Financial Aid for a flight school. Where to look?

Christian T asked:


I am going to be starting my flying lessons soon and was wondering where I can get financial aid.

What company provides a student loan for a someone who is going to a small FBO. I will be pursuing this for a career so I don’t know if that will make a difference.

I live in Illinois a little south of Chicago if that matters.

Dorothy

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2 Responses to “Financial Aid for a flight school. Where to look?”

1. Private_Jet_Charter Says:
   March 6th, 2009 at 11:53 am

   There is a company called Pilot Finance they basically provide student loans for flight training.
   Hope this helps and good luck with your training!

2. Great p Says:
   March 8th, 2009 at 4:59 am

   A Bad Credit Student Loan can be sought through many different avenues. It all depends on your personal credit rating. The biggest challenge is finding one that offers the lowest interest rate.There are various routes to explore when seeking out a bad credit student loan and I would suggest that your first port of call would be the school for which you are about to attend. You will need to fill out a FAFSA form in order to initially apply for a federal loan. Perkins loans are combined school and government funds. A combination loan may be another alternative way of acquiring a bad credit student loan. This type of student loan enables you to consolidatestudent loans defer your payment until you have finished college. This in turn will allow you time to improve your credit rating and when you leave college you could then look into consolidating your bad credit student loan at a better interest rate. This will mean your monthly payments will be at a lower level and therefore more affordable.