Students who have debts with Fies may request the renegotiation of values. The demands will be initiated between the 29th of April to the 29th of July. The deadline was announced in an ordinance of the National Education Development Fund (FNDE). The body is an autarchy of the Ministry of Education (MEC), responsible for implementing the program.
The rules for renegotiation were released last year. Contracts with delay in payment of at least 90 days may be renegotiated. Contracts must be in the amortization period. In addition, they cannot have been subject to legal action by the financial agent.
see more
Run! The complementary registration period for Fies is open…
Ministry of Education releases first call for Prouni 2023
The measure applies to financing contracts granted until the second half of 2017.
options
Fies contractors will have two options. The first is repayment, which allows you to extend the debt payment period to up to 48 monthly installments. The second is rescheduling, which makes it possible to dilute overdue amounts in installments due.
For this, a down payment must be paid, in cash, corresponding to the highest value between 10% of the consolidated value of the overdue debt and R$ 1 thousand. The amount of the monthly amortization installment resulting from the renegotiation cannot be less than R$200, even if it implies a reduction in the remaining contractual term.
The financed student interested in renegotiating the debt with Fies must present himself at the bank branch where he signed the contract, with a or more guarantors, whose income cannot be less than twice the value of the new installment calculated, respecting the type of guarantee hired.
faithful
Fies offers financing to cover the cost of tuition at private higher education institutions. The program was reformulated in 2017. As of 2018, it began to offer financing in two ways. The first is zero-interest financing for students who have a family monthly per capita income of up to three minimum wages.
In this modality, the student will start paying the installments respecting the income limit.
The second is the so-called P-Fies, aimed at students with per capita monthly family income of up to five minimum wages. The modality works with resources from the Constitutional and Development funds and with resources from participating private banks.