Student Financing Fund (FIES): Who Qualifies and What You Get
Discover how the Student Financing Fund (FIES) provides low-interest loans to help students manage the costs of private university education in Brazil.
The Student Financing Fund (FIES) is a financial support program designed to help students manage the costs of higher education through low-interest loans.
Who it's for
This program is specifically intended for students who are enrolled in private universities. It serves as a way to make private higher education more accessible by providing a financial mechanism for those studying at these institutions.
What you get
The primary benefit of this scheme is access to student loans that feature low interest rates. This financing is intended to help students manage their educational expenses while they are completing their degrees.
What it costs you
There is no immediate cost to access the financing, but the loan must be repaid. The repayment period for these student loans begins after you have completed your studies and graduated.
The catch to know
The most important requirement to keep in mind is that eligibility is tied to your performance on the ENEM. You must have achieved a good score on this exam to qualify for the funding.
How to apply
To find out more about the current requirements and to begin the process, you should visit the official portal: