Financing Your Flight Training

Financing

At CTI Professional Flight Training Academy, we are committed to helping you find a way to fly.  While we do not provide direct student loans, we have collected several options for you to consider when financing you flight training.  We continuously search for financial partnership and funding opportunities to assist our students. 

If you are a veteran, please see if you qualify for VA Benefits.  College students enrolled in a two or four year university may be able to apply for student loans or grants through their university.  You may also consider applying for one of the many aviation scholarships available from various organizations.       

We Fly - We Florida Financial

We Fly offers a line of credit between $5,000 and $30,000.  Students pull from the line of credit to fund training as they advance.  Repayment terms and interest reates vary based on the applicants credit score.  You may also apply with a co-borrower to improve both your income test and credit score.  If the applicant's credit score is good, this program offers some of the best pilot financing rates and terms available.  Alex Martin-Aviation Program Manager, 954.913.7871, amartin@wefloridafinancial.com, apply online at www.wefloridafinancial.com/wefly.

Pilot Finance, Inc. 

Pilot Finance is a private lending institution specializing in financing flight training for private pilots.  They provide a good option for beginners or ad-on certifications, but may not be a good fit for students in the professional pilot program.  Pilot Finance offers a separate loan for each license or rating, and each loan must be paid down by 50% before the next loan is considered.  They do not defer repayment while in training.  Repayment terms range from 18 - 72 months and interest rates vary from 12% to 18%.  1.800.667.0201, info@pilotfinance.com, www.pilotfinance.com.

AOPA Aviation Finance 

AOPA is a large aviation organization that offers financing for its members who have an income.  Repayment terms and interest rates vary based on credit score.  You may also apply with a co-borrower to improve both your income test and credit score.  Loan amounts are as follows:  (credit score 700+) loan amount equal to three times gross monthly income, (650-699) loan amount equal to two times gross monthly income, (600-649) loan amount equal to gross monthly income.  Repayment terms range from 24 - 84 months and interest rates vary from 9.49% to 15.24%.  1.800.872.2672, apply online at https://finance.aopa.org/flight-training-finance.

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