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Flight Training Financing

Flight Training is an investment in a personal goal or career path and we know that lending is an option many students wish to explore to help make flight training affordable.

 

 Summit Flight Academy is proud to be partnered with Flight Training Financing LLC to offer our students flexible flight training financing options.  We also work with students who have leveraged AOPA Flight Training Financing.  

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Information on each program is below.  If you have questions, please reach out and we will help you make an informed decision for both your training and financing needs.

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Flight Training Finance will help you get in the air with affordable financing options for your flight training.

 

Easy application process

Quick turnaround time

Get a FREE quote today

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Apply Online or call 800.667.0201

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Considerations with Flight Training Finance (FTF):

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  • Initial approvals are typically available for private or private + instrument training.  Additional loan funding for advanced training is often available to students with a solid payment history, successful training progress, and ability to support an increased debt and payment amount. There is not a fixed cap in the amount that can be loaned.

  • Rates are fixed.

  • FTF offers an option to earn back some of your interest charge with on time payments. See the FTF website for details.

  • No deferred payment is available. Payments begin 30 days after the training plan is executed. This means the borrower and/or their co-borrower must have a means to repay training while it is occurring.  

  • Those with limited credit experience or income often will need a co-signer.

  • Payment terms are directly tied to the frequency of your training and you will commit to a maximum number of lessons per week based on the payment term you select. 

  • Students will sign Training Reports to be submitted by Summit Flight for each lesson provided in order for your Summit Flight Academy account to be credited for charges incurred.

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Apply Online or call 800.431.2754

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Considerations with AOPA Financing:

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  • Loans are capped at $20,000.

  • No deferred payment is available and payments are $25/month per $1000 borrowed.  This means the borrower and/or their co-borrower must have a means to repay training while it is occurring.  

  • Those with limited credit experience or income often will need a co-signer.  

  • Rates are WSJ Prime + a fixed percentage based on credit score.

  • AOPA Membership is required.  

  • Summit Flight Academy is not affiliated with AOPA Flight Training Financing.  AOPA contracts with a third party to offer this financing. 

  • You will receive a check or debit card with which to pay Summit Flight Academy for your training.  If you choose to receive a check and pay in full via check when enrolling, you will be eligible for the pre-paid discount ($500).

  • AOPA financing does not require paperwork for each lesson in order to make funding available to credit your account.  

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