We are committed to ever-widening access to pilot training and a flying career for those who demonstrate the talent, passion and motivation to become a pilot. We work with independent organizations and airlines to offer innovative finance solutions and support.
Funding solutions from L3
Passing L3's United Kingdom selection process unlocks Training Sponsorship opportunities that are available on United Kingdom course programs only. This includes our Training Security Bond solution and Performance Protection.
Training Security Bond
Airline Placement Limited (APL), a subsidiary company of L3, provides Training Sponsorship for basic and intermediate phases of pilot training, excluding the initial foundation element of the basic phase.
L3 Training Sponsorship represents a significant investment. To mitigate the risk to APL (the sponsor), you will be required to deposit a Training Security Bond of £69,000 which will be held by APL.
We provide a unique opportunity for your Training Security Bond to be repaid to you over a period of 7-9 years by participating airlines once you are fully employed by a partner airline.
Please note: The Training Security Bond is not payment for training. United Kingdom only and airline specific.
L3's Performance Protection provides you with peace of mind throughout training – its our commitment to you that by passing our selection process, we believe you've got the 'right stuff' to make it as a commercial pilot, and we'll go the extra mile to get you there.
L3 Performance Protection includes – and covers the cost of:
- ALL additional training (if required)
- ATPL ground examinations and flight skills tests (and any retesting), including aircraft and UKCAA fees
- UKCAA regulatory fees (first retest) for ground examinations and flight skills tests (CPL and IR)
- Refund of any monies deposited by you to secure your Training Sponsorship should we cease your training due to your skills falling below the minimum competence required for professional pilot license issue, less a deductible of £5,000
Please note: United Kingdom only
Independent funding solutions
Optimum Credit Pilot Funding
Optimum Credit is the United Kingdom's market leading provider of second charge mortgages and is working with L3 to provide funding solutions to support your pilot training.
About Optimum Credit Mortgage
- Loans are offered up to £250,000 to cover both tuition and living costs, subject to status
- Loans are offered to United Kingdom and European Union nationals with rights to reside in the United Kingdom, and secured against a residential United Kingdom property
- Loans are repayable over a period of 3 to 25 years
- Representative 4.9% APR (variable)
How to apply
Students with an offer can submit an application online up to six months prior to course start, and if accepted, opt for the loan to be issued before your studies commence. Typically, funds are normally available in 15–20 days from the point of application.
L3 will be required to verify your acceptance to the course before any funding is released; this will be completed after you have executed and fulfilled the prerequisite requirements set out in Cadet Training Agreement.
Find out more
To find out more about applying, contact Optimum Credit on 0808 1969 622 or via email on firstname.lastname@example.org You can also find out more information about Optimum Credit Ltd on their website.
Think carefully before securing other debts against your property.
Your property may be repossessed if you do not keep up repayments on your mortgage.
Many airlines choose to provide benefits in our airline programs. This could include, for example, a conditional offer of employment before training begins or an offer to provide loan underwriting to cover some or all funding required.
Any additional enhancements vary between airline and program.
Full details are provided in each program featured in our career programs section.EASA pilot training courses
Thank you for your interest in one of our career programs.
If you are ready to submit you full application please complete the form here
Altenatively, you can start your application process by completing the shortened form below.
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