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Bandera de Colombia
Payment Facilities

Exemptible credit for the payment of kindergartens and private schools fees

Date announced

5/14/2020

Date of last update

4/20/2022

Description

Provide parents and guardians with an exempt credit for the payment of education fees of students enrolled in formally constituted kindergartens and private schools, at the levels of initial, preschool, basic primary, basic secondary and secondary education. For people who have ceased payment of their educational fees, and that, on the date of applying they are in arrears of one or more monthly payments corresponding to the 2020 and/or 2021 school year due to the health emergency caused by the COVID-19 pandemic. The credit will cover the value in arrears of the school fees (of one and up to six monthly payments) certified by the institution, without exceeding the total limit established (COP $1,200,000) per student, and the exempt percentage is assigned according to the socioeconomic stratum of applicants: for strata 1 and 2, it will be 100%; stratum 3, 90%; and stratum 4, 50% of the credit, upon presentation of the requirements indicated in the line's operating regulations. For strata 5 and 6, it is repayable with interest adjusted to the CPI.

Official Sources

Función pública (05-14-20). 'Decreto Legislativo 662 del 14 de mayo de 2020'. [https://www.funcionpublica.gov.co/eva/gestornormativo/norma.php?i=122580].

Icetex (06-16-21). 'Ya son 136.000 los beneficiados con Plan de Auxilios Educativos Covid-19'. [https://portal.icetex.gov.co/Portal/Home/prensa-icetex/2021/06/16/ya-son-136.000-los-beneficiados-con-plan-de-auxilios-educativos-covid-19].

Icetex (06-01-21). 'Se amplía plan de auxilios educativos Covid-19 a usuarios de ICETEX'. [https://portal.icetex.gov.co/Portal/Home/prensa-icetex/2021/06/01/se-amplia-plan-de-auxilios-educativos-covid19-a-usuarios-de-icetex].

Icetex (05-06-21). '30.795 nuevas familias fueron seleccionadas por el Fondo Solidario para la Educación para financiar el pago de pensión de jardines y colegios privados de sus hijos'. [https://portal.icetex.gov.co/Portal/Home/prensa-icetex/2021/05/06/nuevas-familias-fueron-seleccionadas-por-el-fondo-solidario-para-la-educacion-para-financiar-el-pago-de-pension-en-de-jardines-y-colegios-privados-de-sus-hijos].

Icetex (04-30-21). 'Abierta convocatoria para pago de matrículas a jóvenes colombianos en programas de Educación para el Trabajo'. [https://portal.icetex.gov.co/Portal/Home/prensa-icetex/2021/04/30/abierta-convocatoria-para-pago-de-matriculas-a-jovenes-colombianos-en-programas-de-educacion-para-el-trabajo].

Icetex (s.f.) 'Línea de crédito educativo para el pago de pensiones de jardines y colegios privados Convocatoria 2 - 2021'. [https://portal.icetex.gov.co/Portal/docs/default-source/alianzas-y-fondos/fondos/infografias/infografia-fondo-jardines-colegios-privados-2021.pdf?sfvrsn=4]

Characteristics of the measure

Type of measure

Payment facilities (6)

Sphere

Containment of user spending (5) (7)

Target population

Parents and guardians of students with student school fees in arrears. (1) (3)

Delivery method

Transfer to bank account

Place of delivery

Banks or cashiers

Recipient Registration System

-Innovación: La solicitud se hace mediante la plataforma habilitada [https://solicitudes.icetex.gov.co/solicitudes/ingres.sm]

Legal Framework

Legislative Decree 662 of May 14, 2020

Responsible Institution

Ministry of Education
Colombian Institute of Educational Credit and Technical Studies Abroad (ICETEX)