You may be surprised to learn that the national dropout rates, as provided by the FAA, are consistently around 70%. Click this link to see the table of the FAA’s new certificate statistics for the last 10 years.
Original Airmen Certificates Issued
Students that finance their training with Flight Training Finance, however, have a dropout rate of 8-12%. There may be many reasons why our customers are so much more likely to achieve their training goal compared to more traditional buy-a-lesson-at-a-time methods. We think it is related to how:
- Students and schools sit down and commit to the entire program from the beginning instead of merely starting training and “seeing how it goes”; and
- Students do not have money worries about finishing their training as the money is all set aside and available.