Student Loan for pilot training?
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Join Date: Aug 2015
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Student Loan for pilot training?
Hi to everyone, as too many people here I also want to become a pilot but the expensive cost is a problem. For this reason I looked for a way to do it and I've discovered that too many students in the UK request a student loan. As far as I know, the goverment give you up to 9.000 pounds per year and when you find a job then you start paying a little parcentage per month.
So, anyone knows if you can request that loan for become a pilot? It's just for university degrees? In that case, if you study an Air Transport Pilot degree like in the Buks university, could you request it?
Thank you and sorry for my english level
So, anyone knows if you can request that loan for become a pilot? It's just for university degrees? In that case, if you study an Air Transport Pilot degree like in the Buks university, could you request it?
Thank you and sorry for my english level
Join Date: Aug 2015
Location: Lincolnshire, UK
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Hey, I recently got accepted onto the university course at Bucks New Uni adn unfortunately it's not exactly how you think it is.
From Student Finance, you get a loan of £9,000 a year for 3 years, in total £27,000. £19,500 of this goes to the University.
In the first year the entire £9k goes to the uni AND you have to pay ~£10,000 extra to obtain your PPL.
In the second, £1.5k goes to the uni, and the rest goes to your chosen FTO, and then you pay the extra tens of thousands for your ATPL.
In the third, the £9k will all go to the uni again.
As for just getting the loan and going straight into training, nope. Student Finance (AFAIK) only applies to university courses. Period.
From Student Finance, you get a loan of £9,000 a year for 3 years, in total £27,000. £19,500 of this goes to the University.
In the first year the entire £9k goes to the uni AND you have to pay ~£10,000 extra to obtain your PPL.
In the second, £1.5k goes to the uni, and the rest goes to your chosen FTO, and then you pay the extra tens of thousands for your ATPL.
In the third, the £9k will all go to the uni again.
As for just getting the loan and going straight into training, nope. Student Finance (AFAIK) only applies to university courses. Period.
Join Date: Nov 2012
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You an apply for a professional and career development loans
You can get upto £10,000 with it which can be used to fund your flying.
https://www.gov.uk/career-development-loans/overview
You can get upto £10,000 with it which can be used to fund your flying.
https://www.gov.uk/career-development-loans/overview