Assessment or Medical
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£66,000 for course
£5,000 exam fees
Between £10,000 - £15,000 on accommodation and food depending how greedy and where you stay.
There is a funding presentation at skills assessment giving you a good idea of what your expenses will be, however I had worked out how much I needed to save a long time before this!
£5,000 exam fees
Between £10,000 - £15,000 on accommodation and food depending how greedy and where you stay.
There is a funding presentation at skills assessment giving you a good idea of what your expenses will be, however I had worked out how much I needed to save a long time before this!
Join Date: Nov 2008
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What is it with this assumption that "Mum and Dad" are always the ones paying for integrated?
Relatively small percentage it actually applies to.
markieboy1234: Good luck - I'm starting there in January...
chrisy08: I did medical first, then assessment, but then I was pretty determined to fly no matter what (except of course if it turned out I was utterly s**t at flying
).
If the assessment is the be-all-and-end-all (which I don't think it is in your case) then assessment first, but otherwise for the reasons that Whirlygig gave, medical first I'd say!
FF
Relatively small percentage it actually applies to.
markieboy1234: Good luck - I'm starting there in January...
chrisy08: I did medical first, then assessment, but then I was pretty determined to fly no matter what (except of course if it turned out I was utterly s**t at flying
). If the assessment is the be-all-and-end-all (which I don't think it is in your case) then assessment first, but otherwise for the reasons that Whirlygig gave, medical first I'd say!
FF
Hovering AND talking
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What is it with this assumption that "Mum and Dad" are always the ones paying for integrated?
Relatively small percentage it actually applies to.
Relatively small percentage it actually applies to.
Cheers
Whirls
Join Date: Sep 2007
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Large inheritance......now there's an idea, wish I had thought of that several years ago, bit late at 39 with a job
.
Never mind I could still grease the top step of my parents staircase.
Now where did I leave the floor polish
.Never mind I could still grease the top step of my parents staircase.
Now where did I leave the floor polish
Thread Starter
Join Date: May 2008
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You know what its not always mum and dad. There is alot of help and assistance out there to help you with the course costs!!
Thanks people who are actually being helpful
Thanks people who are actually being helpful
Hovering AND talking
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There is alot of help and assistance out there to help you with the course costs!!
Why not share with other wannabees what help and assistance is available? Which banks perhaps that are giving unsecured loans to 18 year olds? Any other schemes around that people may not be aware of? Not for my benefit of course.
Cheers
Whirls
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BBVA AGREES TO FUND CABAIR STUDENTS
We are all well aware that funding your training is the fundamental hurdle to tackle when planning your airline career. Cabair College of Air Training are delighted to announce that we have secured access to funding for the First Officer Direct Integrated course from BBVA.
BBVA is a global group that offers individual and corporate customers the most complete range of financial and non-financial products and services. It enjoys a solid leadership position in the Spanish market, where it first began its activities over 150 years ago.
It also has a leading franchise in South America; it is the largest financial institution in Mexico; one of the 25 largest banks in the United States in terms of assets and one of the few large intrernational groups operating in China. BBVA employs 112,000 people in over 30 countries around the world, has more than 47 million customers and 890,000 shareholders.
On successful completion of our Pilot Assessment, you will be given details of how to apply to BBVA. They will consider funding the full course fee, living expenses over the period of the course, and a contingency fund for a type conversion course, if required.
Every application is considered on an individual basis, and the bank will try to be flexible regarding security for the loan. There is an 18 month repayment free window, which covers the training period, with a few months extra, to allow you to get a job start earning again before commencing the repayments.
Little something from Cabair website about funding help just thought i'd mention it
We are all well aware that funding your training is the fundamental hurdle to tackle when planning your airline career. Cabair College of Air Training are delighted to announce that we have secured access to funding for the First Officer Direct Integrated course from BBVA.
BBVA is a global group that offers individual and corporate customers the most complete range of financial and non-financial products and services. It enjoys a solid leadership position in the Spanish market, where it first began its activities over 150 years ago.
It also has a leading franchise in South America; it is the largest financial institution in Mexico; one of the 25 largest banks in the United States in terms of assets and one of the few large intrernational groups operating in China. BBVA employs 112,000 people in over 30 countries around the world, has more than 47 million customers and 890,000 shareholders.
