Alternative Financing Options
Here are some additional funding options for Flex Air flight training.
Apply to as many loans as you wish and pick the best one for your needs.
PenFed Credit Union
- PenFed Credit Union membership is open to anyone.
- Personal loan limit is up to $50,000.
Wings Credit Union
- Paid in a single disbursement; offers a fixed rate and a predictable monthly payment.
- 48-, 60-, and 72-month terms available.
- Membership with a $5 Share Account required.
AOPA Aviation Finance
- Maximum loan amount: $20,000
- 7 year maximum to repay, payments begin as soon as funds are disbursed
- Inquire online or by calling 1-800 -627-5263
We Florida Financial (WeFly)
- First of all, you must be Florida resident or a member with AOPA.
- You can borrow up to $30,000.
- There is a 6-year repayment term.
- Inquire online or by calling 954-745-2400.
American Airlines Credit Education Loan
- Must be an eligible member of American Airlines Credit Union
- American Airlines or air carrier industry employees and their families are eligible.
- Can borrow up to $40,000.
- Repayment up to 10 years, payments begin as soon as funds are disbursed through the credit union.
- Call 1-800-533-0035
BECU - Boeing Employee Credit Union
- Formerly the Boeing Employees Credit Union, now a non-profit and open to everyone!
- Personal loan limit of $30,000
- Disbursed as one lump sum, payments begin immediately.
Navy Federal Credit Union
Navy Federal Credit Union is open to military-affiliated members. Their personal loan limit is up to $50,000.
USAA
Alaska Supplemental Education Loan (ASEL)
These loans are open to Alaskan residents or someone training in Alaska. Also, you must be a U.S. citizen or eligible non-citizen.
Alaska Family Education Loan (FEL)
- You must be an Alaska resident.
- Loan limit of $10,000 per year
- Aggregate limit of $56,000
- Repayment term: 10 years
- Students/Family members click here to apply or call 1-800-441-2962
Are scholarships available for flight school?
YES!
There are numerous organizations that offer scholarships to student pilots. Most scholarship money does not get awarded each year due to a lack of applications. This is especially true for local community scholarships. For instance, service organizations such as Rotary, Lions Club, etc. may offer financial support. Some employers offer scholarships and tuition reimbursement programs. Smart students take the time and diligence to use scholarships for part of their tuition, then use student loans for the remainder.
Our FREE scholarships guide is updated monthly.
Talk with a Flex Air Mentor About Financing
Your first step into the exciting world of aviation is a conversation with one of our training advisors. We are happy to answer your questions and help chart a course for your goals in aviation.