Managing Your Cadet Loan with Confidence
Access the tools, information and loan support you need throughout flight school and beyond.
Whether you're in training, approaching graduation, or preparing for repayment, we're here with resources, guidance, and support throughout your aviation career.
Managing Your Loan
University Accounting Service (UAS) will service your loan. You may contact UAS with loan questions at (877) 530-9782.
Log into your account to see your balance, review statements and more.
If mailing a payment, send it to:
University Accounting Service, LLC
P.O. Box 5879
Carol Stream, IL 60197
Assistance such as reduced payment or forebearance may be available for borrowers dealing with financial hardship. Please contact UAS to discuss your options.
Understanding Your Loan
Knowing the ins and outs of your loan can help you plan ahead and avoid surprises. The topics below explain key details about funding, repayment, and building good payment habits. (click topics to expand)
Request Additional Funds (Draws)
- You may borrow up to your approved credit limit, which can cover the full cost of your flight training, without reapplying. If your training costs have changed, you can contact us to discuss options.
- To receive additional funds for your training expenses, request a draw from your line of credit by logging into your account with UAS.
- If your financial situation or expenses have changed, call your Cadet Financial Wellness advocate.
Repayment Information & Grace Period
- You may defer required payments until the end of the 27-month grace period following completion of your flight school instructional period. Cadets who are unable to complete their program will receive a six-month grace period.
- Payments made during the instructional period are applied directly to principal.
- Payments made during the grace period are applied first to any fees, then to accrued interest, and finally to principal.
- To discuss or change your repayment options, contact UAS at (877) 530-9782.
Value of Timely Payments
- Making your payments on time helps maintain a positive credit history and protect your credit score. Missing or late payments may negatively impact your credit and could affect your ability to obtain credit in the future.
- Learn more about building and maintaining good credit in our blog, Credit 101 for Young Adults.
Cadet Financial Advocates
Our Cadet Financial Advocates are here to support you throughout flight school and beyond. Under our Financial Wellness program, you'll have access to:
- One-on-one support from a financial wellness advocate to help you understand your options for loan repayment.
- Guidance for what comes next — including building credit, managing your first airline paycheck to saving, budgeting and preparing for future financial goals.
- Tools and resources for every stage of your career journey to help you make informed financial decisions as your income and priorities change.
To reach our Cadet Financial Advocates:
Email: AACadet@AACreditUnion.org
By Phone: (888) 51-CADET
Additional Information
Managing Your Loan
University Accounting Service (UAS) will service your loan. You may contact UAS with loan questions at (877) 530-9782.
Log into your account to see your balance, review statements and more.
If mailing a payment, send it to:
University Accounting Service, LLC
P.O. Box 5879
Carol Stream, IL 60197
Assistance such as reduced payment or forebearance may be available for borrowers dealing with financial hardship. Please contact UAS to discuss your options.
Understanding Your Loan
Knowing the ins and outs of your loan can help you plan ahead and avoid surprises. The topics below explain key details about funding, repayment, and building good payment habits. (click topics to expand)
Request Additional Funds (Draws)
- You may borrow up to your approved credit limit, which can cover the full cost of your flight training, without reapplying. If your training costs have changed, you can contact us to discuss options.
- To receive additional funds for your training expenses, request a draw from your line of credit by logging into your account with UAS.
- If your financial situation or expenses have changed, call your Cadet Financial Wellness advocate.
Repayment Information & Grace Period
- You may defer required payments until the end of the 27-month grace period following completion of your flight school instructional period. Cadets who are unable to complete their program will receive a six-month grace period.
- Payments made during the instructional period are applied directly to principal.
- Payments made during the grace period are applied first to any fees, then to accrued interest, and finally to principal.
- To discuss or change your repayment options, contact UAS at (877) 530-9782.
Value of Timely Payments
- Making your payments on time helps maintain a positive credit history and protect your credit score. Missing or late payments may negatively impact your credit and could affect your ability to obtain credit in the future.
- Learn more about building and maintaining good credit in our blog, Credit 101 for Young Adults.
Cadet Financial Advocates
Our Cadet Financial Advocates are here to support you throughout flight school and beyond. Under our Financial Wellness program, you'll have access to:
- One-on-one support from a financial wellness advocate to help you understand your options for loan repayment.
- Guidance for what comes next — including building credit, managing your first airline paycheck to saving, budgeting and preparing for future financial goals.
- Tools and resources for every stage of your career journey to help you make informed financial decisions as your income and priorities change.
To reach our Cadet Financial Advocates:
Email: AACadet@AACreditUnion.org
By Phone: (888) 51-CADET
Additional Information
Resources for Every Stage of Your Journey
As your training progresses, your financial needs may evolve.
Budget & Spending Hub
Track your spending with a fully interactive, real-time updating dashboard that loads your Credit Union accounts along with additional accounts from other financial institutions. This tool includes:
- Personalized spending insights
- Colorful, easy-to-read charts
- Option to link external accounts for a complete financial picture
When you're logged into online banking, click on the "Get Started" button on the Budget & Spending Hub box at the top of your account dashboard.
