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ExpressJet_Bob · 08-26-2008

Hi Mark,

I called ATP admissions and I did get an answer to your question for you.

Unfortunately... at this time, Sallie Mae is the only option. That said, I'm being told that if you can get approved for up to $24K through SallieMae then that opens the doors to some other financing options as well. I don't know the specifics on that so I'd recommend a phone call to ATP and ask for "Admissions" to get the straight scoop.

Financing this career is one of the hardest things for folks to do, precisely for the reason you are finding out. There's just not a lot of lenders out there who are prepared to back private career advancement loans.

The best thing to do at this time is get your finances in order, pay down what debt you can, budget, and save, and that will also help build your credit score at the same time.

That obviously sounds easier to than it is... but it's good advice regardless of whether or not you become a pilot.

Hope that helped somewhat...

Bob

08-26-2008	#4 (permalink)
ExpressJet_Bob Pilot Career Coach Join Date: May 2006 Location: DFW Texas Posts: 1,940	Hi Mark, I called ATP admissions and I did get an answer to your question for you. Unfortunately... at this time, Sallie Mae is the only option. That said, I'm being told that if you can get approved for up to $24K through SallieMae then that opens the doors to some other financing options as well. I don't know the specifics on that so I'd recommend a phone call to ATP and ask for "Admissions" to get the straight scoop. Financing this career is one of the hardest things for folks to do, precisely for the reason you are finding out. There's just not a lot of lenders out there who are prepared to back private career advancement loans. The best thing to do at this time is get your finances in order, pay down what debt you can, budget, and save, and that will also help build your credit score at the same time. That obviously sounds easier to than it is... but it's good advice regardless of whether or not you become a pilot. Hope that helped somewhat... 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.