The News section provides newsworthy events and other useful information. News Media--Hub City Aviation grants approval to use all graphics and text media contained in this section for publication.
Hub City Aviation is proud to announce that our aircraft fleet has grown to eight. In April N169SR, a brand new 2007 Cirrus SR-20 G2, joined our fleet. This airplane is equipped with a full Avidyne Glass Panel, two Garmin 430's, STEC System 55 Autopilot, XM Weather and Radio, 157KTS TAS. This airplane requires 10 hours Make and Model or a Cirrus Approved Transition Course. In addition, private pilot license and 150 TT is required. Please visit Hub City Aviation now to get checked out in this great aircraft!
After almost 6 months off for refurbishment, N828MC has returned to service with a whole new look, and more! The aircraft returns with a new engine and prop, new wing tips (no more droopy tips) with Boom Beam landing lights, a new leather interior, and new paint job. This plane is truly outstanding!
Hub City Aviation is proud to announce the arrival of our very own fuel trailer. The addition of this fuel trailer means that there should be no delays for fuel between lessons, now that all of Hub City Aviation's fuel will be kept on campus. This should greatly improve turn around times for lessons and allow Hub City Aviation students and instructors to be where they need to be--in the air!
Come out to Hub City Aviation and take advantage of special pricing on the Aviation Instrument Simulator. For $100.00 per session students can fly up to six approaches, intercept and track radials, and preform holding maneuvers under the supervision of Hub City Aviation's flight instructors. The simulator allows the student to take as much time as he/she needs. This is an opportunity to become instrument current for less than the cost of 1 hour in the airplane. Call today to schedule!
Hub City Aviation has been approved as a pilot school under part 141 of the Federal Regulations. This means that Hub City Aviation has been evaluated by the FAA for compliance with all regulations and submitted the Hub City Aviation course curriculum for review. The key benefits to Hub City Aviation students include more financial aid and a more structured teaching environment. Check back for future details!
Hub City Aviation publishes a monthly E-mail newsletter. The newsletter is packed full of school announcements, safety issues, and upcoming events. To publish an article or to request that a topic of interest is discussed, please contact the editor at louie@hubcityaviation.com for submission information.
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Hub City Aviation has been approved by the Department of Veterans Affairs to provide flight training to Texas Veterans. Under this new program, veterans who are eligible for the GI Bill can use their benefits to obtain the Instrument rating, Commercial Pilot, and CFI. The GI Bill will pay for 60% of flight training. Please contact Hub City Aviation at 806-687-1070 for more details.
Hub City Aviation is proud to announce that we have signed an affiliation agreement with South Plains College for our 141 ground schools. Beginning in the Spring 2005 Semester Hub City Aviation began offering Private Pilot and Instrument Ground School. The Private Pilot course is offered on Wednesday nights and the Instrument course is offered either Monday or Tuesday evenings. All courses last from 6PM-9PM. The tuition and fees are $300.00, which includes the fee for the FAA written exam. Call Hub City Aviation at 806-687-1070 to learn more!
Interested in an A.S. or B.S. degree? Students who attend Hub City Aviation can now obtain an A.S. or B.S. degree in Aeronautical Studies. We have partnered with Utah Valley State College (UVSC) to provide the flight training component for a degree that is conferred by UVSC. Financial aid is available for those who qualify. Call Hub City Aviation at 806-687-1070 for more information.
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Finance your continuing education
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You understand the impact that education or training can have on your future. It can
help you reach your career goals and improve your lifestyle.
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The Career Training Loan SM has been designed specifically to help finance your education or training and can save you money compared with other financing options. It can be used for technical training or trade school, distance learning or other continuing education programs.
The loan is geared to your success and we have made it easy to apply. SLM Financial provides fast decisions and superior customer service.
The primary terms and conditions of the program are explained below. If you have any questions, call us at 888/2-SALLIE (888/272-5543).
Borrower eligibility
You must be a U.S. citizen or a permanent resident and must be creditworthy. Students may
be enrolled full, half-time or less than half-time. If you have no credit or a poor credit history,
you may still qualify for a loan by applying with a creditworthy co-borrower.
Apply with a co-borrower and save
If you have no credit or a poor credit history, you may still qualify for a loan by applying with
a creditworthy co-borrower. That's because when you have a creditworthy co-borrower with
a credit rating that is better than yours, it can lower your interest rates and fees.
After you make 24 consecutive, on-time payments of principal and interest, you may request to have your co-borrower removed from the loan. SLM Financial will then review your creditworthiness and, if you are approved, the co-borrower will be removed. Call 888/2-SALLIE (272-5543) to apply or to receive more information.
Loan limits
The minimum loan amount is $1,000 and you can borrow up to the total cost of the education,
less other financial aid received, for tuition and education-related expenses such as books,
fees, a computer, and living expenses. Up to 60% of the tuition amount is allowable for
expenses, not to exceed $6,000. Terms may vary by school and program. A portion of the
tuition must be financed to be eligible to apply for expenses.
Interest rates and fees
Interest rates are variable (monthly) and are based on the Prime Rate plus a spread. Your
interest rate spread is determined by your and your co-borrower's (if you use a co-borrower)
credit history. The interest rates start at Prime +1% with fees as low as 2% for borrowers
with excellent credit (see
APR examples
).
Repayment term
Repayment begins 30 days after disbursement. With our 15-year repayment option, you can
keep your monthly payments low and affordable (see
APR examples
). You can also prepay
your loan, either in part or in full, at any time to lower your total loan cost, with no prepayment
penalty. Minimum monthly payment is $30 (see
APR examples
).
New deferment option available
Balancing work and education while you are in school can be difficult. For this reason, there
is a new 12-month deferment repayment option for qualified borrowers. During the deferment
period, you will be required to pay only $10 per month (see
APR examples
). This $10
payment will be applied toward the interest that accrues on your account during the
deferment period. Unpaid interest will be added to your loan amount (capitalized) at the end
of the deferment period. You will then pay interest on a higher amount. Terms may vary by
school. Deferment available for most programs.
This new deferment option lets you focus on your studies rather than your loan payment while you are attending school. And afterwards, you may still have up to 15 years to repay.
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