5 Major Pilot Training Loan Mistakes You Should Avoid

Are you looking to invest in your aviation career? Do you want to make an effective investment without going broke?

5 Major Pilot Training Loan Mistakes You Should Avoid

If so, it’s time to avoid some major mistakes that students make when paying for the training!

It is no secret that many beginners often make mistakes when they plan to start a career in the aviation industry.

Before you sign a dedicated certified training school, it is important to explore all possible options such as;

  • Scholarships
  • Interest Rates
  • Payback periods
  • Loan Term

If you, however, avoid these things, you might be welcoming unnecessary troubles. To avoid such issues, here are the 5 potential mistakes that you should avoid when enrolling yourself in a training school

Mistake #1: Choosing the Wrong Flight School

One of the biggest mistakes that learners make is choosing the wrong flight school for their international flight training. No matter how big or small an institute is, make sure you always do extensive research before you invest your hard-earned money. The sad reality is that students spend a lot of money before they realize they picked the incorrect university.

Whether you want to fly a jumbo jet or a charter plane, you must have a good rating from a reputed institute. Also, when you ask for a job, employers will always check the number of hours that you invested in an aircraft. Therefore, take care to pick a training school that has a history of placing its graduates in positions with fair salaries.

Mistake #2. Avoid Using Credit Cards With 0% Interest Rates

You might have seen these kinds of tempting deals even on small gadgets and appliances. Though these kinds of offers and discounts may allure you at once, you must think twice before choosing such kinds of errors. If you think paying $55,000 (or whatever the fee is) in just 1 year or 18 months is an extremely good offer, you are probably mistaken!

Here's the catch!

Since many credit card interest rates can increase to as much as 30% (or even 45% if the tenure is long) once the introductory period ends, it might land you in big trouble. Make sure you avoid such traps. If you, however, still want a loan, make sure the tenure is short and consider paying it on time without any delay.

Mistake #3: Not Considering One-Time Payment

Another mistake that students make while getting enrolled in pilot training is they get into debt. Though paying such a huge amount on training may seem a potentially daunting ask at first, you may later rest assured that you don’t have to worry about any amount getting deducted every month. Starting a profession with no student loan debt can relieve a lot of financial and psychological pressure. If you want to finish your training quickly and pay for it out of pocket, make sure you save money as much.

Mistake #4: Consider Government-Funded Training Programs

No matter how rich you are, you should always choose the right training school that offers government-backed flight training courses. Even though military life is not for everyone, aspirant pilots who want to convert their financial investment into a time commitment could think about enrolling in the military. Every branch of the American military needs pilots because every component has aircraft. You will be sent to flying school by the military, and they would be responsible for all the expenses involved in the training process.  

Mistake #5: Hiring Inexperienced Instructors

Last but not the least, it is one of the major mistakes that made by learners just to save money. Though finding the trick to save money is important, make sure you don’t let your career suffer. If any instructor has a certified FAA license, it doesn’t mean that they have got it all that you want. Make sure you go through the reviews and testimonials from their previous students to get an idea of their teaching methods.


Take your time and consider your options before borrowing money for pilot training. Consider avoiding these tips to ensure you have a stress-free and enjoyable aviation career.