Well it is possible, Gangsta, but hard work. These exams are not easy - I did them in 2000. However if you do decide to do distance learning you will have enough money to spare for some tuition in the areas you find difficult, so note my email address in my profile! I worked for SFT as a groundschool instructor before they went into administration. I now give private tuition, as can most of my former colleagues if you need help in areas where I am out of my depth.
However you do it, best of luck. It is worth it!!