mortgages-loans/loans-loc/loc

TD Bank Canada offers student lines of credit, which can be used for flight training. Their website is:

http://www.tdcanadatrust.com/student/stline.jsp

Royal Bank also offers student lines of credit, which can be used for flight training. Their website is:

http://www.rbcroyalbank.com/products/personalloans/student_line_of_credit.html

The Canadian Ninety-Nines Flight Club offers small scholarships to use towards your flight training. Here is their website with application information:

http://www.canadian99s.org/scholarships.htm

The Canadian Owners and Pilots Association lists places to get flight training scholarships on their website here:

http://www.copanational.org/OtherScholarships.cfm

There is also the BC Student Assistance Program, which gives loans that can be used for flight school. Their website is:

http://www.aved.gov.bc.ca/studentaidbc/welcome.htm

Eric van Wyk Sep 8, 2010 1:46 PM

South African loan for pilot training

Its my dream to become a pilot but do not have the finance to do so. I sty in South Africa and would like and would like to study and fly here. Do you have any advice where i might get a loan for pilot training.

kerry Moorey Sep 6, 2010 9:38 PM

Canadian loan

Hello again!! Yes i would love any information on Canadian loan company's..Thank you soo much :)

James Sep 3, 2010 3:58 AM

ewheeler

I got my first loan with Pilot Finance, the company mentioned in the article. I used that to get my private and instrument. The Pilot Finance loan improved my credit enough making me qualify for a loan with Suntrust bank. One of the comments somewhere here mentioned Suntrust and other banks that give loans for flying. Suntrust gave me a big enough loan to take me through my commercial. My credit wasnt to bad at the start, just a little limited. I suggested a fellow pilot student to try with Pilot Finance who had bad credit. Pilot Finance gave him the loan anyway with a cosign from his mom.

Rose Kivi Sep 3, 2010 3:49 AM

Answer for TC

If you are getting denied for flight loans, a co-signer--if you have one--may help you get approved. Read through the comments as well for other loan options.

TC Aug 31, 2010 11:46 AM

Flight Loans

I have already graduated from a four year university and wish to go into a flight training program. Using the info from the article, I have not been able to locate a lender for this cost. Are there any updated places where people are having success lending?

ewheeler Aug 28, 2010 6:17 PM

James

Can I ask what program you used. I'm looking for flight training funds myself. Thanks. Or anyone that was successful in getting funds.

James Aug 28, 2010 4:45 PM

Thank you for helping me get a loan

Thank you so much. I've been reading your article and comment to others and because of that, I got a flight loan. Thank you for helping me fly.

Rose Kivi Aug 28, 2010 4:42 PM

Have you tried the Sallie Mae international loans? Sallie Mae international loans are for non U.S. citizens who need loans for education in the United States. They do require you to have a "creditworthy cosigner", which they define as "a U.S. citizen or a non-citizen permanent resident".

The Sallie Mae international loan website is:

is a U.S. citizen or a non-citizen permanent resident.

If you do not have a cosigner, you may have an easier time getting loans for flight training in Canada. If you would like help finding Canadian flight training loan programs, let me know.

Another option is to get a loan from a bank, but you will need to have good credit or a cosigner.

Olalekan Aug 28, 2010 2:41 PM

Hello Rose Kivi.

Thank you for answring my question. You are so fantastic and beautiful woman because it take a beautiful being to do beautiful things.
My name is Olalekan from Nigerian. I still have some questions to ask from you. As i told you in my earlier post, it is my dream to study Airline Pilot in U.S.A. or any country in the world that offer Financial Assistance to International Student.

I love to study in U.S.A , i have recieve a package from ADF pilot training in u.s.a, Delta Connection Academy pilot training in u.s.a, and on the 6th of August 2010, i recieve a package from PEA pilot training u.s.a. That package really amazed me.

Please Rose Kivi, i really need to help my Poor Family to transform ourlife condition. I know you arte trying your best but i still need some information from you. And i will also like to study anyplace like U.S.A, CANADA, UK, AUSTRALIA, or any country in the world.

Thanks am waiting to hear from you.

