Paying for FBO training

S

swiggins

New Member
Hi folks,

Now I know if you go to a program like Riddle, you can get student loans to fund training, but if you’re going through a FBO what are you/did you do? Pay out of pocket, use financing, cut off a arm and a leg and sell them on the black market
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lol. Just wondering what I should do if I decide not to go to / don’t get into a college program.

Thanks
Sterling
 
[ QUOTE ]
don’t get into a college program.

[/ QUOTE ]

I dont think you need to fear not getting into a program. With tech schools and the like just about anyone can.

I got my PPL at the FBO and payed out of pocket.
 
You can do the pay as you go thing like a lot of people do (the intrest rates are a lot lower), or some FBOs offer financing through Sallie Mae, Key Bank, Pilot Finance, etc. If you've got the equity, you can take out a home equity loan/line of credit. I think that might even help on your taxes.....
 
Thanks for the replys guys. I'm still looking into various options for training, including College programs (since i can get student loans) and FBO's , thinking of possibly doing ATP's program out of TTN .
 
Something I heard from a teacher the other day is that theres funding available for 2/3 of all students and most dont know it. I was one of them.
 
I'm doing the "pay as you go" method and I love it. If this is an option at the FBO you'd like to train at, I suggest you go for it. Most FBO's have a payment option like this, with a line of credit. With interest rates at around 1.25% a month, you really can't pass it up.
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