Fundo de Financiamento ao Estudante do Ensino Superior
Brazilian social welfare program / From Wikipedia, the free encyclopedia
The Fundo de Financiamento ao Estudante do Ensino Superior (English: Higher Education Student Financing Fund), also known as FIES, is a Brazilian Ministry of Education program created in 1999 with the aim of financing higher education degrees for students enrolled in private institutions. It allows students to start paying their tuition fees only after graduation.[1][2]