Chile's State-Guaranteed Student Loan Program : Analysis and Evaluation

Chile's Programa de Credito con Aval del Estado (CAE in its Spanish acronym) is uniquely positioned to help hundreds of thousands of qualified-but-financially-needy Chileans attend and finish tertiary education. The CAE program was designed to...

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Bibliographic Details
Main Author:	World Bank
Format:	Other Education Study
Language:	English en_US
Published:	Washington, DC 2013
Subjects:	ACADEMIC PERFORMANCE ACADEMIC YEAR ACADEMICALLY QUALIFIED STUDENTS ACCESS TO FINANCING ACCESS TO TERTIARY EDUCATION ACCESSIBILITY ACCOUNTING ADMINISTRATIVE COSTS ALTERNATIVE SOURCES OF FINANCING AMOUNT OF CREDIT ANNUAL PAYMENTS ASSETS AUCTION AUCTION PROCEDURES AUCTION TECHNIQUES AUCTIONS AVERAGE DEBT BANK POLICY BANKS BASIS POINT BASIS POINTS BENEFICIARY BID BIDS BONDS BORROWER BORROWING BORROWING CAPACITY CAPITAL COSTS CAPITAL MARKETS CAPITAL REQUIREMENTS CAREERS CASH FLOW CASH FLOW ANALYSIS CASH FLOWS CASH ON HAND CASH OUTFLOWS CASH TRANSFER CENTRAL BANK COLLECTION EFFORTS COLLECTION PROCESS CONTINGENT LIABILITIES CONVENTIONAL MORTGAGE CREDIT BUREAU CREDITS DEBT BURDEN DEBT BURDENS DEBT LEVELS DEBT PAYMENT DEBT PAYMENTS DEBT REPAYMENT DEBT SERVICE DEBT SERVICE RATIO DEBTS DEFAULT RATES DEFAULTERS DEFAULTS DEGREE PROGRAMS DEGREES DEPENDENT DEVELOPING COUNTRY DEVELOPMENT CORPORATION DISBURSEMENT DISBURSEMENTS DISCOUNT RATE DIVERSIFIED PORTFOLIO DROPOUT RATES EARNINGS ECONOMICS OF EDUCATION ECONOMIES OF SCALE EDUCATION LOAN EDUCATION SECTOR EDUCATION STUDENTS EDUCATIONAL BACKGROUNDS EDUCATIONAL LOANS ELIGIBILITY CRITERIA EMPLOYEE EMPLOYER EMPLOYERS EMPLOYMENT ENROLMENT RATES ENROLMENT SHARE EQUAL TREATMENT EXCESSIVE DEBT FACE VALUE FAMILIES FAMILY INCOME FINANCIAL ASSISTANCE FINANCIAL DIFFICULTY FINANCIAL NEED FINANCIAL NEEDS FINANCIAL OBLIGATIONS FINANCIAL SYSTEM FISCAL RESOURCES FIXED INTEREST FIXED INTEREST RATES GLOBAL DEBT GOVERNMENT GUARANTEES GRACE PERIOD GRADUATION RATES GRANT PROGRAMS GROSS DOMESTIC PRODUCT GROSS TERTIARY ENROLLMENT GUARANTY HIDDEN SUBSIDY HIGH DEBT SERVICE RATIOS HIGHER EDUCATION HUMAN CAPITAL HUMAN RIGHTS INCOME GROUP INDIGENOUS SCHOLARSHIP INDIVIDUAL LOAN INFLATION INFORMATION SYSTEM INFORMATION SYSTEMS INSOLVENCY INSTITUTIONAL ARRANGEMENT INSTRUMENT INSURANCE INSURANCE POLICY INTANGIBLE INTEREST RATE INTEREST RATES INTERNATIONAL STANDARDS INVESTMENT FUNDS JUDGE JUDGMENTS LABOR MARKET LEARNING LEARNING OUTCOMES LEGAL ACTIONS LEGAL FRAMEWORK LEGAL PROCEDURES LENDERS LEVERAGE LEVERAGES LIQUIDITY LOAN AMOUNT LOAN AMOUNTS LOAN BALANCE LOAN BALANCES LOAN DOCUMENTATION LOAN GUARANTEES LOAN PAYMENTS LOAN PORTFOLIO LOAN PORTFOLIOS LOAN PRINCIPAL LOAN PRODUCT LOAN PRODUCTS LOAN RECOVERY LOAN REPAYMENT LOAN REPAYMENT RATES LOAN REPAYMENTS LOAN SERVICING LOAN SIZE MANDATE MINIMUM WAGE MINISTRY OF EDUCATION MORTGAGE NATIONAL ACCREDITATION NEEDY STUDENTS NEGOTIATIONS OPPORTUNITY COST PAR VALUE PENSION PENSIONS PREPAYMENT PRIVATE BANKS PRIVATE CREDIT PRIVATE CREDIT BUREAU PRIVATE UNIVERSITIES PROFESSIONAL DEGREE PUBLIC FINANCE PUBLIC POLICY PUBLIC SUBSIDIES RATE OF RETURN RATES OF RETURN REAL INTEREST REAL INTEREST RATE REMAINING DEBT REPAYMENT REPAYMENT BEHAVIOR REPAYMENT OBLIGATION REPAYMENT PERIOD REPAYMENT PERIODS REPAYMENT RATE REPAYMENT RATES REPAYMENTS RESEARCHERS RESERVES RISK-FREE RATE SAVINGS SCHOLARSHIP PROGRAMS SCHOLARSHIPS SECOND LOAN STATE GUARANTEE STATE GUARANTEES STUDENT AID STUDENT ASSISTANCE STUDENT DEBT STUDENT FINANCIAL AID STUDENT LOAN STUDENT LOAN BENEFICIARIES STUDENT LOAN PROGRAM STUDENT LOAN PROGRAMS STUDENT LOANS SUBSIDIZATION T-BILLS TAX TAX RETURNS TEACHERS TEI TERTIARY EDUCATION TERTIARY EDUCATION INSTITUTION TERTIARY EDUCATION INSTITUTIONS TERTIARY EDUCATION SYSTEM TERTIARY ENROLLMENT RATE TERTIARY INSTITUTIONS TOTAL DEBT TRANCHE TRANCHES TRANSFER PAYMENT TRANSPARENCY TUITION UNDERGRADUATE DEGREE PROGRAM UNDERGRADUATES UNEMPLOYMENT UNIVERSITIES UNIVERSITY DEGREE UNIVERSITY ENTRANCE UNIVERSITY STUDENTS VETERINARY MEDICINE WRITTEN COMMUNICATIONS
Online Access:	http://documents.worldbank.org/curated/en/2011/03/16406290/chiles-state-guaranteed-student-loan-program-cae http://hdl.handle.net/10986/12954