Faithful Guardian Aviation is working around the clock to help students secure financing for their flight training. Our Financing program was created by a financial institutions who recognizes the need for new pilots and is passionate about providing students a helpful financing solution. The program is available to qualified U.S. citizens and permanent residents. Qualified students are able to finance their flight training tuition plus additional funds for housing and living stipends up to an aggregate maximum of $100,000. Our programs also go beyond traditional lending. We know you just graduated high school and don’t have any credit so we look at your earning potential. We give credit to our military service men and women. We look at you as an individual and not just just a credit score. Talk to an Advisor today.
We know you are more than your credit score. We believe your past achievements are an important indicator of your potential. That’s why Meritize looks beyond FICO and uses your previous academic or military achievements to enhance your credit evaluation and potentially improve your loan options
- Checking loan options will not impact your credit score
- Pre-approval in minutes
- Loan Amount is 81,000 Training from Zero to MEI
- Competitive fixed and variable rates
- Ability to finance up to full tuition and, in some cases, cost of living
- Affordable payment options, including deferring payment until 3 months after you complete your training
- Interest rate deduction if you enroll in autopay**
- No pre-payment penalty
- Access to free Career Services
** The 0.25% AutoPay interest rate reduction applies if you make monthly principal and interest payments by an automatic monthly deduction from a savings or checking account. The benefit will discontinue and be lost for periods in which you do not pay by automatic deduction from a savings or checking account. AutoPay is not required to obtain a loan.
Stratus Financial was founded by FAA Certificated Flight and Ground Instructors passionate about helping others achieve their aviation dreams. They know it’s not just about achieving your dreams (because they looked up in the sky every time they heard an airplane, too!), but funding your family’s dreams as well.
With Stratus, you’re not just a number. They look beyond the typical credit scores and see you as an aviator.
- Their goal is to set you up for success before you even apply with them. Stratus lending packages include:
- A great rate to take you from zero to MEI
- Full financing for your entire flight training and more
- Affordable payment options, including deferment for 12 months while you complete your training AND find a job
- And, you can pay off your loan any time you want with no consequences or penalties whatsoever.
Stratus also provides resources for your aviation career:
- Counseling with their team of flight and ground instructors to support you through flight training, check rides and even interviews with airlines
- Resume reviewing, editing, and building
- AMA phone calls with pilots in the 121 and 135 industry
The process is simple, and you can get started now. If you have limited credit or low income, you may need a co-borrower to apply with you.
Students who enroll in the Pilot Pathway Program can also choose to follow a cash payment plan for training that offers an attractive path for those who can’t or don’t want to use our lending partners or have alternative sources of funding available to them.
Cash payment schedules, amount and timing of payments will depend on your program and can be designed with your Enrollment Advisor.
Flight Training
Find out how your VA education benefits can help pay for flight training to advance your pilot qualifications.
Can I use the GI Bill to pay for flight training?
You may be eligible for flight training benefits if you meet all of the requirements listed below.
All of these must be true. You:
• Qualify for the Post-9/11 GI Bill or Montgomery GI Bill, and
• Have a private pilot’s license, and
• Have a second-class medical certificate valid for second-class privileges—or a first-class medical certificate if you want to pursue the Airline Transport Pilot (ATP) certificate
Note: You can’t qualify for flight training benefits through Survivors’ and Dependents’ Educational Assistance (DEA)
What benefits can I get?
This depends on the VA benefit program you use and other factors.
If you use the Montgomery GI Bill Active Duty (MGIB-AD)
We’ll pay you back for 60% of the approved fees your flight school charges.
Learn about MGIB-AD
View the current payment rates for MGIB-AD
If you use the Post-9/11 GI Bill
your payment depends on 3 factors:
• Your level of eligibility (you’re eligible for a certain percent of benefits up to 100% based on how long you served on active duty after September 10, 2001), and
• How much entitlement you have left for school or training under the Post-9/11 GI Bill, and
• The program and type of school you’re enrolled in
If you’re enrolled in:
• A degree program that consists of flight training at a public college or university, we’ll pay for up to the full in-state cost of tuition and fees (depending on your level of eligibility and remaining entitlement). You may also receive a monthly housing allowance and money to help buy books and supplies.
• A degree program that consists of flight training at a private college or university, we’ll pay for the net cost of tuition and fees up to a yearly limit (depending on your level of eligibility and remaining entitlement). You may also receive a housing allowance and money to help buy books and supplies. You can also apply for additional funds to cover tuition and fees above the yearly limit through the Yellow Ribbon Program.
Learn more about the Yellow Ribbon Program
• A vocational program at a stand-alone Part 141 pilot school, we’ll pay for the net cost of training up to a yearly limit (depending on your level of eligibility and remaining entitlement). You won’t be eligible for a housing allowance or money to help buy books and supplies.
Find out if you’re eligible for the Post-9/11 GI Bill
Check the status of your Post-9/11 GI Bill benefits
View the current payment rates for the Post-9/11 GI Bill
What kinds of qualifications can I get through flight training?
You can get qualifications, including:
• Rotary wing
• B747-400
• Dual engine
• Flight engineer
• Commercial Pilot
Students who enroll in any program at Faithful Guardian Aviation can take advantage of our in-house financing. You can finance just a single rating or go all the way to Multi Engine Instructor. Interest Rates vary from 8 percent to 22 percent depending on your credit profile. Credit scores as low as 560 is accepted. This option does not have a deferment period but is great for those not able to qualify for our other financing programs.