There are no government student loans available for the Private Pilot Licence.
The Club recommends that students pursuing private financing consider a Student Line of Credit set up through a bank or credit union to ensure they are paying for only the funds utilized. We have found this is a more economical source of financing than a conventional loan where the funds are advanced up front. The Pacific Flying Club, through the Royal Bank of Canada, has established a Student Line of Credit. Contact Jibran Qazilbash, Carley Chesham or Terence Woo at the Ladner Branch for more information.
All flying is on a pay as you go basis, with no requirement for large deposits up front. Students are expected to keep a credit card in our electronic vault or a minimum $500 in their account at all times.