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Program Cost Learning to fly is a large investment of time and money. Financ-
It is recommended to have funds available before starting your es are definitely a factor to consider. Wayman is an aviation
pilot career. One of the major factors in not completing the flight training company and not an educational institute, there-
commercial pilot program is not having the adequate funding fore we do not offer financial aid programs to students at this
when it is needed. The majority of pilots who do not have funds time. However, there are several smart ways to fund your flying.
available are obligated to stop flying therefore halting their A few popular forms of reaching your funding needs are using
progress. sponsors, loans, scholarships, and student financial aid (Most
financial aid option require the student to be a US Resident or
Commercial Pilot Course is USD $$44,995. This includes all Citizen)
courses, materials, flight time, and fuel.
• Sponsors: Friends, family, and community organiza-
q Yes, I have the money aside (Savings, Regular Loan, tions often have grants and loans that you can access with the
Student Loan, Sponsor) most ease. You will be surprised at how willing family and
q No, I don’t have it yet. (Read the resources section below) friends are to support your development.
• Loans: Vocational loans through your bank or credit
union are secure ways to finance your education. We are happy
International Students Fees & Options
to write any enrollment letters or references you may need.
Collateralized loans often have the lowest interest rates. If you
q Deposit of USD $800 to cover International Visa Processing
have equity on your house, car, or cash in a savings account, a
fees is required. (USD $350 for the I-20, then
bank can loan against that value.
DHL Shipping. Remaining funds go to the Flight Account)
• Financial Loans: If you or your parents have life insur-
ance, retirement funds, or stock accounts, your financial institu-
q Budget USD $2,000 for additional expenses such as:
tion may allow you to withdraw money or take out loans with low
q TSA fees: USD $130 per course (x3)
interest rates from these types of financial assets. Consult with
q Fingerprinting: USD $99
your financial institution to see if you have this option available.
q SEVIS Embassy Fees paid directly through their
• Private Loans: Aviation or private organizations are
website: Varies
very generous for those that reach out and seek help. Go online
and look for organizations that want to help minorities or
q Optional Housing: One payment of USD $5,000 for 8
students who want to excel in life.
months including deposit or Monthly payments of
• US Citizens/Resident: Financial Aid & Scholarships for
USD $600 per month + deposit.
Flight Training
Resources
• Wayman’s Fleet Rates
Wayman Flight Training Checklist: How to Become a Pilot in the US // 3