The Government of the Canary Islands reduces university fees by 8% in Bachelor's degrees and 15% in master's degrees

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  • The Council of Universities of the Canary Islands has given this Friday a green light to the draft Decree promoted by the Ministry of Education and Universities to reduce public prices of university education, which includes average decreases of between 8 and 15 percent for degree and master’s degrees , respectively.
 

This agreement responds to the commitment announced by the president of the Government of the Canary Islands, Fernando Clavijo, in the past ‘Debate on the State of Nationality’.

The proposal that will be submitted to the Government Council of the Canary Islands for approval will involve an additional contribution of 3.5 million euros from the Ministry of Education and Universities of the Canary Islands Government to the two public universities, which will be immediately passed on to the cost of Higher Education for its students.

To reach this reduction, the General Directorate of Universities has studied in detail the prices of each credit in the different degrees, which have certainly different prices, depending mainly on their level of experience.

 

Once the data has been analyzed and also the influence of the increase in cost according to the first enrollment in a subject or successive, which the state regulation requires to increase, an estimate of the decrease was made, which is around eight percent of the price of credit.

In the same way, the analysis carried out for the qualifying masters, that is to say, those that are required to be able to exercise certain professions, placed the decrease in cost by fifteen percent, since the cost is much higher in these studies.

A PLAN TO THREE YEARS

Image result for 3 year plan“This first reduction in public rates will be the first stage of our three-year plan to turn the archipelago into the community with the lowest public prices in the state in university fees,” said Ciro Gutiérrez, general director of Universities of the Ministry of Education and Universities of the Government of the Canary Islands at the close of the meeting.

With respect to that objective, Gutierrez clarified that logically, there is talk of a “complicated comparison, because other communities also vary their prices, but the calculation is made with the current prices”.

Taking this factor into account, the archipelago would be located next year between the Autonomous Communities with the lowest university enrollment in the State, only above Cantabria, Andalusia and Galicia.

In master studies, the reduction agreed by the Council of Universities of the Canary Islands, an organization in which public and private higher education centers of the islands, their social councils, the General Directorate of Universities of the Canary Islands Government and Canarian agencies participate of University Quality and Educational and Canary Evaluation of Research, Innovation and the Information Society, would make the islands the community with the lowest price, with the exception of Castilla La Mancha.

The general director noted that the measure “not only responds to the request of the student representatives of the Canarian universities, but also will allow the archipelago to advance in the elimination of economic barriers to access to higher education”, something that, said, “it will be a new impulse to boost the talent of young people in the Canary Islands and give them the necessary training tools to develop their academic and professional careers without obstacles”.

OTHER MODIFICATIONS

Apart from the economic aspect, the draft Decree that will be submitted to the Government includes several modifications aimed at facilitating continuity or improving relations between students and academic institutions.

In this sense, for example, the scope of the Enrollment of Honors was extended, as a way of rewarding the effort of the students.

From now on, they will have greater continuity and the discounts to which they are entitled will be applied in the change of studies from Bachelor to Master and also in the access to the Doctorate, when until now those discounts did not apply to new studies.

On the other hand, the decree has been modified to eliminate some obstacles to the student body, claimed by the University Ombudsman, as the non-payment of a part of the registration prevents even receiving a certificate of grades.

In this regard, the text that provided for the cancellation of the registration in the case of defaults was modified to change it due to the suspension of its effects, as long as it is not paid.

In addition, conditions were improved in which the students could request the annulment of the call to which they had to present themselves.

In fact, if you request it before October 15, you can not only cancel the call, but receive the tuition refund.

In addition, the Board agreed that the Decree should give the chance to the rectors of the public universities of the Canary Islands to take similar decisions in case of causes that have arisen for the student.

5 tips to protect ourselves from the misuse of credit cards

5 tips to protect ourselves from the misuse of credit cards

If we use them well and know how to use them, credit cards can be a great payment method to help manage family consumption. However, a bad use of plastic on credit can drag us to a debt without exit. In our country, credit card financing is not as deep-rooted as in the United States or some Latin American countries, since we often take advantage of its debit method. But the truth is that in Spain there are almost 50 million credit cards , a fact that more than justifies the need to know how plastic financing works. In the following article, the financial comparator, HelpMyCash.com, offers us 5 tips to make responsible use of our credit card.

1. Know and understand the conditions

1. Know and understand the conditions

The first thing we must be clear before hiring a credit card is that we know the characteristics of plastic. Therefore, it is essential to read the fine print with the conditions and understand each point. But we must do this before hiring the card before you start buying. Some of the conditions to which we have to pay attention are:

  • The APR of the credit card.
  • The modalities of deferment of the debt , the amount of the installments and their periodicity.
  • Associated commissions , by transfer of capital to the current account, for early amortization, for maintenance and issuance, for withdrawal of cash in ATMs of the entity or other banks, for currency exchange, etc.
  • The credit limit of plastic.

2. Not having too many credit cards

Although having several credit cards may seem an advantage, because it increases our chances of having a higher level of credit, it is really a mistake. Using several cards at the same time can become a disadvantage easily , since the options of increasing the level of consumption are enhanced, while at the same time it can make us lose control of our expenses.

