I've been trying to do some research on wether the new ATP rule will allow pilots with a four year degree (60 credits) to get a restricted ATP at 21 with 1000 hours even if the school is not Part 141. Im confused as to whether it is a "four year degree from a part 141 school" or "a four year degree, or training from a 141 school." Any clarification would be much appreciated. Thanks!

It is a 4 year degree of a University that is on the FAA list. http://www.faa.gov/pilots/training/a...ority_List.pdf

"Institutions Authorized to Certify its Graduates for an Airline Transport Pilot (ATP) Certificate with Reduced Aeronautical Experience

Graduates of an institution of higher education that have received Federal Aviation Administration (FAA) authorization to certify graduates may be eligible to apply for a restricted privileges airline transport pilot (ATP) certificate. The total flight time requirements for a restricted privileges ATP Certificate based on a degree with an aviation major are found in § 61.160.

• 1,000 hours for a graduate who holds a bachelor’s degree with an aviation major and meets the remaining requirements of § 61.160(b);
• 1,250 hours for a graduate who holds an associate’s degree with an aviation major and meets the remaining requirements of § 61.160(c); and
• 1,250 hours for a graduate who holds a bachelor’s degree with an aviation major and meets the remaining requirements of § 61.160(d)."

In addition to being specifically named on the list, my understanding is that the schools have to be 141 as well.

But really it's all up to your school...THEY have to get themselves put on the list. Otherwise you need 1500 hours.