Skip to main content
Bandera de Colombia
Cash Transfers

“Impulsaton” Campaign

Date announced

4/29/2021

Start date

4/29/2021

Date of last update

4/20/2022

Description

Through the 'Impulsaton' campaign, subsidized educational credits will be granted to vulnerable young people seeking to enter higher education in the second semester of 2021. Among the long-term lines for undergraduate credit, is the 'Fund for Guarantees - Codeudor', intended for students who prove that one, or both parents have been confirmed cases of contagion of COVID-19, or that prove the economic impact on the family nucleus for reasons related to COVID-19. The user can pay 0% ,10% or 25% of the requested credit while studying. The credits have a subsidized interest rate, that is, the credit will only be valued according to the Consumer Price Index (annual CPI). Students also receive a support of COP $ 904,770 per semester, which is increased annually according to the CPI.
In July 2021 the call for the second semester of 2021 was opened, which will remain open until September 17, 2021.

Official Sources

Icetex (07-27-21). 'Estos son los 9.000 jóvenes que recibirán crédito subsidiado del ICETEX'. [https://portal.icetex.gov.co/Portal/Home/prensa-icetex/2021/07/27/estos-son-los-9.000-jovenes-favorecidos-con-cr%C3%A9dito-subsidiado-del-icetex].

Presidencia de la República (05-21-21). 'Icetex otorgará 9.000 créditos subsidiados a jóvenes vulnerables para educación superior'. [https://idm.presidencia.gov.co/prensa/icetex-9000-creditos-subsidiados-jovenes-vulnerables-educacion-superior-210521].

Icetex (05-19-21). 'Últimos días de inscripción para otorgar 9.000 créditos educativos con subsidio'. [https://portal.icetex.gov.co/Portal/Home/prensa-icetex/2021/05/19/ultimos-dias-de-inscripcion-para-otorgar-9.000-creditos-educativos-con-subsidio].

Characteristics of the measure

Type of measure

Payment facilities (1) (6)

Sphere

Containment of user spending (5) (7)

Target population

Youth living in vulnerability who are registered in the Sisbén IV and have the required score of the test 'Saber 11' (1) (14)

Informed coverage

First semestre: 9,000 credits

Frequency / duration

Once per semester

Place of delivery

Unspecified

Recipient Registration System

-Innovación: La solicitud de subsidio de tasa y subsidio de sostenimiento se debe realizar a través de la página web [www.icetex.gov.co/creditostueliges].

Responsible Institution

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