Hello,
I was just wondering what the policy at your FBO or college is regarding refunds for unused flight hours.
For example,
At my college we prepay the expected cost of the flight curriculum. As you fly, money is deducted from your account. I ended up finishing ahead of schedule and had about $1000 left in my account at the end. According to the school, I am only refunded for variable costs that I did not use such as fuel and maintenance. As a result, I am only getting refunded $400.
I think this is pretty much robbery but I just wanted to know if it is something most places do.
Thanks for you help and sorry for annoying you about this!
I was just wondering what the policy at your FBO or college is regarding refunds for unused flight hours.
For example,
At my college we prepay the expected cost of the flight curriculum. As you fly, money is deducted from your account. I ended up finishing ahead of schedule and had about $1000 left in my account at the end. According to the school, I am only refunded for variable costs that I did not use such as fuel and maintenance. As a result, I am only getting refunded $400.
I think this is pretty much robbery but I just wanted to know if it is something most places do.
Thanks for you help and sorry for annoying you about this!