The Government Security Insurance System (GSIS) has announced that the agency is now accepting applications for its college scholarship program for school year 2017-2018.
Four hundred (400) scholarship slots shall be awarded annually to qualified member-applicants with the lowest annual basic salary.
Who are eligible to nominate scholars?
All active GSIS members with the following status can nominate their children or dependents:
- they are permanent employees in the government
- they are regular GSIS members at the time of application
- they have at least three (3) years of service
- they have a salary grade (SG) of 24 or below or its equivalent job level
- they have made premium payments for the last six (6) months
Likewise, all PTD pensioners who are below sixty (60) years of age may nominate their children for scholarship, with their last compensation to be used as basis for the selection process.
From hereon, PTD pensioners shall also be referred to as “members”.
Who can be nominated for the GSIS Scholarship Program (GSP)?
Incoming college freshmen-dependents or college student dependents in any year level:
- who are accepted in or taking up any 4- or 5-year course or in priority courses identified by the CHED, in a Higher Education Institution (HEI) with its own charter or a school qualified by the CHED as Levels IV and III, Autonomous or Deregulated.
How to apply for the GSP?
Eligible GSIS members may secure an application form from any GSIS office or may download the same from the GSIS website (www.gsis.gov.ph).
Duly accomplished application forms must be submitted to the nearest GSIS office for processing together with the following:
For all applicants:
- Birth Certificate of dependent;
- Certificate of employment of the member (not a requirement for PTD pensioner-applicants);
- Certification from the school that the nominated scholar is accepted in any year level in college during the current Academic Year
For PWD, IP and SP applicants:
- Endorsement from the head of agency/office attesting to the veracity of claim that applicant belongs to abovementioned sectors; and government-issued authentication i.e., PWD ID from the local social welfare development office (LSWDO) or National Council on Disability Affairs; Certificate of Confirmation of Tribal Membership from the National Commission on Indigenous Peoples; and SP ID from LSWDO.
How to submit your application?
Scholars shall be given thirty (30) days, from the first date of publication of the list of qualifiers in a newspaper of general circulation, within which to submit the following requirements at the nearest GSIS Office:
- Information Sheet with latest 2 x 2 I.D. pictures (2 pieces); and
- Enrollment Assessment Form (if already available).
Failure to submit said requirements within the given period shall render the grant forfeited.
What are the benefits given to a GSP scholar?
A scholar shall be entitled to the following benefits during his/her 4- or 5-year course:
- Actual cost of tuition and miscellaneous fees not to exceed Php40,000.00 per academic year, regardless of the number of terms (not to include summer classes and provided that the course is finished within the regular duration prescribed by the school for that 4- or 5-year course);
- A monthly stipend of Php3,000.00; and
- A scholar who graduates with Latin honor shall be awarded a monetary incentive of Php20,000.00 for cum laude, Php30,000.00 for magna cum laude or Php50,000.00 for summa cum laude.