The Government Service Insurance System (GSIS) has once again opened its scholarship program for incoming freshmen.
The GSIS started to accept applications for the enhanced GSIS Scholarship Program (GSP) for Academic Year 2018-2019 from April 16. Deadline of application will be on June 15.
Four hundred (400) scholarship slots shall be awarded to qualified member-applicants with the lowest annual basic salary.
Nomination of Scholar
All active GSIS members [with premium payments for the last six (6) months] may nominate, provided that:
- They are permanent employees in the government, who are regular GSIS members at the time of application, with at least three (3) years of service;
- They are at salary grade (SG) 24 or below or its equivalent job level; and
- They have incoming college freshmen-dependents who are accepted in or taking up any 4- or 5-year course or in priority courses identified by the Commission on Higher Education (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 (Annex B).
Likewise, all Permanent Total Disability (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.
Application Process, Documentary Requirements
Interested application must fill up the needed form which can be obtained 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.
Other documents required are the following:
For all applicants:
- Birth Certificate of dependent;
- Certificate of employment of the member1 (not a requirement for PTD pensioner-applicants);
- Certification from the school that the nominated scholar is accepted as incoming college freshmen dependents during the current academic year
Additional Requirements: For Persons With Disability (PWD), Indigenous People (IP) and Solo Parent (SP) applicants:
- Endorsement from the head of agency/office attesting to the veracity of claim that applicant belongs to above mentioned 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.
Submission of Requirements
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.
Duration of Scholarship
The scholarship shall be in force for the duration of the 4- or 5-year course chosen by the scholar, unless earlier terminated due to failure of the scholar to comply with the GSP Terms and Conditions and/or the school’s rules and regulations.
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.