ISTAT University, or ISTAT U, provides an overview of the many facets of the aviation finance and leasing industry and exposes students to real world concepts and methodologies. The ISTAT U curriculum has been specifically tailored to help prepare students for internships as well as long term career opportunities in the exciting field of aviation finance, leasing and trading.
The application process for the ISTAT U 2.0 program (Online program through ERAU WW) involves two steps. First, students must apply per the instructions below. Upon acceptance, students must then apply on the ERAU WW website as a non-degree seeking student. Applicants may be required to enroll in additional prerequisite courses and may be conditionally accepted into the ISTAT U 2.0 program.
Interested candidates must complete the first step for the 2025-2026 program on or before 25 August 2025.
Carefully review the admission requirements to ensure you qualify for ISTAT U 2.0:
- Completed an undergraduate (bachelor's) degree within the last three years or are currently enrolled in a graduate (master's) degree program
- Undergraduate (bachelor's) and/or graduate (master's) degree must be in one of the following areas of study: business, accounting, finance or economics, or related field of study
- No prior professional experience in the aviation leasing or finance industry
- U.S. Grade Point Average (G.P.A.) requirement: 3.0 or above on a 4.0 scale. Outside of the U.S.: students must hold an academic ranking within the top 25% (75%-100%).
Required documentation to be included in the application:
- Official transcripts from undergraduate (bachelor's) and graduate (master's) programs
- Resume/CV
- English proficiency test scores (e.g. TOEFL, etc.) for applicants whose primary language is not English
Tuition
The tuition for the 2024-2025 ISTAT U Online Program is US$5,208 (US$868 per credit hour). If you are interested in receiving scholarship support from the ISTAT Foundation to cover a portion of the program tuition, please be sure to indicate your interest in the application.
Program Dates
FIND 695A Aircraft Financing I: 20 October 2025 – 21 December 2025
FIND 695B Aircraft Financing II: 12 January 2026 – 15 March 2026
FIND 695C Aircraft Financing III: 31 May 2026 – 1 August 2026
For more information on ISTAT University, please contact the ISTAT Foundation Headquarters at foundation@istat.org.