Merit-Based Financing - PerMerito Intesa Sanpaolo

Aviomar Flight Academy has partnered with Intesa Sanpaolo bank to offer honor loans for professional flight courses. This honor loan scheme named "per Merito" allows best-in-class future pilots to obtain a unique credit scheme that offers a flexible repayment in two years after the completion of the course. Personal or family guarantees are not required to qualify for this programme.

This exclusive Honor Loan scheme is available for Aviomar’s Integrated ATPL, CPL/IR Modular, APS MCC and Aviomar Type Rating courses commencing from March 2023 and is subject to a merit-based student entry assessment. This honor scheme will allow students to finance up to €50,000 of the course fees at reduced interest rates.

The perMerito loan requires an initial regular payment of the study path by the student followed by the taking over of financial support in the second part of the course. Access and eligibility to this Intesa Sanpaolo loan scheme are regulated and approved by Aviomar on the basis of student performance.

ELIGIBILITY REQUIREMENTS

• Minimum age on enrolment: 18 years old
• Valid residence in Italy
• Passing the admission and progress tests according to the type of course you are enrolled in
• Good knowledge of the English language.

HOW DOES IT WORK?

• While you study - If you meet the eligibility criteria above and are well progressing throughout the course, you will be granted access to a bank account with a credit scheme of up to 5 years. Funds will be released onto this account which you may use in full or partially for the pursuing of your studies.  
• On termination of your course - You may concentrate on finding a job before starting to pay back the loan. You will be allowed a gap-period during which you will not receive any further credit and you will not need to pay back yet the amounts received so far. The interests on the credit received will continue to accrue but you may also wish to start the payback immediately. The gap-period is on your discretion and may last up to two years. 
• After the gap period - You will have to pay back the bank the credit used so far and the interests accrued. You have options from either a personal loan at advantageous rates or a  full single payment refund.  

ACCESS TO THE CREDIT LINE
Access to the per Merito credit line does not require personal or family guarantees. To obtain the first credit tranche, you must complete the progress examinations and internal checks as established by Aviomar Flight Academy.

Disclaimer:
Advertising message for promotional purposes. "Per Merito" is a credit product dedicated to students attending Universities in Italy and abroad, or post-graduate Training Institutions. For the contractual conditions see the Information Sheets available at the branch and on the bank’s website. For more information ask your branch manager or go to the tab dedicated to Merit on the website www.intesasanpaolo.com.