On successful completion of our Pilot Assessment, you will be given details of how to apply to BBVA. They will consider funding the full course fee, living expenses over the period of the course, and a contingency fund for a type conversion course, if required.
Every application is considered on an individual basis, and the bank will try to be flexible regarding security for the loan. There is an 18 month repayment free window, which covers the training period, with a few months extra, to allow you to get a job start earning again before commencing the repayments.
Little something from Cabair website about funding help just thought i'd mention it
Hovering AND talking
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and the bank will try to be flexible regarding security for the loan.
Cheers
Whirls
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Clearly your going to read terms and conditions but at the end of the day its proven there is help and you clearly can't face the fact you were wrong so had to pick a point... Most people cant afford the payments of the courses so there needs to be help out there...
So have you been a pilot before then?
C
So have you been a pilot before then?
C
Hovering AND talking
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So have you been a pilot before then?
Cheers
Whirls
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I totally agree with wirlywig, your gonna have to secure the loan against your parents house. There is funding available yehh but with no gurantee of a job and a huge loan secured against a house you dont actually own.personally i wouldnt do that not that my parents would let me secure 70 - 80 K against the house anyway.
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Well im glad you are looking out for us as you are more mature and have years more experience in the field than us youngsters.
Kiev23, yes it is a huge loan with no garentee of employment straight away, but why does everyone keep mentioning parents home.. thats not the only way to secure it.
Thanks
C
Kiev23, yes it is a huge loan with no garentee of employment straight away, but why does everyone keep mentioning parents home.. thats not the only way to secure it.
Thanks
C
Hovering AND talking
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but why does everyone keep mentioning parents home.. thats not the only way to secure it.
Therefore, if you do not own your own property, then the security must be someone else's and the only people who are likely to put their own property on the line for someone to train as a pilot, will be family.
In all my years of dealing with banks (for a living), I am not aware of any circumstance in which a bank would lend to an 18 year old with no job without parental guarantees. Gee, even to rent a flat, you'll probably need parental guarantees.
If you know any better, please don't be coy - share it with us. I am more than happy to be proved wrong if there's a scenario I've overlooked.
Cheers
Whirls
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Everybody mentioning parents house becasue a boy/girl at 18-19 straight out of high school doesnt even OWN a pair of underwear! Your parents bought it for you.
You boys/girls seems to talk very "lightly" about HUGE money such as 80K and its beacuse you have no clue about real value of money.
You boys/girls seems to talk very "lightly" about HUGE money such as 80K and its beacuse you have no clue about real value of money.
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its beacuse you have no clue about real value of money
I'm not the oldest person on these forums but I can handle money and comprehend its associated risks. I havn't got a spare £70k lying around and in fact no one I know does. I've been lucky and I've been unlucky when it comes to funding my training but all my efforts are aimed at reducing the risk.
Any form of training is about calculating risk and none more so than the good old "Integrated or Modular" debate (and nowadays the "MPL or fATPL" debate).
I suppose at the end of the day it depends upon your circumstances, the economic situation, your attitude and the attitude of those supporting you and from whom you have taken advice, how much of that advice you have actually listened to and your personal opinion.
I deplore any implication that anyone doing an integrated course therefore must be minted, must have rich parents and hasn't research the industry or even doesn't clearly understand the idea of a £40/50/60/70/80k loan.
FF
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hi
i have my class 1 medical booked for the 15th. im not sure where everybody is getting their figures from? i paid £330 for the class one initial. you only pay more if you need further investigation.
i have my class 1 medical booked for the 15th. im not sure where everybody is getting their figures from? i paid £330 for the class one initial. you only pay more if you need further investigation.
Hovering AND talking
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Originally Posted by FlapsFive
I deplore any implication that anyone doing an integrated course therefore must be minted, must have rich parents and hasn't research the industry or even doesn't clearly understand the idea of a £40/50/60/70/80k loan.
Flaps, if you're 18, as I said to Chris, why not tell us how you'd have funded an integrated course without financial assistance from your family. If you're not 18, then the implications don't apply!
Destinationsky - looks like the costs have, miraculously gone because the fee was definitely £370 a couple fo years ago.
Cheers
Whirls