On the last 22nd of June, the approval of the law that allows the renegotiation of FIES debts for students who joined the financing until the second half of 2017. This new possibility offers students discounts of up to 77% on debts that have not been paid for more than 360 days. Follow the text and learn more details about this approval.
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FIES
In 1975, the Educational Credit program (CREDUC) was created by the government of Ernesto Geisel. In 1999, during Fernando Henrique Cardoso's term, it was reformulated and became the Student Financing Fund (FIES). In subsequent administrations, such as Lula's, interest rates were reduced from 6.5% to 3.4% with the aim of helping more students enter university.
The program itself is a way to make it easier for students to enter a university. private and pay the monthly fees after graduation, when they have a job and stability financial. In a way, for many people who want to take a higher course, the financing program is a good way to enter the job market.
What changes with the sanction of the law?
The issue, however, that persists in this program is the amount of interest, which still scares many students. Now, with the enactment of Law 14.375/22, the lives of some of these students could change.
With the enactment of this law, debt amounts may have discounts of up to 77% on monthly fees. Those who are enrolled in CadÚnico and have debts overdue for more than 360 days will be able to receive discounts of 99% of the amount.
If you are a student and want to renegotiate your debt with Fies, look for the service channels provided by Banco do Brasil and Caixa Econômica Federal. They will be able to tell you how to proceed and get the best discounts.
