Topic Author
Posts: 1461
Joined: Wed Jan 03, 2007 12:38 pm

Loans For Flight Training

Mon May 28, 2001 7:21 am

This may be a topic for another forum, but I'm asking it here because I think this is place where it is most likely to be answered accurately.

Here is my situation. I will graduate from college next year, and I will have a BS in Accounting. I'm considering taking out a loan to finish my flight training (through CFII/MEI). It would take about 8 years to finish without the loan.

Now, here's the question: What is a typical interest rate and term of a loan for that type. I'm not sure whether I'd be eligable for a Perkins or Stafford Loan (and besides that, I already know the term and interest rate for those, and I might just be making to much as an accountant...)

Perhaps someone can comment who has taken out a loan to finish flight training.

Jack @ AUS

RE: Loans For Flight Training

Mon May 28, 2001 8:34 am

I wrote an article for Jetcareers about this, you might want to have a look: Click Here. I hope it helps!
Posts: 4713
Joined: Mon Mar 01, 2004 4:46 am

RE: Loans For Flight Training

Mon May 28, 2001 8:54 am

A flight club I was in had a SallieMae learning loan that you could get.
Pan Am:The World's Most Experienced Airline - P(oor) S(ailor's) A(irline): San Diego's Hometown Airline-Catch Our Smile!

Who is online

Users browsing this forum: Newark727, njxc500, Taxi645 and 3 guests

Popular Searches On Airliners.net

Top Photos of Last:   24 Hours  •  48 Hours  •  7 Days  •  30 Days  •  180 Days  •  365 Days  •  All Time

Military Aircraft Every type from fighters to helicopters from air forces around the globe

Classic Airliners Props and jets from the good old days

Flight Decks Views from inside the cockpit

Aircraft Cabins Passenger cabin shots showing seat arrangements as well as cargo aircraft interior

Cargo Aircraft Pictures of great freighter aircraft

Government Aircraft Aircraft flying government officials

Helicopters Our large helicopter section. Both military and civil versions

Blimps / Airships Everything from the Goodyear blimp to the Zeppelin

Night Photos Beautiful shots taken while the sun is below the horizon

Accidents Accident, incident and crash related photos

Air to Air Photos taken by airborne photographers of airborne aircraft

Special Paint Schemes Aircraft painted in beautiful and original liveries

Airport Overviews Airport overviews from the air or ground

Tails and Winglets Tail and Winglet closeups with beautiful airline logos