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This Wednesday the Minister of Education, María Victoria Angulo, announced that there will be financial relief for the country’s education sector. This is due to requests made by educational institutions, such as colleges and universities, and students.
The Government opened new lines of credit for basic and secondary education and a line of higher education.
Regarding support measures for higher education, he announced that they created a credit line for 1.5 trillion pesos with an 80% guarantee from the FNG.
Further, launched a new $ 200 billion Findeter line of credit for private higher education institutions.
A second measure is that they created a solidarity fund for education. As warned by the Government, $ 97,000 million is destined to support students of higher education institutions in strata 1 and 2.
On the other hand, there is a line of credit to pay tuition for education for work and human development.
Regarding the reliefs for those who have Icetex credit, Manuel Acevedo, President of Icetex, He assured that there will be interest reduction reliefs for students of strata 1, 2 and 3, who have a valid educational credit and study in 2020-2, now they will only pay the IPC.
In addition, another measure regarding Icetex is that there will be a grace period until December of this year. This benefit, announces the Government, “It may be taken simultaneously with the reduction of interest. It will go from 35,000 current beneficiaries to 66,000.”
In addition, the president announced that there will be 16.00 additional places to have a credit without a co-debtor.
For preschool, basic and middle education there will be two support measures: credits in special conditions. “The destination of $ 1 billion was determined for gardens and private schools that will allow covering up to 90% of the payroll, with a nationwide support of 80%, a grace period of six months, and a payment term of between 12 and 36 months. ”
The second measure for this field is a line of credit for parents or caregivers for the payment of pensions for gardens and private schools.
