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Old November 28th, 2006, 11:19   #2
rausda27
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Join Date: Jan 2002
Location: Florida
Posts: 1,278
Default Re: True cost of instructor track

If you break your 800 hour contract you will be charged a pro-rated share of yor "standardization" costs. For me it was $1300.00 give or take a few dollars.

So..I completed the entire ab-initio program, CFI, CFII, interviewed and got hired. Unfortunately although I was hired, I had to wait almost two years to get a instructor slot. I came back, instructed for over a year and a half and was finally hired by a regional airline. During my resignation process they handed me my bill. If you are going to be an instructor there, I would recommend completing your contract, especially if ytou use Key to finance your training, as I have found out, the repayment on a regional salary can be difficult with the variable rate loans. (On the positive, they dont charge you interest on the pro-rated amount you owe if you break your contract)

FSA was a great place to train and instruct, however, don't let the cost put you in a financial bind during the CFI years and earnings at a Regional.
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