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Overview
| Major Federal Programs for Higher Education
Higher Education Student Financing Fund (FIES)
This initiative by the Federal Government emerged in
2001 with Law No. 10,260/2001 when using funds from
Caixa Econômica Federal and MEC to create a fund to
finance higher education for students enrolled in non-
free institutions. FIES is managed by the MEC and the
National Education Development Fund (FNDE), the
former of which supervises and formulates credit supply
policies, and the latter manages the FIES assets and
liabilities. Until 2014, the program had many resources
and financed several enrollments in private universities,
however, the fiscal crisis of 2015 began to bring
increasing restrictions to the program, especially with
defaults that increased with unemployment caused by
the recession. The program has undergone changes
since then.
Sources: MEC, organização, Lafis
|
Number of student financing contracts signed via
FIES (thousand) - 2012 to 2019
800
700
600
500
378
400
300
200
100
560
733
287
204
176
82
85
0
2012
2013
2014
2015
2016
2017
2018
2019
Other Programs:
PRONATEC: Aims to expand the offer of professional and
technological education courses, through the granting of a Training
Scholarship or partnerships with SENAI, SENAC, among others;
Research Incentive Law: The proposal is that companies invest in
research, developed by scientific and technological institutions
(ICT's), and in return receive tax exemption inversely proportional to
the property right.
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