Another question thread...

[iamruss]

Well okay, question<s>.

These may be repetitive questions I apologize if so, but I'd appreciate it for any response:


1. Does the cost, $61,895, include every expense while attending (Minus food of course)?

2. How far is housing from the school? If it's far, is there a shuttle (I wouldn't be able to drive so far to have my vehicle)?

3. "340 hours, of which 150 hours is multi-engine time." Is the 150 hour ME time actual flying time? Or does that include simulator use?

4. I notice you said in a previous post that "though we typically expect the aircraft to be back at the base each evening." Does this mean night flying is out of the question (On the SE/ME time building phases)?

5. During the various time building phases, are we paired with other students in the aircraft?

Financing questions:

1. I'd need to be financed of course and I see that you use SLM. My parents have given me the thumbs up to co-sign and even though they own a house I'm scared that I wouldn't be accepted. Are there other loan companies you partner with in case my fears are true of a denial of a loan through SLM (I've heard stories of them denying individuals that shouldn't be)?

2. If the SLM Loan went though successfully. How are the funds handled? Does SLM pay you directly on a disbursement schedule or do they send the full amount of the loan to me directly upon start date?

3. Is there a possibility that I could request a little more than the final costs for living expenses while I attend (I know they offer this to few schools, to my understanding).

Thank you and I look forward to any replies.

-RDM

[LoadMasterC141]

I'll answer the ones' I know and leave the rest for Michael....

2) Housing is a mile from the school. New Century Air Center is an old Navy base revamped into an exec/industrial airport. The housing is the old officers' housing. It is an easy bike ride, and on the way to the school for anyone going to it as well.

5) Generally you are out on your own, with an instructor for insurance purposes, during the twin time building.

Financing:

SLM loans are disbursed to the school. You can easily ask for more than the school tuition. I did just that.

[Michael95U]

Originally Posted by iamruss

Well okay, question<s>.

These may be repetitive questions I apologize if so, but I'd appreciate it for any response:


1. Does the cost, $61,895, include every expense while attending (Minus food of course)?

2. How far is housing from the school? If it's far, is there a shuttle (I wouldn't be able to drive so far to have my vehicle)?

3. "340 hours, of which 150 hours is multi-engine time." Is the 150 hour ME time actual flying time? Or does that include simulator use?

4. I notice you said in a previous post that "though we typically expect the aircraft to be back at the base each evening." Does this mean night flying is out of the question (On the SE/ME time building phases)?

5. During the various time building phases, are we paired with other students in the aircraft?

Financing questions:

1. I'd need to be financed of course and I see that you use SLM. My parents have given me the thumbs up to co-sign and even though they own a house I'm scared that I wouldn't be accepted. Are there other loan companies you partner with in case my fears are true of a denial of a loan through SLM (I've heard stories of them denying individuals that shouldn't be)?

2. If the SLM Loan went though successfully. How are the funds handled? Does SLM pay you directly on a disbursement schedule or do they send the full amount of the loan to me directly upon start date?

3. Is there a possibility that I could request a little more than the final costs for living expenses while I attend (I know they offer this to few schools, to my understanding).

Thank you and I look forward to any replies.

-RDM

RDM:

Thanks for the post. To answer your questions:

1) Yes. Though it doesn't include a headset or logbook.
2) Housing is close, though the place that Loadmaster is staying is not the only place we utilize. If students don't have a car, we try to put them in the housing within a mile of the airport. We don't have a shuttle and we prefer students have a car for mobility sake, but we can help you out for the most part. If you are here in the summer time, a bike would work well.
3) 340 Hours, of which 50 are AATD and 100 Multi Engine hours in the aircraft (no safety pilot time!)
4) No, in fact, we encourage night time. Sometimes it just isn't feasible due to the following day's schedule to stay overnight at an out station.
5) No. It is all single pilot flying, though when you fly the Twin Comanche, you will have an instructor with you at all times for insurance purposes.

Financing:

1) We only utilize SLM loans. We had been working with Wachovia to secure loans through their company. However, now that Wachovia/TERI Loans are in financial trouble, Sallie Mae looks to be the only financing company available.
2) SLM pays the school in equal disbursements during your stay with us.
3) Yes.

Let me know if you have any other questions!

Michael

[Michael95U]

I should also point out that our prices will be raised on June 1st to compensate for rising fuel costs. I am waiting until then so we only have one price increase this year.

Michael

[iamruss]

Thank you for the answers... I've researched a few schools and CPS is my number one choice.

ATP: Many reasons, expensive, and I've heard some bad stories of professionalism there among other things.
DCA: I've also heard of bad stories there.
Mazzei: They are less than one mile from my house, but they contract with overseas airlines and can't 'fit me in their schedule' till August.
Others: Various reasons

I'm liking the family atmosphere. I realize that ever school is a business, but more than others, it appears that you guys enjoy what you do which means it won't be as hectic. I've also read 100% good things.

Follow-up questions:

1. Would I first apply via SLM and then upon approval speak to your school and schedule a date? Is there any detailed explanations on how to fill out the loan successfully for the school (Do I put an estimated start date, and what should I put in the disbursement dates that are on the application)?

2. Or should I call you guys up today and start the process?

3. If my start date is before the price increase. Is my training secure? Or would I pay the difference of the price increase while I'm there?

Thanks!
-RDM

[Michael95U]

RDM:

I am glad to hear we are your number one choice for flight education!

1) Email us and let us know what start date you are looking at.
2) Apply for financing.
3) Once you sign up, you are locked into that price.

Michael

[iamruss]

Originally Posted by MichaelCPS

RDM:

I am glad to hear we are your number one choice for flight education!

1) Email us and let us know what start date you are looking at.
2) Apply for financing.
3) Once you sign up, you are locked into that price.

Michael

Thank you for the quick responses. Hopefully it will help others who have similar questions.

I'll be in touch!

-RDM