The original Higher Education Project requires a counterpart contribution of 15% for local expenditures in civil works and goods; 5% for consultants; and 50% for operating costs. The additional credit, however, will provide 100% IDA financing based on the new IDA financing parameter established for Mozambique. * The credit is provided on standard International Development Association (IDA) terms, with a commitment fee of 0.35 percent, a service charge of 0.75 percent over a 40 year period of maturity which includes a 10-year grace period.