Thread: Ameriflight
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Old 09-19-2018, 07:46 AM
  #4729  
frmrbuffdrvr
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Originally Posted by Imasuen1 View Post
I think Epic makes the reimbursement after 3yrs. Not Ameriflight.
Actually, the way the program is set up, Epic provides the financing for the pilot's training. Once the pilot reaches IFR mins and comes to Ameriflight, there are three benchmarks they have to meet. (I'm not going to name them because I might be wrong on one or two.) When the pilot reaches the benchmark, AMF pays back Epic for 1/3 of the loan. The money never actually passes through the pilot's hands. Unless they don't meet all of the benchmarks at AMF, at which point they are on the hook to Epic for the remainder of the loan.
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