How to pay back the loan?

Cade,

Since the financing option that we offer is a credit-based student loan through Sallie Mae, it does function as a normal student loan where you can defer payments up to 6 months after you’ve completed training.

Once the 6 month grace period has ended, Sallie Mae offers Graduated Repayment which allows for 12 months of interest-only payments before the loan enters full repayment. This gives ATP’s graduates the ability to earn a salary as an airline pilot before making full payments. I would encourage that you consider this as an alternate option if you’re concerned about making full payments on the loan as a CFI.

Addison

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