In 1999, the Student Financing Fund (FIES) was created by the Ministry of Education (MEC). The objective of the program is to finance the higher education of students enrolled in private colleges.
However, there are two ways to access the FIES and it is necessary to meet a series of requirements. One of the conditions that differentiates these categories is the candidate's income. Check out this article and understand what the maximum income to participate in FIES 2022.
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FIES 2022: Rules and maximum income
Since its creation, student financing could only be done with public banks, such as Banco do Brasil and Caixa Econômica Federal. However, in 2008, MEC also established partnerships with private financial institutions, giving rise to P-Fies.
Thus, the student can finance his studies with private banks and have access to specific interest and installment plans. However, in both modalities, both in the FIES and in the P-Fies, the candidate only pays the monthly fees when he completes his graduation and is working.
Thus, during the course, the student usually only pays the life insurance and bank fees. But after graduation, it is necessary to settle the installments that were diluted in a larger number and a smaller amount. If, for some reason, the recent graduate is unable to pay the installments on time, there are clauses in the contract that help the student at this stage.
FIES 2022 Rules
Regardless of the modality, the candidate must have taken the National High School Examination (Enem). Thus, the average grade in the test must be at least 450 points and must have reached at least 400 points in the essay.
The other requirement to participate in the FIES is related to income, the amounts vary according to the category. The FIES family income is a maximum of three minimum wages per capita. In P-Fies, the family income can be a little higher, up to five minimum wages.
Signing up is very simple, just access the FIES portal, click on “first access” and register. Fill in all your personal data, complete the registration, choose the desired course and select the best form of financing for you.