Oxford (OAT) 'Skills Assessment' or Selection

[link4]

Hi all,
Before i start i am aware of the thread about loans which i have carefully read, but my dilemma is slightly different....
I have a date set for the Selection process with OAT next month, however i have recieved a letter confirming this, and one of the requirements states that a property or a parental guarantee is needed in order to secure the loan
I'm 18 and hold a PPL, and like many other 18yr olds dont have a property as equity, and i dont however want to at all use my parents as a guarantee as its my dream not theirs, and i dont want to risk that. I hear a lot and have read myself on how OAT pride themselves of choosing candidates capable of being an Airline PIlot for their apititude and not if they have £50-60 at their disposal.
My question is hopefully if i get accepted in OAT for the APP, and i dont currently have a property and my parents are not in a situation to secure that amount of money, what will happen?
All help is greatly appreciated, thanks all

[BOZZATO]

Hi there Link!

The only financial assistance that HSBC could offer would be the unsecured loan which has a maximum limit of 25K!

I really don't know what else to suggest, have you spoke to your parents about the possibility of re mortgaging their house?

Sorry i'm not very much help

All the best and good luck with your assessment, you'll really enjoy it!

Regards

Bozzato

[porridge]

Some years ago there was a company based in the Netherlands that ran a similar scheme. They ran pilot selection tests and charged for them here in the UK. However, no-one in the UK managed to get 'selected'; it seemed that only Dutch nationals possessed the necessary abilities despite hundreds of local people parting with a fairly sizeable fee for the process. It turned out later that the bank providing the loans was a Dutch Bank and it was thus necessary to secure the loan against the candidates parents' property, Hence that was why no locals ever made the grade. It of course came to light, via PPRuNe of course, and the company (European Pilot Training and Selection, I think it was) had to stop their fairly lucrative little venture in the UK. It did not stop quite large number of Dutch nationals from getting jobs with UK carriers as they also had a cosy arrangement with CTC, so their clients would almost certainly get the nod from CTC via recommendations to the client airlines, that many say was skewed in the EPTS client’s favour. It also turned out the financial institution had certain guarantees from EPTS that the students would get a virtual 100% chance of getting a job at the end of the programme.
Now I don’t know a lot about the scheme from OATS that you are referring to, but I wouldn’t be surprised if it is run very much along the same philosophies.
Unfortunately as the lyrics of the famous ditty goes: “It’s the rich what gets the pleasure and the poor that gets the blame”.

[bishop99]

Skill Assessment

Hi all,

Im going for my oxford skills assessment on the 1st-2nd of Feb. I was wondering if any knew if a CV/portfolio of achievement was needed/helpful for the interview section???

Also wondering if anyone was going for theirs on the same dates? As i would be good to get to know some names, so breaking the ice on wednesday morning is a little easier.

Thanks Alot

James

[bishop99]

Grammar

Just realised a few mistakes, so before anyone says, i apoligise.

[adwjenk]

Hi

All i took with me to me OAT assesment was:
Log book to show flying experiance
GCSE and A/S level results as well as any other qualifications eg BTEC.
No CV required or personal statment if your one of the youngsters.
Also your class 1 medical if you have it and passport.

Thats all, it would not help in the interview cause them ask a set pattern oof questions which i can't remember what it is though sorry!
Also you give a 3minute talk about urself to the group on day 2 and they seem to get alot of personal information from that! The 3 min talk its about you, your background, carrer, hobbys etc....

Best of luck

[stue]

adwjenk has summed it up. Thats all i took with me to. You dont really need anything else. Just make sure that you are good at long division, multiplication etc. with out a calculator. You need to be quite quick at it. nothing that cant be brushed up on a cupple of days before though.

Good Luck!

[bishop99]

Cool cool, thanks for your help and advice.

James

[SP2006]

Oat ?

Just Wondering How You Went On At Oat Skills Test?

[bishop99]

Hi.

I passed my skills assesment thanks,hopefully going to OAT the 29th of Aug. But really enjoyed it, had a good laugh as well.

Cheers

James

[link4]

Pass OAT Assessment but fail loan criteria...

Just outa curiousity does anyone know what would happen in the event if one successfully passes the selection process, but is unable to get the full amount of the loan, but only the 25K unsecured, since oxford pride themselves on only recruiting cadets who have an aptitude to be a pilot, surely they will not turn one down will they? Thought just sprung to mind

All help appreciated thanks in advanced

[RVR800]

They would

You've got to be joking. They wont refuse your money whatever. They areent employing you. You are a paying customer.

[link4]

If what your saying is the case than thats brilliant, so your saying that they wouldnt turn down even if a parental guarantee or security on a property cannot b put in place?

[Blinkz]

rvr i think is missing the point. If you don't pass the selection then they won't let you in, but you will usually be allowed another chance to pass selection, depending that you fail. If you have already passed selection but cannot find a way to secure all the money then I'm afraid OAT ain't going to let you start. They are a company so don't give things out for free. They will give you all the advice they can about getting loans/saving money etc but in the end it is all down to you to find the money.

[mcgoo]

if ive read your post correctly, are you hoping that if you have the aptitude but not all the money oat will still train you, if so i think not!

[stue]

OAT doesnt lend anyone any money, HSBC does. As Blinkz said, they are a company, and are there to make money. Whos money you come to them with doesnt matter, but you have got to come to them with it all. Just because you have passed the selection doesnt mean you are guaranteed a place on a course, a cheque does.

I know it is unfortunate if you cant get the full loan and you need to but thats the way it works. You just need to drum up the cash. They may have some special cases though, you could always go and ask them?

Good luck though with it link4!

[Muddy Boots]

Am I right in reading this as you have 25K secured but thats it?

Why not go down the modular route and build up to your fATPL as you go, much cheaper?

Or why not go to one of the US schools like Riverside OK, Orlando Flight Training FL or UK Flight Training in Long Beach CA?

But one thing for sure, Oxford won't carry for the balance no matter how talented you are, I can't think of any school that would apart from the military!

[link4]

Thanks for the advice guys, i'll look into asking OAT about some advice regarding finance from HSBC

[just_go_to]

Without security the maximum you can get from HSBC is £25k. This info is directly from HSBC Oxford (OAT) and HSBC Milton-Keynes (Cabair).

The only way that I know to get an unsecured loan for an integrated course is by getting accepted onto one of the infrequent airline associated schemes that are run at OAT, FTE, and Cabair.

You could also look at the CTC Wings scheme.

[thomasa]

Oxford Skills Assessment 22nd - 23rd Feb

Am just wondering if any other Ppruners out there will be at the Oxford aviation assessment days (22nd-23rd) this week?
Regards
Alex T