Teachers’ loans: benefits for state employees

The INPDAP loans for teachers are now provided by the Public Employee Management of the INPS, the National Social Security Institute, which took over the credit services provided to the state by the former INPDAP, now closed. The transfer of responsibilities to the INPS implies that today teachers, like all other workers in the public sector , can apply to the Institute for funding. The advantage compared to loans available on the market is often constituted by convenient interest rates and more streamlined methods of accessing credit, such as the sale of the fifth.

This rate repayment formula provides for payment to be made directly through a deduction on salary or pension


Which can never exceed the threshold of one fifth of the monthly amount. This means that at any time during the loan term, the installment can never exceed 20% of a teacher’s salary . The advantage of this rate calculation mechanism is that the teacher will always know with certainty how much the payment will be, with the certainty that this will be sustainable compared to his monthly income.

The teacher who requests financing from the former management must present the last two pay slips


the CUD model and a copy of an identity document and tax code. The main requirement to be able to access the loan for state employees is to hold a permanent chair for at least two years . With this type of loan, a teacher can reach an amount of up to 60,000 euros, if his guarantees are solid. In this regard, the funding is also open to teachers who are approaching the threshold of retirement age.

As with all public employees , INPS also offers various financing solutions to teachers. In particular, there are two INPDAP loans for teachers that directly provide the INPS: the small loan , which works like a traditional personal loan and can last up to 5 years, and the multi-year loan, which instead is a finalized loan, ie requires that the amount is used for a specific purpose, specified at the time of signing the contract.