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Aerospace Loan Program


The Aerospace Loan Program (ALP) provides low-interest loans to Washington students who have been accepted into the Washington Aerospace Training and Research Center (WATRC) program in Everett. The WATRC was created to help meet the demand for skilled entry-level aerospace workers in Washington.

Students can receive up to $2,500 for the online CORE training module. With verification of the CORE certificate, students may request and receive up to $3,200 for the second segment training module. Students who have completed both of these modules may request and receive up to $3,200 for completion of the additional Quality Assurance Certificate. Recipients have up to four years to repay their loans after completion of their program.

Note: At this time, there are limited funds available. Applications packets must be complete when submitted.

About the Program

Eligibility Requirements

Eligibility Requirements

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.

How to Apply

How to Apply

1. Complete an Aerospace Loan Program Application and Promissory Note:

  • Without a cosigner
    • Application (pdf
    • Promissory note (pdf
  • With a cosigner
    • Application with a cosigner (pdf
    • Promissory note with a cosigner (pdf

2. Mail loan application and promissory note to:

PO Box 43430
Olympia, WA 98504-3430

3. If approved for the loan, contact Edmonds Community College (ECC) for class availability and registration.

Participant Forms

Participant Forms

Participant forms are for use only by applicants who have been funded:

  • Request for Deferment of Payment (pdf)
  • Job Search Log (pdf)

Frequently Asked Questions

Frequently Asked Questions

What is the award amount?

The maximum loan amount is $8,900. Payments are issued twice during the 12-week training program. Students may request and receive up to $2,500 to pay for the four-week online segment. With verification of the Core Certificate, students may request and receive up to $3,200 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 $3,200 to pay for the Quality Assurance Certificate upon successful completion of the certification program. 

How long does it take to process my loan?

Once a completed packet is received, WSAC will run a credit report. The completed application is reviewed by an internal committee. This process takes two to three weeks. Application results will be mailed or emailed. If approved, it is the applicant's responsibility to contact Edmonds Community College (ECC) to register for the program. ECC will contact WSAC once students are enrolled in a class.

How are the payments issued?

Payments are issued to ECC twice during the 12-week training program. ECC will request the first payment of $2,500 to pay for the four-week online CORE segment. With verification of successful completion of the CORE segment, ECC will request the second payment of $3,200 to pay for the on-site classroom training segment.

When and how is the loan repaid?

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 four years to repay the loan.