Yes, you can change flight schools.  There is no financial penalty.  However, there are some considerations you should be aware of if you wish to switch schools for any reason.

Pilot Finance programs always provide that you can terminate your training at any time for any reason and receive a refund of unused or undelivered training services.  However, our finance transactions are purchased by you, a specific student, at a specific flight school.  Your financed training funds are the property of the flight school from which you purchase your training program until you exercise your right to terminate that program.  Therefore, to switch schools you need to: (a) terminate your existing program, and (b) apply with the new flight school to finance your remaining training.  Pilot Finance will combine your two accounts into one.  This process typically takes less than one week.