Tag: SplitIt

At $6 – 8 per minute in the aircraft, aviation training can seem expensive. There are a number of ways to save on money, and here’s we’ll focus on training efficiency. Training efficiency means two things. Firstly, you save money. Secondly, it means you can sooner achieve competency and minimum course requirements – which means you save time! For your entire aviation journey, recreational or professional, it’s important to ensure you’re getting the most out of your money.

So, let’s answer a question – how do I undertake my flight training more efficiently?

Preparation Is Key

When you’re in the cockpit and paying by the minute, you can make every second count by preparing for the lesson. On YouTube alone, there are video explanations and tutorials for almost every facet of flying. If you speak with a student who completed their course 10 or 20 years ago, they’ll tell you that the volume of educational content available to you today far outweighs what was available to them. If you’re unsure about a topic, such as how lift is generated, a brief Google search will provide you with a clear explanation at your fingertips.

To help our students train more efficiently, we have created free aviation training videos in English and Cantonese on our YouTube Channel – check it out!

Lesson Video Briefings

For our Recreational Pilot Licence (RPL) and Private Pilot Licence (PPL) students, Learn To Fly provides a video briefing before each lesson. The briefing gives them an understanding and expectation of what they will be doing in the lesson, prior to their arrival at Learn To Fly.

For example, if they are going to undertake a Climbing and Descending lesson, they need to understand why the aircraft can climb and descend, and what they need to do in the aircraft during climbs and descents. By watching the video briefings and searching through learning content, they have more time to prepare for the lesson and absorb the information. This also means that there’s less to try to absorb and understand on the day, which means they can focus on the tasks at hand.

By focusing on the tasks at hand, they can learn and master skills more efficiently. If you think about it, anything you can learn outside of paid time (classroom or cockpit) means you save time and money during your lessons!

Video Tutorials

In addition to coursework and curriculum-based content, we also cover other video topics to help you with efficiency with your experiences in and around Learn To Fly. For example, we have videos that discuss and present the Moorabbin Airport Inbound and Outbound procedures, how to refuel the aircraft – we even have videos showing how to conduct a pre-flight check for every aircraft in our fleet!

Online Theory Courses

In addition to our video tutorials and lesson briefings, we have more in-depth course information in our Online Theory Courses. These are online aviation training courses we have tailored towards students who are completing training for their RPL, PPL, CPL and Instrument Rating.

We understand that it’s hard to make the time for theory and training each week, particularly those with commitments such as a full-time job. So, we have created the Online Theory Courses to allow students to focus on their theory lessons anytime, anywhere!

What Else Can Help Me With My Aviation Training, Managing Costs and Efficiency?

We’re glad you asked! Depending on your aviation goals, there are lots of considerations – but we have produced a number of easy-to-read tutorials to walk you through these options and considerations. Here are some other topics that are worth exploring to help you out. As always, you can reach out to us anytime at Learn To Fly – we’re here to help!

1. The Benefits of Online Flight Training Courses
   Read about saving by completing your aviation theory online.
2. 
   Split Your Flight Training Costs into Interest-Free Instalments from Learn To Fly and SplitIt
   Balancing the financial aspect of studying can be a big task. Here, we’ll talk you through an interest-free option to assist with your education.
3. 
   Aviation Schools in Melbourne: Why Learn to Fly is Your Best Bet
   The aviation school you choose will make a big difference to your aviation journey. Here’s why you should learn with the best!
   
4. Learn To Fly: Flight Training Courses For Every Pilot
   Whether you’re looking at recreational or commercial aviation, we have a course for you. Here are the pathways and career options for pilots operating in Australia.

Top Tips to Prepare You for Solo Flight Training
We cover the best advice to get you solo – read on for everything you need to know!

Chat to one of our flight training specialists to get your pilot training off the ground. Email [email protected] or go to https://drift.me/learntofly/meeting to book a meeting and school tour.

