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ATP Can Finance everything

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Old 02-22-2020, 05:15 PM
  #41  
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Independent CFI’s need liability insurance in case you end up in the trees and your parents/dependents sue.
Im not talking about insurance on your bric-a-brack $25k airplane.
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Old 02-22-2020, 05:25 PM
  #42  
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Well I’ve dealt with two that are excellent instructors who don’t charge an arm and a leg.


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Old 02-23-2020, 06:17 AM
  #43  
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Don’t do it took me 5 years to pay off that high interest bearing loan from ATP, the cost of their program has benefits but it’s cheaper to pay as you go, but i was selfish and wanted instant gratification,
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Old 02-23-2020, 10:01 AM
  #44  
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Originally Posted by Chipjumper View Post
This is insanity. Even $60k makes me cringe. You could buy a mid time PA-28 for $25, spend $13.5 for an Aspen E5 and TruTrak installed price, pay a CFI-I $40/hr cash money to pull you through your PPL, IFR, and COM. $45/hr fuel plus $10/hr reserve plus $23/hr fixed costs x 250 hours = $19,500 plus 60hrs of instruction = $21,900 plus acquisition and upgrade cost of the plane.

If you don’t have the $25-30k to buy PA-28 and the $13.5k to upgrade the panel then you could finance it. Note that your plane will have excellent resale value with your Aspen panel with TruTrak.
I don't know many college age kids who could get that kind of financing.
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Old 02-23-2020, 12:42 PM
  #45  
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Co-signer. Joining a flight club is probably the best overall solution.
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Old 02-26-2020, 07:31 PM
  #46  
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So after hours and hours of looking at alternative ways to finance flight training with 0 money and 0 co-signer I’ve narrowed down my option to Army WOFT.

That would mean active duty 6 years BUT I managed to find something interesting....

The Army Guard in Alaska is offering WOFT street to seat with a 8 year commitment!
https://www.nationalguard.com/select-your-state/AK

If I were to move to Alaska for Army Guard WOFT wouldn’t that qualify me for Mil R-ATP(750 hrs) and I would have to only serve 38 days out of the year (1 weekend/month and 2 weeks in the summer) for 8 years. Build my flight hours via Army helicopter while trying to get 250fixed wing time via participating in an airline rotor transition program/renting a plane then go to airlines since I will have so much free time and then hopeful transfer out of Alaska ASAP.

Or would going Active duty be the best option but take longer because I can’t fly for airlines till after 6 years.
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Old 02-26-2020, 07:55 PM
  #47  
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Originally Posted by BigKitten229180 View Post
So after hours and hours of looking at alternative ways to finance flight training with 0 money and 0 co-signer I’ve narrowed down my option to Army WOFT.

That would mean active duty 6 years BUT I managed to find something interesting....

The Army Guard in Alaska is offering WOFT street to seat with a 8 year commitment!
https://www.nationalguard.com/select-your-state/AK

If I were to move to Alaska for Army Guard WOFT wouldn’t that qualify me for Mil R-ATP(750 hrs) and I would have to only serve 38 days out of the year (1 weekend/month and 2 weeks in the summer) for 8 years. Build my flight hours via Army helicopter while trying to get 250fixed wing time via participating in an airline rotor transition program/renting a plane then go to airlines since I will have so much free time and then hopeful transfer out of Alaska ASAP.

Or would going Active duty be the best option but take longer because I can’t fly for airlines till after 6 years.
Anyone who's been around the block will tell you that Guard(or reserves) + parallel civilian track via regionals is the fastest path, and best way to have your cake and eat it to.

Be aware that few operational units actually do one weekend/month, two weeks per year... it's going to be more than that. I did about three months total active duty last year and I was in a (senior) staff unit...
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Old 02-26-2020, 08:17 PM
  #48  
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Originally Posted by rickair7777 View Post
Anyone who's been around the block will tell you that Guard(or reserves) + parallel civilian track via regionals is the fastest path, and best way to have your cake and eat it to.

Be aware that few operational units actually do one weekend/month, two weeks per year... it's going to be more than that. I did about three months total active duty last year and I was in a (senior) staff unit...
From what I was able to find Alaska may be the only state that is offering the army guard WOFT without prior service. I live in Florida and the recruiter here was no help at all. Would you by chance be aware of any other states offering similar programs?
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Old 02-27-2020, 12:00 PM
  #49  
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USCG still have the Blue 21 program?
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Old 03-11-2020, 11:19 PM
  #50  
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In similar boat
What is Lift academy like folks??
yay or nay??
They're 60k but require 5 years with Republic.
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