Icesi University has established various mechanisms to recognize academic achievement and give financial aid to students.
•    The University offers its own special financial aid plans and has arrangements with financial entities to help students pay for their education.
•    Students with high academic performance are given the opportunity to be class monitors and to assist professors in the teaching process. For this, they receive partial scholarships and money for books.
•    Students from all majors who meet the University's scholastic requirements each semester.

become members of the Dean's List. In recognition of their efforts, they can receive scholarships from 20 to 50% of their registration costs. To meet the Dean's List requirements, students must maintain a grade average of at least 4.0 out of a possible 5.0.
A number of local companies provide scholarships to students of high academic achievement with economic difficulties. Icesi also grants some types of scholarships using the same criteria.

Alternatives for Paying the Registration Fees

Those aspirants admitted for the first semester, in order to assure a place in the University, must pay 20% of the tuition within the first five business days after the date of admission.  The remaining 80% of these fees must be paid by the 15th of December 2006.

Cash Payments

The tuition fees may be paid in cash or by cashiers or business     checks, by deposits in the offices of DAVIVIENDA,     BANCOLOMBIA,     BANCO DE OCCIDENTE and BANCO SANTANDER. In the same manner,     up to 100% of the tuition fees can be paid with a credit card     (MASTER CARD, VISA, DINERS CLUB, and AMERICAN EXPRESS).  

Credit with Financial Institutions

The University looks for financial institutions to offer students and their families lines of credit especially for the financing of their studies. The following institutions at present offer educational credit with preferential rates: Banco de Bogotá, Bancolombia, Banco Caja Social, Coomeva, Bansuperior, Banco Granahorrar, Giros and Finanzas, Inversora Pichincha, and Credivalores.  The credit application form of the institution must be answered and delivered with the proper support documents annexed in sufficient time to receive approval before the deadline for paying the registration fees.


Credit Directly with the University

Once     the bill for paying the tuition fees is received, go to the Office of Administration and Finance.  Ask for an application form, fill it out completely, and turn it in with the documents requested to the same office. The University will receive credit applications until the 7th of December 2006.

The University finances up to 50% of the tuition fees. Credit may be paid in five (5) monthly payments with interests on the balance. The credit must be backed-up with post-dated checks and a promise of payment, signed by the student and a co-signer.  The post-dated checks covering the balance remain in the possession of the University and will be deposited on previously agreed upon dates established in the promise of payment.

ICETEX Credits
ACCES

Icesi University has an agreement with ICETEX “Access to Quality Higher Education in Colombia”, which guarantees the access and permanence of students with high academic potential registered and admitted by the University. The sum loaned by ICETEX is determined by the socio-economic stratum of the applicant.

To receive more information, go to the Office of Admissions and Registry or visit the web site www.icetex.gov.co. Through this page, go to the credit application, according to the calendar, and follow the instructions established by this entity. Once the process has been completed, you can verify if your credit has been approved or not and what procedures to follow. The Office of Admissions and Registry offers advice for the credit application process.

Medium Term Payment
ICETEX has a line of educational credit, directed towards students with an excellent grade average. ICETEX finances up to eight (8) legal minimum monthly salaries in force per semester, so that the student pays 60% in the study period and 40% after finishing the career. Look for information on the web page www.icetex.gov.co, where you can consult the procedure and the requirements in order to obtain the credit, as well as submit the application, according to the schedule and the instructions of the organization.

WHAT SCHOLARSHIPS DOES THE UNIVERSITY OFFER?

ACCES-Icesi University Agreement Scholarship

Icesi University, as a matter of fulfilling the Access to Quality Higher Education in Colombia (ACCES) agreement, endorsed by ICETEX, gives scholarships for 25% of the value of the tuition fees to students who enter the first semester and who are residents of socio-economic stratums 1, 2, and 3 with ICETEX-ACCES credit approved. This scholarship is maintained during the entire period of the under-graduate studies, provided the student fulfills the scholarship regulations of the University.  

