ISTAT U ERAU 2.0 Application 2026/2027

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 2026-2027 program on or before 24 August 2026.

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 2026-2027 ISTAT U Online Program is US$5,412 (US$902 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 

FINE 695A Aircraft Financing I: 19 October 2026 – 20 December 2026

FINE 695B Aircraft Financing II: 11 January 2027 – 14 March 2027

FINE 695C Aircraft Financing III: 31 May 2027 – 1 August 2027

For more information on ISTAT University, please contact the ISTAT Headquarters at istat@istat.org.