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ExpressJet_Bob · 06-23-2008

Wow... it sounds like you've got some big decisions on the horizon...

As far as the program goes... I believe there is a pro-rated discount if you don't do the CFI portion of the program. I'd call the 800 number to verify that though. (800-255-2877).

Edit: I actually went ahead and called for you... Yes, they do give a $2000 refund for dropping the CFI course. But... me personally.... I think the CFI ratings are worth more to you than you may believe.

Also, I was told that ATP has a pro-rated refund policy. So... let's say you drop the course after your Instrument checkride... then you'd get a pro-rated discount for the rest.

Hope that helps.

Regarding the loans... I'm afraid that is one area where I personally don't have a lot of experience. Believe it or not... I paid cash for the program when I went through. (It hurt... but it was what I wanted to do). That said, if you call the number listed above and ask to speak to someone in "Admissions", then they can run down an approximate loan structure for you.

Over time... I'm sure it's just like any other loan with interest. The lower the rate, the better... and the shorter the term, the less you'll pay over and above the loan amount. But those admissions guys can give you a bit more real-world info I'm thinking.

Bob

06-23-2008	#4 (permalink)
ExpressJet_Bob Pilot Career Coach Join Date: May 2006 Location: DFW Texas Posts: 1,940	Wow... it sounds like you've got some big decisions on the horizon... As far as the program goes... I believe there is a pro-rated discount if you don't do the CFI portion of the program. I'd call the 800 number to verify that though. (800-255-2877). Edit: I actually went ahead and called for you... Yes, they do give a $2000 refund for dropping the CFI course. But... me personally.... I think the CFI ratings are worth more to you than you may believe. Also, I was told that ATP has a pro-rated refund policy. So... let's say you drop the course after your Instrument checkride... then you'd get a pro-rated discount for the rest. Hope that helps. Regarding the loans... I'm afraid that is one area where I personally don't have a lot of experience. Believe it or not... I paid cash for the program when I went through. (It hurt... but it was what I wanted to do). That said, if you call the number listed above and ask to speak to someone in "Admissions", then they can run down an approximate loan structure for you. Over time... I'm sure it's just like any other loan with interest. The lower the rate, the better... and the shorter the term, the less you'll pay over and above the loan amount. But those admissions guys can give you a bit more real-world info I'm thinking. Bob __________________ My head is in the clouds and my heart is still in Maine... but my devotion and love belong to my wife and children.