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Financing Your Aviation Education & Training

Financial Aid

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 .


FMS Bank Pro Pilot II Loan:  Provides loans for eligible students to cover educational expenses such as: tuition, room & board and books.  Click here for loan overview, details on eligibility and required documentation. Application may also be completed on line through this portal.


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 BenefitsAmerican 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:

Air Line Pilots Association, International

AOPA 

Aviation Scholarships (via CollegeScholarships.com)

Aviation Scholarships & Grants 

EAA Scholarships

ECOPA Education & Safety Foundation, Inc.

General Aviation Manufacturer's Association

National Air Transportation Foundation Scholarships

National Business Aviation Association 

NGPA Education Fund

Ninety-Nines, Inc.


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:

Go Fund Me
Upstart 
Pave