Epic Flight Academy can now accept payments from 529 education savings plans for its flight and aircraft mechanic training.
“Parents have frequently reached out inquiring about 529 plans, so we are happy to be able to accept payment from these plans now,” said Cindy Lovell, director of education. “This offers another option for students who seek vocational and technical training in the field of aviation.”
Students enrolled in eligible FAA Part 141 programs may be able to use 529 funds for qualifying expenses, such as tuition and training fees; flight and ground instruction; aircraft or simulator training; books and training materials; examinations and testing fees; and supplies or equipment.
Only certain portions of FAA Part 61 flight training may qualify for payment with 529 funds. Eligibility must be evaluated based on the specific training, expense, the credential being pursued, and requirements of the student’s 529 plan, company officials note.
Students enrolled in eligible FAA Part 147 aircraft mechanic programs may be able to use 529 funds for qualifying expenses, such as tuition and program fees; books and instructional materials; tools, supplies, and equipment; and examination and testing fees.
Epic Flight Academy does not accept or apply 529 funds toward housing or personal living expenses, company officials added.
Epic Flight Academy, a Part 141 flight school, has multiple campuses across the country, as well as two aircraft mechanic schools in Florida and Kentucky.
For more information: EpicFlightAcademy.com
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