Paragon Flight Training and Sallie Mae form a lending partnership to address financial barriers for aspiring pilots. [Courtesy: Paragon Flight Training]
Key Takeaways:
Paragon Flight Training has partnered with Sallie Mae to offer student loan financing, providing 100% funding for tuition and related fees to make flight training more accessible.
New legislation, the "One Big Beautiful Bill Act," now allows 529 education funds to be used for trade schools that grant certificates, expanding funding options for flight training programs like Paragon's.
These combined financing options aim to significantly increase accessibility to flight education, prevent students from interrupting their training due to financial constraints, and help address the ongoing pilot shortage.
Meg Godlewski has been an aviation journalist for more than 24 years and a CFI for more than 20 years. If she is not flying or teaching aviation, she is writing about it. Meg is a founding member of the Pilot Proficiency Center at EAA AirVenture and excels at the application of simulation technology to flatten the learning curve. Follow Meg on Twitter @2Lewski.