Over the past 10 years many institutions that previously offered financial assistance to prospective flight students, namely Sallie Mae and Key Bank, have either ceased to do so or severely limited their offerings. There may, however, be select alternative options available.
(The following link, while not endorsed or vetted by Pilot Finance, does seem to discuss some of the best options for getting training funds.)
We are committed to offering you as much information as we can about paying for your training. If new options become available, we will update this section of the website.
Title IV flight schools, colleges and universities, are usually eligible for federal student loans and grants. Though we don’t have a list of current schools eligible for these payment options, you can read more about Title IV financial assistance at the following link.
Additional funding options can include a home equity line of credit (HELOC), a high-limit, low-interest credit card, the Post-9/11 GI Bill, or a private loan from a local bank.