Investing in your future
Cadet Academy cost
Turn key approach
Cadet Academy has been designed to address all of the obstacles associated with a traditional flight training route. We have developed a turn-key approach similar to many colleges. You are responsible for one price. As long as you study hard and pass all of your courses as expected, all costs associated with becoming a professional pilot are covered in that one price.
The majority of flight schools charge students by the flight hour, meaning students all pay different amounts, based on their learning speed. Cadet Academy is different in that it offers a set course cost for the completion of each step. This fixed cost method provides you with the highest quality training and eliminates surprise costs.
Partner schools
Each of our partner schools have slightly different tuition driven by different training aircraft and location. Regardless of which school you select, you will receive a consistently high level of training.
The price of the program includes materials, uniforms, and all training (for those who maintain satisfactory academic progress). The cost of housing and meals can be added if necessary, up to the aggregate borrowing limit of each loan ($120,000 for AAFCU or $110,000 for Discover). Cadet Academy is designed to avoid any unforeseen expenses.
Loan program
American Airlines Federal Credit Union
American Airlines has created partnerships with two financing institutions: American Airlines Federal Credit Union and Discover Student Loans. They each offer a unique financing opportunity for American Airlines cadets.
To qualify for either of these loan options, you must be enrolled in the Cadet Academy. You must meet certain credit requirements. The credit decision is determined by your credit worthiness including your credit score, credit history, and other factors.
American Airlines Credit Union is pleased to partner with the American Airlines Cadet Program in helping prospective pilots pursue their dream job. They’ve been supporting American Airlines for more than 85 years and look forward to the opportunity to work with you and watch your career take flight. American Airlines Credit Union is the official credit union for American Airlines and their families. As a member of the Credit Union, you not only get their tuition assistance as a cadet, but you get membership benefits for life. Some of the benefits of working with the credit union include:
- Cadet student loans up to $120k with variable or fixed rates
- Low rates
- Cosigner allowed (if your credit needs a boost)
- No Application Fee
- No Servicing Fee
- No prepayment penalty
- Rate discount available for automated payments (.25%)
- Payments do not begin until after program completion*
- Personalized Financial Wellness Program that includes access to a Financial Advocate, budgeting solutions, and other financial wellness tools
- Exclusive membership privileges
They can work with you to create a customized financial wellness plan to help your aviation career get off the ground. Learn more how the Credit Union can assist you on your life journey and in pursuing your dream job.
*Assumes satisfactory progress is being made toward program completion.
Discover® Student Loans
American Airlines has worked with our program lender, Discover® Student Loans, to make a Custom Career Loan available to you, which was designed specifically for aspiring pilots who do not have access to traditional loan options for flight training. Once you are accepted into the Cadet Academy, you will have the opportunity to apply for the Custom Career Loan, which offers several great benefits, including:
- No cosigner needed for this loan
- Borrow up to $110,000
- Choice of Variable or fixed interest rate
- Auto Debit Reward – get a 0.25% rate reduction when enrolled in automatic payments
- Zero Fees – that means no application, origination or late fees
- No payments required until 3-months after program completion*
- It only takes minutes to apply
Discover is one of the leading consumer banks in the U.S., focused on helping people spend smarter, manage better and save more to achieve a brighter future. Discover provides information on their website about financial literacy, building and maintaining a good credit history, and debt management. Students can also get information about loan repayment and deferment options.
*You will be required to begin repayment if you cease to be enrolled in the program or are no longer making satisfactory progress in the program, including the up to 18 month instruction period and the up to 24 month hour building period, as reported by your flight school or by American Airlines.