How much money do you need before embarking on a modular course?

[SuperTed]

How much money would you say you needed to save before actually embarking on a modular course if you already had a ppl??

[mjkukin2]

id say around 40k if you were too do it in the uk

[GonvilleBromhead]

ST,

Do you already have the required 150 hours to start CPL ? If so, I'd say UMIST's quote is a bit on the high side.

£2000 will get you the writtens done, so in theory you could start off working on them, meanwhile working and saving for the rest.

I'd say rough estimates (and these are probably on the high side) 4/5k for CPL, 10K IR (which can be done a bit later), 1.5/2K MCC.

So to start the modular route, probably wise to be able to afford the writtens and CPL, one way or another. If necessary (and to most of us it probably is), check out with a bank what kind of loan you may be able to get to help with the funding.

(Edited to say just read Aces Low's post on Modular Wisdom thread. Good points in there Aces, by the time such issues are factored in, probably does bump up the price a bit. Still think 40K is on the high side for modular though. Certainly to start the training, not that many people would have the full amount ready to spend as it were).

cheers,

GB.

[ 04 January 2002: Message edited by: GonvilleBromhead ]</p>

[Jockflyer]

SuperTed,

I would tend to agree that its going to be near enough 40K.

If you pass every test first time, then it will be a bit less, but I would count it doing that.

When I was working out how much it would cost I estimated 25K......it actually cost 45K (and that doesn't include loss of earnings).

Its a bit like building your own house, in that it always costs more than you thought/budgeted for.

Good luck

[bow5]

Whoah there!! Hang on a minute. Multiflight, for one, do an ab initio to ATPL integrated course for £29,050, as advertised on this very site.

Modular courses should not cost £40,000. If you are paying any more than that then you are getting seriously ripped off.

The most expensive 'single module' of a modular course is the PPL and the 150 hours needed to commence training. Get that as soon as you can but remember, if you shop around you can find a good PPL course at a reasonable price. Anything more than £5-6,000 and again you're been taken for a ride.

Good luck.

[spitfire747]

I agree the modular route will cost less than an integrated course.

If you think of the modules as

PPL, Night
Hour building (150hrs)(cheaper abroard)
ATPLs
CPL
IR
MCC


Then it should cost around £25k to £30k if done in the UK with first time passes.

You need to account for loss of income as well as food and accommodation.

BUT spread over 3 years it is easier for the bank to digest than a straight forward £60k

Good Luck

[spitfire747]

I agree the modular route will cost less than an integrated course.

If you think of the modules as

PPL, Night
Hour building (150hrs)(cheaper abroard)
ATPLs
CPL
IR
MCC


Then it should cost around £25k to £30k if done in the UK with first time passes.

You need to account for loss of income as well as food and accommodation.

BUT spread over 3 years it is easier for the bank to digest than a straight forward £60k

Good Luck

[bow5]

There seems to be some confusion on here as to how much living expenses etc. are for one year. In my opinion both flying schools and certain threads on this forum are way over-estimating just how much it costs to live for a year. For anyone who's interested...here's what I reckon.

I went to uni at UEA in Norwich which as prices go is fairly average. Certainly more expensive than the North but not quite as expensive as inner city London. I ran a car, paid rent on a decent house, ate well, went out 5 times a week on average and rowed (which is not a cheap sport - believe me) and I reckon that I spent somewhere in the region of £5500-£6000 each year. Add into that luxury things like clothes, CD's etc.

The way I see it is that if you are studying for an ATPL then you will not have much time for other stuff, certainly not like you do at uni. Obviously you can't get hammered every night if you are flying or studying the next day. Take away the car and cut down on the luxuries and I think you could comfortably live on £4000 for a year without any problem.

I've read in some places that you will need upwards of £7000 to live for a year while studying. Pull the other one.

[SuperTed]

I was a little shocked to read that you needed 40K, hence thats why I started this thread. I have reckoned it up to be:

PPL 4K
IMC 2K
Night quali = £700
Hour building in States plus expenses = 5K
ATPL exams d/l + CAA fee = 3K
CPL skills test 5K
Twin rating = £1500
IR = 10K
MCC = 2K
Any other extras= 2K

Total= 31K

This is a long way off 40K!

