Financing Through A Career Development Loan

[stefair]

Hi Everyone,
I hold a FAA Private Pilot Certificate and am currently working on my JAA ATPL exams. Once that's done I want to go back to a US flight school to get my FAA SE IR and a JAA ME prior to converting the whole thing to a JAA ME/IR back in the UK and doing a regular course towards the JAA CPL. I was planning to finance the US bit by means of a Career Development Loan through Barclay's Bank but now learned that the bank will transfer the amount applied for directly into the school's account which I do not like at all as I feel I would loose control over those funds. And we all know the rule to not ever pay in advance in aviation. So I don't know, am I worrying too much or are my concerns legitimate? What do you guys think? Any thoughts in this? Any experiences? Thanks for your help in advance.

[davey147]

It depends which school you are going to. Is it a small cheap school? or a large established well known school.

[stefair]

It's a larger school in southern California providing both JAA and FAA training and according to them a registered learning provider approved by the British authorities.