The Aerospace Loan Program (ALP) provides low-interest loans to Washington students who have been accepted into the Everett-based Washington Aerospace Training and Research Center Program but have demonstrated inability to pay the full cost of attending the program. The Washington Aerospace Training and Research Center was created to help meet the demand for skilled aerospace workers in Washington.
Students can receive up to $2,400 for the first CORE training module and up to $2,700 for the second training module. Recipients have up to three years to repay their loans after completion of their program.
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What is the application process?
First step: Meet the guidelines under "Who can apply?" below.
Second step: Complete the Aerospace Loan Program Application and Promissory Note below.
Third step: Mail loan application and promissory note to: ALP - PO Box 43430 - Olympia, WA 98504-3430.
Fourth step: If approved for the loan, you will need to contact Edmonds Community College for class availability and registration.
Who can apply?
An applicant must:
- Be a United States citizen or an eligible non-citizen.*
- Be 18 years of age or older.
- Be a high school graduate or have a GED.
- Declare intent to work in the state of Washington in the aerospace industry.
The 2015-16 application documents will be available on or after July 17, 2015.
What is the award amount?
The maximum loan amount is $7,800. Payments are issued twice during the 12-week training program. Students may request and receive up to $2,400 to pay for the four-week online segment. With verification of the Core Certificate, students may request and receive up to $2,700 to pay for the on-site classroom training segment. Students must meet the satisfactory academic progress requirements set by the program in order to receive the second payment. Students may request and receive up to $2,700 to pay for the Quality Assurance Certificate upon successful completion of Certification Program.
How long does it take to process my loan?
Once a completed packet is received, a credit and background report is run. The completed application is reviewed by an internal committee. This process takes two to three weeks. You will receive a letter either by email or mail to inform you of the result of your application. If approved, you will be notified and it is your responsibility to contact Edmonds Community College to register for the program. The school will contact the Council once you are enrolled in a class.
How are the payments issued?
Payments are issued to the school twice during the 12-week training program. The school will request the first payment of $2,400 to pay for the four-week online CORE segment. With verification of successful completion of the CORE segment, the school will request the second payment of $2,700 to pay for the on-site classroom training segment.
When and how do I repay my loan?
The student/borrower has six months from the certification program completion date to begin repaying the loan. Students who withdraw from the program must begin making payments immediately. Payments are to be made monthly. The student/borrower has up to three years to repay the loan.
Participant Forms (for use only by those applicants who have been funded)
Washington Student Achievement Council
- Email: email@example.com
- Phone: Chris Wilkins at 360-753-7794
Edmonds Community College (for class registration and program information)
- Phone: 425-640-1840
Aerospace Training and Research Center