Kerry Moorey Aug 24, 2010 5:51 PM

Canadian loan for pilot training

Hello my Names Kerry i am from Canada and live in Ontario..Becoming a pilot has been the one and only thing iv ever wanted too do in life..And its something i am trying too pursue in life but i am having a hard time financially...I am looking to study and fly in The States or over seas and get financing ..Sally may and the rest of American financial company's iv tried wont finance me because i am Canadian..Do you have any advice thank you sincerely Kerry :)

Rose Kivi Aug 14, 2010 2:20 PM

Answer for Marguerite Knowles

I have listed a few places that you can try getting flight loans from below:

The Sallie Mae Career Training Smart Option Student Loan
http://www.salliemae.com/content/get_student_loan/find_student_loan/career-training-smart-option-student-loan.aspx

Pilot Finance
http://www.pilotfinance.com

KeyBank
https://www.key.com/html/education-financing.html?sqkl=educate

SunTrust Education Loans
http://www.suntrusteducation.com/

Marguerite nowles Aug 10, 2010 11:44 PM

Financing

No He wants to go to Ft lauderdale Florida

Rose Kivi Aug 10, 2010 5:30 AM

Does your son want to do his flight training in the Bahamas?

Marguerite Knowles Aug 8, 2010 11:43 PM

Fniance

Hi

We are trying to find financing for my son to attend flight school. He is a US citizen who lives in the Bahamas at the time. My husband is willing to co-sign the loan with him but is not a US citizen. I am a citizen but do not work. Who would be good to contact to apply for a loan?

Thank You
Mrs. M> Knowles

Rose Kivi Jul 31, 2010 2:04 PM

Answer for Olalekan

Hi Olalekan,

Read through the comments here to find some options on getting flight training loans.

Olalekan Jul 31, 2010 10:28 AM

Am seeking Financial Assistance

Hello Rose Kivi.

My name is Olalekan - Y - Idowu.
I am International Student from Nigeria. It is my dream to Immigrate and to become a Commercial Pilot, which i have being trying to achieve for some years now. However, due to my humble Economic background, i have not been able to Amass the sufficient Amount of Tuition Fees that have to be paid. All efforts have been made by my parents, in order to get the sufficient amount, however, i have still not Managed to Amass the require amount. And i see that the best way is to explain my problem to the World if i could get help from any Flight Training School or from any God send that can provide me with a positive aid so that, i can purse my Higher Training because i do not want my dream to die.

Thanking you,

Yours Faithfully,

Olalekan - Y - Idowu.

My Email...... lilekan882@gmail.com.

Rose Kivi Jul 29, 2010 4:26 AM

Answer for Victor Jakarasi

Hi Victor,

You have the right attitude to make your dream of a flying career a reality. Saving money for your flight training is a good idea if you cannot get a loan. A lot of people have to put off training until they can save the money they need.

If you plan on taking a airline dispatcher course to work in the United States, make sure the course is valid for getting your dispatcher's license in the United States.

The starting salary for airline dispatchers at regional airlines in the U.S. is $28,000 - 33,000 a year and at large airlines is $40,000 a year, with the possiblity to eventually work your way up to a salary of $130,000 a year after many years of on-the-job experience. You can learn more about salaries here:

http://www.airlinedispatcher.com/about/faq.html

You can learn about visas here:

http://travel.state.gov/visa/

Rose Kivi Jul 29, 2010 4:07 AM

Answer for Ellie rand

Here is a listing of some flight loan options in Canada:

http://www.southernskies.ca/student-loans.shtml

Rose Kivi Jul 29, 2010 4:03 AM

Answer for Hassaan

If you want to train in the United States, you can apply for an international student loan with SallieMae. Their website is:

http://www.salliemae.com/international/non_us_students/

Victor Jakarasi Jul 24, 2010 5:02 PM

Hi rose im victor from zimbabwe

Hi rose its been long i did not manage to find any loans for flight training so i was thinking maybe if i could raise the money in the following 4to 5 years maybe i could get there someday. I am finishing my fares and ticketing and i will be finishing in october to become a travel consultant hoping to earn a few dollars a month and raise the money. Today i just discovered something that i can do an airline dispatcher course at p.e.a for 4500usd, can you help me with some advise if its a good idea that if i raise the dispatcher course fees then i can then wait till i get to the pilot money, do you have an idea how much a dispatcher earn a month/year in the U.S, so i can carry on with my plans. Another thing is Do you know anything about visas. Look i would like to know if i can find employment as a travel consultant in the U.S do you know how i can go about it and succefully attain a work visa if its not possible then how long is anyone with an M1 allow to stay in the U.S also are you allowed to take up employment with the visa. Also if you have an idea how much travel consultant earn you could also help with that. How have you been hope ok. Looking forward to your response. Thank you, God Bless

Ellie rand Jun 10, 2010 10:08 AM

loan for flight in calgary alberta

I am looking for a loan institution for a commercial pilot in calgary alberta.

