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2,559 educational credits approved for black communities across the country

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Bogotá D.C.
07 Oct 2019

The National Advisory Board of the Special Fund of Educational Credits of Black Communities approved the allocation of 2,559 new quotas of forgivable credits, of a total of 17,499 people who enrolled in the 2019-2 call.

The resources to facilitate access to forgivable loans are equivalent to three current legal minimum wages, which are renewable every semester. For this call, the Fund has more than $ 6.357 million contributed by the Government, through the Ministry of Education.

The Fund revealed that the departments with the highest number of credit quotas were: Valle del Cauca, with 504 quotas; Bolivar, 325; Chocó, 312; Antioquia, 274; Atlántico, 180; Nariño, 163; Cauca, 144, and Córdoba, 131.

“Although the budget allocation that was made is not sufficient to meet the high demand of students from these communities, who want to access this credit, it does represent the Government's purpose of guaranteeing access to these populations to quality higher education, with an emphasis on vulnerable populations, as provided by the National Development Plan. We hope that, in the coming years, the budget will be greater to guarantee the right to higher education of the black, Afro-Colombian, Raizal and Palenquera community,”said Judith Salazar, Director of Affairs for Black, Afro-Colombian, Raizales and Palenqueras Communities.

The Special Fund for Educational Credits of the Directorate of Affairs for Black, Afro-Colombian, Raizales and Palenqueras Communities is managed by the Colombian Institute of Educational Credit and Technical Studies Abroad, Icetex, an entity that, from this year, will carry out the legalizations of virtual form. The results of the call can be found at www.icetex.gov.co.

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