The Progresar Scholarships awarded by ANSES reach young people between 16 and 24 years old, and target all levels of education.
The National Government of Javier Milei recently announced the elimination of the “Progresar” Trust Fund, previously established by the National Social Security Administration (ANSES), so the Progresar Scholarships They will no longer be funded. This decision could affect the beneficiaries of the benefit, since it could reduce its amount or disappear altogether.
The Progresar Scholarships are intended to mitigate the social and economic inequalities that hinder the exercise of the right to education. Strengthens the trajectories of those seeking finish your compulsory educationtrain professionally or study a higher level career. They are a crucial part of the education of thousands of young people.
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Elimination of the “Progresar” trust fund: what will happen to scholarships
The National Government did not give news about the continuity of the Progresar Scholarshipsbut so far the benefit is sustained despite eliminating its main financing fund. A 75% increase in the benefit was recently announced, and in October students would receive $35,000. however, 20% of that total is retained by ANSES, so they would really see $28,000 impacted their accounts.
What did the “Progresar” trust fund that Javier Milei eliminated did?
The Progresar Scholarship Trust Fund was created in 2022 with a duration of 20 years. This fund was established through a trust agreement, and at the end of this period, the ownership of the trust assets would pass to the trustee, which at that time was the Ministry of Education, now the Ministry of Education. The background It was made up of various actors as the executive director of ANSES, the Ministry of Education, the Subdirectorate of Operation of the Sustainability Guarantee Fund of the Administrator and the Undersecretary of Management of the educational portfolio.
These assets were not considered budgetary or other resources. Besides, other resources could be added coming from the National Treasury and contributions, contributions, subsidies, legacies and donations specifically earmarked for this fund. The main objective was to ensure the sustainability and correct administration of the Progresar scholarships to support the education of young Argentines.
Elimination of the “Progresar” trust fund: the Official Gazette
Source: Ambito
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