Backcountry Pilot • How to pay for the dream?!

How to pay for the dream?!

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How to pay for the dream?!

I keep getting students who want to go commercial but ask me where can they get the funds from.

Things were a little different when I did it.

Anyone have any fresh info for getting loans for a Cessna Pilot Center that is part 61/141??

THANKS

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NineThreeKilo offline
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Re: How to pay for the dream?!

If they don't already have a degree grants and loans for an online pro pilot degree. Embrey Riddle, UVU ect.
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Re: How to pay for the dream?!

Can that be done through any flight school?

So they just get a online degree from where ever and tack on the cost for a commercial through our school in the loan???
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Re: How to pay for the dream?!

I know of 3 people (would have been 4 counting myself if I would have used it) that used their GI Bill to make it happen.

4 years of your life exploring the world to make it happen is better than 10 years of loan payments imho.

Sorry if that's a bad answer for independent CFIs, but the good news is there are plenty of people like me that would rather just pay the money and make it happen at the local airport.
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Re: How to pay for the dream?!

NineThreeKilo wrote:Can that be done through any flight school?

So they just get a online degree from where ever and tack on the cost for a commercial through our school in the loan???



I'm most familiar with UVU because it's what I'm doing. The degree requires ratings private through CFI. Because the are required it's educational cost and larger grants and loans are available throughout the departments fin aid.
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Re: How to pay for the dream?!

madpilot wrote:
NineThreeKilo wrote:Can that be done through any flight school?

So they just get a online degree from where ever and tack on the cost for a commercial through our school in the loan???



I'm most familiar with UVU because it's what I'm doing. The degree requires ratings private through CFI. Because the are required it's educational cost and larger grants and loans are available throughout the departments fin aid.


But, you didn't answer the question: If you are applying for a degree at UVU, can you just go get flight instruction ANYWHERE (as in NOT at the college) and get college credit for it?

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Re: How to pay for the dream?!

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Re: How to pay for the dream?!

NineThreeKilo wrote:I keep getting students who want to go commercial but ask me where can they get the funds from.


Part time job? I have friends that are still paying off huge aviation degrees, I'd hate to recommend a loan for flight training to my enemy, let alone a friend. I'm sure most of us here did it the old fashion way, but I'm also aware of the soaring flight training costs. I don't envy anyone trying to become a professional pilot in these times.

With that said, the college that I attended was open to any flight school/FBO, part 61 or 141. As long as you had your commercial rating at the end of your senior year, you completed the flight training part of the degree. (Metro State College of Denver) I'm not sure if it's still that way though.
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Re: How to pay for the dream?!

Get a job working for the government. I did the fire department. There are many other branches to choose from. Sorry if this is not the answer you want to hear.

Regards...Rob
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Re: How to pay for the dream?!

This is an excellent subject, I have an interest in it as a father with a teenager who has the bug.

I wonder how one can encourage today's young people to become professional pilots and sleep at night. Really...what are we talking here...probably $100K student loan debt if that's the chosen route to go from private through ATP at a 141 school? Then live below the poverty line while enduring furloughs and layoffs at the regionals filling in as a flight instructor? Perhaps a corporate job sitting around at some FBO sleeping on the couch after the cabin is cleaned and the head swabbed? Then one little mistake...miss an altitude, turn the wrong way on a taxiway...get caught copping a few Z's...lip - off to an obnoxious TSA...think outside the flight manual...and the Feds are up your ass with a microscope and you lose your job.

Seems like the system is seriously flawed as too many pilots are willing to do it for nothing, and the airlines are taking advantage of that. Again, hard to encourage a youngster to take up the trade. From you guys that are doing it now (not you retired old timers who had it good...pretty stewardesses, good food...good pay...respect of your managers), what are the good points?

Thanks in advance,

gb
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Re: How to pay for the dream?!

Great info, thanks!

So UVU as in

http://www.uvu.edu/visitors/contact.html
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Re: How to pay for the dream?!

NineThreeKilo wrote:Great info, thanks!

So UVU as in

http://www.uvu.edu/visitors/contact.html

That's the one.
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Re: How to pay for the dream?!

I'm at the University of North Dakota. I like it, there are somethings that I would defiantly do differently though.

PM me if you want to talk.

Fly UND
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Re: How to pay for the dream?!

Hi,long time lurker that finally registered

Anyway for the last few months I've seriously thought about changing careers and chasing the pro pilot dream.While I'm sure it could be done,at 30 the thought of a 100k+ in debt is ludicrous.After some serious cost analysis and a reality check I decided to put it on the back burner(again)and just finish my ppl finally and buy a J 3 cub,t-craft,aeronca or a 140-170 etc and fly the living hell out of it debt free.With some luck,old fashioned hard work and networking maybe it'll still happen,if not at least I'll have a outlet from my day job and the resources to buy some floats =P~
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Re: How to pay for the dream?!

I'm right there with you Bob, except I already spent the $$$ on the ratings.

If you can, get you PPL, buy a little plane and build time. You'll learn more and have more fun doing it. Then you can decide if you want it as a career or a hobby.

GB, keep the little bugger motivated in flying to keep him motivated in school. Tell him if he gets good grades in HS, then he can get a full ride to college and only work two jobs in college to pay for flight training. That's what I did and it worked out great, (well, kinda - no pro pilot job).
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Re: How to pay for the dream?!