Institutional and Business Scholarships

Icesi University includes annually in its budget, an entry to be used in projects of education, science and technology and to grant scholarships to students with good academic performance in high school and whose family income does not exceed 2.5 times legal the minimum monthly salary in force at the time. Thanks to the bond the University has with the business sector, there are scholarships available for Systems Engineering, BECA BEIS; for Public Accounting and International Finance, BECA COFI; for Law, BECA BEDE; and Computer Science Engineering, BECA BEIT. The interested candidate for any of these scholarships, once admitted, may claim the application form from the Office of Admissions and Registration.  The candidate must hand it in with the required documentation during the next three (3) business days. The Scholarship Committee studies the request and decides whether or not to approve it. The Office of Admissions and Registration will inform the students about the scholarships granted and the percentages assigned. Each semester the student must request renovation of the scholarship, which will be evaluated by the Scholarship Committee of the University. The University will verify the necessary items in order to assure the fulfillment of the required requisites.

PriceWaterhouseCoopers Scholarship

The firm of PriceWaterhouseCoopers, committed to the formation of professionals in Public Accounting and International Finance of the Icesi and with the objective of benefiting students exhibiting excellent academic performance and of proven economic necessities, awards a scholarship for 50% of the value of the registration fees.

Gillette of Colombia Scholarship

For students in any degree program, of excellent academic performance, and of proven economic necessity, Gillette of Colombia offers a scholarship of 50% of the tuition fees.

BENEFITS FOR ACADEMIC MERIT
Icesi Scholarship for Excellence

This scholarship is given only to high school graduates who enter the first semester of the University in any degree program offered by the University and who have obtained one of the first 20 places on the State Exams (ICFES).  The scholarship consists of:

1. Tuition Fee Help
o    Help with 75% of the tuition fees for the first semester and 25% during the rest of their undergraduate studies for high school graduates who occupy the first 10 positions on the State Exams (ICFES).
o    Help with 50% of the value of the tuition fees and 15% during the rest of their undergraduate studies for high school graduates who occupy the positions 11 through 20 on the State Exams (ICFES).

2. International Experience
o    Students deserving of the Scholarship for Excellence will receive support of up to five (5) times the legal minimum monthly salary in force, one time only, to realize one semester’s experience or one year’s exchange or international internship.

3. Groups of Investigation
o    The students who have an Icesi Scholarship for Excellence will be invited, from the first semester, to participate, if so desired, in a program of educating investigators.

The Icesos Scholarships

The Icesos Scholarships are directed towards students with high performance and academic potential who have occupied one of the first 200 places on the State Exams (ICEFES) and who are interested in studying one of the degree programs offered by the University, with ICETEX-ACCES credit approved, who live in the socio-economic stratums 1 and 2 and whose family income does not exceed 2.5 times the legal minimum monthly salary in force at the time.

1. Tuition Fee Aid
o    A scholarship award of 40% of the value of the tuition fees will be granted to high school graduates from socio-economic stratums 1 and 2 not affiliated with Sisben will be granted during their entire undergraduate study program.

o    A scholarship award of 25% of the value of the tuition fees will be granted to high school graduates from socio-economic stratums 1 and 2 affiliated with Sisben during their entire undergraduate study program.

2. Food
o    The University will provide lunch during the academic period to students who receive an Icesos Scholarship.

3. Books
o    The Library will loan the basic books during the academic period to the students who receive an Icesos Scholarship.

4. Transportation, Supplies and Photocopies

o    The University will award to students, who receive an Icesos Scholarship, a stipend of one (1) legal minimum monthly salary in force per semester, during their entire undergraduate studies program for supplies, photocopies, and transportation.


Honor Scholarships

Beginning with the second semester, the students who have obtained the highest grade averages, in their respective class, will make up the Honor Roll of the University. In addition to the distinction of honor, scholarships will be awarded which consist of the return of a percentage of up to 50% of the value paid in the tuition fees the previous semester, according to the Book of Rights, Obligations and Regulations of the Undergraduate Students.

Monitorships

For students with good academic performance, the University offers the regular and special Monitorships Program. Beginning with the third semester, the academically superior students, who fulfill the requirements of the University, may help professors in the teaching processes or in certain offices with their ordinary activities.  An economic benefit is offered which helps with their maintenance expenses.

The University will make the necessary verifications in order to assure fulfillment of the demanded requirements. Once the ICETEX-ACCES credit is approved, the student must claim the socio-economic survey from the Office of Admissions and Registration, answer it completely and turn it in with the required documentation during the three (3) following business days to this same office.