AOPA Finance: The Aircraft Owners and Pilots Association (AOPA) is a membership organization and the world's largest general aviation community. The Flexible Aviation Loan is available to members of AOPA. The Association has a low introductory membership rate for student pilots – click here for details or contact AOPA Member Services at 800-872-2672. Once you become a member of AOPA, you may complete the online loan application .
Pilot Finance: This private lender offers loans specific to aviation training and is geared toward students looking to finance private or instrument training. For conditions, payment terms and additional information, please click here.
Veterans Benefits: American Winds Aviation is authorized by the U.S. Department of Veterans Affairs to offer eligible veterans student assistance through the following: Chapter 30–Montgomery GI Bill (MGIB) Chapter 33–Post 9/11 GI Bill Chapter 35–Survivors' and Dependents' Educational Assistance Program Chapter 1606–Montgomery GI Bill / Selected Reserves, (MGIB-SR) Chapter 1607–Reserve Educational Assistance Program, (REAP)
Students who qualify for assistance should contact the U.S. Department of Veterans Affairs or call 888-442-4551. Once a benefit package has been determined, contact American Winds' Financial Office Manager who will assist in applying for VA education benefits.
Scholarships: The aviation industry offers many scholarship opportunities for students pursuing flight training. The following are just a few resources available; please consult your school's academic advisor/guidance counselor for assistance with scholarships:
Aviation Scholarships (via CollegeScholarships.com)
Private Loans: Personal loans may be available through your bank or credit union.
Alternative Funding/Crowdfunding Sources: Crowdfunding is a means to raise small amounts of money from numerous contributors all over the world who are interested in helping an individual pay for college. There are legal requirements connected to the contract through a relatively new law called the Crowdfund Act.
The question of whether crowdfunding is right for you will depend upon the amount you expect to make, and your comfort level with the idea of hiring yourself out as "human capital." Before you jump in, carefully review the laws surrounding this type of funding. Do your research and make careful comparisons: To whom will you owe money? How much are you likely to have to pay out over how much time? Conduct your own research and make careful comparisons. The following are just a few of the many options available:
*Please note: Most of these financial aid options require the student to be a U.S. citizen or resident.
For more information on all your financial aid options, please contact our Financial Office Manager at firstname.lastname@example.org or 330-733-2500.