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Fies will have credit of R $ 250 million for worker

Student financing

Program will open 20 thousand vacancies to serve worker with a formal contract and register of beneficiary of the salary bonus

The Fund for Student Financing (Fies) will open 20 thousand places to exclusively serve Brazilian workers with a formal contract and dependents of this public. "It is a policy of valorization of the Brazilian worker and his family," said Labor Minister Ronaldo Nogueira. "It is enough to have a formal contract and register the beneficiary of the salary bonus to have easy access to financing from 2018 onwards."

The source of funding will be the Workers' Assistance Fund (FAT). "We seek, more and more, to make the FAT a fund that promotes opportunities for the worker, not just the provider. The rules will be disclosed in a timely manner," emphasizes Virgílio Nelson da Silva Carvalho, Chairman of the FAT Deliberative Council.

The Minister Ronaldo Nogueira participated, on Wednesday (6), the launching of the New Fies. In the event, the Minister of Education, José Mendonça Bezerra Filho, also announced the opening of 75 thousand new places in the system of private higher education for the second half of this year.

Already in 2018, will be offered 300 thousand places, divided into three modalities. The first provides for 100,000 contracts for people with a family income of up to three minimum wages at zero interest. Under the new rules, the student will pay benefits of a maximum of 10% of the monthly income.

The second option is aimed at the North, Northeast and Midwest regions and will serve the student group whose family income is up to five minimum wages per person. There will be 150 thousand vacancies at the cost of 3% interest, plus monetary correction. It will be used to fund the line of development funds.

The third modality, also for families with incomes of up to five minimum wages, still without defined interest rates, will use the BNDES and regional funds, with credit risk shared with the banks, as the source of financing. The forecast is 60 thousand places.

Another novelty is that bank fees will be the responsibility of contracting educational institutions. With this change, the government estimates to save approximately R $ 300,000 per year.

Source: Portal Brasil, with information from the Ministry of Labor