Aspiring Pilot Loan Scheme
AFTA is pleased to offer the Aspiring Pilot Loan Scheme, in partnership with Clonmel Credit Union and Elevate Credit Union.
The scheme provides eligible applicants with access to dedicated finance of up to €110,000 towards professional pilot training with AFTA.
Please note: The Aspiring Pilot Loan Scheme is currently available to Irish nationals only.
Who Can Apply?
To be considered for the Aspiring Pilot Loan Scheme, applicants must:
- Be 18 years of age or over
- Be applying to complete their professional pilot training with AFTA
- Have an initial €22,000 contribution from their own funds
- Successfully complete the AFTA 3-step assessment process
- Successfully obtain a Class 1 Medical
- Meet the participating Credit Union’s lending and eligibility criteria
How Does the Pilot Training Funding Work?
The scheme is structured so that students can demonstrate their suitability, progress and commitment to professional pilot training before the main loan is drawn down.
Stage 1: Initial €22,000 Contribution
Students begin their training with AFTA using an initial €22,000 contribution from their own funds.
During this phase, students will typically complete:
- Approximately 6–10 months of ATPL theoretical training and examinations
- 20 hours of PPL flight training
Stage 2: Loan Drawdown
Following successful completion of the initial training stage, the approved Credit Union loan can then be drawn down.
This allows the student to progress into the remainder of their professional commercial pilot training with AFTA.
How Much Can I Borrow?
Finance options are available for eligible applicants for amounts of up to €110,000, depending on the level of funding required.
An indicative interest rate of 6.5% applies, subject to Credit Union assessment, approval, terms and conditions.
The maximum €110,000 finance option can also include funding towards:
- Accommodation during training
- Living costs during training
- A repayment holiday while training is underway
All lending decisions are made by the participating Credit Union and are subject to its individual lending criteria, assessment, approval, terms and conditions.
How to Get Started
Your first step is to book an assessment with AFTA.
You can also register your interest in the Aspiring Pilot Loan Scheme directly with the Credit Union:
Audrey Conway
Clonmel Credit Union
[email protected]
Ready to Take the Next Step?
If you are considering professional pilot training and would like to explore your eligibility for the Aspiring Pilot Loan Scheme, book your AFTA assessment today.
If you have already been accepted onto a future dated AFTA integrated course the next step is contact Audrey at Clonmel Credit Union directly:
Audrey Conway
Clonmel Credit Union
[email protected]
Our team can guide you through the AFTA assessment process and explain the next steps towards beginning your pilot training. We look forward to hearing from you & hopefully welcoming you to AFTA soon.