3. Check the balance periodically

3. Check the balance periodically

Staying aware of the existing balance in our credit card, payments and collection of commissions is very important. In this way the accounts will always square and we will be aware of the expense that we can continue to face , or against if we should stop spending. Controlling our spending avoids that we overdeliver, but also helps us to be aware of the charges that the entity has made for maintenance and commissions, in addition to checking if they conform to what was agreed in the contract.

4. Do not abuse the deferment in payments

4. Do not abuse the deferment in payments

Credit cards allow us to postpone the payment of our purchases through different modalities. The most profitable option is the postponement to month expired in a single quota; consists of paying for purchases on the first day of the following month in a single payment without interest, so it does not generate extra costs. However, the deferral of purchases in several installments will imply the payment of interest, so that the longer we extend the term of the financing, the more interest we will end up taking on.

Paying with credit can be dangerous if we do not have control of our debts and if we do not recognize the spending limit that we can face. Extending deadlines and increasing expenses can generate a false sense that we always have money, but in reality what we are doing is swelling our debt.

5. Compare several cards

Before hiring a plastic option, we must consult the conditions of the cards of our entity , but also those of other banks. In this way we can find the option that best suits our financial profile and our current consumption needs. Among the sections to buy we have to look at the interest, the commissions, the free insurance they include, as well as the discounts or gifts they give. Here is a table with some of the best credit cards of the moment.

Cards Cost Advantage I’m interested
Visa EVO Finance card 21.00% APR
  • No issue or maintenance fees
  • No need to change banks
  • With free insurance
Apply for
WiZink Gold credit card 27.24% APR
  • No issue or maintenance fees
  • With discounts of up to 50% in establishments
  • With free purchase and accident insurance
Apply for
Gold Visa of ING Direct 15% APR
  • No issue or maintenance fees
  • With a 3% refund at Galp and Shell gas stations
  • With discounts in several establishments
Apply for

 

Younited Credit P2P Loans

Benefits No Payroll: Do not With Asnef: Do not Cash: Do not Limits Minimum term: 24 months Deadline: 72 months Minimum loan: € 1,000 Maximum loan: € 40,000

Additional information from Younited Credit

 

P2p Loans Younited Credit Younited Credit is a company specialized in P2P loans, cheaper and faster than those of traditional banking, you can request amounts ranging between € 1,000 and € 40,000 in installments to return up to 6 years . Depending on the purpose of the loan, the risk rating and the duration of the loan, the interest rate ranges from 5.75% (6.95% APR) to 18.29% TIN (19.90% APR) approximately. Through the simulator itself you can calculate the real cost of your credit before hiring it.

Younited Credit has been granting loans since 2009 in France and it is in 2017 when it comes strongly to Spain with the intention of replicating the business model that has reaped so many successes.

Loans through the Younited Credit platform are granted by professional investors who lend their money in exchange for interest. These investors at the same time gain profitability by lending this money, much more than a bank would give them by investing in a fixed-term deposit and the borrower pays low interest rates and obtains financing quickly . A model completely oriented to the “win to win”, all win.

To apply for a cheap loan at Younited Credit you must first fill out the application form and you will get a response within a maximum of 48 hours . You can request between 1,000 and 40,000 euros to return them within a period of between 24 and 48 months.

To be able to obtain the loan it is necessary to be of legal age and under 70 years of age, not appear on ASNEF lists and have a regular source of income to be able to return the money. By fulfilling these requirements you can request a loan from Younited Credit.

 

Steps to request a loan of up to € 40,000

The process is quite simple and is done through the Internet confidentially. To begin, you must enter the Younited Credit website and follow the steps below:

  • You will see on the screen that you must first choose the purpose of the money , second choose the amount for which you want to borrow and finally select the term .

Younited Credit application page

  • Once the 3 variables have been chosen, click on the “continue” button to see the quotas. A table will appear showing the resulting quotas taking into account the marked options, but other possibilities are also seen at different times. Check the option that best suits you and click on ” Apply for your loan ” .
  • Fill in your personal and contact information . Now the risk is evaluated and if the loan is pre-accepted they send you a contract by email.
  • Sign the contract and make a copy of the documentation that appears on the first page of the contract and send everything to Younited Credit following the instructions given to you. If the loan is accepted, you will receive the money quickly.

Remember that you are requesting a P2P loan through a platform and not from a bank, so if you are granted the loan Younited Credit will charge a commission as an intermediary for the management of the loan. The commission is 1% and is deducted from the loan amount.

If you wish you can repay your loan in advance very easily, either a partial or full refund in advance. You can make this refund in advance by bank transfer. In case of partial early repayment, you can choose between maintaining the amount of the monthly fee, or maintaining the duration of the loan. In any case, once the refund has been made, they will send you a new amortization table with the updated data so that you are always up to date with what you have left to repay, the installments and the new installments.

With Younited Credit you have several financing solutions, both to change car (be it new or used), motorcycle, to finance any type of project related to the home, renovations, to buy furniture, make a move or even to buy a computer , to take a trip, get married or directly to solve any liquidity problem that has been presented to you.