Financing Your Helicopter Training
Flight School Financing
At Mauna Loa Helicopters we are very up front about costs. We believe that it is important for you to know all the costs in advance so that you may plan for and succeed at your new career.
Helicopter pilot training is an expensive undertaking and getting your flight school financing can be tricky, but don’t be discouraged, we will do everything we can to help. We don’t require payment in full prior to your training. You can pay as you go or set up an account. However, we do strongly recommend that you have your finances secured before starting school. We work with several organizations to provide helicopter school financing for students who qualify. Here are some avenues to consider:
For many students, there are scholarships available to help offset the cost of education. We have collected a number of organizations that we trust, and you can find them at our scholarships page.
Mauna Loa is proud to be the first independent helicopter school in the country able to offer federal financial aid to their students. Dependent students who qualify for the Parent Plus Loan can borrow up to the full tuition cost for the Professional Pilot Program. To see if you qualify as a dependent please click here: Am I A Dependent? To learn more about the Parent PLUS loan click here. If you do not qualify for the Parent Plus Loan, please apply to SallieMae instead of federal loans. For more information on applying for student loans contact MLH at (808) 334-0234.
AOPA Finance Loans are an option for your flight training. Put your loan to work right now and get on your way as a better trained, more proficient pilot. You can learn more about AOPA finance loans here https://finance.aopa.org/
Smart Option Student Loan for Career Training.
Pilot Finance offers loans that are limited only by the borrower’s income, debt, and credit record. To apply online, go to PilotFinance.com, or call (800) 667-0201.
Flight Training Finance will help you get in the air with flexible and affordable payment options for your flight training.
- Easy application process
- Quick turnaround time
- Serving 1000+ schools nationwide
- Helped over 6000+ pilots
Get a FREE quote today at flighttrainingfinancellc.com!
The Post-9/11 GI Bill® is for Veterans who have served after 9/11. MLH is approved for eligibility under chapters 30, 32, 1606, and Post 9-11. Veterans with benefits in chapters 30, 32, and 1606 may be eligible for reimbursement up to 60% of training funds after Private. To find out additional information on VA funding contact MLH. Vocational flight students when training at a stand-alone approved pilot school are subject to the maximum limit as it stands now at $14,881.51. Rates for August 1, 2023 to July 31, 2024 will increase to $15,497.15.
Mauna Loa Helicopters institution’s policy permits any covered individual to attend or participate in the course of education for which the individual provides notification of eligibility. Our policy ensures this institution will not impose any penalty due to the delayed disbursement funding from VA.
In 2004, Pinky Brier formed the Brier Foundation to assist young women in pursuing careers in aviation and other forms of transportation. The Brier Foundation maintains a scholarship and awards numerous scholarships each year to qualified candidates. This educational scholarship is intended to help young women get a head start and develop into a productive, self-confident and independent person. Pinky Brier believed in the possibility of anything. If you have the passion, your success will follow if you apply yourself and chase your dreams. Pinky Brier lived her dreams and has made provision for other women to assist them in achieving their dreams as well.
The Alaska Commission on Postsecondary Education offers the Alaska Supplement Education Loan. This program offers Alaska residents loans of $6,500 per certificate/rating starting after the Private Pilot License. If a student was approved for this loan for each certificate and rating in our professional pilot program post Private license (COM, IFR, CFI, CFII) this would be a potential total of up to $26,000.
Students may apply for flight school financing through Alaska Advantage after they earn their Private Pilot’s License. Alaska Advantage Program Funds may be used for tuition/fees, room/board, books, supplies, miscellaneous related costs and allowance for transportation. The Alaska Supplement Education Loan is also available for pilots seeking their ATP certificate. Their website is http://akadvantage.alaska.gov/ or for specific loan comparison information http://akadvantage.alaska.gov/STUDENT-PARENT/Loans/Loan_Comparison.aspx or by phone (800) 441-2962.
Canadian residents can now use their Canadian student loans for helicopter school financing. Please go to https://www.canada.ca/en/