The World Bank Report No: ISR14701 Implementation Status & Results Colombia ACCESS WITH QUALITY TO HIGHER EDUCATION PROJECT-ACCES II -SOP PHASE 2 (P145782) Public Disclosure Copy Operation Name: ACCESS WITH QUALITY TO HIGHER EDUCATION Project Stage: Implementation Seq.No: 1 Status: ARCHIVED Archive Date: 12-Jul-2014 PROJECT-ACCES II -SOP PHASE 2 (P145782) Country: Colombia Approval FY: 2014 Product Line: IBRD/IDA Region: LATIN AMERICA AND CARIBBEAN Lending Instrument: Investment Project Financing Implementing Agency(ies): Instituto Colombiano de Crédito Educativo y Estudios Técnicos en El Exterior (ICETEX) Key Dates Board Approval Date 01-Apr-2014 Original Closing Date 30-Jun-2019 Planned Mid Term Review Date 31-Jan-2017 Last Archived ISR Date Effectiveness Date Revised Closing Date 30-Jun-2019 Actual Mid Term Review Date Project Development Objectives Project Development Objective (from Project Appraisal Document) The objective of the Project is to increase student enrollment, graduation and equity in higher education, by: (a) increasing the number of ACCES Student Loans and the ACCES Program’s focus on students from disadvantaged socioeconomic backgrounds and in quality higher education institutions and programs; and (b) enhancing ICETEX’s institutional capacity. Has the Project Development Objective been changed since Board Approval of the Project? Yes No Component(s) Component Name Component Cost Component 1: Student Loans 424.00 Component 2: Institutional Strengthening 12.00 Overall Ratings Public Disclosure Copy Previous Rating Current Rating Progress towards achievement of PDO Satisfactory Overall Implementation Progress (IP) Satisfactory Overall Risk Rating Low Implementation Status Overview The Project is pending signing and has not yet begun implementation. Locations Page 1 of 7 The World Bank Report No: ISR14701 Country First Administrative Division Location Planned Actual Colombia Vichada Departamento del Vichada ✔ Public Disclosure Copy Colombia Vaupes Departamento del Vaupes ✔ Colombia Valle del Cauca Departamento del Valle del Cauca ✔ Colombia Tolima Departamento de Tolima ✔ Colombia Sucre Departamento de Sucre ✔ Colombia Santander Departamento de Santander ✔ Colombia Archipielago de San Andres, Providencia y Providencia y Santa Catalina, Santa Catalina Departamento de Archipielago de San ✔ Andres Colombia Risaralda Departamento de Risaralda ✔ Colombia Quindio Quindio Department ✔ Colombia Putumayo Departamento del Putumayo ✔ Colombia Norte de Santander Departamento de Norte de Santander ✔ Colombia Narino Departamento de Narino ✔ Colombia Meta Departamento del Meta ✔ Colombia Magdalena Departamento del Magdalena ✔ Colombia La Guajira Departamento de La Guajira ✔ Colombia Huila Departamento del Huila ✔ Colombia Guaviare Departamento del Guaviare ✔ Colombia Guainia Departamento del Guainia ✔ Public Disclosure Copy Colombia Cundinamarca Departamento de Cundinamarca ✔ Colombia Cordoba Departamento de Cordoba ✔ Colombia Choco Departamento del Choco ✔ Colombia Cesar Departamento del Cesar ✔ Colombia Cauca Departamento del Cauca ✔ Colombia Casanare Departamento de Casanare ✔ Page 2 of 7 The World Bank Report No: ISR14701 Country First Administrative Division Location Planned Actual Colombia Caqueta Departamento del Caqueta ✔ Public Disclosure Copy Colombia Caldas Departamento de Caldas ✔ Colombia Boyaca Departamento de Boyaca ✔ Colombia Bolivar Departamento de Bolivar ✔ Colombia Bogota D.C. Distrito Capital de Bogota ✔ Colombia Atlantico Departamento del Atlantico ✔ Colombia Departamento de Antioquia Departamento de Antioquia ✔ Colombia Amazonas Departamento del Amazonas ✔ Results Project Development Objective Indicators Indicator Name Core Unit of Measure Baseline Current End Target Increase student enrollment in higher Number Value 1.84 2.32 education- 1. Enrollment in higher education. Date 31-Dec-2012 30-Jun-2019 Comments Millions Millions Increase graduation in higher education- 2. Number Value 241.00 406.00 Graduation in higher education. Date 31-Dec-2012 30-Jun-2019 Comments Thousands Thousands Increase equity in higher education- 3. Percentage Value 58.10 64.30 Percentage of new students enrolled in higher Date 31-Dec-2012 30-Jun-2019 education from families earning less than 2 Comments minimum salaries. Public Disclosure Copy Increase equity in higher education- 4. Percentage Value 49.40 59.00 Percentage of graduates from families earning Date 31-Dec-2012 30-Jun-2019 less than 2 minimum salaries. Comments Intermediate Results Indicators Page 3 of 7 The World Bank Report No: ISR14701 Indicator Name Core Unit of Measure Baseline Current End Target 1. Number of new students obtaining an Number Value 40.00 44.00 ACCES student Loan. Date 31-Dec-2012 30-Jun-2019 Public Disclosure Copy Comments Thousands Thousands 2. Number of ACCES student loan renewals. Number Value 158.00 218.00 Date 31-Dec-2012 30-Jun-2019 Comments Thousands Thousands 3. Percentage of new ACCES student loans Percentage Value 29.00 35.00 given to students who qualify for a government Date 31-Dec-2012 30-Jun-2019 subsistence grant. Comments 4. Percentage of new ACCES student loans Percentage Value 22.00 28.00 given to students who qualify for a government Date 31-Dec-2012 30-Jun-2019 subsistence grant and score below the SISBEN Comments cutoff points. 