Flybe is a good place to be in today's environment, and fair play to them for undertaking ab-initio schemes. It can also be tough work with a high performance and challenging aircraft. Not so fair play for not negotiating any discounts on training for the cadets, but that is another story.
As CW points, it can't be done on a 100% loan, but that's actually very good. Gain some employment first and then you can actually appreciate how hard it is to earn tens of thousand after tax and living is paid!