August 18, 2017: *** The National Grid Corp. of the Philippines (NGCP) is now faced with the problem of looking for usable areas to hold transmission lines that would link the power barge in Tapal Wharf in Ubay town to a substation in Barangay Emelda of the same town. ***The City Government of Tagbilaran is set to sign a memorandum of agreement with BFAR for a multi-million peso livelihood project intended to uplift the living conditions of the fisherfolk. ***47th Infantry Battalion Commanding Officer, Lt. Col. Joel Malig said units under him are currently undergoing intensified intelligence operations along with other allied units to confirm the reports on sightings of armed men in Bohol. *** LGU Pilar's program, "Productivity Improvement thru landcare and Agriculture Resource Development and Management"(Pilar Dam) landed in the top 20 in Taking Look 2017. *** LGU Panglao got third place (3rd-6th class municipalities) in Infrastructure during the 5th Regional Competitiveness Summit held at PICC recently. ***LGU Panglao's entry program "A Purok-Based Approach in Basic Education Reforms/Turo-Turismo: Strengthening Partnership and Industry Linkage for Effective K-12 Implementation is among the 20 finalist of the Galing Pook Awards 2017. ***The towns of Panglao and Pilar are among the 20 finalists in the yearly search for Galing Pook Awards 2017. *** The National Food Authority in Bohol said prices of rice in the province have been on an uptrend since last week reaching an increase of up to P5 per kilo. *** A man listed in the Bohol Provincial Police Office drug watch list was caught last night with drugs weighed 80 grams with estimated street value of P993,000.

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Wednesday, October 02, 2013

GSIS educational assistance loan window open until Dec. 27, 2013


Active Government Service Insurance System (GSIS) members who have not yet availed of the one-time educational assistance loan (EAL) may still apply for the Educational Assistance Loan until December 27, 2013, GSIS announced in a statement. 

All active members, regardless of salary grade, length of service, and status of agency and member accounts are entitled to avail of the EAL in the amount of P4,000. 

Eligible members may file their application for EAL over the counter or through their agency's liaison officer. Certification from their agency authorized officer or endorsement from their respective agencies is not required. 

The loan is payable in five years, with six percent interest per annum. The amortization for 59 months is P20 per month or P240 per year, with the first monthly amortization to start three months from the grant of the assistance. 

The GSIS Educational Assistance Program (EAP) was launched in 2012 following the Labor Day speech of President Benigno S. Aquino III, instructing both the GSIS and Social Security System to generate an educational assistance fund for their stakeholders. 
GSIS President and General Manager Robert Vergara said that through the EAP, the GSIS has been helping members defray their children’s education expenses. He said over P2.49 billion has been released under the program.

The application form for the EAL may be obtained from any GSIS offices or downloaded from the GSIS website, www.gsis.gov.ph. (GSIS)

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