🎓 How much money is worth being spent on AME licensing Education Loan?

amepreparation.com
May 17
3 min read

Key Advantages & Critical Considerations Before You Borrow

Pursuing AME licensing is a big dream—and a big expense. With rising tuition fees, training costs, and living expenses, education loans often become a bridge to that dream. But should you rely on a loan? Is it worth the long-term commitment?

Here’s a detailed look at the advantages and the real-world considerations you must weigh before signing on the dotted line.

Key Advantages of Taking an Education Loan

1. Because a middle-class Indian can not afford the rocketing prices.

A hard but accepted fact.

2. Access to Quality Education

Loans make it possible to study at top-tier institutions—whether in India or abroad—when savings or scholarships fall short.

3. Moratorium Period

No repayment is typically required during the course and for 6–12 months after graduation, allowing students to secure a job first, but same time, interest is accumulating.

4. Tax Benefits

In India, under Section 80E, the interest paid on education loans can be claimed as a deduction from taxable income—easing the financial burden.

5. Early Credit Score Building

Timely repayment helps build a good credit history early in life, beneficial for future home or vehicle loans.

⚠️ Critical Considerations Before Taking a Loan

A. 💰 Total Cost: Not Just Tuition

While tuition may be the biggest chunk, living expenses, books, exam fees, travel, and materials can add 30–50% to your total cost. Include everything before calculating the loan requirement.

✍️ Example: A 2-year aviation course may cost ₹10–12 lakhs, but with hostel, food, and exam fees, the actual cost may exceed ₹15–17 lakhs. Taking a loan for AMT training beyond this will not be a wise decision at all.Want t discuss then comment.

B. 👨‍👩‍👧‍👦 Hard-Earned Family Support

Many parents contribute their savings, sell assets, or take personal loans to support their child’s dream. Always weigh if the potential returns justify their sacrifice.

C. 📈 Interest Accumulated During Study

Many loans accumulate simple or compound interest during the moratorium period. By the time repayment starts, you could owe 30–40% more than you borrowed.

D. 🏠 Include Living Expenses

Studying abroad or in metro cities comes with high living costs—₹15,000–40,000/month or more, depending on location. These expenses often go underestimated.

SUGGESTIONS

A. 🧑‍🎓 Check Genuine Track Record of Past Students

Before choosing an institute or course, ask for verified data on alumni placement and salary packages. Avoid vague claims—look for real names, companies, and salary bands.

B. 🛫 Explore Aviation Sector Entry-Level Pay

In aviation, AME graduates may start with ₹15,000–₹40,000/month depending on licensing, company, and location. Higher salaries come after gaining certifications and work experience. (No Institution guarantees the placement)

C. 🏫 Compare with Similar Institutions

Don't rush into the first name you hear. Compare course fees, infrastructure, faculty, placement support, exam pass rates, and training quality across institutions. This helps avoid overpaying for the same qualification.

d. Don't be lured by false promises, Pomp & Show, and the showing off of Ministers and big Industrialists.

The institutions lure the candidates with big promotions and false promises. They will get assembled big politicians, big industrialists, and PR agencies.

REMEMBER ALL THESE EXPENSES WILL BE ADJUSTED WITH YOUR MONEY.

📊 So, Is It Worth It?

Yes, if:

You are getting a high-quality education with strong placement support
You calculate the real cost, not just the tuition
The job prospects can realistically repay the loan within 5–7 years

No, if:

You haven’t checked alumni salary data or job market demand
You are borrowing heavily for a low-return program
Your chosen institute lacks placement records or industry recognition

📘 Final Word of Advice

A. Check the pay you are going to get as a trainee technician after the training and after being successfully placed. As of today, it is Rs 15000/-(60% of placed) to Rs 40,000/- (10% of placed) .

B. Never go for paid Type training, it will escalate your Loan amount.

Please discuss in the comment section. The experienced will certainly answer.