PPRuNe Forums - View Single Post - How do you fund for all your training?
View Single Post
Old 17th February 2005 | 18:38
  #1 (permalink)  
davewhiteside
 
Joined: Feb 2005
Posts: 8
Likes: 0
From: Blackpool Lancashire
Exclamation How do you fund for all your training?

I am currently working towards my PPL(A) and wanting to eventually fly proffesionally.
I have been speaking to my flying school & one of the blokes was telling me I would be looking to spend around £50-60k on training to become a proffesional pilot. I asked how the heck would I be able to come up with that kind of money and he said you can get a career development loan.
I went to the bank (TSB) to speak about this and they did seem interested in me. They did however say that the career development loan only goes up to £20,000, which leaves me £40k to come up with, although they do look at everyone individually to try and meet peoples needs.
I was wondering if anyone has any ideas on how to afford the costs, and also where I could get such figures from to present the bank with. I also want to know if my total costs are correct (£50-60k)
Thanks very much.
davewhiteside is offline