Re: Anywhere else to get money?
Hey Joel,
I am actually having the same problem, and keybank does not offer loans to my flight training school either. I am very surprised that Sally Mae offered you 20K! That makes me feel better because, I heard somebody getting turned down by them because he requested 30,000. But, I believe that, it is more than enough money to get most of your ratings done. Atleast it should get close to obtaining the CFI ratings. Then you can probably work as a full-time CFI and earn money to get your other ratings, like multi engine etc. That's my plan. Hope this helps. Just remember, there are some people who wouldn't get approved for 20,000, and I am glad you did. Good luck with your flight training. If I were you, I would start immediately and worry about the money later. You already got most of it! Yes I do understand Steve's point, he has given me some advise about not getting loans. I agree with him 100%, so I am trying to borrow as little as I can, and pay them off as soon as I can. Don't take it the wrong way...
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