Best Flight Training Loans In 2023 - ActivePILOT Academy

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Flight Training Loan & Financial Aid

Secure Your Flight Training Loans with Flexible Financing Options

Dreaming of soaring through the skies as a skilled pilot? At ActivePILOT Flight Academy, we're dedicated to making your dreams a reality. However, we understand that funding flight training can be a challenge. That's why we've partnered with Stratus Financial—to offer you flexible financial solutions. With these options, you can obtain flight training loans and embark on your journey toward becoming a licensed pilot.

Need Information?

Stratus Financial

Recommended

Stratus Financial understands that aviation education can be a significant investment. Their flight training loan program empowers you to pursue your passion without worrying about upfront costs. With the ability to finance various training expenses, Stratus Financial paves the way for you to excel in your pilot training journey.

6 Amazing Loan Options

Loan Option 1

15-year total term
Variable Rate
1-year Deferred Payments
1-year Interest Only
13-year Principal/Interest

Loan Option 2

15-year total term
Variable Rate
2-year Interest Only
13-year Principal/Interest

Loan Option 3

15-year total term
Variable Rate
15-year Principal/Interest

Loan Option 4

15-year total term
Variable Rate
1-year Interest Only
9-year Principal/Interest

Loan Option 5

15-year total term
Fixed Rate
15-year Principal/Interest

Loan Option 6

6-year total term
Variable Rate
6-year Principal/Interest

Application Requirements

Borrower Related

Signed
Private Student
Loan Application
(online link)
- Signed Credit Report Authorization Form (online link combined above)
- Signed Loan Application and Solicitation Disclosure Form (online link combined above)
Copy of Driver’s License
Copy of Passport or US Citizenship or Proof of Residency
Bank Statement for the past 60 days
2 months of pay stubs

Co-Borrower Documents (if applicable)

Signed Loan Application (online link)
- Signed Credit Report Authorization (online link combined above)
- Signed Loan Application and Solicitation Disclosure Form (online link combined above)
Copy of Driver’s License
Copy of Passport or US Citizenship or Proof of Residency
Bank Statement for the past 60 days
2 months of pay stubs

School Related

School Approval for Private Student Loan

Pilot Related

Copy of Medical Certificate (First or Second Class Only)
Student or Current Pilot’s Certificate

UMPQUA Bank

Alternative Loan Option

UMPQUA Bank understands the importance of education and career development, especially in the field of aviation. Their flight training loan program is tailored to support aspiring pilots like you. With competitive interest rates and personalized repayment plans, UMPQUA Bank ensures that financing your flight training doesn't burden you financially.

Advantages

Competitive Interest Rates: UMPQUA Bank offers attractive interest rates to help you manage the cost of flight training.
Personalized Repayment Plans: Customize your repayment schedule based on your financial situation, making it easier to manage loan payments while focusing on your training.
Transparent Process: UMPQUA Bank provides clear terms and conditions, ensuring you have a comprehensive understanding of your loan agreement.

Point of Contact

Anna Hovnanyan
Vice President Community Manager at Umpqua Bank

Email: AnnaHovnanyan@UmpquaBank.com

AOPA Finance

Alternative Loan Option

AOPA Finance specializes in aviation financing, understanding the unique needs of aspiring pilots. Their flight training loan program is designed to ease the financial strain while you concentrate on honing your aviation skills. With easy application processes and flexible repayment options, AOPA Finance streamlines your journey to becoming a pilot.

Advantages

Do you want affordable?

Private pilot's license for as little as $150-300 a month*
Instrument rating for as little as $175 a month*
Multi rating for as little as $75 a month*

Their flight training loan is not a typical student loan. It is a line of credit that can be used for any flight training school or program. You can use the funds to pay the school directly as you make your way from private pilot to instrument pilot and beyond.

Requirements

Before you get started here’s a list of things you will need to complete the application process:

Complete street address, phone number and email address
Social Security Number
Copy of valid ID and proof of income (paystub, W-2 or signed tax returns)

Start with an Introductory Flight

Get your first experience of taking off, flying, and landing an airplane with a certified flight instructor by your side. Later, meet the team and current students to ask all the questions you have about becoming a pilot.

Start with a Virtual Consultation

Our Zoom consultations are the most convenient way of answering all your questions about starting your flight training to becoming a pilot. Zoom consultations are free of charge, but we require advance scheduling.