Prizes not withdrawn from lotteries will be used to pay FIES contracts

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Prizes not withdrawn from lotteries will be used to pay FIES contracts
Photo: Agencia Câmara

The Student Financing Fund (Fies) will have a new source of funds. The Ministry of Education (MEC) will issue a decree, extending agreements that are closed or that are close to expiration by another 90 days.

The action aims to normalize the payment of transfers to higher education institutions, using unclaimed prize money from lotteries.

According to Rádio Progresso, the idea to use the amount came from the federal deputy for Rio Grande do Sul, Jerônimo Goergen, from Progressistas, from a notification made directly to the National Fund for the Development of Basic Education (FNDE).

Deputy receives suggestion to use lottery resources

“It was an idea that came from a student from Passo Fundo, who made this suggestion on my social networks. I asked FINDE and the ordinance should be published this week. These are resources that are stopped and legally cannot be paid more, so it is important that they are directed to an area that needs it ”, declared the deputy.

Goergen added: “Unfortunately, many universities are in great difficulty because of the lack of money at Fies, in addition to the people who cannot study due to this difficult scenario”.

According to the politician, the deficit in the Fies budget is considerable, and the scarcity of funds may mean that thousands of Brazilians are deprived of completing their training in higher education. The extension of the contracts will take place for three months, a time classified as insufficient due to the high demand for student financing today.

About FIES

Fies is a program of the MEC, aimed at granting financing to students enrolled in non-free higher education courses and with positive evaluation in the processes conducted by the portfolio. In addition, students who have finished high school and wish to apply for FIES, must have taken the National High School Exam (ENEM) in 2010 or later.