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New savings law confirmed by Lula distributes extra money to more than 1,2 million Brazilians, check it out!

Written by Deborah Araújo
Published 16/09/2024 às 08:46
New savings law confirmed by Lula distributes extra money to more than 1,2 million Brazilians, check it out!
Photo: DALL-E

The new savings law is coming in strong and promises to impact the lives of more than 1,2 million people across Brazil! Find out how to secure this extra cash.

The new savings law has arrived with a bang and promises to make a difference in the lives of more than 1,2 million people across Brazil! The decree signed by President Lula is already in effect, and the changes are boosting the economy, especially for those who are part of the Bolsa Família program and registered with CadÚnico. This extra money could be the push needed to guarantee a better future for many families!

What is the Nest Egg Program?

On Jornal da Record, this news was a hit when the new savings law was announced, which is part of the Nest Egg Program. The goal? To provide financial support up to R$ 3.200 per year for low-income students who are in high school. And best of all, this aid is intended to ensure that these young people continue studying, without having to leave school to work and help with household expenses.

The Pé-de-Meia Program is the star of the new savings law. It was created to help low-income students stay in school and thus have a better chance of completing high school. This extra money will help these students focus on their studies without worrying so much about financial difficulties. It is like a kind of “savings for the future”, where students accumulate amounts over the years and can withdraw the money when they finish school.

According to Lula's decree, this program is administered by Caixa Tem, an application that is already well-known to Brazilians. And this financial aid is no small thing: at the end of high school, Students can accumulate up to R$9,2 thousand, which can be a huge relief for those who are thinking about taking their first steps into adult life, whether entering the job market or even investing in studies.

How the new savings and extra money work

If you are a high school student and are registered with CadÚnico, pay attention, because the benefit is released at the beginning of the year. The amount of R$200 is credited as soon as the student enrolls. But it doesn't stop there! If school attendance is maintained above 80%, the student is entitled to R$1,8, paid in installments throughout the year. So, in short, the student will receive:

  • R$200 at the beginning of the year, when you enroll;
  • R$1,8, paid in 9 installments of R$200, if school attendance is maintained;
  • And another R$1 saved in a savings account, which can be used as soon as the student completes high school.

For students who take the Enem at the end of the 3rd year, there is also a bonus of R$200. This extra money can be used to invest in study materials, transportation, food or whatever else the young person needs to stay focused on education.

Who is entitled to the benefit?

The new savings law is aimed at the children of Bolsa Família beneficiaries and families registered with Single. These families are among those most in need of financial support in the country, and this initiative by the Lula government is a way to ensure that young people from these families do not need to drop out of school to work.

It is worth remembering that students in public schools do not pay the Enem registration fee, which is already an incentive for more young people to complete their studies and continue their academic education. The Pé-de-Meia Program is another tool to combat the educational inequalities that still persist in Brazil.

How to withdraw money from savings?

Os deposits of R$200,00 will be made monthly during the school year, for students who enroll and prove minimum attendance in classes. These amounts can be accessed at any time, whether for withdrawal, investment in government bonds or remaining in savings. Bonuses related to passing the school year and participating in the Enem will only be transferred at the end of high school..

O total value of R$ 9,2 thousand, if saved by the student or guardians, can make a huge difference in the life of someone who is starting out. After all, it is an amount that can be used to pay for courses, school materials, transportation or even to give that initial boost to your own business.

The importance of the new savings law

This new savings law is not just about extra money, but also about impact it can have on the lives of thousands of young people and their families. With the Lula government leading this initiative, the focus is to ensure that all Brazilians, regardless of their financial situation, have access to quality education and a fair chance to achieve a better future.

With programs like Pé-de-Meia, Brazil takes an important step towards a more egalitarian system, where education is the key to opening doors and creating new opportunities for everyone.

So, if you know someone who fits these criteria, share this news! The new savings law is here to transform lives and ensure that Brazil's future is built with education, dedication and, of course, a good nest egg to help along the way!

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Deborah Araújo

I write about renewable energy, automobiles, science and technology, industry and the main trends in the job market. With a close eye on global developments and daily updates, I am dedicated to always sharing relevant information.

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