STUDENT PILOT TRAINING LOANS

Airline pilot training is an investment designed to bring you a rewarding and fulfilling career. 12 or more months of intensive training are completed and then the crucial task of finding that first airline job as a First Officer begins.

The two questions we are most asked as trainers are “What are my chances of getting a job once I am trained and qualified?” and “What funding solutions can you offer to help me pay for my training?”

With regard to the first question we advise you to thoroughly research the opportunities before you commence training and make an educated decision as to the state of the industry and what it might be like in 12 to 14 months time when you will be looking for employment. There is masses of information about an impending pilot shortage on the Internet, but only you can make the decision based on the facts you find. Also remember, being a small industry it is important to ‘network’ during your training, as you very often meet someone who might be an important contact during your job-hunting period later on.

With regard to the second question, 2FLY work with financial institutions who offer student loans for training including PPL, CPL and full ATPL programmes.

Here are 2 funding options:

BBVA STUDENT LOAN

Passing the 2FLY Cadet Assessment not only guarantees a cadet a place on a Pro-Pilot Programme but also opens the door to obtain a student loan via our banking partner BBVA, one of the largest banking and financial services providers in the world. The beauty of this solution is that you can borrow the total amount of training fees PLUS all your expenses leaving you completely stress free to concentrate on the most important aspect, doing well in your training.

As with most loans of this type, the Pilot Training Student Loan Scheme features the necessity of a property to offer as security against the loan usually a parent or sponsor.
Repayment period is around 8 years but you do get a 2 year payment holiday which means no payments are necessary for 24 months giving you plenty of time to secure that first job before you need to start repaying the loan.

To download a brochure about this loan, visit our download area here.

J & S FINANCIAL SERVICES

J & S are independent mortgage specialists. They can offer independent advice about mortgages available in the UK market place which will enable you to fund your training.

Before contacting J & S Financial Services, please check that you meet the following criteria:

  1. You must be a UK resident
  2. You must be at least 18 years of age
  3. You (or your sponsor) must be a UK home-owner

Provided you fulfill this criteria, for further information, email Jonathan Lightfoot here or call him on +44 (0) 1509 889740.