RTP bonus and training cost
10-05-2018, 08:15 PM
#1
New Hire
Thread Starter
Joined APC: Oct 2018
Posts: 4
RTP bonus and training cost
OK. Would like to participate in the RTP however I have zero fixed wing time. I live near SkyWarrior in Pensacola so housing cost not a factor.
Does the RTP bonus basically cover just the ratings and checkrides? Am I going to have to pay for 250 hours PIC airplane time out of pocket?
Does the RTP bonus basically cover just the ratings and checkrides? Am I going to have to pay for 250 hours PIC airplane time out of pocket?
10-05-2018, 08:22 PM
#2
Gets Weekends Off
Joined APC: Jun 2017
Position: RW instructor pilot and Maintenance test pilot
Posts: 177
Originally Posted by aegis1
OK. Would like to participate in the RTP however I have zero fixed wing time. I live near SkyWarrior in Pensacola so housing cost not a factor.
Does the RTP bonus basically cover just the ratings and checkrides? Am I going to have to pay for 250 hours PIC airplane time out of pocket?
Does the RTP bonus basically cover just the ratings and checkrides? Am I going to have to pay for 250 hours PIC airplane time out of pocket?
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10-05-2018, 08:39 PM
#3
New Hire
Thread Starter
Joined APC: Oct 2018
Posts: 4
Originally Posted by new guy
You should read the forums and literally hundreds of post directed towards this. Or the website made by the company with several POC listed for more exact questions.
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10-06-2018, 04:42 AM
#5
Gets Weekends Off
Joined APC: Sep 2017
Position: On the Line
Posts: 286
Originally Posted by trvsmrtn
The only thing you would pay out of pocket would be the examiner fee for the checkride and any costs over $23k. If you’re military and have the GI Bill then you can use that to pay the additional costs.
Made more sense for me to save the GI Bill for the daughter’s college. Cash flowed it over 16 months before retiring.
In the grand scheme it is less than a stripper Camaro SS or a Mustang GT.
Your experience may vary based on rental fees in your area.
Don’t forget things like iPad, Foreflight, Subscription, oral guides, FAA manuals if you want paper, headset, mount for iPad, club fees, FAA Class 1 medical fee, airline apps, aviationinterviews.com fee, etc.
10-06-2018, 10:27 AM
#6
New Hire
Thread Starter
Joined APC: Oct 2018
Posts: 4
Thanks Army
Yeah, I was sadly mistaken that the bonus would cover everything. 30K additional is a definite show stopper for me. I’ve been out of the Army since 1997 with zero G.I. Bill etc.
That explains why there’s such a shortage of pilots. Who would be able to spend that kind of money for a job that pays WalMart wages?
Oh well, back to helicopters it is. Fly safe all.
Yeah, I was sadly mistaken that the bonus would cover everything. 30K additional is a definite show stopper for me. I’ve been out of the Army since 1997 with zero G.I. Bill etc.
That explains why there’s such a shortage of pilots. Who would be able to spend that kind of money for a job that pays WalMart wages?
Oh well, back to helicopters it is. Fly safe all.
10-06-2018, 12:14 PM
#8
Gets Weekends Off
Joined APC: Dec 2017
Posts: 658
I would suggest at least sending an email to those who run the program. Yes there’s a lot of info out on here but you might have to sift through a bunch of “maybe’s” and “I think’s”. I’d say one email and if it comes up the same as you’ve seen here then you know for sure you’ve made the right decision. Don’t want a case of the “I wish’s” down the road.
10-06-2018, 12:52 PM
#9
Gets Weekends Off
Joined APC: Mar 2017
Posts: 566
Originally Posted by captande
I would suggest at least sending an email to those who run the program. Yes there’s a lot of info out on here but you might have to sift through a bunch of “maybe’s” and “I think’s”. I’d say one email and if it comes up the same as you’ve seen here then you know for sure you’ve made the right decision. Don’t want a case of the “I wish’s” down the road.
At my interview they did a cost sheet for me based on the flight time and ratings I needed. I didn't need any certificates, only time. PSA covered 100% of my bill, minus housing.
10-09-2018, 05:43 AM
#10
On Reserve
Joined APC: Aug 2012
Position: CRJ-200, 700, 900, Captain
Posts: 10
Also consider your probable pay and position in 5 years, 10, at retirement, and lifetime earnings. RW jobs have higher starting pay, but the top end is a lot lower. In this market, the investment in airplanes will pay off within a few years.
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