Putting Flight School within Reach
Summit Flight Academy offers financing options through partnerships with Stratus Financial, Flight Training Financing LLC, and AOPA Flight Training Financing. These financing options make flight training affordable whether you're pursuing a pilot career or a personal goal. Our team guides you to the best financing choice for your training and budget needs. Don't let costs hold you back - invest in your aviation goals through our financing partners. Apply online to get started or contact us for further inquiries.
Finance with Stratus Financial
Leverage financial support here
Stratus Financial was founded by FAA Certificated Flight and Ground Instructors passionate about helping others achieve their aviation dreams.
Student Requirements
- Must be a US Citizen or Permanent Resident*
- Paystubs for the past two (2) months
- Bank Statements for the past two (2) months
- Driver's License
- Name & contact number of employer (for employee verification)
- 1st or 2nd class Medical Certificate
- Co-borrower Recommended
- Pilot Certificate, if applicable
- Subject to Credit Check and Underwriting
*If non-US citizen, TSA verification is required.
Loan Process
- Application
- Processing
- Underwriting
- Approval
- Funding
- Pilot Training
Stratus Financial
Frequently asked questions
What funding is available from Stratus Financing?
Stratus offers everything from full careertrack financing to financing for your next certificate orrating. Packages can include everything you need fromsupplies, checkride fees, etc.
Are rates variable or fixed?
Stratus offers a variety of financing optionsto meet your needs. When conditionally approved, you'll beoffered multiple options.
Is deferred payment available? When does repayment begin?
One of the best benefits of Stratus Financingis the ability to defer payments while in training, ifdesired. Stratus also offers the ability to pay interestonly while building your time to ATP minimums.
Do I need a co-signer?
Possibly. If you don't have assets to coveryour loan and/or employment to cover the payments, often aco-signer will make it possible for Stratus to approve aloan for you. Once you apply, Stratus will review yourapplication and advise of the need for a co-signer.
What are the repayment terms?
Stratus offers a variety of repayment terms.They will be offered to you upon conditional approval.Options include various repayment schedules, fixed orvariable rates, etc.
How does my training get funded?
Stratus works directly with partner flightschools to provide funding directly into your trainingaccount. Flight schools agree to return unused funds inorder to minimize your debt obligation.