Hassaan May 19, 2010 10:37 AM

pilot trainig loan

i want to my pilot training in USA or Canada

Rose Kivi Jan 2, 2010 5:38 PM

Answer for Sirya

There are no UK flight schools that I know of that offer in traditional in house financing. There are however, career development loans available that can be used for flight training at UK flight schools. You can also try getting a personal loan. (See the links below)

Barclays bank offers career development loans for flight school in the UK. The website address is:

http://www.personal.barclays.co.uk/BRC1/jsp/brccontrol?site=pfs&task=homefreegroup&value=11607

Here is another link for career development loans in the UK:

http://www.direct.gov.uk/en/EducationAndLearning/AdultLearning/FinancialHelpForAdultLearners/CareerDevelopmentLoans/DG_10033242

If you don't meet the residency requirements for a career development loan, you can apply for a personal loan from Lloyds bank. Here is the link:

http://www.lloydstsb.com/loans/personal_loan.asp

Sirya Dec 25, 2009 7:52 AM

How can I get financial help for a pilot training

Hi Rose,

Am Sirya from Kenya,but corrently leaving in the United Arab Emirates.It has been my dream to be an Airline Pilot since a child but I have a financial problem which makes it hard for me to realise my dreams.I would like to attend a Pilot training in the UK how can I get financial help,from either individuals or companys and or if its possible to train in the Military in The US or UK or any counrty that accepts people to train with them and work for them in return.
Thanks and am eargerly waiting for your valuable advice.

Sirya.

Rose Kivi Dec 21, 2009 9:45 PM

Response for Hassaan

Hi Hassaan,

Look through the comments here--there is a lot of advice on getting flight loans here. In what country do you want to complete your flight training?

hassaan Dec 16, 2009 3:58 AM

hi,
i am from Maldives and i want become a pilot but i have no money to do pilot training. can any body help me to get fund

Rose Kivi Dec 12, 2009 3:43 AM

Sorry for the delay

Sorry I have taken so long to respond to all of your questions. Over the next couple of days, I will get to all of you.

Rose Kivi Dec 12, 2009 3:40 AM

Response for Tammy

Your welcome Tammy.

Tammy Dec 11, 2009 9:08 PM

loans

Thank you Rose.. It does appear Northeast does still have a connection with Sally Mae. Perhaps I will be moving to Connecticut :)

Rose Kivi Dec 11, 2009 8:41 PM

Response for Tammy - Part 2

Mauna Loa Helicopter Pilot Schools has an interesting arrangement with the Utah Valley University Aviation Science Department. You undergo helicopter training at Mauna Loa, while attending Utah Valley University Online to earn a two to four year degree, which makes you eligible for scholarships.

Note: I have not personally verified this program. The information is below:

http://www.maunaloahelicopters.com/helicopter-pilot-schools-financing.html

The following is taken from the Mauna Loa website:

Utah Valley State College (UVSC) -- We are affiliated with UVU’s Global Aviation Degree Program, which means you can earn a two- or four-year degree while learning to fly with Mauna Loa Helicopters. You will attend classes online while concurrently attending flight and ground school with Mauna Loa Helicopters.. It is a bit more of a work load on the student, but if a degree is a part of your goal and/or you are having trouble financing, UVU may be right for you. The best part is UVU’s financial assistance program. You can apply online for financial aid (and scholarships) at UVSCAviation.com or by calling (888) 901-7192. Since you are working towards a degree now, you are eligible for thousands of scholarships. A great scholarship resource is Fastweb.com

Read more: http://www.brighthub.com/science/aviation/articles/7259.aspx#ixzz0ZR1z67VE

Rose Kivi Dec 11, 2009 8:28 PM

With the poor economy, loans are definitely more difficult to get.

