FINANCING OPTIONS

McAir Aviation has teamed up with the Sallie Mae platform* to offer our student’s a unique financing option. 
Choose what's right for you
When it comes to how you’ll pay back your loan, you’re in control. You choose the type of interest rate, and the repayment option you want. The choices you make will affect how much your loan will cost you in the long run.

Repayment options:

Option 1
Make interest-only payments while in school**

  • Want to save the most money over time? Choose this option.
  • Keeping up with the interest will help you lower the total cost of your loan.

Option 2
Pay a fixed amount each month while in school**

  • Paying a fixed amount while in school could save you money over time.
  • Unpaid interest will accrue (add up) during school.

Option 3
Make no payments until after school**

  • You can defer payments if you need to.
  • The total cost of your loan will be more, as interest accrues while you’re in school.
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*McAir Aviation does not endorse a particular lender, nor is it affiliated with Sallie Mae or the Sallie Mae platform.
**Interest is charged starting when funds are sent to the school. With the Fixed and Deferred Repayment Options, the interest rate is higher than with the Interest Repayment Option and Unpaid Interest is added to the loan’s Current Principal at the end of the grace/separation period. Payments may be required during the grace/separation period depending on the repayment option selected. Variable rates may increase over the life of the loan.
McAir Aviation has teamed up with the Meritize platform* to offer our student’s a unique financing option. Meritize works with students, educators, and employers to help people excel in skills-based careers.

Meritize knows you are more than your credit score, and that is why they look at your past achievements to potentially enhance your loan options.

A few reasons why the Meritize Platform is a great option for students include:

  • Fixed and variable interest rates available** Flexible payment options including
    • 18 month to 20 year repayment schedules available
    • No monthly payments while actively matriculating in the McAir program
    • $150 minimum monthly payment for 18 months after completion of McAir program
    • If borrower is employed by an airline during such 18-month period, the Borrower may receive an additional 3-month grace period, during which the Borrower will continue making $150 minimum monthly payments, before full monthly principal and interest payments begin
  • 0.25% interest rate reduction if you sign up for autopay***
  • Max Approval Amount: $89,374

  • Customer support available 6 days a week

  • Loans are available for those who qualify

Checking your loan options with Meritize has never been easier. You can fill out a short application to check your loan options without impacting your credit score.

If loan options are available to you, Meritize will request your merit information to finalize your application. This could be in the form of:

  • Academic Experience (Official or unofficial transcript or HSE certification)
  • Military Experience (DD214)

Want to learn more? Check out their FAQ page here: 

https://www.meritize.com/students/faq/ or give them a call at 833 637-4848.

Ready to see if you qualify? Check your options here:

Apply NowLearn More - Webinars
*McAir Aviation does not endorse a particular lender, nor is it affiliated with Meritize Financial, Inc. ("Meritize") or the Meritize platform.
**Variable rates are subject to change.
***For residents of SC, loan is made by Meritize Financial, Inc.
McAir Aviation has also teamed up with Flight Training Finance to offer our student’s more financing options. 
  • Affordable

You won’t need to win the lottery, watch your credit card balance climb or drop out because costs are adding up. With a $250 down payment and monthly payments as low as $200-$300 you can realize your dream of becoming a pilot.

  • Flexible

You won’t need to bend yourself out of shape to make this work. We have repayment terms ranging from 18 - 72 months depending on number of lessons per week.

  • Easy

You won’t need to look far and wide for funding. We have an easy application process that only takes minutes to complete.

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McAir Aviation has also teamed up with Fidelity Mortgage Inc. to offer our student’s more financing options. 

A few reasons why Fidelity is a great option for students include:

  • Fico Min: 660
  • Annual Household Income
  • Term: 36mos – 120mos
  • Loan Amount: $20k-$200K
  • Funds to be used for any personal purpose
  • Soft credit check
  • No collateral
  1. SHARE A FEW DETAILS

            Receive a personalized offer in as few as 90 seconds after providing some basic information.

  1. RECEIVE & SELECT YOUR PERSONAL LOAN OPTIONS

            Review multiple options and decide which offer is best to help you achieve your financial goals.

  1. GET FUNDED FAST

            Funding can occur in as few as 5 days.

Apply NowLearn More - Webinars
McAir Aviation has also teamed up with Lendvious to offer our student’s more financing options.  Seeing How Much You Qualify For Takes 2 Minutes And Has Zero Impact On Your Credit Score.

A few reasons why Lendvious is a great option for students include:

  • Loans up to $100,000
  • Rates Start At 5.99%
  • 24-60 Month Terms
  • Zero Pre-Payment Penalties
Apply Now

FAQ's

What is a Meritize Loan?

The Meritize platform looks beyond FICO and use previous academic or military achievements to enhance credit evaluation and potentially improve loan options.

What can the Meritize platform offer me?

  • Pre-approval in minutes for qualified applicants
  • Choose from various repayment terms, including deferring full principal and interest for 3 months after you complete your training
  • Qualifying students are able to finance the full cost of tuition
  • No prepayment penalty
  • Fixed and variable interest rates available*
  • Free access to Career Services

*Variable rates are subject to change.

What is next?

  • If approved, review loan options and select the one that works best for you
  • Sign up for autopay and receive a 0.25% interest rate discount**

**For residents of SC, loan is made by Meritize Financial, Inc.

What happens if I do not get a job immediately?

The Meritize platform offers academic coaching, a job search bootcamp and new-to-the-job coaching. Through these services, students are able to work with coaches to develop a game plan to perform at their personal best while in school, work with experts on their job search from crafting resumes to negotiating salary, and even develop the personal and competitive skills that will help them achieve professional excellence in their new job.

THE PILOT YOU BECOME
DEPENDS ON WHERE YOU BEGIN

~13 Months

In as few as 13 months, you can train for a career as a Commercially Rated Pilot* (Single Engine, Multi-Engine, and Certified Flight Instructor)

363 Days

McAir Conducts Flight Training

Flight School Training at McAir combined with Certified Instructing** to build hours, then instructing is one of the fastest paths to apply with the airlines.

Completing training and Airline Transport Pilot (ATP) hours building at McAir may provide options and access with the airlines.

Training to become a pilot may open doors to various opportunities**, click to see additional pathways.

*McAir Aviation does not guarantee third-party certifications/ratings.

**Employment is not guaranteed

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