PPRuNe Forums - View Single Post - Student Loan for pilot training?
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Old 23rd Aug 2015, 03:19
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Sam596
 
Join Date: Aug 2015
Location: Lincolnshire, UK
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Hey, I recently got accepted onto the university course at Bucks New Uni adn unfortunately it's not exactly how you think it is.

From Student Finance, you get a loan of £9,000 a year for 3 years, in total £27,000. £19,500 of this goes to the University.

In the first year the entire £9k goes to the uni AND you have to pay ~£10,000 extra to obtain your PPL.
In the second, £1.5k goes to the uni, and the rest goes to your chosen FTO, and then you pay the extra tens of thousands for your ATPL.
In the third, the £9k will all go to the uni again.

As for just getting the loan and going straight into training, nope. Student Finance (AFAIK) only applies to university courses. Period.
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