Here's What Our Financing Covers
We understand that funding your way through flight school can be your biggest barrier to entry. That’s why Blue Line has partnered with Stratus Financial to provide competitive financing options for our Career Pilot Program. Financing covers training costs and most of the additional expenses incurred, such as:
Flight School
Ground School
Housing
Training Materials
Test Fees
Frequently Asked Questions
How long does it take to apply?
Stratus Financial & AeroAdvantage
It’ll only take 10 minutes to apply!
What are the credit requirements?
Stratus Financial
Eligibility Criteria:- US citizenship or permanent residency.
- Age of consent as per state.
- A credit score for you or a co-borrower of 680 or more is preferred.
AeroAdvantage
Eligibility Criteria:
- US citizenship or permanent residency.
- Age of consent as per state.
Credit Score Requirements:
- Credit Score 720+:
- Student qualifies.
- Student qualifies.
- Credit Score 620-719:
- Different requirements based on credit score within this range.
- Minimum credit score: 620.
Is it a hard hit to apply for your financing?
Stratus & AeroAdvantage
It is a hard hit to apply through either Stratus or AeroAdvantage.
Hard Hit - A hard hit, or a "hard pull," occurs when you apply for a new line of credit, such as a credit card or loan. It means that a creditor has requested to look at your credit file to determine how much risk you pose as a borrower. Hard inquiries show up on your credit report and can affect your credit score.
Is a co-borrower required?
Stratus Financial & AeroAdvantage
It is not required to have a co-borrower through Stratus or AeroAdvantage, but it is highly recommended!
Do I have to pay the loan while I’m in school? Will interest still accrue if there is a deferment period?
Stratus Financial
No payments due until 1 year after your first date of training (depending on which loan product you use). where at that point your payments for principal and interest will begin.
Interest does accrue during your deferment period.
AeroAdvantage
No payments due until 18 months after your first day of training, where at that point your payments for principal and interest will begin.
Interest does accrue during your deferment period.
What are the typical loan terms?
Stratus Financial & AeroAdvantage
Terms for both Stratus and AeroAdvantage go up to 20 years. Loan payments can be deferred for the first 12 months, after your first day of training, to allow the student to finish school and start working as a certified flight instructor (CFI), and interest will accrue during this deferment period.
What if I need assistance?
If you ever have any questions, we always recommend reaching out to one of our training advisors first by giving us a call at (919) 578-3713 or shooting us an email at info@blueline-usa.com. If you need to talk to your loan provider, their information is as follows:
Stratus: (855) 301-3335 / lending@stratus.finance
AeroAdvantage: (417) 827-7550 / austin@aviationfinance.us
JOSH
As Blue Line’s Sales Manager, Josh and his team of student advisors are your guide to beginning your journey into the world of aviation. Regardless of your background, they will assist you in charting a course to achieving your aviation dreams.