The Government Service Insurance System (GSIS) is now accepting applications for the enhanced GSIS Scholarship Program (GSP) for Academic Year (AY) 2019-2020 until 24 June 2019.
“We understand the financial challenges of sending a child to college. Thus, we have made available 400 scholarship slots for children or dependents of low-income GSIS members and permanent total disability (PTD) pensioners below 60 years of age. The pension fund will shoulder the tuition and miscellaneous fees up to Php40,000 per academic year and Php3,000 allowance per month of each scholar,” GSIS President and General Manager Jesus Clint Aranas announced.
Active GSIS members who are permanent employees; have at least three years in government service; have a salary grade of 24 or below (or its equivalent job level); and have paid premium contributions for the last six months may nominate their child or dependent.
Single or married active members who are childless may nominate one of their dependents who rely on them for support. PTD pensioners below 60 years old may nominate their child only.
Nominees (the children or dependents) must be incoming freshmen who have been accepted in any four- or five-year course or in priority courses in Commission on Higher Education (CHED)-recognized schools with its own charter or a school qualified by the CHED as Levels IV and III, Autonomous or Deregulated.
PGM Aranas enthused that of the 400 slots, 40 will be allotted to dependents of persons with disabilities, indigenous peoples, and solo or single parents.
“We have put this in place because we want to be more inclusive and add meaning to our assistance efforts,” he added.
Since 1998, GSIS has been granting scholarships to deserving children or dependents of members and pensioners as part of the pension fund’s corporate social responsibility program. A total of 3,682 scholarship grants have been awarded to date.
Monetary incentives in the amount of Php20,000, Php30,000, and Php50,000 await scholars who will graduate cum laude, magna cum laude, and summa cum laude, respectively.
The GSP application forms, requirements, and scholarship terms and conditions are available online at www.gsis.gov.ph.
Interested members may email email@example.com; call (02) 976-4970 or (02) 479-3600 loc 3414; or visit the nearest GSIS office for inquiries or clarifications.