If a Commercial Pilot Licence (CPL) is your aviation goal, you might be sitting there wondering ‘how do I pay for my CPL flight training?’. In the last article, we covered the flight training cost options for RPL and PPL, but here in ‘Part 2 – CPL’ we’ll answer your question with options on how to pay for your Commercial Pilot Licence. Here goes!

How Much Will My CPL Cost?

You should be thinking in terms of around AUD$80,000 for your Commercial Pilot Licence.

Is ‘There A Buy Now, Pay Later; option?

In Part 1 where we looked at RPL and PPL payment options, we explored the ‘Buy Now, Pay Later’ model where Learn To Fly has partnered with Splitit to provide financial flexibility. This means students can spread payments over multiple months, without incurring interest. The limit on the Splitit option is AUD$20,000, so it won’t cover the full cost of your CPL training. That being said, there is another way of paying for your CPL flight training through the VET Student Loans program.

Paying with a VET Student Loan

Vet Student Loans (VSL) is an Australian Commonwealth Government loan program that provides eligible full fee paying students with assistance in paying their tuition fees for approved courses of study. This allows students to obtain qualifications, and then gradually repay the loan over time whilst working in their chosen career. Read more about it, here.

As Learn To Fly Melbourne is an approved VET Student Loans provider, we offer VET Student loans for all our Diploma programs. We do this with the goal of enabling financial assistance to prospective pilots – like you! Our Diploma of Aviation (Commercial Pilot Licence – Aeroplane) covers all of the training that you need to complete your CPL.

What Other Training Can I Do Under VSL?

The limit of a VET Student Loan is $83,949 (2023) for one approved course, or $162,336 (2023) in total if you are completing more than one eligible AVI course. For example, you could complete your Commercial Pilot Licence (AVI50222 Diploma Of Aviation (Commercial Pilot Licence – Aeroplane)) and you could also complete your Instrument Rating (AVI50519 Diploma Of Aviation (Instrument Rating)).

The AVI50519 Diploma of Aviation (Instrument Rating) course combines multi-engine and instrument training, which is a compulsory requirement for many aviation careers, including that of an airline pilot. The syllabus offers Multi-Engine Class Rating and Multi-Engine Instrument Command Rating (MECIR) training, which is completed in both simulators and real aircraft.

How Do I Check My Eligibility For a VET Student Loan?

To be eligible for a VET Student Loan, you must:

• – Be an Australian Citizen or
• – A New Zealand Citizen with a Special Category Visa (SCV) or
• – A Permanent Humanitarian Visa holder who will be residing in Australia for the duration of the – course
• – Be studying a VET Student Loans eligible course
• – Meet student entry procedure requirements
• – Meet Tax File Number requirements
• – Present Unique Student Identifier (USI) number
• – Have not exceeded your HELP loan limit
• – Have not exceeded the VET Student Loans course cap
• – Submit a request for a VET Student Loan via the Government’s eCAF System (including all required information) on or before the first census date and no less than two (2) business days after enrolling
• – Confirm engagement and progression to continue to access the loan throughout the course

You can assess your eligibility using the eligibility tool, here.

What Else Is Worth Consideration?

As well as the financial implications, it’s important to make sure you’re well-informed before you undertake your CPL flight training. Here are some other topics that are worth exploring to help you achieve your aviation goals:

1. FAQs About Obtaining Your Commercial Pilot Licence
   Find answers to the most commonly asked questions from former CPL students.
2. 
   The Benefits of Online Flight Training Courses
   Read about saving by completing your aviation theory online.
3. 
   Flight Schools in Australia – How Do I Choose the Right One?
   Make sure you’re choosing the best flight school to achieve your aviation dreams.
4. 
   Aspiring Career Pilots – Here’s Why You need a Diploma of Aviation
   If you’re looking to fly commercially, this is a great place to learn about course options.
   
5. How to Become an Airline Pilot in Australia
   Understand the pathways and career options for commercial pilots operating in Australia.