Northeast Helicopters lists on their website that they are still able to offer the Sallie Mae Career Loans. I have not had a chance to personally check out how current the information on their page is, but you might want to check it out. Here is the link:

http://www.northeasthelicopters.com/loans.htm

Pilot Finance offers loans for helicopter training. Their link is here:

http://www.pilotfinance.com/pages/548216/index.htm

Tammy Dec 11, 2009 7:13 PM

Hello..
Yes I have looked into the carrer loans at Sallie Mae and even called them. They have decided to cut off all helicopter schools from that loan. In fact I have called at least 5 different helicopter schools around the U.S. and everyone of them have told me that there are NO loans available. One even suggested I find a new career. I guess working and going to school part time is what it will take at this time. At least there is no debt being racked up.

Rose Kivi Dec 11, 2009 6:39 PM

Hi Tammy,

Have you checked out the Sallie Mae Career Training Loan? It pays for helicopter training. Here is the link:

http://www.salliemae.com/get_student_loan/find_student_loan/training_loans/career_training_loans/

Also, read some of the comments on this article to find more loan suggestions.

tammy Dec 7, 2009 6:11 PM

flight loans

Well it seems that NOONE is offering any help to the aviation industry. Especially to helicopter schools. Is this not a career? I find it sad and frustrating. I have tried everything and everyone.

Brightony Tumaini Nov 20, 2009 8:14 AM

What could i do?

Hi,Rosie!My name is Brightony,i am a Tanzanian boy by birth.Am so interested to become a pilot because this have become my dream since i was in primary level till this time am a A-level student leaver.I have some financial problem to achieve my goals.What should i do?Where can i make a safety loan?Please help me as soon as you will reseave this, messsage anyway,thank you for reading my words.

prateek srivastav Nov 18, 2009 1:16 PM

flight school loan

Hey,
my name is prateek. I am currently in college in America. I am majoring in economics and math.Although, my dream is to be a pilot. I am looking for airlines or private firm who give apy all the expenses for field and we pay them back by working for them. I am not a US citizen. Do you know any such offers around?
Thanks
Prateek

Thokozani Nov 15, 2009 12:36 PM

Private pilot license tuition loan.

Hi Rose.i am a Man aged 19.i am located in Botswana.i wish to do my Pilot trainging in South Africa.how do i btain a loan to pay tuition for my P.P.L.i have no collateral for a loan.

dhanasekar Nov 13, 2009 3:45 AM

searching for a pilot training loan

hi.. this is dhanasekar from india.. i am intersted in pilot training. but not have money and for loan no security.. i am from poor family.. is it able to get do the coure plz tell me the way...

Matthew Richards Nov 12, 2009 1:37 AM

Cadetships

Hi

I am a South African citizen but I am also a valid EU passport holder. What options would be open to me?

ibrahim rasheed Nov 2, 2009 5:08 PM

for finance.

i am rasheed looking for my pilot training in USA As my poor finance cant start my coures. so can u suggest me the possible ways to get the loans.
looking for your answer.

Johnny Ntan Oct 29, 2009 9:41 AM

scholarship application

I'm a Nigerian and I want to stud y in malaysia but the fee is abit on the high side pls kindly send me information on where i can apply for scholarships that are applicable to schools in malaysia.

Abel Oct 21, 2009 2:35 PM

Pilot training loan

I am a Nigerian, and have long wanted to be a pilot, but that dream seems alomost not achievable because of the high tuition fees. I will want to know if my dreams can be met through a loan. If yes, how do I go about this?

Best Regards,
Abel

Rose Kivi Oct 13, 2009 5:53 AM

Answer for Girum Abebe Hailesilassie and Tarek Jazairi

I am not aware of flight loans offered in your areas. Contact your local flight schools and ask them for referrals to finance companies. You can also try applying for a personal loan at a bank, with a co-signer if needed. Personal loans are difficult to get - a co-signer who has excellent credit and good income, can help you to get approved.

Rose Kivi Oct 13, 2009 5:42 AM

AOPA Loans Update

According to AOPA's website, they are not offering flight loans at this time. Let's hope this is very temporary.

Rose Kivi Oct 13, 2009 5:41 AM

Answer for Derrick Wong Kar Wai

I am not aware of any flight loans in Australia for Malaysian students (I think you said you were from Malaysia in your earlier post).

You can try applying for a personal loan with a bank. Personal loans are difficult to get, especially without excellent credit and income. If you do not meet the eligibility requirements for a personal loan by yourself, try to get a co-signer to help you.

