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Monarch Air is proud to partner with Sallie Mae and Key Bank to allow you the opportunity to choose the finance program that best suits your flight training needs. Students can borrow up to 100% of the cost of all flight training including books and supplies. Additional living expense money is also offered by both financial institutions
Both programs have a simple online application process with a quick approval. Once the loan is approved and completed, you can begin flight training immediately. The entire process can be short as 24 hours!
Below is information regarding both financing companies:
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.General Sallie Mae Information:
Additional Information: Program Steps Students may apply by two methods: online application or by completing the paper application. Below is information that is needed for both forms: Online Application - Faster Results To apply online, the following information will be needed to complete the online application process. Please review before attempting to apply:
School: CESSNA - MONARCH AIR - ADDISON TX 75001 Contact Name at school: Trey Sawtelle School Code: 603984 Loan amount requested: Enter the amount needed for your training (cost estimates) and living expenses if needed. Repayment term requested: Up to a maximum of 15 years Tuition amount: The cost for the flight training only (no living expenses) Date classes begin: Enter the date you plan on starting - there are no set class dates. Date classes end: Please use the following chart to determine date:
Graduation date: Use the same date as the 'Date classes end' Additional Expense amount: Estimate of living expenses you request if needed. School Disbursement Dates: Enter the date you plan on starting School Disbursement Amount: Enter the tuition amount
Paper Application 1. Download paper application and print. 2. Complete Section A of the application. A Co-borrower is required if the Borrower is not currently employed. 3. Tuition amounts can be found on the web page under the Resource section for each rating. 4. Sign the completed application at the bottom. 5. Fax or mail the completed application to:
Monarch Air Attn: Trey Sawtelle 4580 Claire Chennault Addison, Texas 75001 Fax Number: 972-692-7927 Further questions or needed information - please contact: Please contact Trey Sawtelle at 972-931-0345 or via email at tsawtelle@monarchair.com.
Contact Information or More Information on Sallie Mae * rates and price dependent on individual credit ratings
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Key Bank - Achieve your dream of flight |
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General Key Bank Alternative Loan Information:
We
realize that aviation training is a significant financial commitment.
Our Key Alternative Loan provides a financing option
that can put your goal of a career in aviation within reach.
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Online Application
To apply online, the following information will be needed to complete the online application process. Please review before attempting to apply:
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Question 2: State of school ocation - Texas
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Question 3: Name of school - Monarch Air Addison
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Next Question: Choose school term - Semester
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Next Question: Enrollment status - At least 1/2 time
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Next Question: Graduation Date - (see chart below)
| Private Pilot Rating | 40 days from start date |
| Instrument Rating | 40 days from start date |
| Commercial Rating | 40 days from start date |
| Professional Phase I Flight Training | 120 days from start date |
| Professional Phase II Flight Training | 30 days from start date |
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Next Question: Academic period - Beginning Summer 2004, End Fall 2004
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Next Question: Loan amount - enter loan amount for desired training
Further questions or needed information - please contact:
Please contact Trey Sawtelle at 972-931-0345 or via email at tsawtelle@monarchair.com.
Contact Information or More Information on Key Back
