FAO Alexonaplane
Hi Alex
Whilst your points have some level of validity, so do everyone elses. BA are advertising this as a route into commercial aviation for those that can't afford the huge lump sum required, but it is by no stretch a free lunch. As much as it pains you now, take your current financial situation as a necessary evil, preventing you from applying this year. Given BA' plans, you still have 2 years/chances, so don't be disheartened. You could argue that BA's plans may change and they pull the plug, but in that instance you should be grateful you're not mid-training because if they stop the programme, chances are the guys at the end will not be offered employment.
Instead, take the opportunity to start tucking away money. BA are giving guys a chance to train via the integrated route with three of the biggest, but a quick search and you'll find many modular schools (we'll not get into that debate) offering frozen ATPL for about half the price. BA also need assurances you are motivated by your career choice; sure, anyone can say they want it and come across well in interview, but the guy who's saving hard and making sacrifices to self fund comes across better!
The above have mentioned the scheme holds additional costs like food, equipment, insurances etc (each FTO price varies slightly), items which aren't part of training, more your own life and items you'd be paying for regardless! Like I said, chin up, and take what seems a massive blow as a kick in the behind to start showing your motivation. If you apply next year with 12 months savings and get in, problem solved. If you don't get in, you're still sitting on 12 months savings and are a step closer to making a dream reality! Food for thought