At one time or another every one of us was in your shoes; we had the overwhelming desire to fly helicopters but the financial aspect seemed to be quite a hurdle. Let me tell you from experience this hurdle is not as high as it appears. There are numerous options for funding your training as long as you know where to look. We have made our payment policy as student friendly as possible and have listed many of the financing options here on our website but we encourage you to come down and meet with us so together we can find a financing option that is right for you.
Our Payment Policy
- We require no upfront payments.
- There is no minimum account balance needed to get our advertised student price of $334.75 an hour (Schweizer 300c).
- If you would like, you can pay upon completion of each flight.
- There are no penalties if you need to stop your training for any reason.
- If you are unable to achieve your desired rating in the allotted number of hours in your syllabus, Lake Superior Helicopters will give you the helicopter rental at cost until your goal is achieved.
AOPA (Aircraft Owners & Pilots Association)
Now you can apply for financing for your flight training, whether you are a student or working on your upgrade. The AOPA Flight Training Funds account can help you earn your wings! www.aopa.org (must be an AOPA member)
- Predictable Payments
- No Annual Fee
- No Collateral Needed
- Renewable Sources of Cash
- Credit line up to $25,000.00
- Support AOPA and General Aviation
Eligibility
Must be an APOA member ($39.00)
Pilot Finance Inc.
This loan is designed for part-time flight training (1-5 flight lessons per week). Maximum amount financed is limited only by the applicant's income, debts and credit record. To apply online, visit www.pilotfinance.com or call 800.667.0201.
Wells Fargo
The Wells Fargo Education Connection Loan is an alternative loan for students seeking a degree, multi-course certificate, or license. Students make no payments while in school; the maximum in-school period is five years (four-year schools) or two years (all other schools).
Eligibility
Undergraduate and graduate students must:
- Be enrolled full-time, half-time or less than half-time at an eligible college
- Possess positive credit histories, an acceptable debt-to-income ratio, and a minimum income of $12,000 or a cosigner with a minimum income of $12,000
- Be U.S. citizens, U.S. nationals or permanent resident aliens without conditions. For permanent resident aliens, a U.S citizen cosigner is required
Scholarships
Helicopter Foundation International
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Lake Superior College