Home: L3 Commercial Training Solutions
Financial Aid for student pilots

Financial Aid

Financial Aid for student pilots

Available to U.S. Citizens and Permanent U.S. Residents


*Financial aid is available for those that qualify


Financial aid options are available for up to 100% of the cost of flight training to students who qualify. There are a variety of financial aid options to choose from, please refer to the list below or contact a Financial Aid Officer to determine what program is right for you.



Federal Pell Grants: Federal Student Aid

Federal Pell Grant, unlike a loan, does not have to be repaid except under certain circumstances. Pell Grants are awarded usually only to undergraduate students who have not earned a bachelor's or a professional degree. Pell Grants are considered a foundation of federal financial aid, to which aid from other federal and non federal sources might be added. Grant amounts are dependent on: the student's expected family contribution (determined by the information reported on the FAFSA).


Federal Direct Stafford Loan Program: Federal Student Aid

Direct Stafford Loans, from the William D. Ford Federal Direct Loan Program, are low-interest loans for eligible students to help cover the cost of higher education at a four-year college or university, community college, or trade, career, or technical school. Eligible students borrow directly from the U.S. Department of Education at participating schools. Subsidized and unsubsidized Stafford Loans are available for those who qualify.


Federal Direct PLUS Loans for Parents: Federal Student Aid

Parents of dependent students may apply for a Direct PLUS Loan to help pay their child's education expenses as long as certain eligibility requirements are met.


To learn more about each federal financial aid program please visit www.studentaid.ed.gov/sa/.

Private and State Loans

Fort Morgan State Bank Loan
Loan will cover up to 80% of total cost of education
20 year repayment term
Aggregate limit of $100,000

Click here to apply or call 1-800-592-1270.


Alaska Supplemental Education Loan (ASEL)
Alaska Family Education Loan (FEL)
Alaska residents attending out-of-state schools
Loan limit of $10,000 per year
Aggregate limit of $56,000
Repayment term: 10 years

Students/Family members click here to apply or call 1-800-441-2962.


Kentucky Advantage Education Loan
Kentucky residents attending out-of-state schools
Borrow up to total cost of education
15 year repayment

Website: www.kheslc.com
+1 800-988-6333


New Jersey Class Loan
NJ residents attending out-of-state schools
Borrow up to total cost of education
Repayment terms 10,15, or 20 years

Click here to apply or call 1-800-792-8670


Vermont Advantage Student Loan
Vermont residents attending out-of-state schools
Borrow up to total cost of education
Repayment begins 45 days from leaving school
15 year repayment

Website: www.vsac.org
+1 800-642-3177


American Airlines Credit Education Loan
Must be an eligible member of American Airlines Credit Union
Can borrow up to $40,000
Repayment up to 10 years, payments begin as soon as funds are disbursed



AOPA Aviation Finance Company
Maximum loan amount: $100,000
7 year maximum to repay, payments begin as soon as funds are disbursed
Website: https://finance.aopa.org/flight-training-finance 


We Florida Financial (WeFly)
Must be Florida resident or a member with AOPA
Can borrow up to $30,000
6-year repayment term

Website: https://wefloridafinancial.com/



Florida National Guard: Educational Dollars for Duty
The Florida Educational Dollars for Duty (EDD) program is available for Florida National Guard Soldiers and Airmen, and can provide public tuition for the period of the Guard member’s service. If you meet the eligibility requirements, EDD can be used for courses that lead toward a Technical Certification, Associates, Bachelors, or Master's Degree.

L3 approved courses: Private Pilot Ground School, Instrument Ground School, Commercial Single Engine Ground School, Commercial Multi Engine Add-on Ground School, and Certified Flight Instructor Ground School.

Website: https://edd.dma.myflorida.com/flng/


Veterans Educational Benefits
Veterans who are unsure of their eligibility or have questions about their entitlement should contact the U.S. Department of Veterans Affairs (1-888-GIBILL1). Eligible students enrolled in flight training at L3 CTS Airline Academy must maintain satisfactory academic progress in the program in which they enroll to continue receiving VA education benefits.


Flight training is available to eligible veterans and reservists under Chapters 30, 32 and 33, Title 38 USC, Chapter 1606 and Title 10 USC. Only training at flight schools approved under Part 141 are eligible for benefits. Students must hold an unrestricted “Private Pilot Certificate” and at least Class II medical certificate privileges to be eligible for benefits. You must prove Class II privileges prior to the start of each course. Benefits are payable for dual flight, ground school training, and pre/post flight briefings. Benefits are paid monthly following submission by the school of a “monthly certification of training”.


Applicants for Education Benefits (22-1990) and Request of Change of Program of Place of Training (22-1995) should be sent to:


VA Regional Office
P.O. Box 8888 Muskogee,

OK 74402-8888


Website: https://www.benefits.va.gov/gibill/flight_training.asp

For more information, Veterans may call 1-888-442-4551.
Veterans interested in VA Educational benefits can contact our Financial Aid Office at