The Government
Service Insurance System (GSIS) is now accepting applications for its enhanced
GSIS Scholarship Program (GSP) for Academic Year 2017-2018. The deadline for
submission of application is extended until June 23, 2017.
This year,
GSIS is offering a total of 400 scholarship slots to children or dependents of
active members and permanent total disability (PTD) pensioners with the lowest
annual basic salary.
Of the 400
slots, 40 or 10 percent are allotted for dependents of persons with
disabilities, indigenous peoples, and solo or single parents.
Active
members may nominate their children or dependents if they are permanent
government employees, have at least three-year 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. PTD pensioners who are below 60
years old are eligible to nominate their children as scholars .
Active
members or disability pensioners may nominate scholars if they are college
students in any year level in schools accredited by the Commission on Higher
Education (CHED) as Levels IV and III.
Active
members who are single or married may nominate one child or dependent, while
PTD pensioners may nominate their children only.
GSP
scholars are entitled to the actual cost of tuition and miscellaneous fees not
to exceed P40,000 per academic year and a monthly allowance of P3,000.
Monetary
incentives of P20,000, P30,000 and P50,000 also await scholars who will
graduate with Latin honors cum laude, magna cum laude, and summa cum laude,
respectively.
GSP is one
of the corporate social responsibility programs of GSIS. Since 1998, the
program has been helping underprivileged yet deserving scholars obtain quality
education from reputable schools. Dependents of low-income members and
pensioners are given priority in the selection process.
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