GSIS to release P100 million in educational aid to 10,000 members’ kin

The Government Service Insurance System (GSIS) is set to release P100 million to 10,000 members to help fund their kin's college education expenses for Academic Year 2021 to 2022.

Under the GSIS Educational Subsidy Program (GESP), each college student will get P10,000.

In a statement, President and General Manager Rolando Ledesma Macasaet said out of 15,770 qualified, they chose 10,000 grantees who had family members in dire need of educational assistance.

Of the total grantees, 1,581 were from NCR (15.81%); 1,994 from North Luzon (19.94%); 2,093 from South Luzon (20.93%); 2,078 from Visayas (20.78%); and 2,254 grantees from Mindanao (22.54%).

The grantees will get their cash aid after submitting requirements to GSIS which include duly signed and notarized GESP agreement, the Information Sheet with two copies of the student's latest 2x2 ID pictures, and a Land Bank of the Philippines account number.

Moreover, the requirements must be submitted to the nearest GSIS office within 60 calendar days from the publication of the list of qualified students in the GSIS website or official social media account.

The list of qualified grantees for 2021-2022 may be viewed through https://www.gsis.gov.ph/gsis-educational-subsidy-program-grantees-ay-2021-2022/.

A student-grantee is allowed to shift course or transfer to any CHED-registered school provided that the course is completed within duration of the original course, GSIS said.

"Additionally, a written notice for the shift of course or transfer of school must be submitted to the Corporate Social Advocacies and Public Relations Facilities Department Manager, GSIS Pasay City," it added.

The education subsidy is  also non-transferable, the GSIS said. — BM, GMA News