McGrath50
I try my best to make sure everything I post on here is factual.
The money back guarantee or 'Skills Protection Plan' is offerred to all Oxford Integrated Students both in the UK and here in Australia. That is the reason they do the Selection Process to identify those where their risk of having to pay out is above a certain level. These guys get rejected!
This is off the OAA Website:
Skills Protection Plan
Our unique Skills Protection Plan (SPP) is specifically designed to help support your career ambitions to become an airline pilot.The plan helps to minimise the risks traditionally associated with undertaking the necessary training. It brings a new dimension to professional pilot training for self-sponsored students, offering safeguards never previously available - providing you with both the confidence and the support needed to embark upon an Integrated course of airline pilot training and at no extra insurance cost.
The SPP has incorporated into one package, 3 key measures which collectively reduce many of the risks inherent in undertaking any form of professional pilot training. By linking it exclusively to our APPFO Integrated course, SPP also ensures that students can complete their training virtually free of significant financial risk and with a high level of confidence in their ability to complete the course successfully.
In developing SPP, we have set out specifically to help protect our customer’s financial investment by transferring training and financial risk from an individual student over to Oxford Aviation Academy. By doing this, we believe we are acting ethically and at the same time demonstrating our faith in our SKILLS ASSESSMENT process coupled with the quality of our APP FIRST OFFICER training course.
Key Features
1.
Skills Assessment Our 2-day Skills Assessment process ensures that only candidates with the necessary skills, aptitude and personality are offered places on our APPFO course. If you achieve the required standard during SKILLS ASSESSMENT, you can safely apply for APPFO training with a high degree of confidence in your suitability for an airline pilot career.
2.
Skills Funding
Success during Skills Assessment does not just gain you the offer of an APPFO place. It also gives you access to the bespoke OAA & BBVA funding scheme, especially tailored to meet most of your training costs whilst freeing you of repayment concerns until you are established in your airline career.
3.
Skills Guarantee
No matter how comprehensive our Skills Assessment, there can be never be a 100% guarantee that every trainee will achieve the very high standards required during training. Skills Guarantee ensures that the risk of failure due to lack of ability, however slight, does not deter good quality individuals from deciding to embark upon the airline pilot training. As a self-funded trainee, Skills Guarantee means that your financial commitment from training failure is virtually free of risk. This guarantee from OAA means that we could potentially refund to you your training costs should you fail to reach the required standard at any stage during your ab-initio training due to lack of ability. Skills Guarantee is a unique and highly valuable guarantee from OAA and is a reflection of our faith in the quality of the Skills Assessment process itself and the APP FO training programme which follows
The below is a quote from the Oxford FAQ's relating to the JQ Cadet Programme o the Jetstar Website.
Will the OAA ‘Skills Protection Plan (SPP) guarantee apply to both the Jetstar APPFO Cadet Pilot and ACP Programmes?
Yes - OAA will apply full Skills Security guarantees to both courses of training.
I know what you are gonna say, this relates to lack of ability. So, if you are stressed because your Hard Earned is about to get flushed down the toilet your performance suffers and hence your ability!!
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The Kelpie