Chat to one of our flight training specialists to get your pilot training off the ground. Email [email protected] or go to https://drift.me/learntofly/meeting to book a meeting and school tour.

It’s always the big question for future pilots – how do I pay for my flight training? In this article, we’ll cover RPL (Recreational Pilot Licence) and PPL (Private Pilot Licence). If you’d like to know about CPL (Commercial Pilot Licence), then stay tuned for Part 2!

Flight Training Costs and Factors

If you’re in the planning phases for your flight training, it’s really important to know and understand the costs and affordability of flight training and pilot licences. First and foremost, your type of pilot licence is the first factor in the cost. This means it’s important to know what pilot licence you are aiming to achieve and what your goal is. Your goal options are RPL, PPL or CPL. Let’s take a look at some costs:

1. Recreational Pilot Licence (RPL) will cost around AUD$13,000 – $15,000.
2. Private Pilot Licence (PPL) will cost AUD$30,000 – $33,000.
3. Commercial Pilot Licence (CPL) will cost around AUD$80,000. We’ll cover this one in our next article.

Keep in mind that this pricing is a simple reference guide. Considerations that can influence the price include the aircraft you choose to train in, the school you fly with and also your own training performance. You might check off training elements within the minimum hours required, but sometimes you might require additional hours to master a certain aspect of aviation – it is all competency-based.  

If your goal is to fly for fun, then an RPL or a PPL are great options. But what if you don’t have $15,000 for RPL or $30,000 for PPL – what do you do? The good news is there are a few options to provide you with flexibility so that you have answers to ‘how do I pay for my flight training’?

Option 1:  Pay As You Go

This is a common option because it’s very convenient. If you have a full-time job and other commitments, it might mean you can train once every week or fortnight. This means your training gets spread out a bit, which can help your cash flow. Rather than paying for your RPL or PPL up-front, you can pay for lessons and training as you complete them. This means you might be paying less than AUD$1,000 per month, which makes the cost much more affordable.

Option 2: Fly Now, Pay Later

Perhaps you have the time to train more frequently, but you don’t have AUD$15,000 or $30,000 available to pay up-front. We have a ‘Buy Now, Pay Later’ (BNPL) option that means you can pay for your training in bite-sized instalments. To offer this option, we have partnered with Splitit. Splitit will cover up to AUD$20,000 of your flight training.

What is Splitit?

You can choose SplitIt as the payment method, and split the total cost into 2- 6 equal instalments.

You will need to have enough credit available on your credit card (or have that total available on multiple cards). Splitit is our partnered ‘buy now, pay later’ (BNPL) solution provider. They let customers split payments into manageable portions using VISA or Mastercard – without paying interest.

SplitIt is a bit different to other BNPL providers in that they use your existing VISA or Mastercard credit card levels to cover payments. This means that you don’t need to be pre-approved for a line of credit in order to split your flight training into smaller portions.

For example, you can arrange a ‘buy now, pay later’ option for an RPL Sling Aircraft Training Package, which totals $12,395. This would be portioned into 4 x monthly instalments of $3,099. If you have one month’s holiday and want to complete more training during that month, you can pay for your training via Splitit, train as much as you want, and then pay them later.

It’s a great option for spreading out the cost, without incurring interest. Read more about this option here.

What Else Is Worth Consideration?

We’ve produced a number of blogs to help make flight training understandable and accessible. Here are some other topics that are worth exploring to help you achieve your aviation goals:

1. The Benefits of Online Flight Training Courses
   Read about saving on training costs by completing your aviation theory online.
   
   Flight Schools in Australia – How Do I Choose the Right One?
   Make sure you’re choosing the best flight school to achieve your aviation dreams.
   
2. Get a Feel for Flying with a Trial Introductory Flight
   A trial flight is the best place to start if you’re unsure. This means you can jump into an aircraft with an instructor and make an informed decision about your options. It’s a great option before you commit to ongoing training!
   
