Flight School Loans The Best Loan Option Reserved for ATP Students

Thanks to the strong track record of ATP graduates achieving their career goals, Sallie Mae offers its lowest-rate undergraduate student loan product to ATP flight training students. This competitive flight school loan covers the entire cost of pilot training and your living expenses during training. Sallie Mae offers flexible repayment options, including deferment of loan payments until your class date at an airline.

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Quick 2 Minute App. Discover Your Options.

Financing for Pilot Training

Available Financing Options

Apply to Sallie Mae — a cosigner may not be required.

If you need financing for some or all of your pilot training, ATP recommends applying with Sallie Mae. Applying online is easy - you'll receive a credit result in about 2 minutes and there's no obligation to accept the loan or begin flight training with ATP once you've been approved.

Sallie Mae Loan Features

Fixed interest rates from 2.08% APR for qualifying borrowers
Variable interest rates available
Up to 100% of school-certified training costs can be financed, including certain living expenses
15-year repayment term
12-month grace period following completion of training
Multiple repayment options: interest-only payments, $25 monthly payments, or deferred payments while training
Deferred repayment option: no scheduled loan payments while flight training and during the 12-month grace period
Graduated Repayment Period provides an additional 12 months of interest-only payments for eligible borrowers after the grace period
No origination fee
No prepayment penalty
0.25 percentage-point interest rate reduction with automatic payments
Progress-based disbursements — interest accrues only on funds disbursed
Applying with a creditworthy cosigner may improve the likelihood of approval and/or help secure a better rate
Cosigner Release for eligible borrowers with one year of on-time interest and principal repayments post-graduation
No obligation to accept the loan or enroll with ATP after applying
A quick credit result—Applying online is fast and easy. It only takes about 2 minutes to apply and get a credit result.

ATP Protects Your Investment

When you finance your training, ATP does not take the entire loan amount upfront. Instead, ATP follows a graduated payment schedule as you progress through training, protecting your investment. Learn More »

Get Started on Flight Training Financing: Sallie Mae Application Guide »

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Quick 2 Minute App. Discover Your Options.

Alternative Financing

Additional Financing Options

Sallie Mae Parent Loan

The Sallie Mae Parent Loan allows an eligible parent, family member, or other creditworthy sponsor to apply as the primary borrower. The student is not part of the credit decision, which may result in more favorable financing for some families.

Sallie Mae Parent Loan Features

Parent, family member, or sponsor is the borrower.
Competitive fixed and variable rates for qualified borrowers.
No origination fee or prepayment penalty.
Two repayment options to support different budgeting preferences.
Covers up to 100% of the school-certified cost of attendance.
Student death and disability loan forgiveness provisions.
0.25 percentage point interest rate reduction for borrowers enrolled in auto debit.
Up to 20 years to repay.

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Prequalify with no impact on credit

American Airlines Federal Credit Union

Membership

ATP students and instructors are eligible to join! Take advantage of exceptional financial services with American Airlines Federal Credit Union. Use ATP Promo Code BD4432 and American Airlines Credit Union will waive the initial new member deposit.*

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Education Line of Credit

While attending ATP, an education line of credit from American Airlines Credit Union offers a variable-rate loan of up to $40,000.

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Pilot Loan Refinance

Refinancing your flight training loans could help you lower your rate, adjust your payment, or pay them off sooner. Loans are available to Credit Union members who have obtained their Commercial Pilot License (CPL) or Airline Transport Pilot License (ATPL) and are still paying for their flight training.

Learn More »

Already Have Education Savings? Use Your 529 Plan at ATP

Many families have already saved for education through a 529 plan and don't realize those funds may be used toward eligible flight training expenses at ATP.

Learn how to use your 529 plan at ATP »

Delta Air Lines Pilot and ATP Flight School Graduate

Have questions? Feel free to reach out to us at 904-595-7946 or [email protected].

^*New member deposit consists of the required $5.00 initial minimum deposit and the one-time $1.00 membership fee. The $5.00 will remain pledged in the Primary savings account as a required minimum daily balance. Must use promo code BD4432 to be eligible for discount. American Airlines Credit Union is Federally Insured by NCUA.

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