LIFT: RPA commitment for training?
05-13-2020 | 12:04 PM
#281
Line Holder
Joined: Jul 2019
Posts: 25
Likes: 0
Its on a pro-rata basis. They have each rating broken into a percentage. But if you did the full zero to hero then left before doing 5 years as an FO at YX, then yes, you would owe them 20k. If they cut you loose at any point in training at Lift or at YX then its null and void.
In other words, if I have been at LIFT for 100 days, I would owe $28,333.33 minus whatever I have already paid.
So it looks like it doesn't matter how much you have accomplished. They only care about how many days you've been in the program.
Am I missing something?
05-13-2020 | 01:04 PM
#282
Gets Weekends Off
Joined: Nov 2014
Posts: 623
Likes: 0
From: E170 CA/LCA
The 20k subsidy is still in place, although from what Lift management has described when asked, no funds actually come from Republic. Its a subsidy in name alone, they just knock $20k off what they are charging for tuition. Now the $15k loan repayment assistance DOES come from Republic (and is still in effect also)
Looks really great when republic has pilots on furlough and LIFT is still giving away 15k tuition stipends from Republic. Not good optics.
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05-13-2020 | 01:28 PM
#283
New Hire
Joined: Apr 2020
Posts: 2
Likes: 0
In the enrollment agreement (contract) all students sign, it provides a table for voluntary withdrawal. It breaks down the 85K into 12 equal chunks of 30 days. So it calculates how much you owe depending on the "Total Number of Calendar Days Enrolled at LIFT at Separation". Every 30 days you are at LIFT you increase the liability by $7,083.33 ($85K divided by 12) until 360 days.
In other words, if I have been at LIFT for 100 days, I would owe $28,333.33 minus whatever I have already paid.
So it looks like it doesn't matter how much you have accomplished. They only care about how many days you've been in the program.
Am I missing something?
In other words, if I have been at LIFT for 100 days, I would owe $28,333.33 minus whatever I have already paid.
So it looks like it doesn't matter how much you have accomplished. They only care about how many days you've been in the program.
Am I missing something?
05-13-2020 | 03:33 PM
#284
Gets Weekends Off
Joined: Aug 2013
Posts: 445
Likes: 0
In the enrollment agreement (contract) all students sign, it provides a table for voluntary withdrawal. It breaks down the 85K into 12 equal chunks of 30 days. So it calculates how much you owe depending on the "Total Number of Calendar Days Enrolled at LIFT at Separation". Every 30 days you are at LIFT you increase the liability by $7,083.33 ($85K divided by 12) until 360 days.
In other words, if I have been at LIFT for 100 days, I would owe $28,333.33 minus whatever I have already paid.
So it looks like it doesn't matter how much you have accomplished. They only care about how many days you've been in the program.
Am I missing something?
In other words, if I have been at LIFT for 100 days, I would owe $28,333.33 minus whatever I have already paid.
So it looks like it doesn't matter how much you have accomplished. They only care about how many days you've been in the program.
Am I missing something?
05-13-2020 | 03:38 PM
#285
Line Holder
Joined: Oct 2019
Posts: 1,323
Likes: 1
Yeah, that can't be right. And if it is and you were dumb enough to sign it knowing how unstable flight training can be (wx, maint, pandemics) then im sorry but you deserve to lose your money.
05-13-2020 | 05:40 PM
#286
Gets Weekends Off
Joined: Nov 2017
Posts: 3,212
Likes: 175
You’re right, but it’s contractual so I have a feeling it’s out of their hands unless they want to be sued. Just my guess though.
05-14-2020 | 08:03 AM
#287
Gets Weekends Off
Joined: Aug 2013
Posts: 445
Likes: 0
It wouldnt surprise me if it was true, they also have changed the free structure from the flat rate $65k to an optional flat monthly fee, so the faster you go, the cheaper it works out overall, alternatively they are so short of CFI's that its taking people way longer and costing them more.
05-14-2020 | 08:14 AM
#288
On Reserve
Joined: Aug 2017
Posts: 20
Likes: 0
From: Part 61 student
It wouldnt surprise me if it was true, they also have changed the free structure from the flat rate $65k to an optional flat monthly fee, so the faster you go, the cheaper it works out overall, alternatively they are so short of CFI's that its taking people way longer and costing them more.
05-14-2020 | 08:55 AM
#289
Line Holder
Joined: Oct 2019
Posts: 1,323
Likes: 1
05-14-2020 | 09:37 AM
#290
On Reserve
Joined: Aug 2017
Posts: 20
Likes: 0
From: Part 61 student
I’d just imagine that with every single student becoming a CFI they would eventually run out of students to teach. Although, that’s assuming each CFI is able to teach more than one student.
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