GSIS accepting applications for educational assist

By Maria Aprila Cruz

BAGUIO CITY-- The Government Service Insurance System (GSIS)  educational assistance program to help members shoulder the education expenses of their children up to the second semester of the school year will run until Dec. 28 this year, announced   GSIS president and general manager Robert G. Vergara. 

GSIS Baguio branch manager Victorina Perez in an advisory said, the GSIS launched last week its educational assistance program following the President’s Labor Day announcement on the availability of a joint P 11.2 billion Educational Assistance Fund from SSS and GSIS.

Under the GSIS assistance program, all active members of the pension fund, regardless of salary grade, are entitled to P4,000, payable in five years at six percent interest rate. 

           

Monthly payment is P20.00 through salary deduction with the the first payment  to start three months after the grant.

           

The pension fund will neither require electronic certification from the employer nor charge any service fee. “This means that members will get the full loan amount,” Vergara added.

           

 Members may file their application through any GSIS office; designated agency liaison officer; and the GSIS website, www.gsis.gov.ph, where the forms can be downloaded.

           

For inquiry about this educational assistance program, members may call the GSIS hotline at 479-3645 or visit the nearest GSIS office.

The GSIS Office in Baguio is located at EDY Building, Kisad Road with telephone number 446-8060.