ASOBOLIVAR Educational Fund

Newsletter

Dear Parents,

“The philosophy of the ASOBOLIVAR Educational Fund is rooted in the belief that education is the best legacy we can leave for our children, and the Fund is precisely a community solidarity response to ensure their education at Colegio Bolivar.” 

The ASOBOLIVAR Educational Fund has been in existence for 29 years and has provided full education coverage up to 12th grade for 57 students whose insured parents have passed away.

The nature of the Fund is one of solidarity and community commitment, and to fulfill its objective, every student at Colegio Bolivar is a beneficiary of it, through the insurability of at least one of their parents. 

We would like to share with you two topics related to the ASOBOLIVAR Educational Fund that are of interest to you. 

Temporary Financial Assistance Program 2025-2026 

A medium-term goal of the Fund is to allocate partial assistance called “Temporary Financial Assistance” to support Bolivar families experiencing economic difficulties so they can fulfill their obligations to the institution. 

Prior to the pandemic, an average of 22 annual requests were received from Bolivar families facing economic challenges in meeting their obligations to the institution, and assistance was granted to 15 students, equivalent to 68% of the requests. This trend took a turn due to the unprecedented events of 2020. 

Thanks to the trajectory of the ASOBOLIVAR Educational Fund, with over 29 years of existence, and the efficient management of resources, we were able to provide solidarity support and contribute to the well-being of our families amidst the challenges we faced. We managed to support almost all families that applied for the Temporary Financial Assistance Program, reaffirming the vision of our Bolivar Community to work together. Over the past four (4) school years, the trend has been returning to the previous average of requests. During the 2024-2025 academic year, assistance was provided to 17 students with a budget equivalent to $231 million. 

Each school year, through the ASOBOLIVAR Fund, a limited budget is allocated for the Temporary Financial Assistance Program, prioritizing students based on the number of years at the school and the severity of the family crisis. The assistance entails granting one scholarship per family during the school year, covering a percentage of the annual tuition and transportation service. Depending on the analysis of each case, assistance ranges from 25% to 50% of the educational costs.

This program is funded by the Educational Fund and managed by the interdisciplinary ASOBOLÍVAR commission, which reports to the Financial Committee of the School’s Board of Directors. Starting from the 2010-2011 school year, the Board of Directors decided to extend this program from three to four years, specifically for families with students in Grade 12, based on the following criteria: 

  • Situations of documented family calamity. 
  • Availability of surplus resources from the Fund
  • Excellent overall performance of the student, including character, personal aptitudes, peer relations, and ranking within the top 25% of their academic level. 

Submission of Temporary Financial Assistance Program Applications 

Until March 21, 2025

📌No applications will be accepted after this date.

Please proceed to the following link to begin your application process for the upcoming school year 2025-2026.

Life Insurance 2024 – 2025

Affiliation to the ASOBOLIVAR Educational Fund’s Life Insurance is a benefit included in the school’s educational costs and is recommended for both parents. The institutional policy offers a single-rate option to insure both parents at no additional cost for the second insured. 

If you wish to make any adjustments or changes to the current status of the insured, please contact  Mrs. Bonny Alexandra Rivera, who will send you the individual insurance request form. The school is committed to making every effort to seek the best benefits and options for this policy for the entire parent community. You can find the policy clauses for the current policy period 2024-2025 at this link.

If you have any questions or concerns, please email to cbfinanzas@colegiobolivar.edu.co

We appreciate your attention and do not hesitate to contact us for any questions at PBX: (602) 485 5050 / 602 387 6160, Extension 256 or at the email: admisiones@colegiobolivar.edu.co.

Assistance for Serious Illnesses & Funeral Expenses 

Value-Added Coverages 

(conditions contracted through the Life Insurance Policy)

Assistance for Serious Illnesses of $20.000.000

It is important to note that this assistance begins coverage, for new enrollments, 90 days after the confirmation of individual coverage and aims to cover the first positive diagnosis of any of the serious illnesses considered within the policy’s clauses. 

Funeral Assistance of $7.000.000


Claims should be reported to Colegio Bolivar. Please email: to cbfinanzas@colegiobolivar.edu.co