In terms of student loans, if a flight school isn't linked to an accredited college program, students aren't eligible for those loan programs.
Even though private schools aren't linked to the college system, their performance levels are recognized by Transport Canada and they are equally as qualified. Ideally, the government would open up those programs to our students as well.
Currently, what students are allowed to do is take out a loan, enter into a specific agreement with a bank for professional training delivered in the region.
One thing, I'm sorry, that I can say is I know that
students submit their tuition receipts for a tax deduction. Recently, my students have told me that the percentage of tax deductible tuition fees has dropped significantly for aviation.
By no means an expert in the area, I do know the issue is worth a closer look. Numerous students have told me that changes were made to the tax credit for commercial programs and that it's significantly less.