Flight Training Financing Resources

Flight Training Financing Resources

Flight Training is expensive, but there are options for financing.  Training two to three times a week improves consistency and in the long run costs you less money as you are more prepared for your checkride, and typically do not end up repeating lessons.. While you will be paying finance charges, you may take fewer flights if you can fly more often without large gaps between lessons.

Aircraft Owners and Pilot’s Association (AOPA)

AOPA provides a wealth of information and resources for pilots, and now includes pilot financing. Their flight training loans are quick, easy, and flexible. Application is online – you can find out all about their loan options hereAOPA also promotes aviation through scholarships. You can find out all about their scholarships here.

Pilot Finance, Inc.

Pilot Finance provides loans for part time flight training. They focus on the people who fly a few times a week and aim to fly recreationally. They put up an agreed amount of funding, you fly and the flight school sends invoices to Pilot Finance. You pay back interest and capital like any other loan.

Pilot Finance, Inc.
2101 Waukegan Road, Suite 101
Bannockburn, IL 60015-1836
(800) 667-0201
info@pilotfinance.com
http://www.pilotfinance.com

Simple Tuition

Since scholarships might be small and not all flight schools accept standard federal loans, some flight school students may need to explore private funding options.

http://www.simpletuition.com/student-loans/flight-school-loans/

Experimental Aviation Association

EAA’s scholarship program encourages, recognizes and supports excellence among those studying the technologies and the skills of aviation. These annual scholarships help outstanding students who demonstrate financial need to accomplish their goals. You can find more information on scholarships here.

The Ninety-Nines

The Ninety-Nines have promoted women pilots since 1929. Each year, they host the Amelia Earhart Memorial Scholarship along with chapter scholarships. You can find more information on scholarships here.

Women In Aviation

WAI is an organization dedicated to advancing both women and men in aviation. Through networking, conferences, and scholarships, WAI encourages young people to pursue and prosper in aviation. Their website includes numerous scholarship opportunities from various companies for several areas in the aviation industry. You can find flight training scholarships among others here.

Utah Valley University

Utah Valley University’s degree programs allow you to apply student loans and financial aid directly to your flight training costs. The ground portion of your flight training and general education classes can be completed online for college credits with access to classes 24 hours a day.  Students can fly with AeroDynamic Aviation while completing their online degree at UVU.

UVU’s Aviation Financial Aid Office understands the unique needs of aviation students and is available to assist students at 1-877-336-8872 or aviationfinaid@uvu.edu. We strongly recommend contacting them prior to beginning your financial aid application process. To apply for financial aid:www.uvu.edu/financialaid. For specific tuition information and any other questions please call the Aviation Advisement Center Mon – Fri, 10am – 6pm Mountain Time 1-888-901-7192 or email: aviation@uvu.edu