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PROSPECTIVE STUDENT
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Financing Options
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Financing Options

While Bristow Academy, Inc. does not offer financial aid through the school directly we have found private financial aid organizations where our students have been able to apply for funding successfully.

SLM Financial Career Training LoanSM

This loan, offered through SLM Financial, a subsidiary of Sallie Mae, has been designed specifically to help students finance their training. It can be used for the total cost of education and certain related expenses. If the applicant has no credit or a poor credit history they may still qualify for a loan by applying with a creditworthy co-borrower. Minimum loan amount is $1,000. Interest rates are variable (monthly) and based on the Prime Rate plus a spread. The interest rate spread is determined by the applicant and the co-borrower's (if used) credit history. Interest rate starts at Prime +1 percent. Repayment begins 30 days after disbursement. Standard term is 15 years with minimum payments set at $30 a month per loan. There is the option of making interest only payments while in school and there are no prepayment penalties. To apply online go to www.slmeducationloans.com or call 888-272-5543 for more information. Our school code is 605098.

AOPA PROGRAM OFFERS LOANS FOR FLIGHT TRAINING

A program available from AOPA Certified partner MBNA America Bank, N. A. offers AOPA members flight training personal loans with rates as low as 5%. No collateral or down payment is required, and no annual fee is assessed. Loans may be used for any flight training expense, including aircraft rental, instruction fees, books and supplies, or any other goods or services needed to make flight training successful. For more information visit www.aopa.org/info/certified/funds.html or call 888-628-7700.

Priority Code: FAAQAP

Louisiana Technical College

Students may apply for a Nelnet loan at Louisiana Technical College, Teche Area Campus.

For further information please contact Christine Longtin, Executive Assistant, New Iberia Campus, christine.longtin@bristowgroup.com, (337) 364 8909.

 

Bristow Academy, Inc. suggests you contact these organizations yourself to determine how to receive funding, terms of the loans, and interest rates. Please understand that they are loans between you and the private loan company and Bristow Academy is in no way responsible for any loan defaults.


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