Rose Kivi Oct 13, 2009 5:23 AM

Answer for Praveen and Kapil Jangid

You can apply for an education loan at a bank in India. You can apply with a cosigner to help improve your chances of qualifying. The following link has a list of Indian banks that offer education loans.

http://www.hindustanlink.com/careertex/educational-loans-india.htm

Read each bank's statement regarding what types of education they offer loans for. Some pay for vocational school, some do not.

Rose Kivi Oct 13, 2009 5:21 AM

Answer for Orlando Patterson

Hi Orlando,

Read the comments on here. There are a lot of tips on getting loans. If you want to train in Guyana, contact the flight schools and ask them for advice on loan companies.

You can decrease your training costs by training on a computer simulator for some of your hours. Air Services Limited in Guyana has a computer training simulator. Their website is:

http://www.airservicesltd.com/aslftsch.htm

If you want to train in the United States, you can apply for an international student loan with SallieMae. Their website is:

http://www.salliemae.com/international/non_us_students/

If you decide to train in the United States with a SallieMae loan, you will have to choose an accredited flight school. There are a few listed in the other comments on this article.

Rose Kivi Oct 13, 2009 5:07 AM

Answer for Robbie Surya Dharma

For flight training financing in Malaysia, I would suggest contacting a flight school in Malaysia. Asia Pacific Flight School assists flight students in getting loans. You can contact them by phone at:

+60320923177/+60192819310 or you can visit their website at http://www.apft.edu.my

Kapil Jangid Oct 10, 2009 5:05 AM

i want to be a pilot my age is 20-year-old already.

I am Kapil, you had answered my query earlier, i am looking for loan only with cosigner due to poor finance, and i am planning to take up the pilot training in india, can u suggest me the possible ways to get the loan.. without security

Derrick Wong Kar Wai Oct 6, 2009 7:16 AM

How do I get study loan in Australia?

Hi, Rosie.....I m here to tell you that I was accepted by Basair Flight College in Australia...Currently i m having a hard time looking for loan for international student that is going to Aus to study.....so hope U dont mind to help me once more.....Thank you so much....Have a nice day....

Praveen Sep 29, 2009 11:53 AM

Hello Rose,

I am Praveen, you had answered my query earlier, i am looking for loan only with cosigner due to poor finance, and am planning to take up the pilot training in india, can u suggest me the possible ways to get the loan..

Tarek Jazairi Sep 26, 2009 8:38 PM

flight training

Dear Rose,

am a licensed flight dispatcher and looking to get PPL or CPL but unfortunately i cant offer that amount of money to be a pilot ,, what can i do
am Syria citizen, so would you please advise if there is any possibility for me to take a loan from any bank here or near ,, thanks in advance

Tarek Jazairi

Girum Abebe Hailesilassie Sep 25, 2009 5:50 AM

Requesting Pilot training fund for PPL

Dear Sir/Madam
I am 28 I live in addis ababa Ethiopia curently I have compleated all the ground school for private pilot training cource and also compleated the GF-10 practical test exam and reach to my 19th flght hour but I am un abel to compleat the training due to financial problems so, is their any way to get the lone .

Orlando Patterson Sep 24, 2009 10:57 AM

flight training loans

hi i am a 32 year old guyanese with a ppl.i dont have the collateral to complete my cpl inst multi and cfi. where can i access funds to complete my programme.i am prepared to train anywhere the oppurtunity presents itself.thank you.

robbie surya dharma Sep 24, 2009 8:18 AM

i want to be a pilot as soon as possible because my age is 19-year-old already.

hi..my name is robbie and from malaysia.i'm so interest to be a pilot because this respectable job have become my dream since sitting in the secondary school.in addition,i really need to help my poor single mother to transform ourlife condition's.BUT,i have some problem to achieve my dream which my finiancial status are not so good.what should i do?where can i make a safety loan?how can i become a PILOT?who can give me a hand?and when this opportunities will occur?please help me as soon as possible..anyway,thank you for reading my word"s.

Rose Kivi Sep 24, 2009 6:57 AM

Answer for Rashimi

SallieMae offers student loans to international students, without a down payment. To use a SallieMae International Student Loan, you will have to choose an accredited flight school--Epic Flight Academy, the school you mentioned, is accredited.

