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Angara: Defer teachers' loan payments in calamity areas

The Philippine Star

|

November 30, 2024

Education Secretary Sonny Angara has requested private and public financial institutions to grant a three-month moratorium on the payment of loans of teachers and non-teaching personnel affected by recent calamities.

- By ELIZABETH MARCELO

In two separate letters—one addressed to all private financial institutions and the other to the Government Service Insurance System (GSIS)—Angara asked that teachers and non-teaching personnel living in areas declared under a state of calamity due to recent typhoons be given a moratorium on the payment of their loans.

Angara specifically requested that the moratorium for Department of Education (DepEd) employees' loan payments be three months, starting in January 2025, with payments to resume in April 2025.

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