FIES – Requirements, Financing and Registration
This article explores the experiences of Brazilian students in relation to the Student Financing Fund (FIES), a Ministry of Education program that aims to assist those who wish to pursue higher education but face financial obstacles. We will discuss the importance of FIES in students' lives, its requirements and registration procedures, in addition to analyzing the personal impacts of this educational support.
The Fight for Higher Education
Taking a higher education course is the dream of thousands of young students in Brazil, but unfortunately, not everyone is able to achieve it due to financial obstacles. One of the main problems faced is the lack of money to pay tuition fees at private universities, which are often expensive and inaccessible for low-income families. It is in this scenario that the Student Financing Fund (FIES) comes into action, providing a unique opportunity for those who wish to pursue their academic dreams.
What is FIES and How Does It Work
FIES, or Student Financing Fund, is a program created by the Ministry of Education (MEC) with the aim of financing the studies of students who wish to attend Higher Education, but do not have the financial means to pay the monthly fees. This program offers a low interest rate, currently set at 6.5% per year, making it an attractive option for many Brazilians looking for a quality higher education.
Amortization and Financing
It is important to mention that FIES has undergone some changes in recent years. The financing repayment period was extended to three times the normal duration of the course, plus one year, making payment of installments more accessible to graduates. Furthermore, FIES started to finance 100% of the courses, eliminating the need to pay part of the monthly fees. These changes made the program even more advantageous for students.
Requirements for Participation
To participate in FIES, candidates must meet certain requirements established by the program. Firstly, the gross monthly family income must be up to three current minimum wages, which ensures that the benefit is directed to those who really need it.
In addition, it is necessary to have participated in the National High School Exam (ENEM) and obtained a minimum grade of 450 points in the average of the tests, without having zeroed in the essay. These criteria aim to ensure that FIES beneficiaries are committed to their academic performance.
Registration Procedure
The FIES registration process is relatively simple, but requires attention to detail. Interested students should access the program's official website, where they can register and provide the necessary information, including their CPF.
It is important to note that the application period occurs on specific dates, generally from February to March. Once registered, the system will send a request for the candidate to create an access password. This password must be confirmed and kept carefully, as it will be essential to monitor the progress of the registration
Personal Analysis
As a student, I was able to experience first-hand the positive impact of FIES on my academic journey. The lack of opportunities and financial resources could have been an insurmountable obstacle, but FIES made it possible for me to enter a reputable private university. The affordable interest rate allowed me to finance my studies sustainably without accumulating unsustainable debt. This government initiative was a true blessing and made all the difference in my life.
The Student Financing Fund (FIES) has played a crucial role in the lives of many Brazilian students, allowing them to overcome financial obstacles and achieve their educational goals. With low interest rates, new amortization policies and full financing of courses, FIES has become a viable and affordable option for thousands of young people looking for quality higher education. My own experience with the program demonstrates the positive impact it can have on students' lives.
Therefore, FIES continues to be a valuable bridge to Brazil's educational future, opening doors to a more promising and egalitarian future. It is important that those who meet the requirements seek this opportunity and make the most of the support offered by the program. FIES not only finances studies, but also finances dreams and aspirations, making them an achievable reality for all who believe in the importance of higher education.
References
- FIES. Available in: acessunico.mec.gov.br. Consulted on February 28, 2024.
