The Government Service Insurance System is now accepting applications for the 10,000 slots for the GSIS Educational Subsidy Program (GESP) for this academic year. Application is until August 31.
GESP is part of GSIS’s corporate social responsibility wherein 10,000 college students will receive P10,000 from GSIS every year until they finish their course.
A member may have up to two children or dependents receiving assistance under GESP, provided that the subsidy was granted for different school years.
Qualified to nominate grantees for GESP are active members with permanent status. Their salary grade must be 24 (or its equivalent) or below and premium payments should be updated. Moreover, they must have no underpaid or unpaid loan amortization of not more than three months for the duration of the GESP grant.
In addition, their student dependents must be in any college year level and enrolled in a 4- or 5-year course in any state or private university or college recognized by the Commission on Higher Education (CHED).
To apply, eligible GSIS members must submit the properly filled-out application form; original or certified true copy of the birth certificate of the student issued by the Philippine Statistics Authority; certificate of employment or certified true copy of service record duly signed by the member’s agency authorized officer; notarized affidavit stating that the student is not receiving any other educational or financial assistance program; and certification from the school that the student is enrolled in the current academic year, the duration of the course, and the student’s year level.
The GESP application form, list of requirements, and terms and conditions are available online through the GSIS website, www.gsis.gov.ph