Flight training finance - How to pay for the best training for your airline or career in aviation

On your path towards becoming an airline pilot, Race City Flight Operations is your best choice in flight training. Making this decision also comes with questions about how to pay for flight training. Financing your flight training is a great way to get the funds and be able to pay it back over time once you’re making the airline salary! Although $50,000 or $95,000 is a huge amount of money, as an entry to one of the most lucrative and exciting careers out there, it is a small price to pay towards the investment to change your life. We’re not making this up-airline captains are making above $400,000 a year to fly these big airplanes all over the world, taking passengers or cargo on their next journey. When you compare this to a University degree, which are lower income caps, and most of the degrees prepare you for a career behind a desk, financing your aviation flight training and commercial pilot dreams are truly hard to beat. 

For those of us that can’t pay out of pocket after each lesson, or don’t have a mountain of cash waiting to be deposited towards flight training, financing is a great option. Our financing options have been feedback based, if our students don’t like the options we take them off of our list. If students want more options, we work hard to ensure you get what you’re looking for. Being a commercial pilot, you’ll start earning the money to pay back all of the financing that got you there. Don’t hesitate to reach out to our friendly folks if there are questions or if you’re wondering what to do. 

We offer 4 packages to our students.

These will get you flying and having an income in as little 6 months!

Bronze Package

Guaranteed 250 Hrs
$ 59,000 Life Time
  • Private Pilot
  • Instrument Pilot
  • Commercial – Single Engine
  • Kits (3)
  • Checkride (1)
  • Written Test (3)
Questions?

Silver Package

Guaranteed 265 Hrs (15 Multi)
$ 73,000 Life Time
  • Private Pilot
  • Instrument Pilot
  • Commercial – Single Engine
  • Commercial – Multi Engine
  • Kits (3)
  • Checkride (4)
  • Written Test (3)
Questions?

Gold Package

Guaranteed 300 Hrs (15 Multi)
$ 84,000 Life Time
  • Private Pilot
  • Instrument Pilot
  • Commercial – Single Engine
  • Commercial – Multi Engine
  • CFI – Single Engine
  • CFI – Instruments
  • Kits (3)
  • Written Test (5)
Questions?

Platinum Package

Guaranteed 300 Hours (25 Multi)
$ 93,000 Life Time
  • Private Pilot
  • Instrument Pilot
  • Commercial – Single Engine
  • Commercial – Multi Engine
  • CFI – Single Engine
  • CFI – Instruments
  • Books
  • Kits (3)
  • Checkride (6)
  • Written Test (5)
Questions?

Custom Package

  • We’ll make a package that’s right for you and your goals
Questions?

Our Partners

We have partnered with the Meritize Platform to provide our students with financing options to fund your education. With a Meritize Loan, you can get credit for your merit and potentially improve your loan options by sharing your academic history or military background, if approved, full deferment during school is available for certain products. Check your loan options in minutes without impacting your credit score.  Click Here to apply now at Meritize!

Airline Career Pilot Program
MERITIZE LENDING, LLC, NMLS ID 1661035 (NMLS CONSUMER ACCESS HTTPS://WWW.NMLSCONSUMERACCESS.ORG/)
MERITIZE FINANCIAL, INC. NMLS ID 1986399 (NMLS CONSUMER ACCESS HTTPS://WWW.NMLSCONSUMERACCESS.ORG/)
TERMS AND CONDITIONS APPLY. MERITIZE BRANDED LOAN PRODUCTS ARE EDUCATIONAL LOANS ISSUED BY MERITIZE LENDING, LLC**. MERITIZE RESERVES THE RIGHT TO MODIFY OR DISCONTINUE PRODUCTS AND BENEFITS AT ANY TIME WITHOUT NOTICE. TO QUALIFY, A BORROWER MUST BE A U.S.CITIZEN, PERMANENT RESIDENT OR HOLD AN EMPLOYMENT AUTHORIZATION DOCUMENT AND MEET MERITIZE’S UNDERWRITING REQUIREMENTS. IF APPROVED FOR A LOAN THE ACTUAL LOAN AMOUNT, TERM, PAYMENT, AND APR AMOUNT OF LOAN THAT A CUSTOMER QUALIFIES FOR MAY VARY BASED ON CREDIT DETERMINATION, STATE LAW AND OTHER FACTORS. MERITIZE DOES NOT WARRANT OR GUARANTEE ANY CLAIMS MADE HEREIN, INCLUDING, BUT NOT LIMITED TO, GAINING ADMISSION TO A PROGRAM, CONCERNING THE QUALITY OR FINANCIAL STRENGTH OF ANY EDUCATIONAL INSTITUTION, SECURING FUNDING OR OBTAINING EMPLOYMENT. OUR FINAL LOAN OFFER MAY DIFFER AS A RESULT OF THE SCHOOL CHOSEN AND THE ASSOCIATED COST OF TUITION. NOT ALL SCHOOLS ARE ELIGIBLE FOR FUNDING. MERITIZE DOES NOT OFFER EDUCATIONAL LOANS IN THE FOLLOWING STATES: IN, ME, ND, NV, SD, VT, WI, WV, WY, PR. ALL RIGHTS RESERVED.
**FOR RESIDENTS OF SC, LOAN IS MADE BY MERITIZE FINANCIAL, INC.
*VARIABLE RATES ARE SUBJECT TO CHANGE

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

Click Here to Apply 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.

Loan Payment Option Program:

 Loan Option #1Loan Option #2Loan Option #3Loan Option #4Loan Option #5
TypeVariableVariableVariableVariableFixed
Maturity15 Year Term15 Year Term15 Year Term10 Year Term15 Year Term
Program1 year Deferred

 

1 year I/O

13 Year Amortized

2 year I/o

 

13 Year Amortized

15 Year Fully Amortized1 year I/O

 

9 Year Fully Am

15 Year Fully Am

Here are some example monthly payments for each term.

Financing Available in partnership with AOPA Financial

Click Here to Apply with AOPA Financial