The Senate approved today (24) a provisional measure (MP) that allows the renegotiation of debts for students benefiting from the Student Financing Fund (FIES). THE MP had passed through the Chamber, where it underwent changes and, therefore, became a conversion bill (PLV). The discount can reach 77% of the total amount negotiated, but for students who are part of the Cadastro Único para Programas Sociais (CadÚnico), the discount can be up to 99% of the amount due. The text goes to presidential sanction.
The approved discount is offered to students who have formalized the contracting of student financing with Fies until the 2nd semester of 2017 and who have overdue debts and not paid until its publication. The text brings the possibility of installment debts in up to 150 months, with a 100% reduction in late payment charges and granting a 12% discount on the outstanding balance for the student who performs the full discharge of the debt.
In the case of students with more than a year of delay, the proposal offers a discount of 99% of the consolidated debt for those who are in CadÚnico or were recipients of emergency aid. For other students, this discount is 77%. This was one of the changes made by parliamentarians in relation to the original MP. Before the change, it provided for discounts of 92% for CadÚnico beneficiaries and 86.5% for others.
The PLV also allows the use of the balance of the Severance Indemnity Fund (FGTS) to pay Fies, including in the event of debts being paid in installments. The text approved in the Senate allows the default of up to three successive and five alternate installments. “This modification is very positive because it makes the default rules more flexible, thus avoiding the hasty termination of the transaction, which is not desirable, either for the financed student or for Fies”, said the rapporteur, Senator Fernando Bezerra (MDB-PE). ).
Fies debt renegotiation can serve just over 1 million students, representing contracts worth R$35 billion, according to figures from the Ministry of Education.
The total of 2.6 million active Fies contracts, opened until 2017, with a debt balance of R$ 82.6 billion are considered. Of this total, 48.8% (1.07 million) are in default for more than 360 days. The text that facilitates the payment of arrears was edited on the last day of 2021 and still needs a regulatory decree.