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10K GSIS members’ eligible children are eligible for financial aid for education.
The Government Service Insurance System (GSIS) announced on Thursday that it would provide eligible GSIS member children with financial aid totaling PHP100 million under the GSIS Educational Subsidy Program (GESP) for the academic year 2022–2023.
Wick Veloso, president, and general manager of GSIS announced that each of the 10,000 awardees will receive a scholarship worth PHP10,000 every school year.
“We concur with President Marcos that a prosperous nation is built on a strong foundation of education. Currently, the aming miyembro who are nagpapa-aral ng kanilang mga anak sa kolehiyo are being named as mabigyang ginhawa. This is why we wish to soothe our members who send their kids to college. Nawa ay makabawas ito sa kanilang gastusin. May this lessen their financial load,” Veloso remarked.
Veloso stated that of the 10,000 recipients of the GESP, 1,235 come from the National Capital Region, 2,212 from Northern Luzon, 2,251 from Southern Luzon, 2,005 from the Visayas, and 2,297 from Mindanao.
The members’ employment status, yearly basic income, and loan payments, he claimed, were taken into consideration when choosing the beneficiaries.
The GSIS received 12,140 applications all around the country.
Likewise, qualified children of members are enrolled at any year level in a 4- or 5-year program at a private or public institution that is registered with the Commission on Higher Education, with a general weighted average of 80%.
Recipients of GESPs must submit a properly completed GESP Agreement form, two copies of the student’s most recent 2×2 ID photos, and their Land Bank of the Philippines account number.
Within 60 calendar days of the publication of the list of eligible students on the GSIS website or in an official social media account, these prerequisites must be sent to the closest GSIS office.
On the GSIS website, you can browse the list of eligible grantees for AY 2022-2023. (www.gsis.gov.ph).
As part of its corporate social responsibility efforts and with education as one of its top goals, the GSIS has donated PHP10 million to 25 public schools under the Department of Education’s (DepEd) Adopt-A-School Program (ASP).
Veloso claimed that, like President Marcos, GSIS views education as the “bedrock of a prosperous society,” and that as a result, GSIS has increased its support for each school to PHP400,000 this year from PHP200,000 in 2014 in order to provide assistive devices like computers, internet connectivity, and educational tools.
“Particularly following the resumption of in-person classes in November, our public schools require our assistance and support. We worked closely with the DepEd to determine which schools needed to be prioritized since they lacked sufficient funding “explained Veloso.
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