Tuesday, June 24, 2014
ULA Announces Partnership with Lending Resources
Source: Upper Limit Aviation
Upper Limit Aviation (ULA), a helicopter and fixed wing aircraft flight training program, has announced a partnership with Lending Resources to offer ULA students private student loan products to finance their professional aviation training and education.
Designed to supplement other student sources of capital, the partnership with Lending Resources allows select ULA aviation students the ability to cover 100 percent of their total education expenses.
The variable rate loan is competitive and fully deferred while the student is enrolled on a full time basis, and includes a grace period of 12 months following graduation before repayment begins. No current income requirements apply and students may prepay their loans at any time without penalty. Loan applicants receive clearly presented disclosures explaining Lending Resource repayment terms and estimating total costs so that they can make informed borrowing decisions affecting their financial future.
ULA has flight schools located in class Bravo (B) airspace; one at the Salt Lake International Airport and the other located at Memphis International Airport. The other ULA flight school locations are with Cedar City Regional Airport, and St George Municipal Airport. The program trains in Robinson, Bell and Eurocopter helicopters, which meet all industry standards; ULA Fixed Wing students train in the Cessna, CubCrafters, Tecnam and Beachcraft airplanes.