GSIS grants educational aid worth P100M

The Government Service Insurance System will grant financial assistance to 10,000 qualified children of its members, an official said on Thursday.

The insurance will release a total of P100 million financial assistance through the GSIS Educational Subsidy Program for academic year 2022 to 2023.

The qualified children of members will receive an educational subsidy of P10,000 per academic year.

"We share President (Ferdinand) Marcos's view that education is the foundation of a prosperous nation. That's why we want to provide comfort to our members who are sending their children to college.

May this reduce their expenses," GSIS president and manager Wick Veloso said in a statement.

The list of qualified grantees for AY 2022-2023 may be viewed through the GSIS website.

Meanwhile, the GSIS Corporate Social Advocacies and Public Relations Facilities Department received a total of 12,140 applications nationwide, Veloso said.

"Of the 10,000 applicants who were selected as grantees of GESP for AY 2022-2023, a total of 1,235 grantees are from the National Capital Region; 2,212 grantees, from North Luzon; 2,251 grantees, from South Luzon; 2,005 grantees from the Visayas Region; and 2,297 grantees, from Mindanao Region," he added.