Financial Investment
GENERAL CONSIDERATIONS
The cost of flight training varies from school to school, nationwide. This is because fuel, maintenance, and airport expenses are factored into airplane rental rates and vary greatly. Additional factors affecting rental rates are based upon the type of training offered. For example, schools utilizing Part 141 curriculum will have greater expenses than those utilizing Part 61 curriculum due to the higher standards required of schools offering Part 141 training by the FAA. Furthermore, since a pilot certificate is issued on the basis of demonstrated proficiency rather than on hours (above minimum required by the FAA) accrued in an aircraft, cost for flight training will vary among individuals. Of course there are additional expenses for pilot supplies and equipment that also need to be considered as part of a total cost estimate. For a complete pricing estimate for your desired course of training, please contact our office to speak with one of our education advisors (253) 854-4960.
Comparing costs
When comparing cost estimates across schools it is important to avoid comparing apples and oranges. Many flight schools will provide a cost for training without the cost of fuel, certification fees, etc. At Northwest Aviation College, estimates include a "wet cost." This cost includes the cost of fuel, plane rental, instructor service, certification fees and ground school.
Do I have to pay for it all at once?
Many schools and academies require students to pay for their training in advance with no ability for a refund. However, at Northwest Aviation College, you can pay as you go.
Financial Aid Information
GI BILL and VETERAN BENEFITS - Auburn Flight Service is a recognized Montgomery GI Bill and VA approved 141 school. Our financial counselors will assist you with your personalized benefits program. Please call our office at 253-854-4960. For general GI Bill information call 1-800-GI-BILL1.
Other potenial sources to consider include the following:
- AOPA Flight Training Funds Program (Lending institution program)
- VA Funds under Chapters 30, 31, & 33 (Financing for Veterans)
- OBAP Scholarships (Organization of Black Airline Pilots)
- Ninety-nines Scholarships (Women Pilot's Aviation Organization)
- Washington Pilot's Association Scholarships
Northwest Aviation College does not endorse any of the lending instutions and strongly recommends that potential borrowers research the lending institutions and terms of the loans, so as to make an informed decision.
Our institution does not currently participate in any federal financial aid programs (Pell Grants, Stafford Loans, etc.). However, financial aid is available through the aforementioned institutions. Northwest Aviation College is however, in the process of acquiring authorization to offer these products, potentially as early as September 2009; so keep checking back!