[wallup]

Well Superted, if you pass everything first time, maybe it would be £31k.

I was under the CAA system, did my PPL and IMC in the UK, Night, Multi and Hours Building in the States, BCPL, CPL/IR upgrade and MCC in the UK, so it is very similar to the modular route.

I did it over three years and it cost over £40k, and I passed everything first time.

Don't forget to add in CAA fees for examiners (approx £500 a test) and issue.

[Jockflyer]

Bow5 and Spitfire 747,

I note from your profile that you both have PPLs.

You have presumably been looking at adverts etc for prices of courses and this is what you are basing your estimates at, which is fair enough.

I have gone through a modular course, and have my CPL/IR (Frozen ATPL), MCC, PERF A, etc, etc, etc.

I know how much it costs, because I've done it! I did it as cheaply as I could, and it still costs 40K plus.

The prices you see advertised do not always include everything, flight tests fees etc. Sometimes you might fail and exam, if you fail your ME/IR flight test, you are looking at an extra 2000 minimum. What if you are faced with weather delays? I know guys who were sat around in Bournemouth for 4months waiting for good enough weather to do their IR, and it doesn't take long to become rusty, so you may need a few extra hours at 400 an hour, more dosh.

So believe, me and all the other guys who have already done it.

IT ALWAYS COSTS MORE THAN YOU THINK. AVIATION TRAINING WILL SUCK YOU DRIER THAN A THIRSTY WHORE.

If you know anybody who has done it all for less than 35K, I'll lick my own arse.

Good luck to all of you.

JF <img src="wink.gif" border="0">

[foghorn]

It seems to me that most of the people on this thread who are quoting £30,000 as being a fair figure for modular training have not actually been through the training yet themselves so are not really qualified to comment!

I have, and I can tell you that you should allow at least £40,000 for modular training.

Take for example Multiflight's ab-initio modular ATPL at £29,950. In my opinion Multiflight are amongst the best value for money in the UK training marketplace, so you're going to struggle to get better than this.

However don't forget that this figure represents minimum hours training, which often is not enough, and first time passes in everything, which many (me for one) do not achieve.

Whether it's due to poor weather, illness, aircraft unservicability, lack of examiner slots, or simply not being as quick to learn as others, you are likely to require additional training, which comes at an extra cost.

In the worst case, if you need additional twin training for your IR you're clocking up the extra cost at £288 per hour! Partial Pass your IR skills test and you're looking at at least £600 for a retest, more if you need retraining!

The thirty grand figure that Multiflight (and others) advertise does not include CAA test, medical and licence issue fees of £3,000 (yes, £3,000!), nor does it include the cost of accommodation and living in Leeds and the US for the respective modules, nor the cost of getting from the UK to the US.

If you're interested, I spent about £45,000 over 2 1/4 years part time to get my CPL/IR, although I didn't cut every corner possible, I do not consider that I wasted money either. Significantly I got both my CPL and IR with the minimum amount of training.

Go into it with your eyes open, folks, and listen to those who have been through.

Now to answer the original question of this thread, I think that you should allow at least for £40,000 for the full modular course, therefore with a PPL make this £35,000. Of course you don't need all of this upfront, that's one of the pros of modular training over integrated.

Best of luck,
foggy.

(added later: Jockflier - looks liek we were writing about the same thing at the same time!)

[ 04 January 2002: Message edited by: foghorn ]</p>

[wallup]

and see

<a href="http://www.pprune.org/ubb/NonCGI/ultimatebb.php?ubb=get_topic&f=2&t=011808" target="_blank">http://www.pprune.org/ubb/NonCGI/ultimatebb.php?ubb=get_topic&f=2&t=011808</a>

one of the best posts made in a long time

[Si]

I got 35K from HSBC for mine! hope its enough

[bow5]

Si,

Which bit of Yorkshire are you from?

Could you either e-mail me ([email protected]) or just post on here exactly how you went about getting your HSBC loan.
I haven't tried yet (am sorting out costings etc. at the minute) but someone I know tried for a 30k loan and they apparently turned him down flat.

Cheers.

[ 04 January 2002: Message edited by: bow5 ]</p>