The Government Service Insurance System (GSIS) is now accepting applications for the GSIS Educational Subsidy Program (GSEP) until Sept. 10.
Under GSEP, GSIS will grant a yearly P10,000 educational assistance to 10,000 members' children or dependents who are in college.
"We want to bring great relief to low-income members through GSEP. This is GSIS' response to President Duterte's call to help to provide education to our countrymen in need," GSIS President and General Manager Rolando Ledesma Macasaet said in a statement released Wednesday, July 7.
The grantees will receive a P10,000 yearly financial assistance from GSIS until they finish their college course provided they maintain a general weighted average of 80 percent with no failing grade or incomplete mark in any subject.
GESP is open to all active GSIS members who are permanent in employment status; occupying positions with salary grade 24 or below; and updated in their premium payments with no unpaid or underpaid loan amortization for more than three months.
Meanwhile, the students must be members' children or dependents who are taking up a four or five-year course in or have been accepted to any university or college recognized by the Commission on Higher Education.
Applicants must submit an affidavit stating that the students are not recipients of any other educational or financial assistance program, including the GSIS Scholarship program, for the duration of the grant; a school certification stating the student’s course, year level, and the duration of the course and that the student is accepted or enrolled during the current academic year; and a report card or school certification indicating that the general weighted average of the applicant’s dependent is at least 80 percent with no failing grade and incomplete mark incurred in any subject.
The GESP application form, list of requirements, and terms and conditions are available online through the GSIS website, www.gsis.gov.ph.