The FIES Desenrola program, an initiative of the federal government, has reached an impressive milestone, surpassing the mark of 164 thousand beneficiaries. Thus, launched only two months ago, the program aims to renegotiate student debts, providing significant financial relief for students.
With discounts that can reach up to R$991, the program has already returned more than R$338 million to the public coffers, renegotiating more than R$7.6 billion in debt. Therefore, these numbers highlight the success and importance of the FIES Development Program in supporting education and managing student debt in Brazil.
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Impact and scope of the Desenrola Brasil program
The state of São Paulo stood out in the number of renegotiations, with more than 30 thousand contracts and R$1.1 billion in student debt renegotiated. In this way, the renegotiation of FIES aims to help 1.2 million Brazilians who are facing financial difficulties due to debts with the Fund.
The initiative promotes equity in access to higher education and alleviates the financial burden for many students and former students. Therefore, the Secretariat of Social Communication highlighted the importance of the program in an official statement, emphasizing its role in promoting educational equity.
Renegotiation facilities and conditions
In addition to the discounts offered, the program allows customers to pay off their debts in up to 60 monthly installments, with no down payment, facilitating consumers' financial restructuring. The main conditions for renegotiating FIES include discounts of 12% for paying off the outstanding balance in full for debts that are 0 to 90 days overdue, and repayment options for debts that are more than 90 days overdue. These measures are essential to help students start 2024 with better financial planning and continued access to education.
