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Old December 2nd, 2003, 17:22   #4
SierraPilot
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Join Date: May 2003
Location: soon to be Vero Beach
Posts: 136
Default Re: Financing Training

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I have a Sallie Mae (two actually) and they have worked out well for me. The money was in the account at the FBO on time each time and the application process is a breeze.


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Hey ready2fly, was your FBO part 141? The reason I'm asking is at least with Key Bank they only let you get loans for approved 141 schools (to my knowledge), and my local FBO is only part 61 and would be alot more convenient to where I live.

Also are the Sallie Mae loans deferred? The only places I could find to let me get a loan for my FBO would only defer the prinicpal and not the interest.. which I can afford right now myself.

Ryan
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