Like many areas of the world, the cost of college is increasing rapidly in Brazil. Although it is still much less expensive than other areas of the world, many people have trouble paying for tuition costs. At one time, there were few lending programs for students to utilize. As a result, the only people who attended college came from wealthy families.
Bradesco is a large bank in Brazil that has a great student loan program. Over the past few years, the bank has developed this program to help students across the country. The original idea for the program came from Luiz Carlos Trabuco Cappi as CEO. Although he does not work with the company anymore, he is still passionate about helping young students.
As the cost of college increases, many students are looking for alternative options for school. There are many students who would rather go to college through an online school. An online school offers more flexibility and a lower cost than a traditional school. However, there are some students who prefer to have the traditional college experience.
One of the great things about the lending program at Bradesco is the flexibility. Students can utilize various resources in order to pay for college. Some students choose to borrow money with traditional student loans.
Read more on valor.com.br
Now is a great time to borrow money due to current interest rates. Although the economy in Brazil is improving, interest rates are still lower than just a few years ago. Students who need to borrow money for college generally get lower rates of interest than typical loans. The government helps banks subsidize the cost of these loans.
Bradesco offers a flexible payment plan for students. It is hard to find a job right after college for some students. As a result, Bradesco does not require students to start making payments until several months after graduation.
Choosing a College
According to valor.com.br Bradesco also offers a class for students on choosing a college. There are many people who want to make the right decision when choosing a college to attend. Bradesco offers various different aspects to consider when choosing a college. There are some students who choose a college based on who they know at the campus. This is the wrong strategy when choosing a college. Choosing a college is one of the most important decisions that anyone will ever make. Spending some time choosing a college is critical to making a good decision. The cost of attendance is one of the most important factors to consider.
Next Steps for Students
As more students continue to attend college each year, the lending program at Bradesco will only increase in popularity. This is a wonderful program started by Luiz Carlos Trabuco Cappi. Although Luiz Carlos Trabuco Cappi made plenty of mistakes while leading Bradesco as chairman, the student loan program has been a massive success.
The leaders of Bradesco are trying to find a new CEO to lead the company. There are numerous people who have expressed interest in the open position. It will be interesting to see who is chosen to replace Luiz Carlos Trabuco Cappi.
Learn more about Luiz Carlos Trabuco: http://economia.estadao.com.br/noticias/geral,bradesco-anuncia-substituto-de-luiz-trabuco-na-presidencia-do-banco,70002178384