[Jacksonville, Florida, March 3, 2022] – Sterling Flight Training has launched new flat-rate tuition pricing for their career pilot training program and has partnered with the Meritize platform to provide student pilots an innovative new financing option to pay for the course.
Meritize provides low-interest loan options that cover up to 100 percent of the program cost and are fully deferable while completing flight training. As the aviation industry faces a projected global pilot shortage, Sterling hopes this new program will remove financial barriers for students and increase the number of applicants entering this in-demand career field. With financing secured, students can focus on completing flight training quickly and expect a high return on their investment upon obtaining successful employment as a professional pilot.
“Our focus the last couple of years, despite the pandemic, has been to expand our flight training capabilities and grow Sterling into one of the top flight training schools in the US,” said Wayne Heller, CEO of Sterling Flight Training. “We’ve applied decades of airline experience to our curriculum, invested in new equipment, and launched degree programs to bring the next, much-needed, generation of professional pilots quality training. This new partnership with Meritize allows us to expand these offerings to more students by easing the financial burden of flight training and making it more accessible to promising young pilots”.
Unlike traditional lenders that rely solely on FICO scores, and other financial records to determine whether to lend to an individual, the Meritize platform considers the full depth of an individual’s academic or military achievements to enhance credit evaluation and potentially improve loan options.
Because the new financing option considers previous academic or military experiences, merit-based financing may provide a significant source of financial and credit assistance for students who are self-financing their pilot certificates and ratings.
Visit sterlingflight.com for more information about this financing option.
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About Sterling Flight Training
Sterling Flight Training, a portfolio company of Wexford Capital LP, is Jacksonville’s premiere flight school, offering programs from private pilot to professional pilot. Backed by a team of airline industry veterans with more than 100 years of combined aviation experience, the Sterling team has led the training initiatives for thousands of airline pilots across the US. Students receive training they can trust with safety always top of mind. The school is FAA and VA approved, and offers degrees through both in-house training programs and university affiliations. For more information, visit sterlingflight.com.
*Sterling Flight Training does not endorse a particular lender, nor is it affiliated with Meritize Financial, Inc. (“Meritize”) or the Meritize Platform.
Meritize Lending, LLC, NMLS ID 1661035 (NMLS Consumer Access https://www.nmlsconsumeraccess.org/)
Meritize Financial, Inc. NMLS ID 1986399 (NMLS Consumer Access https://www.nmlsconsumeraccess.org/)
Terms and Conditions apply. Meritize branded loan products are educational loans issued by Meritize Lending, LLC**. Meritize reserves the right to modify or discontinue products and benefits at any time without notice. To qualify, a borrower must be a U.S. citizen, permanent resident or hold an Employment Authorization Document and meet Meritize’s underwriting requirements. If approved for a loan the actual loan amount, term, payment, and APR amount of loan that a customer qualifies for may vary based on credit determination, state law and other factors. Meritize does not warrant or guarantee any claims made herein, including, but not limited to, gaining admission to a program, concerning the quality or financial strength of any educational institution, securing funding or obtaining employment. Our final loan offer may differ as a result of the school chosen and the associated cost of tuition. Not all schools are eligible for funding. Meritize does not offer educational loans in the following states: IA, IN, KY, ME, MI, ND, NV, SD, VT, WI, WV, WY, PR. All rights reserved.
**For residents of SC, loan is made by Meritize Financial, Inc.
For media assets or to schedule an interview please contact Ashley Roy, Director of Branding and Communication, aroy@sterlingflight.com
