Real Answers from Real Pilots

Fringe Costs While in Training

(Geddy Whalen) #1

When a student is in class, how does s/he pay for fringe things such as groceries, gas money, cell phones, car insurance?

(Michal Halski) #2

Geddy,

That completely depends on the person. If you take out a loan for ATP, they include a calculated / estimated $800 amount stipend per month for personal expenses. Does that mean you have to use all $800? Not at all. Everybody is different. Ill attach a link to the breakdown of ATP’s budget, hope this helps! Cheers.

Michal

https://atpflightschool.com/financing/sallie-mae-application-faq.html

#3

Geddy,

People either save up money or take out an extra monthly “stipend” as part of their loan package. The finance department would have more details on this.

Chris