Finance your Flight Training
Although $50,000 to $95,000 is considered a huge amount of money, as an entry to one of the most lucrative and exciting careers out there (with salaries topping out above $400,000 per year), it is a small price to pay towards the investment to change your life. Compared to University Degrees costing hundreds of thousands of Dollars that will let you have far lower income caps, this truly is hard to beat.
Race City Flight Operations students will often pay out of savings, or have a parent/relative put up the money as a loan. Sometimes, a family may try to finance by getting a Home Equity Line of Credit (HELOC).
We are excited to be able to offer a competitive option, by partnering with Stratus Finance. Of course, all loans come at a price, but when you consider the career income, it can be worth it. The Race City Flight Operations Course cost is STILL lower than many of our competitors, EVEN WITH loan expenses.
Financing Available in partnership with Stratus Financial
LOAN SECURED AGAINST INCOME, USE A CO-BORROWER
Income is required to qualify for most loans, so full-time students should apply with a Co-Borrower who has good credit and an income during training (such as a parent or spouse/partner)
FINANCE THE WHOLE PROGRAM
With Stratus Financial you can finance the entire course, all of tests/checkrides, supplies-EVERYTHING.
REASONABLE RATES
Rates depend on credit and can be up to 14.99% with an origination fee. Option to pay only interest for the first 2 years while working as a CFI (IO: Interest Only).
10 and 15 YEAR TERMS
5 term options available.
We offer 4 packages to our students. These will get you flying and having an income in as little 6 months!
| Bronze Package | Silver Package | Gold Package | Platinum Package | |||
| Guaranteed 250 Hrs | Guaranteed 265 Hrs (15 Multi) |
Guaranteed 300 Hrs (15 Multi) |
Guaranteed 300 Hours (25 Multi) |
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| Private Pilot | Private Pilot | Private Pilot | Private Pilot | |||
| Instrument Pilot | Instrument Pilot | Instrument Pilot | Instrument Pilot | |||
| Commercial – Single Engine | Commercial – Single Engine | Commercial – Single Engine | Commercial – Single Engine | |||
| Kits (3) | Commercial – Multi Engine | Commercial – Multi Engine | Commercial – Multi Engine | |||
| Checkride (1) | Kits (3) | CFI – Single Engine | CFI – Single Engine | |||
| Written Test (3) | Checkride (4) | CFI – Muli Engine | CFI – Muli Engine | |||
| Written Test (3) | CFI – Instruments | CFI – Instruments | ||||
| Headset / IPAD | Kits (3) | Books | ||||
| Written Test (6) | Kits (3) | |||||
| Headset / IPAD | Checkrides (7) | |||||
| Written Test (6) | ||||||
| Headset / IPAD | ||||||
| $59,000 | $73,000 | $84,000 | $93,000 |
Loan Payment Option Program:
| Loan Option #1 | Loan Option #2 | Loan Option #3 | Loan Option #4 | Loan Option #5 | |
| Type | Variable | Variable | Variable | Variable | Fixed |
| Maturity | 15 Year Term | 15 Year Term | 15 Year Term | 10 Year Term | 15 Year Term |
| Program | 1 year Deferred
1 year I/O 13 Year Amortized |
2 year I/o
13 Year Amortized |
15 Year Fully Amortized | 1 year I/O
9 Year Fully Am |
15 Year Fully Am |
Here are some example monthly payments for each term.
