Get a Loan for $60,000 - College & Pilot Ratings

[Holocene]

I need a loan for approximetly $60,000.

The money will be used to pay for college as well as pay for addiitonal pilot ratings. (Already a priavte pilot).

The goal is to eventually fly for hire, but I'll need college and additinal rating before I can do that.

Where can I get a loan for this amount?

 

[wildman]

Go to the college financial aid office. They will set you up.

 

[Astronuc]

One is fairly limited to the action suggested by wildman.

One will likely not get a loan for $60,000, especially at a reasonable interest rate, unless one has collateral. Student education loans are normally given on a year by year basis, in which case, interest will be added in successive years until one starts repaying the loan.

I would recommend minimizing the loan, and instead working part-time, and/or try to secure some grants or tuition waivers.

 

[shes_got_issues]

Astronuc's right, your more than likely going to need some collateral. have a look on http://www.moneysupermarket.com/loans/ to give you an idea of what you can expect.

hows the flying going anyway, that's something I've been looking into? Are you heading for your instrument training an what now?

i think i'd like to be a cooperate pilot, or just a private pilot for people that need flying - is that flying for hire? Or do you just mean you will hire a plane every time you want to fly. Guess that would probably work out cheaper wouldn't it. Upkeep, hanger fees an all that sure do add up!

 

[Crosson]

Join the Airforce, train to fly for free.

 

[Poop-Loops]

Yeah, seems like going to the Air Force would be the "easy" way out.

 

[Asphodel]

Cheap but not easy. Also, the USAF isn't the only branch with planes.