L3Harris Flight Academy

SOURCE OF FUNDING
Financial Aid Programs for those who qualify.

Unlike many flight schools, L3Harris Flight Academy is approved to offer FINANCIAL AID THAT COULD
Federal Financial Aid. Federal Financial aid is student aid from the US
Government that could cover up to 100% of the cost of flight training,
COVER UP TO 100% OF YOUR
for those who qualify. FLIGHT TRAINING COSTS!
L3Harris Flight Academy is approved to offer the following types
of Financial Aid:

FEDERAL PELL GRANTS L3HARRIS FLIGHT ACADEMY’S

>> Unlike a loan, Federal Pell Grants do not have to be repaid FAFSA SCHOOL CODE IS:

>> Usually are awarded only to undergraduate students who have not earned a
bachelor’s or professional degree

041571
>> 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 students expected family contribution
(determined by the information reported on the FAFSA)

FEDERAL DIRECT STAFFORD LOAN PROGRAM

>> Loans from the William D. Ford Federal Direct Loan Program
>> Low-interest loans for eligible students to help cover the cost of higher education
>> Eligible students borrow directly from the U.S. Department of Education
>> Subsidized and Unsubsidized Stafford Loans are available for those that qualify

>> FEDERAL DIRECT PLUS LOAN - FOR PARENTS

>> Parents of dependent students may apply for a Direct PLUS Loan to help pay for
their child’s education expenses as long as certain eligibility requirements are met
>> Maximum loan amount is the cost of attendance, minus any other financial aid received
Note: To apply for Federal student aid, students must complete the Free Application for Federal Student Aid (FAFSA)
form. www.fafsa.ed.gov

L3Harris Flight Academy Scholarships

The L3Harris Flight Academy Scholarships are available to prospective cadets that meet the
eligibility and entry requirements and are looking to fulfil their ambitions of becoming a pilot.
Successful candidates may be awarded up to $35,000 towards their training with L3Harris
Flight Academy, dependent of the selected scholarship.

>> L3Harris High School Senior Merit Scholarship – Selected students may be awarded
up to $35,000
>> L3Harris Pilot Pathway Women Aviator Scholarship – Selected candidates may be
awarded up to $10,000
>> L3Harris Aviator Scholarship – Eligible candidates may be awarded up to $10,000
>> L3Harris Veterans Scholarship – Eligible candidates may be awarded up to $15,000
Private Finance Options
There are various ways L3Harris cadets can finance their pilot training and we understand that the right option will be different from person
to person. Our Financial Aid Officers can help you identify and apply for the support that best suits your current situation and requirements
including from some of the following private finance options.

Wells Fargo Collegiate®
private student loan
A Wells Fargo Collegiate® student loan may
help you pay for the costs associated with
your professional and commercial flight
training program.1
For more information you can call
1-877-451-5039 or visit
wellsfargo.com/student/collegiate-loans/
1 Wells Fargo private student loans are subject to credit
qualification, completion of a loan application/consumer
credit agreement, verification of application information
and, if applicable, a self-certification form, the school’s
certification of loan amount, and the student’s enrollment
at a Wells Fargo-participating school.
Fort Morgan State Bank
slfc.com/slfcPresentationTier/Aerosim
+ 1 800 592 1270 >> Aggregate limit of $56,000
>> Loan may cover up to 80% of total cost
of education
>> 20 year repayment term
>> Defer total repayment until 6 months after
leaving school
>> Must pass credit and income criteria
>> L3Harris Airline Academy loan 1606, Title 10 USC
qualification screening required
>> Interest rate is 7% plus 90 day libor
American Airlines Credit Education Loan Kentucky Advantage Education Loan
aacreditunion.org + 1 800 533 0035 kheslc.com + 1 800 988 6333
>> Must be an eligible member of American >> Kentucky residents attending out-
Airlines Credit Union of-state schools
>> Membership is open to anyone working >> No fees, unless postponed repayment
in the Air Transportation Industry and plan is chosen (3%)
their families >> Borrow up to total cost of education
>> Must pass credit criteria >> 15 year repayment
>> Can borrow up to $40,000
Alaska Supplemental Education Loan (ASEL)
>> Repayment up to 10 years
Alaska Family Education Loan (FEL)
acpe.alaska.gov + 1 800 441 2962
We Florida Financial (WeFly)
wefloridafinancial.com + 1 954 745 2400 >> Alaska residents attending out-
of-state schools
>> Must be Florida resident or a member
>> Loan limit of $10,000 per year
with AOPA
>> Can borrow up to $30,000
>> Repayment term: 10 years
>> 6-year repayment term
Veterans Administration
New Jersey Class Loan
benefits.va.gov + 1 888 442 4551
hesaa.org + 1 800 792 8670
>> Flight Training is available to eligible
>> NJ residents attending out-
veterans and reservists under Chapter
of-state schools
30, 32, and 33, Title 38 USC and Chapter
>> Must pass credit criteria
>> Borrow up to total cost of education
>> L3Harris Airline Academy is considered to be
>> Repayment terms 10, 15 or 20 years
a “Vocational Training Institution” by the VA

>> 1 % loan fee (added to loan amount) Vermont Advantage Student Loan >> Montgomery GI Bill (Chapter 30
VSAC.org + 1 800 642 3177 reimbursed up to approximately 60%
>> Co-signer release option
(not including Private rating)
>> Vermont residents attending out-of-state
AOPA Flex Finance Loan schools >> Post 911 GI Bill (Chapter 33) -
finance.aopa.org/flex-aviation-loan reimbursed the annual limit (contact our
+ 1 800 627 5263 >> Borrow up to total cost of education
Financial Aid Department for the current
>> Must apply with a credit-worthy co-signer years limit)
>> Maximum loan amount: $100,000
>> Co-signer release may be available upon >> Not eligible for housing allowance or
>> 7 year maximum to repay, payments
request to borrowers who meet VSAC’s book stipend
begin as soon as funds are disbursed
credit criteria after 48 months of active
>> International students that can show repayment Florida National Guard:
two years of U.S. tax history in the Education Dollars for Duty (EDD)
>> Origination fee based on co-signer’s credit
U.S. are eligible to apply, if you do
not meet this requirement a >> 15 year repayment >> Florida EDD program is available to Florida
cosigner would be needed that does National Guard Soldiers and Airmen
>> If eligible, EDD can only be used towards
approved courses at L3Harris

For further details please contact an Admissions Officer:

USAdmissions.cts@L3Harris.com + 1 800 U CAN FLY
L3CommercialAviation.com/USA
Orlando Sanford International Airport,
2685 Flightline Ave, Sanford,
FL 32773 USA