fbpx

Stratus Financial

90 Discovery Irvine, CA 92618
Untitled design (81)
Union-2.png

How to create a budget for flight training?

Becoming a pilot is a dream for many, but it can also be a significant financial investment. To make this dream a reality, it’s important to have a budget in place before beginning flight training. One option to consider is checking out Stratus Financial, this company specializes in financing aspiring & student pilots alike. Here are some steps to create a budget for flight training with Stratus Financial:


  1. Research flight schools: Look at the cost of flight training at different schools and compare prices. The cost can vary greatly depending on the location, type of training, and the type of aircraft used. Be sure to check if the schools you’re interested in are partnered with Stratus Financial.

  2. Determine the type of training: Decide whether you want to pursue a private pilot’s license, commercial pilot’s license, or another type of certification. Each type of training has its own associated costs, so it’s important to know which one you want to pursue. 

  3. Consider Stratus Financial: Stratus Financial offers financing options for flight training through loans. They are partnered with many flight schools, which can make the process of financing your training more convenient. Even if the school you want to attend is not partnered with Stratus, they can still fund your training.

  4. Factor in additional costs: Flight training costs include more than just tuition. You will also need to budget for things like books, charts, and other materials, as well as the cost of the physical examination, medical certificate and the cost of accommodation.

  5. Make a plan: Once you have a clear idea of the costs involved, create a budget plan that includes all of your expenses. Be sure to include a contingency fund for unexpected costs.

  6. Start saving: Start saving money as soon as possible to help pay for flight training. Set a goal and stick to it, even if it means cutting back on other expenses.

By following these steps and creating a budget, you’ll be well on your way to becoming a pilot. Remember, flight training is an investment in your future and a budget will help you keep the costs under control while Stratus Financial will help you finance it.

Related Blogs

Pilot Shortage Leads to Reduction of American Airlines Flights to Three Cities

Pilot Shortage Leads to Diminished Air Service at 76% of US Airports

How to create a budget for flight training?

The Cost of Flight Training: How Financing Can Help You Achieve Your Dream of Becoming a Pilot

What are the long-term financial benefits of flight training?

How to prepare for a long-haul flight as a pilot?

5 Tips for Financing Your Flight Hours: How to Budget and Save Money on Pilot Training

Why students should finance their student loans with Stratus Financial

Aviation Recruitment Reaches Unprecedented Heights in October

15 Things to do as a Private Pilot

Breaking Barriers: Women in Aviation Lead the Way Amidst Pilot Shortage

How much do airline pilots make?

United Airlines Pilots Get Pay Raise as Global Travel Disruption Continues

How is a pilot’s salary calculated?

2.1 million new commercial aviation personnel needed

Pilot pay increased as hiring battle heats up

Pilot Pay Raises at PSA Airlines, Piedmont, and Envoy

American Airlines offers competitive pay raise to pilots

Envoy Air Offers New Bonus for Experienced First Officers

Airline Pilots Demand Higher Wages and Better Treatment

Things I Wish I Knew as a Student Pilot

How airlines around the world are tackling pilot shortages

Airlines Struggle to Keep Up With Pilot Shortage

Air travel is picking up. Now the airlines have to play catch up.

Career Pilot Demand Forecast for 2023

Pilot in demand for the next 20 years

Competitors seek pilots from distressed airlines

The Shortage of Pilots Around the World is a Big Concern

Airlines have Doubled Pay, and There’s No Better Time to Becoming a Pilot

Historic Pilot Shortage Encourages Flight Schools To Fill The Gap

Mother-Daughter Take On The Skies As Part of Southwest Airlines

American Airlines Make Flight School More Affordable and Accessible

Invest On Your Future: How Much Does It Take To Become A Pilot?

Get Started On Your Books: The Top Five Things To Study In Advance

More Pilots Needed: Airlines Turn to Diverse Crew

5 Helpful Techniques To Become A Pilot

Things you should do before signing up for a flight school

Frontier Airlines launching a pilot program for new generation pilots

Be Prepared: The Challenges Of Being A Pilot

Staff Shortage in Airport across the country

5 Safety Spotlight Pilot Tips

Tips to help you fly like a PRO

What do the stripes on a pilot’s uniform mean in the US?

Protecting yourself from online fraud

Benefits Increase as The Demand for Pilots Grow

Thinking of Cosigning A Private Student Loan? Here are five things you should know!

We Need Pilots: Travel Demand Skyrockets From Regional Airlines

5 tips for building your FICO score to apply for Stratus loans!

Managing Student Loan Debt

Understanding Interest and Capitalization

What is a credit report and why is it important when applying for Stratus Loans?

A guide on how to formulate a plan based on borrowing and repaying

Understanding Private Student Loans and How Stratus Can Help You!

Managing Your Student Loan Tax Benefits and Forms To Save You Money

You Just Closed On Your Loan or Thinking About Closing On Your Loan With Stratus: How to Pay it Off FAST

Student Pilot Financial Basics: Start Here to Understand Financing Your Student Pilot Loans

How Stratus Works With Flight Schools to Achieve Their Students’ Aviation Dreams

Six Opportunities Await You If You Become a Pilot in the US

Federal Reserve Rate Increase Explained and How You As A Student Will Be Affected

A Quick Guide on the Types of Pilot Certifications in the US

You need this CREDIT SCORE to get approved for a private student loan

School Partnerships at Stratus

Student Loans – What You Need To Know