It seems that you have already made your mind up to start on this scheme.
Seriously, put some proper thought into the advice given on this forum.
What others have posted is very true.
- The MPL is the worst form of training as it has by far the highest risk. The reason it is popular is the profit margins are higher.
- It seems you have financial restrictions. Modular can be a hell of a lot cheaper than the easyjet MPL. It'll probably cost £50k more than modular when you add accommodation/ incidentals. Plus that £40k of loans/ grants is a long way off the around £100k you'll need. Then surely you'll add £30k onto the cost of the course so the loan doesn't make that much of a difference?
- What's the other purpose of a degree in aviation? It won't be of much use if the whole industry collapses.
- Nothing in life is guaranteed. The course. The job. Who knows what's around the corner?
- You can do modular ATPL exam courses full-time in the classroom too.
- A lot of the big ATOs are really struggling with training delays at the moment. Especially at the ME and IR stages of training. CAE appears to be among those ATOs and I doubt the backlog will be any better. Modular allows you to pick and choose carefully after each stage. Integrated doesn't.