You pay at our low training rates only after you have flown or had ground instruction and you only pay for the actual time spent flying or in ground instruction, again there are no hidden charges. There are several reasons why we do not accept money into block rate accounts. Just about everyone has a bank and that is their purpose to manage and protect your money. We are a flight school and our purpose is to teach you to fly!
Here are some real world examples of why we don’t have block rate accounts or accept advanced payments for our flight training.
I was involved with the largest helicopter training company in the US that went bankrupt, leaving myself and about 2100 other students, with a huge training bill for hours never flown, but long spent by the school.
I have trained two students who both lost several thousand dollars when their previous flight school went out of business and they lost all of their money in a block rate account. These were well established flight schools that had been in business for years.
We have trained other students who felt they were getting sub-standard training at another school and did not want to continue training there. They could not get their money out of their block rate accounts unless they were ready to forfeit from 20% all the way to 100% for some schools. They had two choices, loose a percentage of their money, or continue to get their sub-standard training until they had flown their accounts to zero.
Our words of advice – Never give any flight school 100% of your money for training up front. Only deposit with them what you are willing to lose should something happen to the school.
California has recently passed a law AB-48 to try and protect student’s money from the above scenarios.
Full text of Assembly Bill 48 (AB-48) as signed
California Private Post-Secondary Education Act of 2009