Free Credit Score Monitoring
The higher your credit score, the better your interest rate is when taking out a loan. Whether your credit score isn’t quite where you’d like it to be, or if you just want to monitor for fraud, this complimentary tool provides an at-a-glance snapshot of your credit and more.
Includes credit-monitoring features such as:
- Free access to your credit report
- Free access to your credit score
- Access to dispute any errors on your credit report
Plus, additional financial tools designed to help you:
- Create a customized action plan to reach your Credit Score Goal.
- See a real-time debt-to-income (DTI) ratio calculator. Know where you stand before applying for your next loan.
- Access your Financial Wellness Score by taking a Financial Checkup assessment.
- Find out how certain financial actions may affect your credit score using The Score Simulator.
- Review a Credit Score Action Plan to get a personalized plan to enhance your credit score.
Budget & Spending Hub
Track your spending with a fully interactive, real-time updating dashboard that loads your Credit Union accounts along with additional accounts from other financial institutions. This tool includes:
- Personalized spending insights
- Colorful, easy-to-read charts
- Option to link external accounts for a complete financial picture
When you're logged into online banking, click on the "Get Started" button on the Budget & Spending Hub box at the top of your account dashboard.
Free Credit Score Monitoring
The higher your credit score, the better your interest rate is when taking out a loan. Whether your credit score isn’t quite where you’d like it to be, or if you just want to monitor for fraud, this complimentary tool provides an at-a-glance snapshot of your credit and more.
Includes credit-monitoring features such as:
- Free access to your credit report
- Free access to your credit score
- Access to dispute any errors on your credit report
Plus, additional financial tools designed to help you:
- Create a customized action plan to reach your Credit Score Goal.
- See a real-time debt-to-income (DTI) ratio calculator. Know where you stand before applying for your next loan.
- Access your Financial Wellness Score by taking a Financial Checkup assessment.
- Find out how certain financial actions may affect your credit score using The Score Simulator.
- Review a Credit Score Action Plan to get a personalized plan to enhance your credit score.
Loans Options to help with educational expenses
There are a number of loan solutions to help pay for educational expenses before, during or after flight school.
Education Line of Credit
Not every expense is covered by your primary flight school financing. An Education Line of Credit may help with qualifying education-related expenses during training.
Potential uses:
- Books and materials
- Housing expenses
- Testing and certification fees
- Other qualifying school expenses
Loan Information:
- Credit line amounts up to $40K*
- Option to add a co-borrower if your credit needs a boost
- Ability to only make payments on what you actually borrow
For a quicker appplication process, log into online banking, click "Apply Now," select "Personal Loan" and then choose a "Line of Credit" loan type.
Apply now.Home Equity Line of Credit
With a Home Equity Line of Credit (HELOC) you can convert the equity in your home into cash to cover a high-dollar expense such as educational costs.
A HELOC is a line of credit that has an intial draw period of 5 or 10 years during which you can access the funds whenever you need them or withdraw in one lump sum. Payments on your loan begin whenever you make a withdrawl and must be repaid in 10 or 15 years, depending on the terms of your loan.
Learn more.
Personal Loans
Personal Loan
Established for a pre-determined period of time with specific loan payments, our personal loan offers a fixed rate for the term of the loan.
For a quicker appplication process, log into online banking, click "Apply Now," select "Personal Loan" and then choose a "Personal Loan" loan type.
Line of Credit Loan
A line of credit features an open-ended revolving loan available with a variable interest rate.
For a quicker appplication process, log into online banking, click "Apply Now," select "Personal Loan" and then select the line of credit option.
Apply now.
Credit Card
Earn cash back or points for your educational expenses or get a low-rate card and transfer balances. We have a Visa® credit card that's right for you.
Choose from:
- Visa Signature® Cash Back
- Visa Platinum Rewards
- Visa Platinum Low Rate
Learn more.
Pilot Loan Refinance
If you financed any of your flight school training through another lender, the Credit Union may be able to help you lower your payment or save money over the life of your loan through refinancing.
Benefits:
- Consolidate existing flight training debt.
- Save money by securing a lower rate.
- Manage your loan with a lender that understands aviation careers.
Committed to Your Financial Wellness
Committed to Your Financial Wellness
"The Credit Union truly cares about you and your financial goals — and they will help you achieve them!"
Debra, Retired Pilot
Member since 1986
* Minimum payment will never be less than $16.00 per month per $1,000.00 or any part thereof. Rate and actual credit limit is based on applicant’s creditworthiness and underwriting criteria. Ask the Credit Union for details. Unless otherwise noted, the Annual Percentage Rate (APR) for variable rate loans will be based on the Prime Rate as published in the Wall Street Journal (Index) as of the day of the advance, plus a margin. Rate changes based on changes in the Index will take effect on the next business day after the Index change is published. The APR on existing balances for Education Line of Credit loan advances will change quarterly on the first day of January, April, July and October to reflect any change in the Index in effect on the last day of the previous quarter. Click here for interest rates.
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