Well done to those of you that saw the light and applied for the FlyBe sponsorship. Good move. There're two of this year's FlyBe sponsored crop writing this so the info is at least half reliable.
The repayments will be taken from your salaries for 5 years. Not a long time in the grand scheme of the possibility of 30+ years available to you in the aviation industry. Plus, if you honour your bond (no reason not to) the type rating is free for an airline with pretty much the youngest fleet in aviation, not to mention the prospect of an Embraer jet to get your hands on.
So to those of you down next week for the tests.
The tests are nothing to worry about. Pretty basic (GCSE and AS Level, can't remember what exactly, speed, distance, time and interpolating tables) Physics (written) and Maths (written) as well as an aural maths/physics combined test (No question paper, just working and answers) sandwiched in between (all multiple choice like the real things but no calculators allowed). After that, aptitude, If you've been to Cranwell for the RAF and passed those then don't worry. Then the interviews.
Best of luck