What help is available to help me fund my training?
The short answer to this is, unfortunately, not very much. Banks aren't usually willing to give loans for flying training, and unless you have cash saved up, there is usually no other way except asking for money from family, remortgaging houses, etc. However ... there is a solution!
Should I use finance?
This depends on your particular situation, however our advice would always be careful. Finance can be great if you can afford the repayments, however it should not be used if you cannot afford the finance in the first place! Make sure you do your research, and speak to a financial advisor if necessary.
How does Ravenair assist?
We assist in two ways:
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We don't require massive up-front payments like some schools do. We understand that most people won't have lots of cash lying around, and even if you did, we don't want to be responsible for it! Our courses only require you to pay for that course in full at the start of the course ... these amounts are usually small, and as courses are often completed over a matter of weeks, there is little risk. We also offer the popular "pay as you go" option for our PPL and LAPL courses (although this does cost you more than buying the package!).
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We have teamed up with Pilot Path, and Irish based company, who can offer additional mentoring and finance options. We are Pilot Path's exclusive UK partner, so you won't find this deal anywhere else!
What can Pilot Path offer?
PilotPath was setup in the COVID-19 pandemic by a number of ex-Ryanair management members. Their aim is to provide payment plans, financing, and mentoring to modular students. Find out more about PilotPath here.
We work with the Pilot Path team to enable students to take advantage of our great package deals, which can be paid for in monthly instalments. These are normally only available as upfront payments.
Through our partnership with Pilot Path, students can now access flexible finance options for any stage of their pilot training – from PPL to advanced modules. Offered through Humm Finance, this new solution allows you to spread the cost of your training with affordable monthly payments, making it easier to pursue your goals in aviation without the upfront financial pressure.
With PilotPath recently achieving their UK broker licence, they are the "go to" experts for financing flight training.