New Sponsorship (ish) scheme OAT

[Jenson Button]

Read the small print

Can I just get this clear in my ‘ead….

£64000 – For the course and fees
£6000 – Say costs incurred for your good self incl food, other accom, living expenses
£15000 – Loss of earnings at a low just out of Uni level for the time with OATS
£22500 – Interest on the above over a 5 year period
£39000 – Reduced salary loss of earnings as a Cadet F/O with TCA for three years.

Grand total to you the student - £146500

Of course I’ve rounded it up a little bit, but it’s a ball park figure to play with. As a FO with TCA with a full bells and whistles licence and some experience under your belt, you would have a basic of £33k ish. As a Cadet, last time I checked, £20535 pa.

Can’t help but take sharp intake of breath.

Going modular, getting a couple of years TP experience isn’t going to cost over 1/8 of a million quid ?

Good luck to those that want to embark on this route……