Financing

UK students: We are now approved for Career Development Loans!

The Bank of Montreal offers an exclusive student line of credit program in order to help finance their educational expense. For further information on student products or services please contact the branch location in Montgomery, by telephone @ 1-800-665-9665 or online www.bmo.com

Student Loans for Canadians
Funding may be available for students, especially those enrolled in flight training on a full-time basis may be eligible for financial assistance through Manitoba Student Assistance Programme

Students outside of Manitoba visit www.canlearn.ca for student loans in your province.

At this point there are no student loans available to students outside of Canada.

Scholarships

Revenue Canada Tax Information

INCOME TAX PROCEDURE
PLEASE NOTE: Revenue Canada has recently been requiring proof of enrolment in the Commercial Pilot Licence program before allowing a deduction for the hours under the Private Pilot Licence. 

A letter confirming enrollment in the CPL is available to students actively pursuing a CPL (i.e. a Category I Medical, or enrolment in Commercial Ground school, or working towards a Night Rating or actively completing the dual requirements of the CPL).

Students are reminded that all deductions taken are the responsibility of the person claiming the deduction on their tax return.

TUITION TAX CREDIT
This interpretation bulletin published by Revenue Canada, contains information on what parts of your flight training may be tax deductible (i.e., what parts may be considered "tuition").

TUITION FEES CERTIFICATE - FLYING SCHOOL OR CLUB TL11B 
This is the tax form you use to record and claim your flight training credit.