by Pilot Finance Inc. | Sep 17, 2013 | School Program FAQs
The minimum program size for our standard repayment plans will include at least 45 hours of aircraft rental. We consider programs that include 25-45 hours of aircraft rental on an exception basis, but with shorter-than-normal repayment terms. Programs with fewer than...
by Pilot Finance Inc. | Sep 17, 2013 | School Program FAQs
The documentation for financing training through Flight Training Finance provides that the student may terminate their training at any time for any reason, or for no reason at all! The flight school and Flight Training Finance warrant this right. Both of us guarantee...
by Pilot Finance Inc. | Sep 17, 2013 | School Program FAQs
If funds are left over after training is completed, the student has several options: 1) use the remaining funds to rent aircraft and build hours; 2) use the remaining funds to take additional training; or 3) elect to terminate his or her program and have the unused...
by Pilot Finance Inc. | Sep 17, 2013 | School Program FAQs
The student can apply for “add-on” or “finish-up” training provided that 50% of the payments on his or her initial account are satisfactorily paid. To avoid this situation, we strongly encourage students and schools to package training programs that will be fully...
by Pilot Finance Inc. | Sep 17, 2013 | School Program FAQs
The repayment terms are determined by the number of lessons per week, on average, the student would like to take. Repayment terms range from 18 months for our most accelerated programs with 5 lessons per week, to 72 months for programs with only 1 lesson per week....
by Pilot Finance Inc. | Sep 17, 2013 | School Program FAQs
Flight Training Finance programs are for part-time training with training schedules that average between 1-5 lessons per week. The maximum training schedule must be established in advance because the maximum repayment periods we can offer is determined by the agreed...