Forum >> Flight Training FinancingFinancing for Flight TrainingCan anyone give me some suggestions on how to start the process of getting a loan for training? Does anyone have suggestions on banks? Re:Financing for Flight TrainingOne suggestion might be the banks that are still solvent given the current financial turbulence. ;-) bbangs Oct 12, 2008 18:34:41 Re: Financing for Flight TrainingThere are not a whole lot of options as far as banks that will give you a loan specifically for flight training. I can't remember very many right now. The one I used is Sallie Mae.
Re: Financing for Flight Trainingif your not going to go through a college, check if you can get financing through sally mae. the flight school has to be approved by sally mae though
Re: Financing for Flight TrainingThe flight school I went to wouldn't take Sally Mae for some reason, so I pulled out a school loan with Wachovia bank. Payments don't start until training is over and you have a job. Plus, if you enroll in any kind of school again-payments can be deferred. Of course, interest goes up as well. So I guess people could just try their local bank and see what their stipulations are, since I know Wachovias aren't everywhere I don't think.
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