Financial Assistance / Funding
Students will either be funding their own training, usually having secured bank or parental support, or, will have been selected by an airline for full or part sponsorship.
As of June 10, 2005, Employees Provident Fund (EPF) contributors may now use their savings in their EPF Account II to fund and finance their own or their children's pursuit of the Commercial Pilot Licence with Instrument Rating (CPL/IR) Course. Please refer to the EPF website (www.kwsp.gov.my).
MARA also provides sponsorships to students pursuing Commercial Pilot License Course with effect from April 2008. Please refer to the MARA website (www.mara.gov.my).
PTPTN has approved Asia Pacific Flight Training Sdn Bhd (APFT), to be on their list of private education institution. APFT students are now eligible to apply to PTPTN for their financing, subject to eligibility and terms and conditions set by PTPTN. Please refer to the PTPTN website (www.ptptn.gov.my).
Bank Rakyat has approved APFT as one of their panel. APFT students are now eligible to apply loan for their financing, subject to eligibility and terms and conditions stipulated by Bank Rakyat. Please visit the nearest Bank Rakyat branch for further details.
For those selected into the Javelin programs, Javelin Air Services will fund at least 25% and up to 50% of your flight training costs for the full set of commercial rating. Javelin's matching funds are provided in the form of a tuition assistance program. For more information, visit: www.flyjavelin.com