Alliance of the education sector and CISA achieves special forgiveness of credits for students of Ser Pilo Paga and the Victims Fund

by time news

2023-09-29 01:42:53

Bogotá DC, September 28, 2023.

They will be allocated to 4,983 young people who benefit from the Ser Pilo Paga programs and the Reparation Fund for Access, Permanence and Graduation in Higher Education for the population Victims of the Armed Conflict in Colombia.The amount of forgiveness is about $140,829 million in principal balance.CISA has all its citizen service channels so that interested parties can consult the status of their obligation. Interested young people will also be able to find out if they benefited through the website www.icetex.gov.co.

Bogotá DC, September 28, 2023. In compliance with the National Development Plan ‘Colombia, world power of life’, the Ministry of National Education, ICETEX and the Central de Inversiones SA – CISA, consolidated a relief plan to help students who belong to groups A , B and C of Sisbén IV with the forgiveness of their educational credit.

“Since the arrival of the Government of Change, we have been working on the design of a solution for thousands of young beneficiaries of the Ser Pilo Paga program and the Reparation Fund for access, permanence and graduation in higher education for the population victims of the armed conflict. In colombia. The students from that pair of funds accessed those forgivable loans, but were not able to graduate and, therefore, fell into debt. The valuation study gave us the feasibility of canceling the entire capital and other concepts of the obligation to almost 5,000 young people who, in addition to the frustration of not completing their higher education, were left with million-dollar obligations to the State,” said Nicolás Corso Salamanca, president of CISA.

For her part, the Minister of Education, Aurora Vergara Figueroa, indicated that “the National Government is complying with the rescue plan for beneficiaries of forgivable loans and will continue to explore financing schemes appropriate to the payment capacity of the beneficiaries, as well as mechanisms that make it possible to compensate for increases in the price index in periods of high inflation, making use of new sources of financing to expand coverage.”

In this way, the Government of Change, through the Ministry of Education, ICETEX and allies such as Central de Inversiones SA – CISA, continues to find mechanisms to achieve economic relief that results in benefits for young people and families who live complex realities.

“This is excellent news for 4,983 families, because by touring the regions of the country and talking with our communities we found that these young people were not able to pay their loans and that they did not meet the requirements to obtain forgiveness. For this reason, we took on the task of finding economic relief mechanisms for these young people and their families. The invitation to people who manage to obtain credits through the Funds, administered by ICETEX, is to comply with the graduation merit so that they can be granted forgiveness and thus be able to consolidate their life projects without compromising their well-being and economic conditions. “added the president of ICETEX, Mauricio Toro.

The forgiveness will be applied, as follows:

From the Ser Pilo Paga program

For people who are victims of the conflict, 100% of the total debt will be forgiven. For indigenous people, 100% of the total debt will be forgiven. For people who are registered in the SISBEN in groups A (population in extreme poverty), B (population in moderate poverty) and C (vulnerable population) 100% of the total debt will be forgiven. For people who, according to the National Higher Education Information System SNIES, register as graduates in a Higher Education Institution not accredited with high quality or in the SENA, 100% of the total debt will be forgiven. For people who are in stratum 1, 90% of the total debt will be forgiven. For those People who are in stratum 2 will have 80% of the total debt forgiven. For people who are in stratum 3, 70% of the total debt will be forgiven. For people who are in stratum 4, 70% of the total debt will be forgiven. 60% of the total debt will be forgiven. For people who are in stratum 5, 50% of the total debt will be forgiven. For people who are in stratum 5, 50% of the total debt will be forgiven. Debt.

From the Victims Fund

For all beneficiaries, 100% of the total debt will be forgiven.

The SA-CISA Investment Center has citizen service channels so that interested parties can consult the status of their obligation:

Telephone line in Bogotá (601) 5460480National telephone line 01 8000 912 424www.cisa.gov.co

Other financing mechanisms

On the other hand, Minister Aurora Vergara assured that the National Government will apply the contingent payment mechanism for new obligations contracted with ICETEX, which will be proportional to the amount of income received by the beneficiaries of said obligations under the same conditions established in the Article 117 of Law 2159 of 2021 and its regulations.

The resources to strengthen the implementation of the Income Contingent Payment mechanism may be the following:

Those coming from the General Budget of the Nation. Contributions from public entities of the national order, from decentralized entities and companies, from industrial and commercial companies of the State, from mixed economy companies and from entities of a special nature. These resources may be used to establish subaccounts or compartments for specific calls. Those coming from international cooperation. In the case of reimbursable resources, the applicable public credit standards must be met. Those that the departments, districts and municipalities allocate their resources that can be allocated to education, which may be prioritized by regions, departments or municipalities and may be used to establish subaccounts or compartments destined for specific calls. Those coming from donations, whether they come from the private sector or the public sector. ICETEX’s own resources.

Communications Advisory Office

ICETEX

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