   FAQs About Obtaining Your Recreational Pilot Licence (RPL)
   If your goal is to gain your RPL, then this is a great article to answer the most common questions asked by former RPL students.
   
3. What is the Difference Between RPL and PPL?
   Understand the difference between a Recreational Pilot Licence and a Private Pilot Licence, to help make a decision about what is best for you.

To find out more about how to pay for your flight training, or to find out about our flight training courses, email [email protected] or visit https://drift.me/learntofly/meeting to book a meeting and school tour.

You can get more pilot flying tips by subscribing to our YouTube channel. We have RPL/PPL flying lessons, aircraft pre-flight check videos, and more. Click the button below to subscribe!

Want to make learning to fly more affordable? Split your flight training costs with interest-free instalment payments at Learn To Fly!

Flight training can be an expensive process, especially if you are looking to obtain a Commercial Pilot Licence (CPL) and make flying your career. At Learn To Fly, we are committed to making flight training more affordable and accessible to more people. This is why we have introduced SplitIt, which allows you to split your flight training costs over multiple interest-free payments.

What Is Splitit?

SplitIt is a buy now, pay later solution that lets customers split their payments into manageable parts using a Visa or Mastercard, without paying interest.

Unlike another buy now pay later providers, SplitIt uses your existing Visa or Mastercard credit card levels to cover payments. This means you don’t need to be pre-approved for a line of credit in order to split your flight training costs.

How Do I Use SplitIt?

SplitIt allows you to split your flight training costs for courses that cost between $3,000AUD and $20,000AUD. The following instalment options are available based on the cost of the course:

Course Price	No. of Instalments
$3,000 – $6,000	2 Instalments
$6,001 – $10,000	Up to 3 Instalments
$10,001 – $14,000	Up to 4 Instalments
$14,001 – $17,000	Up to 5 Instalments
$17,001 – $20,000	Up to 6 Instalments

If you are making your purchase online via our online store, you can simply select SplitIt as the payment option and you will be prompted to enter the relevant details.

If your course is not available on the website, or you are confirming your enrolment directly through a Learn To Fly staff member, then we are able to set up SplitIt manually for you.

Since SplitIt does not use a pre-approved credit process, you will need to have the entire purchase amount available on your nominated credit cards at the time of purchase. You can choose to nominate more than one different credit card as well if you do not have the total amount available on the one card.

You will pay the first instalment, and then each instalment will be deducted on designated monthly dates.

There is no need to “sign up” to SplitIt. At the point of sale, you will be given login details to the SplitIt portal using your email address, and you can track your instalments through there.

Example – Using SplitIt To Split Your RPL Flight Training Costs

You want to complete the Recreational Pilot Licence (RPL) course in a Diamond DA40 aircraft. The total course cost is $15,700.

1. You can choose SplitIt as the payment method, and split the total cost into 8 equal instalments.
2. You will need to have $15,700 available on your credit card (or have that total available on multiple cards)
3. Your first payment will be only $3,140 ($15,700 divided by 5 and rounded up)
4. You will then pay $3,140 per month on the designated date until the total payment has been made

I think you will agree that being able to split your flight training costs into $3,140 per month is much more manageable than paying $15,700 upfront!

How Much Does SplitIt Cost To Use?

Using SplitIt to split your flight training costs is absolutely free. There are no sign-up fees, and payments are 100% interest-free. SplitIt charges a merchant fee for each instalment, but Learn To Fly will cover that cost.

Whilst SplitIt only requires that you have the entire purchase amount available on your chosen credit card at the time of purchase, you do need to ensure that you have the instalment amount available from then on. If you do not, then the instalment may overdraw your account and result in fees from your bank.

To find out more about how to split your flight training costs with SplitIt, or to find out about our flight training courses, email [email protected] or visit https://drift.me/learntofly/meeting to book a meeting and school tour.