Credit with State Guarantee (FALLS OFF) is a student debt that Chileans must begin to pay once they finish their studies. However, there are situations in which it is possible to suspend the collection of this debt. This benefit can be requested in two specific circumstances: continuing postgraduate studies abroad or being unemployed.
- Continuation of postgraduate studies abroad
One of the reasons why the pay of the CAE is if the beneficiary decides to continue with their academic training, specifically by pursuing a Master’s or Doctorate abroad. According to the Ingresa website, this benefit allows the suspension of credit collection for a total of 12 installments starting from the month in which postgraduate studies begin. This suspension period can be renewed, accumulating a maximum of three years for those pursuing a Master’s degree and up to four years for those pursuing a Doctorate. This benefit makes it easier for students to fully dedicate themselves to their studies without worrying about CAE fees during the duration of their postgraduate studies.
The second reason that allows the suspension of the pay of the CAE is unemployment. If the beneficiary of the credit does not have a job, he can request that the collection of CAE fees be suspended for a period of six months. This suspension is renewable, provided that a new application is submitted at the end of the initial period. This measure is designed to provide financial relief to those seeking employment, allowing them to focus on their search without the pressure of credit payments.
To request any of these suspensions in the payment of the FALLS OFF, it is necessary to present the corresponding documentation. In the case of studies abroad, the registration certificate for the postgraduate program must be presented. For suspension due to unemployment, a document proving your unemployment status is required. Both processes can be carried out through the Ingresa website or in person at the corresponding offices. Interested parties can find more details about the necessary documents and the steps to follow in the links provided by Ingresa.
The possibility of suspending payment of FALLS OFF In these specific situations it is a crucial tool for many students and graduates. It allows those in advanced training or seeking employment to avoid the financial stress associated with paying off their student debt. This benefit shows the system’s commitment to continuous support for students beyond their initial training stage, providing flexibility and support at key moments in their professional and personal development.