SallieMae International Loan website:

http://www.salliemae.com/international/non_us_students/

Rose Kivi Sep 24, 2009 6:43 AM

Answer for kiran.s

Hi Kiran,

You can apply for an education loan at a bank in India. The following link has a list of Indian banks that offer education loans.

http://www.hindustanlink.com/careertex/educational-loans-india.htm

Read each bank's statement regarding what types of education they offer loans for. Some pay for vocational school, some do not.

Rose Kivi Sep 24, 2009 6:28 AM

Andrea Vecchiotti

Hi Andrea,

There are loans available that require either no down payment or a very small down payment.

Aero Club Milano has a deal with Banca Popolare Commercio & Industria who offers zero interest financing for flight training.

http://www.aeroclubmilano.it/en/faq/JAR-FCL-faq.html

Are you planning on training in Italy or out of country? Let me know and I will try and point you in the right direction for loans.

Rose Kivi Sep 24, 2009 6:18 AM

Answer for Praveen

Hi Praveen,

Having a cosigner who has good credit is helpful for qualifying for a loan. Are you planning on training in India or in another country? Let me know and I will point you to some possible loan options.

Rose Kivi Sep 24, 2009 6:15 AM

Response for George Walker

To the best of my knowledge, Emirates does not offer scholarships for flight training--they are an airline, not a flight school. My advice to you, is to look at my other comments to learn about your loan options. Keep in mind that your options vary depending on whether you want to train in Malaysia or out of country.

kiran.s Sep 22, 2009 9:05 AM

need pilot loan

hi,,,,,my name is kiran , i m from india . I had approvd for a commercial pilot trianing with a job ageriment , i m waiting 4 a loan .wat is the right path to get loan without any security .
please let me know and do the need ful
thaking u ,,,,,,
kiran.s

Andrea Vecchiotti Sep 19, 2009 9:16 AM

searching fund for pilot training

Hi,
I'm Andrea Vecchiotti from italy.
I work as a cabin crew but my dream is to become a pilot. I've got no money available for the flight training and im looking to get a loan from a bank.
Is there any way to get student loan without giving any security paper/money. because, frankly i don't have any thing to give.
Thanks in advance
hope to ear soon from you
kind regards
Andrea Vecchiotti

Praveen Sep 17, 2009 8:51 AM

loan for pilot training

Hello Rose..

I am Praveen from India, i want to make my career FLY and am ready to start training anywhere in the world.. due to bad financial status, i coudn fulfil my dream, is it possible to get a loan with cosigner alone, whether a loan available for me with this financial situation? if so, can u guide me to get it..

George Walker Sep 16, 2009 11:16 PM

Asking about sponsorships from emirates airlines

Hi Rose.
I just wanna ask whether emirates airlines provides sponsorship/scholarships for international candidates for pilot training courses???
If not, what are the airlines companies that provide this kind of sponsorship ( full fare )???
And, Im malaysian, how many candidates will be accepted by malaysian airlines for pilot training courses sponsorships???

rashmi Sep 16, 2009 6:54 AM

financial aid for epic flight school

hi Rose , i am very much interested in flight course, but the problem is i don't have such a huge money. i am from INDIA ( DELHI ) , and want to do my flight traning from "EPIC" , Florida, USA. i belong to a middle class family. Is there any way to get student loan without giving any security paper/money. because, frankly i don't have any thing to give , believe me. I don't know what to do on this matter. if you have any suggations please give me, i need that.

Rose Kivi Sep 13, 2009 3:56 AM

Response to Elie Tshina

Hi Ellie,

What country do you live in? Let me know, so that I can better suggest options for you.

Thanks,
Rose

elie tshina Sep 12, 2009 4:49 AM

loan at flight schools

Hello,I'm an high school's learner.I want to be a pilot.But my parents do not have money for me to study at a flight school.Please let me know the way in which I can get a loan

Rose Kivi Sep 11, 2009 6:26 PM

Answer for Matthew Richards

Hi Matthew,

Before I can give you accurate advice, I need to know if are you a United States citizen, a South African citizen or a citizen elsewhere. Your loan options differ depending on your citizenship.

Rose Kivi Sep 11, 2009 6:24 PM

Answer for Alexa, Derrick Wong Kar Wai and Other International Flight Students Training in the U.S.

SallieMae offers student loans to international students. To use a SallieMae International Student Loan, you will have to choose an accredited flight school.

