The Government Service Insurance System (GSIS) announced on Wednesday that the deadline of applications for its enhanced GSIS Scholarship Program (GSP) for Academic Year 2017-2018 has been extended until June 23, 2017.
A total of 400 scholarship slots will be allotted for children or dependents of active members and permanent total disability (PTD) pensioners with the lowest annual basic salary.
Forty (40) or 10% of these slots will be given to dependents of persons with disabilities, indigenous peoples, and solo or single parents.
To avail of the scholarship, 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. Nominees can be college students in any year level in schools accredited by the Commission on Higher Education (CHED) as Levels IV and III.
PTD pensioners who are below 60 years old are eligible to nominate their children as scholars . 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 following:
- actual cost of tuition and miscellaneous fees not to exceed P40,000 per academic year and a monthly allowance of Php3,000
- monetary incentives in the amount 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.