Airline Tuition Reimbursement

Airline Pilot Questions & Answers
1

Should I loan $96k for tuition? And after 9 month training in ATP, will I have a job as an instructor in ATP? So I can work, save and pay my loan? Also, Airline Tuition Reimbursement, what does it mean? Does it mean that I can work with an airline while I am working as an instructor in ATP? And that airline will assist me in paying back my loan?

2

Phat,

  1. it’s your decision whether you take out a loan or not and if it makes sense

  2. if you’re a successful ATP grad and have no more than 2 training failures you will be offered an instructor position but know they do not guarantee the location

  3. you can not work another job while instructing for ATP so there probably won’t be much saving

  4. once you become an instructor for ATP you will have the opportunity to interview with a Regional at approx 500hrs. If offered an conditional offer of employment they will give you $500 to use towards paying back your loan until you build you 1500hrs and can fly for the airline. You will not be working for the airline until then.

Adam

3

If you are successful in the program, with no to few check ride failures, ATP will extend an offer for you to teach for them.

If you accept the offer, after accruing 500 hours total time you may interview with the regionals to receive tuition reimbursement.

The reimbursement is paid to you, by the airline, while you continue to teach for ATP.

After you’ve reached 1500 hours total time, you will begin new hire training at your regional airline and continue to receive tuition reimbursement for your first year of employment.

Tuition reimbursement is normally up to $11,000. However, SkyWest now offers up to $17,500.

The decision to take the loan is something you need to decide for yourself. Before you do, you need to know that this is truly something you want to do as a career. Take an intro flight or two. That’s a good place to start.

If you become more serious about joining the program, eventually you will need to apply for a First Class Medical and apply for the loan. If the banks won’t lend you the money, you might need a co-singer. If you don’t have one, or if the banks still won’t lend the money, you may need to find another way to finance your training.

Tory