In Chile, There are 3 loans or credits to choose for studying and get into debt when getting the degree.
- Fondo Solidario del Crédito Universitario (University Credit's Supportive fund)(FSCU)
- Crédito con Aval del Estado (Credits by State's Guarantee) (CAE)
- Credito CORFO (CORFO credit, CORFO: Foment Corporation to Production) (CCO)
What are differences between both of thes
e three credits?
You'll see that answer coming up:
Their Coverages:
- FSCU: US$240 per Monthly Payment
- CAE: Amount you may choose, but you'd have to pay until US$25 per Monthly Payment (this credit doesn't cover the TOTALITY)
- CCO: Totality of the care
er
PSU score Requirement:
- FSCU: 475 or over PSU score (as average)
- CAE: 475 or over PSU score (as avera
ge)
More Rates for Credits:
For example:
Your career costs US$ 420 monthly, The year (10 months) it'll cost US$ 4200, and The 5 years along (duration of such any career) it'll cost US$ 21000
you will pay off until the double of the career.
The FSCU is 2% rate (interest)
The CAE is from 5 to 6% rate (intere
st)
If you delay paying off some credit, the debt will grow and maybe until becoming double.,
This image says it all
"I'd die if my children couldn't keep studying"
(Source: Insurance Company 'Corpvida', Iquique, Chile)
What do you think getting into debt for studying and being happy?
Bye
No hay comentarios:
Publicar un comentario