Securing the funds to make your flying dreams happen takes planning and strategic thinking. There are a range of solutions for finding sources of financing, planning for your expected expenditures, and applying for scholarships that will help you on your way.
Learn to Fly: Securing the Funds to Fly
Key Takeaways:
- The cost of flight training varies significantly, ranging from $5,000-$15,000 for recreational pilot certificates to $50,000-$120,000 for professional piloting, with additional costs for advanced ratings or an aviation degree.
- Funding for pilot training can come from personal savings, household budgets, bank loans (personal or home equity), or specialized aviation education loans like Pilot Finance and AOPA.
- U.S. military veterans may qualify for funding through the Post-9/11 G.I. Bill, and various scholarships are available from fraternal/community organizations, aviation groups (e.g., EAA, Women in Aviation), and training organizations to help offset costs.
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