SallieMae International Loan website:

http://www.salliemae.com/international/non_us_students/

Links to a couple of the accredited flight schools in the U.S.:

http://www.deltaconnectionacademy.com/financing.aspx

http://www.mcairaviation.com/m-1_visa_application.htm

Another option is to get a private loan from an international bank, such as Lloyds TSB or HSBC. With international banks you can get a bank account in currency of your home country and in U.S. dollars and apply for personal loans, which can be used for flight training. You will probably need good credit or a cosigner.

Some flight schools in the U.S. may offer flight training loans to international students. I am in the process of contacting different flight schools to determine their loan offerings. I will post the results here as I get them.

Good luck everyone!

Alexa Sep 11, 2009 12:26 PM

Loan for US flight school

Hi Rose,
Im European and I am looking for a loan so I can go to flight school in the US, as an international student that is. Any ideas? Thanks a lot!

Derrick Wong Kar Wai Aug 26, 2009 11:59 AM

Searching loan for pilot training in Malaysia & Aus

Hi Rose, how are you? As i can see, you sure help some ammount of ppl here...I was wondering....will u help me too....My name is Derrick, I m 20 yrs old and i m from Malaysia....Currently i m taking my diploma in Mechatronic Engineering....And i was force to do it due to my father want me to....Currently things have been wild back at home...Many things heppen...Ppl coming and leaving each day...I hope you can help me to find some Flight school or college that can support full loan so that i can persuit my dream of becoming a pilot....Is expensive i know...But there is one thing i know is....Never give up....So i hope for a reply soon.....Thanks and godbless you.....

Derrick Wong Kar Wai Aug 26, 2009 11:44 AM

Searching loan for pilt training

Hi, My name is Derrick Wong from Malaysia.....This year i m 20 yrs old....Rose...I was hoping that u can help me to find some loan tat can let me do my pilot lesson in Aus.....If is too hard to get to Aus, i dont mind to get some loan info bout Flight College in Malaysia

Matthew Richards Aug 26, 2009 7:25 AM

Loans for Flight School

Hi there

I am looking to do my pilots license in South Africa and don't have the funding. Was wondering if AOPA Flight Training Fund Program sponser international students?

Rose Kivi Aug 17, 2009 11:45 PM

Answer for Alex

Hi Alex,

Have you tried applying for a Sallie Mae Career Training Loan? Because Northwest Aviation College is accredited, a Sallie Mae loan would work. Some people with very little credit do manage to get approved with Sallie Mae, so don't let your credit scare you away from applying. Just a note though: If you have a defaulted student loan, you do not qualify for a Sallie Mae loan.

Another thing to think about is, Northwest Aviation College lets you pay for your training as you go. Their website states:

"Many schools and academies require students to pay for their training in advance with no ability for a refund. However, at Northwest Aviation College, you can pay as you go."

I know that paying as you go can still be expensive and seriously slow down your flight training, so I would suggest giving Sallie Mae a try.

Here is the link for the Sallie Mae Career Training Loan:

http://www.salliemae.com/get_student_loan/find_student_loan/training_loans/career_training_loans/

Good luck and let me know how it goes!

Rose

Alex Aug 17, 2009 5:47 PM

Seattle, Washington flight school

Hey Rose, I am trying to become a pilot and want to stick close to home. I do not have a co-signer and have very little credit history. Any ideas? I have been looking at going to Northwest Aviation College...but am open to other options.

Rose Kivi Aug 5, 2009 5:50 PM

Answer for Victor jakarasi

Hi Victor,

There is a flight school in Zimbabwe called Pegasus Flight Training. Their contact information is below:

Pegasus Flight Training
Charles Prince Airport, PO Box MR2,
Marlborough, Harare, Zimbabwe
tel. +263 4 302330/302319
fax 307178

I suggest contacting Pegasus Flight Training and asking them for advice on obtaining financing.