5. Percentage of new ACCES student loans Percentage Value 9.00 11.50 given to indigenous peoples, afro-Colombians, Date 31-Dec-2012 30-Jun-2019 Roma and victims of violence. Comments 6. Percentage of new ACCES student loans Percentage Value 28.00 40.00 given to students enrolled in accredited higher Date 31-Dec-2012 30-Jun-2019 education institutions or programs. Comments 7. Geographic distribution of ACCES loans to Percentage Value 4.00 6.50 new students in zonas apartadas. Date 31-Dec-2012 30-Jun-2019 Comments 8. Subcomponent 2.1--Annual administrative Percentage Value 3.10 3.00 cost of ICETEX. Date 31-Dec-2012 30-Jun-2019 Comments 9. Subcomponent 2.1--Information systems Text Value C&CTEX, APOTEOSYS and Implementation of the IT Public Disclosure Copy upgraded. CRM in use and networked to strategy personal computers. Date 31-Dec-2012 30-Jun-2019 Comments 10. Sucomponent 2.1--Percentage of Percentage Value 36.00 19.00 nonperforming loans Date 31-Dec-2012 30-Jun-2019 Comments Page 4 of 7 The World Bank Report No: ISR14701 11. Subcomponent 2.2--Number of HEI Number Value 90.00 Support Offices monitored by ICETEX through Date 30-Jun-2019 on-site visits. Comments Not Applicable Public Disclosure Copy 12. Subcomponent 2.2--Percentage of HEIs Percentage Value 54.00 64.00 that perform above the benchmark on at least 5 Date 31-Dec-2012 30-Jun-2019 of the 6 indicators in the scorecards. Comments 13. Subcomponent 2.2--Sustainability index - Percentage Value 6.60 6.00 Student loan attrition (non-renewal) and Date 31-Dec-2012 30-Jun-2019 associated default rate among ACCES Comments recipients. 14 a) Subcomponent 2.3--Total sum of Number Value 84.00 176.00 resources available for student credit Date 31-Dec-2012 30-Jun-2019 generated from external sources. Comments Funds under Administration Funds under Administration COP ( in billions ) COP ( in billions ) 14 b) Subcomponent 2.3 --Total sum of Number Value 96.00 88.00 resources available for student credit Date 31-Dec-2012 30-Jun-2019 generated from external sources. Comments ICETEX budget ICETEX budget COP ( in billions ) COP ( in billions ) 15 a) Subcomponent 2.3--Number of new Number Value 1.70 1.00 student loans given to indigenous peoples and Date 31-Dec-2012 30-Jun-2019 Afro-Colombians through ICETEX’s Vice- Comments Indigenous ( In thousands ) Indigenous ( In thousands ) presidency for Administered Funds (VFA). 15 b) Subcomponent 2.3--Number of new Number Value 2.30 1.50 student loans given to indigenous peoples and Date 31-Dec-2012 30-Jun-2019 Afro-Colombians through ICETEX’s Vice- Comments Afro- Colombia ( in Afro- Colombia ( in presidency for Administered Funds (VFA). thousands) thousands) 16. Subcomponent 2.4--Impact evaluations Text Value 2009 IE published in 2010 2nd IE completed (IEs) of ICETEX student loan programs have and 2013 IE underway to be Public Disclosure Copy been designed and completed. published in 2014 Date 31-Dec-2012 30-Jun-2019 Comments Direct project beneficiaries Number Value 198.00 262.00 Date 31-Dec-2012 30-Jun-2019 Comments Female beneficiaries Percentage Value 57.00 54.00 Page 5 of 7 The World Bank Report No: ISR14701 Sub Type Supplemental Public Disclosure Copy Data on Financial Performance (as of 02-Apr-2014) Financial Agreement(s) Key Dates Project Ln/Cr/Tf Status Approval Date Signing Date Effectiveness Date Original Closing Date Revised Closing Date P145782 IBRD-83540 Not Effective 01-Apr-2014 30-Jun-2019 30-Jun-2019 Disbursements (in Millions) Project Ln/Cr/Tf Status Currency Original Revised Cancelled Disbursed Undisbursed % Disbursed P145782 IBRD-83540 Not Effective USD 200.00 200.00 0.00 0.00 200.00 0.00 Disbursement Graph Public Disclosure Copy Key Decisions Regarding Implementation The Project was approved by the Bank's Board of Executive Directors on April 1, 2014. Restructuring History There has been no restructuring to date. Page 6 of 7 The World Bank Report No: ISR14701 Related Projects There are no related projects. Public Disclosure Copy Public Disclosure Copy Page 7 of 7