Hi all,
I'm trying to find out some details about how this sponsorship works, more precisely, about the contract terms. I know this may be a little premature at this point, but the sooner I (and probably everyone interested) get this info the better.
According to their website,
The company shall be entitled to recover from the cadet on demand the sponsorship cost on a pro rata basis (i.e in proportion to the sponsorship cost incurred by the company to sponsor participation in the programme).
If, prior to the successful completion of the programme the cadet:
-fails to comply with any of the employment obligations and training attendance requirements;
-is for any reason expelled or prohibited from continuing the training and/or fails to complete the training within the period specified;
-fails to pass satisfactorily any final GCAA examination given by the training provider as per the GCAA regulation and as a result participation in the programme is discontinued;
-fails to achieve the minimum requirement of the training; make unsatisfactory progress with any aspect of the training or fails to display the necessary aptitude for the training; or discontinues, suspends or terminates training at any time before completion of the programme.
The company shall be entitled to recover the sponsorship cost in full (and subject to any right of set off as stated in the joining contract) if after completion of the programme, the cadet fails to comply with any of the stated obligations in the joining contract.
Does this mean that the cadet, if, for any reason, is unable to successfully complete the training, will have to pay the sponsorship cost in full? Isn't there any kind of Protection Plan (as in the NetJets/OAT scheme, for instance)? If anyone knows something more specific about this issue, please let me know.
Cheers! And good luck for those applying.
