• Tips and Tricks for Financing Your Flight Training | Let’s Learn to Fly

  • Oct 3 2022
  • Length: 27 mins
  • Podcast

Tips and Tricks for Financing Your Flight Training | Let’s Learn to Fly

Listen for free

View show details

  • Summary

  • If you've ever dreamed of becoming a private pilot, you know that the cost of flight training can be prohibitive. But don't let the expense stop you from achieving your goal! In this episode of Let's Learn to Fly, we'll share some tips and tricks for financing your flight training. We'll also provide a few ideas on how to reduce the overall cost of your training. So if you're eager to start flying, let's go! Links mentioned in this episode: Aviation Scholarships https://www.flightscholarship.info/ 61 FAQs answered about getting your private pilot certificate https://www.letsflyaz.com/private-pilot-faqs-free-guide/ *DISCLAIMER: I am not a financial advisor and this is not financial advice. I am someone with many many years of experience in higher education and helping people pay for the education needed to make their dreams come true. I also have my own experience getting screwed over by a flight school and I want to make sure the same thing doesn't happen to you! https://youtu.be/hecD5JKZRgw Research your options for flight training  Do your research - there are many different schools and programs to choose fromConsider your budget - how much can you afford to spend on flight training?Make sure the school offers a variety of courses and programs, so you can find the right one for youAsk around - see if anyone you know has any recommendations for flight schoolsCheck out the school's website and review its policies and proceduresSchedule a tour of the school, so you can get a feel for it before making a decision Calculate the cost of flight training and factor in other associated costs  What is the cost of flight training and what factors influence the final priceHow much does each hour of instruction cost, on averageWhat are some common additional expenses associated with flight trainingPacing of your training will influence how long it takes and thus the cost Save up money to cover the cost of flight training  Calculate how much money you will need to cover the cost of flight trainingSave up this money over time, so it's not a burden on you financiallyMake a budget and stick to it so you can reach your goal quickerCut back on unnecessary expenses and put the extra money towards your savingsFind creative ways to make more money, such as taking on extra jobs or selling unwanted items Stay in control of your money, don't buy blocks of flight time upfront Only buy the flight time you need, so you don't waste moneyPay as you go, so you have more control over your financesBe mindful of how much flight time you're using, so you don't get caught off guard by the costDiscounts or payment plansDon't be afraid to negotiate with the flight school on the price of trainingDon't let flight schools walk away with your money Apply for scholarships or grants to help pay for flight training  There are many different scholarships and grants available to help pay for flight trainingDo your research to find the ones that you're eligible forApplying for scholarships can be time-consuming, but it's worth it if you can get free money for flight trainingBe sure to meet all the requirements and follow the instructions carefullyDon't wait until the last minute to apply for scholarships - start early! Get a job at a flight school to offset the cost of training either as a flight instructor or working in another capacity Some flight schools offer discounts or payment plans for employeesWorking at a flight school can also give you a chance to get flight time at a discounted rateIt can be a great way to gain experience in the aviation industryKeep in mind that you may have to work long hours, on weekends, or holidays Use a loan to finance your flight training  You may be able to get a loan from the government or a private lender to help finance your flight trainingMake sure you understand the terms and conditions of the loan before you sign anythingBe aware of the interest rate and how much it wil...
    Show more Show less
activate_WEBCRO358_DT_T2
Show more Show less

What listeners say about Tips and Tricks for Financing Your Flight Training | Let’s Learn to Fly

Average customer ratings

Reviews - Please select the tabs below to change the source of reviews.

Audible.com reviews

Amazon reviews
No Reviews are Available