Values will be blocked until the Ministry confirms that the student has met the requirements to receive the incentive; If there are problems or account closure, the money will be kept in savings
The Ministry of Education () published a decree in the Official Gazette of the Union (DOU) containing rules for the application of the “completion incentive”, which offers financial benefits to public high school students to encourage them to stay and complete their studies. According to the order, students will be able to choose between two forms of investment for the value of the incentive: total investment in savings or in federal public bonds from Tesouro Direto.
The amounts will be blocked until the MEC confirms that the student has met the requirements to receive the incentive. And, if there are problems or account closure, the money will be kept in savings until regularization. By default, the money will be invested in savings, but the student can change this option at any time. According to the benefit rules, the authorization of the legal guardian will only be required once, when releasing the account.
The ordinance also establishes that Caixa Econômica Federal, as a financial agent, must provide clear and accessible information about investments, including profitability and cost reports. The program also provides that if the student does not meet the requirements or is terminated, the amounts invested, including income, will return to the Costing Fund (Fipem), which finances the Nest Egg.
*With information from Estadão Conteúdo
Published by Fernando Dias
