Teachers Fund Clarifies Temporary Drop in Loan Affordability for Some Members.
Teachers Fund Clarifies Temporary Drop in Loan Affordability for Some Members. Management of the Teachers Fund has issued an official notice to clarify recent concerns surrounding the affordability of loan applications submitted by some members. According to the Fund, assessments conducted through the Third Party Referencing System (TPRS) revealed a decline in the affordability levels of certain applicants. This situation followed payroll deductions made for teachers’ Continuous Professional Development (CPD) and the National Teaching Council (NTC) Teacher Licence Fee. These deductions were captured in the December 2025 payroll and consequently affected the affordability calculations. In some instances, the deductions resulted in zero affordability. As a result, some applicants are currently unable to qualify for the loan amounts they applied for. Engagements between Management and the TPRS team indicate that the identified affordability challenges are expected to be fully corrected af...