The Government Service Insurance System (GSIS) will soon release a P100-million subsidy for the school expenses of dependents of 10,000 members.
The GSIS provides such benefit, worth P10,000 each, to qualified dependents of members through the GSIS Educational Subsidy Program. The 209-page list of recipients for academic year 2022-2023 may be accessed through the GSIS website.
“[We] want to provide relief to our members who are sending their children to college,” GSIS president and general manager Arnulfo “Wick” Veloso said in a statement. “We hope the subsidy will lessen their expenses.”
According to the state pension fund, its Corporate Social Advocacies and Public Relations Facilities Department whittled down the list from a total of 12,140 applications from across the country.
Of the 10,000 applicants who were selected as grantees, 1,235 were from the National Capital Region; 2,212 from North Luzon; 2,251 from South Luzon; 2,005 from the Visayas, and 2,297 from Mindanao.
Dependents qualify when they are enrolled in any year level of a four- or five-year course in an institution, whether public or private, that is registered with the Commission on Higher Education. Their general weighted average grade should be at least 80 percent. INQ