Bob wrote:Hi,long time lurker that finally registered

Anyway for the last few months I've seriously thought about changing careers and chasing the pro pilot dream.While I'm sure it could be done,at 30 the thought of a 100k+ in debt is ludicrous.After some serious cost analysis and a reality check I decided to put it on the back burner(again)and just finish my ppl finally and buy a J 3 cub,t-craft,aeronca or a 140-170 etc and fly the living hell out of it debt free.With some luck,old fashioned hard work and networking maybe it'll still happen,if not at least I'll have a outlet from my day job and the resources to buy some floats =P~


Bob, you have the right idea. That's what I did, still do, and intend to keep doing.
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Re: How to pay for the dream?!

RobBurson wrote:Get a job working for the government. I did the fire department. There are many other branches to choose from. Sorry if this is not the answer you want to hear.

Regards...Rob


Or, sell crack. :shock:

Kidding there, point being, do what it takes, for me, it (the desire to fly) helped my overall financial portfolio ( =D> ), meaning I really got my ass in gear so I could fly (and also have enough property for my own strip etc.) Now, close to 40 years later, it's like I planned it all out, and I gotta laugh when people see my setup and compliment me on my fore thought, not realizing it just kind of fell into place, due to my greedy desire to keep flying!
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Re: How to pay for the dream?!

It doesn't take $100 K in debt to get a college degree in aviation. It does some places, but not all.

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Re: How to pay for the dream?!

gbflyer wrote:This is an excellent subject, I have an interest in it as a father with a teenager who has the bug.

I wonder how one can encourage today's young people to become professional pilots and sleep at night. Really...what are we talking here...probably $100K student loan debt if that's the chosen route to go from private through ATP at a 141 school? Then live below the poverty line while enduring furloughs and layoffs at the regionals filling in as a flight instructor? Perhaps a corporate job sitting around at some FBO sleeping on the couch after the cabin is cleaned and the head swabbed? Then one little mistake...miss an altitude, turn the wrong way on a taxiway...get caught copping a few Z's...lip - off to an obnoxious TSA...think outside the flight manual...and the Feds are up your ass with a microscope and you lose your job.


Well a few comments,
One 100k is way high, 50k is more what you are talking about and that is Private-IFR-Commercial. The private to ATP is something scam schools offer. No pilot worth their salt would pay to get a ATP, this is something you earn by WORKING and building hrs.

The poverty line thing is true of all professions, lawyers, docs, janators, etc. It depends on how you go about things, if you dont mind going over seas (which is the reason I got into this, I have a fetish for traveling and having adventures lol) you can find plenty of contract gigs that pay well.

For the turning on the wrong taxiway, etc. Unless you suck the big one as a pilot you have nothing to worry about and I speak for many when I say I hope the pilots who are a danger to others are removed from the sky. Making a little mistake is not going to cost you your license, might get yelled at by ATC however unless you do something increadibly stupid, you'll be fine.

As for how to incurage young people to fly, take them up in the plane. I've taken guys up who are smiling for half a hr after they land. This flying stuff is like selling crack, doesnt take a rocket scientist, it's fun, not many people can do it and if you have some skills and can think outside the box you can make some $$ doing it.
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Re: How to pay for the dream?!

NineThreeKilo wrote:
gbflyer wrote:This is an excellent subject, I have an interest in it as a father with a teenager who has the bug.

I wonder how one can encourage today's young people to become professional pilots and sleep at night. Really...what are we talking here...probably $100K student loan debt if that's the chosen route to go from private through ATP at a 141 school? Then live below the poverty line while enduring furloughs and layoffs at the regionals filling in as a flight instructor? Perhaps a corporate job sitting around at some FBO sleeping on the couch after the cabin is cleaned and the head swabbed? Then one little mistake...miss an altitude, turn the wrong way on a taxiway...get caught copping a few Z's...lip - off to an obnoxious TSA...think outside the flight manual...and the Feds are up your ass with a microscope and you lose your job.


Well a few comments,
One 100k is way high, 50k is more what you are talking about and that is Private-IFR-Commercial. The private to ATP is something scam schools offer. No pilot worth their salt would pay to get a ATP, this is something you earn by WORKING and building hrs.

The poverty line thing is true of all professions, lawyers, docs, janators, etc. It depends on how you go about things, if you dont mind going over seas (which is the reason I got into this, I have a fetish for traveling and having adventures lol) you can find plenty of contract gigs that pay well.

For the turning on the wrong taxiway, etc. Unless you suck the big one as a pilot you have nothing to worry about and I speak for many when I say I hope the pilots who are a danger to others are removed from the sky. Making a little mistake is not going to cost you your license, might get yelled at by ATC however unless you do something increadibly stupid, you'll be fine.

As for how to incurage young people to fly, take them up in the plane. I've taken guys up who are smiling for half a hr after they land. This flying stuff is like selling crack, doesnt take a rocket scientist, it's fun, not many people can do it and if you have some skills and can think outside the box you can make some $$ doing it.




Side note about the degree, those things wont even get you on a public bus nowdays, not a factor

Also back on subject.

ANYONE have any details on the process of getting a loan through UVU nowdays???????

Thanks
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