It has a place for sure, best used to help pilots who have already got the CPL to upskill to help get that first job.
That amount of 150 grand is only available for other courses that need ATAR of 95+. (Vet, Medicine, Dentistry) This course needed an ATAR of 40.65. The average is about 65.
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A former student of Box Hill Institute in Melbourne and Soar Aviation said the enrolment test could be completed at home and focused on basic English and simple algebra equations. On its website, Soar Aviation says its courses do not require a background in “physics or mathematics”. “We will teach you what you need to know to achieve a commercial pilot *licence,” it says."