My name is Alex and I am in the process of planning my start in the Airline Career Pilot Program. I have a few questions. To give some background, I am in my early 20’s and I am a recent college graduate. I started my first full-time job a few months ago and I am just not happy. I am looking to start the program in the next 6 months or so. I have known that I have wanted to be a pilot my whole life, and even with the odd timing I am finally ready to go for it. I would be a third generation pilot, as my dad and grandfather are both corporate pilots. I bounce most of my questions off of my dad, but I believe it is always a good idea to get opinions and advice from multiple people.
Can anyone give a rough estimate on the interest rate they incurred for their Sallie Mae/Wells Fargo loan for tuition? I understand every case is different, but I am just trying to figure out a few things about my own financial situation and this would be of great help.
What exactly is the point of taking the 4 written exams (PPL, Instrument, multi, commercial) before starting the program? I understand that ATP will reimburse you for finishing these early which is a nice monetary incentive, but there is a time gap between taking these exams and applying the knowledge from them. I could understand taking the PPL beforehand because that is the first step in the program. When it comes to the latter three, there would be a 3+ month gap after completing these exams before beginning the training that correlates with them.
I am up for all advice/different points y’all may have! I am eager to learn as much as I can about the program, and I thought why not come straight to the individuals that have been through the program themselves.