Victor jakarasi Aug 5, 2009 6:26 AM

Hi im victor jakarash

I am an 18 xear old in zimbabwe i would like to take flight training and become a pilot but the problem is i dont have the large amounts to finance the training and here in zimbabwe there are no flight schools so please ineed your help.thank you

Rose Kivi Jul 31, 2009 6:05 PM

Answer for Rob Mccoy

Hi Rob,

Sallie Mae offers career training loans of up to $80,000 that can be used for flight school. You can apply at http://www.salliemae.com/slmfschllist/apply.aspx

rob mccoy Jul 31, 2009 3:11 PM

rose can you help me find a loan company in the san jose area that will loan up to 74,000.00 to me so i can attend helicopter flight training asap ... i do have a co signer as well and just want to get started with training.
thanks
rob

Rose Kivi Jul 28, 2009 6:41 PM

Answer for Kumaresan

Hi Kumaresan,

You can try applying for a loan through Cloud 9 Flight School in Cape Town. Their contact information is:

Cloud 9 Flight School Contact Information:
Phone: + 27 (21) 934 6993
Fax: + 27 (21) 934 9996

Email: training@cloud9air.co.za

Website: http://www.flycloud9.co.za/

Address: Hanger #1, Non-Scheduled Flights, Cape Town International Airport, 7525
P.O. Box 7, CapeTown International Airport, 7525, South Africa

Since you are an aircraft maintenance engineer, you can try contacting South African flight schools and inquiring if they have any aircraft maintenance engineer job openings. If they do, you can use part of your pay from the aircraft maintenance engineer job towards your flight training.

Here is a list of flight schools in South Africa: http://www.aircraft.co.za/Listings/187/3.php

kumaresan Jul 28, 2009 11:21 AM

hi mam, my self KUMARESAN from india. i am seaking for fund or loan for pilot training in south africa and i am ready to work as a bond basis for so long after my training .plz kindly guide me.and moreover i am the aircraft maintenence engineer and i can work as a employee in the training insitute when ever i get time,,,,,,,,

Rose Kivi Jul 26, 2009 7:16 PM

Answer for Reynard Gerber

Hello Reynard,

At Cloud 9 Flight School in Cape Town, flight loans are available for students who qualify. I do not know what the qualifications are, so contact Cloud 9 to find out. (The contact information is at the end of this message.) The following is a quote from Cloud 9's website:

"We have been accredited by one of the top five financial services providers as a place of tertiary education, allowing our students to apply for student loans much the same as would be done when attending university."

Cloud 9 Flight School Contact Information:
Phone: + 27 (21) 934 6993
Fax: + 27 (21) 934 9996

Email: training@cloud9air.co.za

Website: http://www.flycloud9.co.za/

Address: Hanger #1, Non-Scheduled Flights, Cape Town International Airport, 7525
P.O. Box 7, CapeTown International Airport, 7525, South Africa

Good luck,
Rose

Reynard Gerber Jul 26, 2009 10:15 AM

Loan / Bursary / Sponsership for Pilot training in South Africa

Good Day Rose

Do you perhaps have any idea of people in South Africa that is giving Loan / Bursary / Sponsership for Pilot training. I am willing to payt back as well as work back.

My family dont have the fininaces to send me for further training.

Yours Truly

Reynard Gerber

Rose Kivi Jul 25, 2009 12:24 AM

Answer for Daniel P.A.

My suggestion for you is to try and get a loan either through your flight school or one of the programs listed in this article.

Daniel P.A. Jul 24, 2009 9:38 AM

HELP

hi... my name is Daniel and I am facing some financial problems. my story is the following, I was sponsored by an airline and sent to a flight school, however, I have 17 hours extra than the school's syllabus and the Sponsor pulled there hands out due to the fact that I may be a "training risk"... I know this is not enough to explain everything in full details however I am looking for someone to give me a helping hand to continue what I started... do I want this ??? YES YES YES and a million times YES !

Rose Kivi Jul 17, 2009 7:18 PM

Answer for Harish Partiben

For flight training financing in Malaysia, I would suggest contacting a flight school in Malaysia. Asia Pacific Flight School assists flight students in getting loans. You can contact them by phone at +60320923177/+60192819310 or you can visit their website at http://www.apft.edu.my

harish partiben Jul 10, 2009 2:35 AM

searching loan for pilot training

hi good morning i m harish partiben from malaysia..
now i am 18 years old..
i am looking for loan for pilot training..
is it possible to get loan from there?
what is tne right path to get loan or the requirement?
please let me know.
thanks for reading this mail.

How to Get Student Loans for Flight School & Training

AOPA Flight Training Funds Program

Sallie Mae Career Training Loan Program

Pilot Finance, Inc.

Loans Through Flight Schools

Credit Cards and Personal Lines of Credit

Grants and Scholarships

References

Comments