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Old May 7th, 2007, 19:49   #1
fly4food84
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Default The "loan"

I'm currently going to a small "mom and pop" Part 61 FBO that I've been flying under and currently working on my Commercial there. I'm wanting to stay there and finish up my ratings through CFI. I currently have 200hrs TOTAL and I want to get a loan to cover me to that point, then a 100hr Multi time builder. My school is not listed under Sallie Mae, so I'm looking for any other alternative for a loan. Any ideas would be helpful as I am not greatly knowledgable with loans.
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Old May 7th, 2007, 20:43   #2
nabd30
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Default Re: The "loan"

sign up for UVSC's global aviation degree program, get fed and slm loans to do the training at your local FBO. www.uvscaviation.com

otherwise, you're pretty much SOL

Pilot Finance is also another company out there that does financing for Part-time flight training--but the terms and disbursements suck compared to SLM even.
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Old May 8th, 2007, 10:37   #3
MichaelCPS
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Default Re: The "loan"

Quote:
Originally Posted by nabd30 View Post
sign up for UVSC's global aviation degree program, get fed and slm loans to do the training at your local FBO. www.uvscaviation.com

otherwise, you're pretty much SOL

Pilot Finance is also another company out there that does financing for Part-time flight training--but the terms and disbursements suck compared to SLM even.
You can't use Fed loans for the flight training through the UVSC program unless you are actually flying AT UVSC.

You can get loans through MyRichUncle and NextStudent by co-enrolling in the UVSC program. These are Private loans and they will cover up to $70,000.00.

-Michael
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