PPRuNe Forums - View Single Post - The CTC Wings (Cadets) Thread - Part 2.
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Old 25th Jul 2011, 21:56
  #3828 (permalink)  
Bealzebub
 
Join Date: Nov 1999
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im hoping to join with my ppl as that should hopefully be passed within 2months weather permitting which should save at least 10k
That is not how it works. The foundation course is not simply a PPL. In fact you dont actually get a PPL. It incorporates more than that. As such, previous experience might get you some credit towards the foundation course but it will not substitute for it. You will still be required to pay for the full course, with any possible credit being given at the end of that phase of the training.

The bank is BBVA, and it specialises in secured funding for flight training as one of its smaller divisions. It may offer funding with tailored packages allowing up front payment holidays, and partially deferred repayment periods. However the borowers or their guarantors need to be in excellent financial standing with security (property) that has a value of at least 30% more than the total sum borrowed plus any existing mortgages or charges.

Not everybody utilizes or qualifies for this type of funding.
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