Unlike college or university the student does not pay a "tuition" to cover the cost of flight training. Each flight is typically paid for separately as well as your ground school and any other associated ratings and fees.
Please note that currently Maple Wings Flight Centre is NOT an Ontario Student Assistance Program (OSAP) approved school.
Financial Resources
Explore all available funding options and compare their terms and conditions. Begin your research and application process well in advance of your training start date. Keep an eye on scholarship and bursary websites for new opportunities and application deadlines.
The following financial resources are only suggestions ...
Student Aviation Financial
Student Aviation Financial is a small lending company, who's principal owners live, breathe and love flying and want to help all who seek the same passion. Providing financial assistance to students who want to obtain their aviation licence or endorsements including Private Pilot Licence (PPL), Commercial Pilot Licence (CPL), night, IFR and multi engine and/or Instuctor. For more information, please visit https://www.studentaviationfinancial.ca
TD Canada Trust
As a top 10 North American bank, TD aims to stand out from its peers by having a differentiated brand – anchored in our proven business model, and rooted in a desire to give our customers, communities and colleagues the confidence to thrive in a changing world. Part-time students may be eligible for up to $20,000 per year to a maximum of $80,000. For more information, please visit TD.
Income Tax Deductions
The Canadian Revenue Agency (CRA) allows students to deduct some of the cost of flight training against their current and future income taxes. The CRA defines a qualifying student as: An individual must spend not less than 12 hours in the month on courses in the program. Ground school, flight training and ground briefings will all count towards the 12 hour minimum. The calculated amounts are based on the previous calendar year's training to coincide with the income tax reporting period.
All training at MWFC towards a licence or a rating may be claimed up to the Transport Canada minimum training requirements per course. You CANNOT include cost for owner aircraft, lodging/meals, textbooks and flying hours above the maximum allowed to be claimed.
A T2202 tax form is issued to students who have indicated on their registration form that they wish to receive one. Typically the T2202 will be mailed through Canada Post; however, the T2202 may be provided through email once consent to do so has been received.
MWFC is listed as a Certified Institution by the Government of Canada.