Direct Consolidation Loans

GPTKB entity

Predicate	Object
gptkbp:instanceOf	Student Loan
gptkbp:administeredBy	gptkb:U.S._Department_of_Education
gptkbp:application	online application paper application
gptkbp:benefit	single monthly payment access to additional repayment plans reset defaulted loans to good standing
gptkbp:eligibility	borrowers with eligible federal student loans
gptkbp:excludes	gptkb:Parent_PLUS_Loans_in_default_(unless_certain_conditions_are_met) private student loans
gptkbp:fareControl	no application fee
gptkbp:flowsThrough	loan servicer pays off existing loans
gptkbp:forgivenessEligibility	gptkb:Public_Service_Loan_Forgiveness gptkb:Income-Driven_Repayment_Forgiveness
https://www.w3.org/2000/01/rdf-schema#label	Direct Consolidation Loans
gptkbp:interestRateCalculation	weighted average of underlying loans rounded up to nearest 1/8 percent
gptkbp:mainInterest	fixed
gptkbp:mayInclude	gptkb:Direct_PLUS_Loans gptkb:Federal_Family_Education_Loan_(FFEL)_Program_Loans gptkb:Federal_Perkins_Loans gptkb:Federal_Stafford_Loans gptkb:Direct_Subsidized_Loans gptkb:Direct_Unsubsidized_Loans
gptkbp:partOf	gptkb:William_D._Ford_Federal_Direct_Loan_Program
gptkbp:purpose	combine multiple federal student loans into one
gptkbp:repaymentPlans	gptkb:Graduated_Repayment_Plan gptkb:Income-Driven_Repayment_Plans gptkb:Standard_Repayment_Plan gptkb:Extended_Repayment_Plan
gptkbp:website	https://studentaid.gov/
gptkbp:bfsParent	gptkb:Graduated_Repayment_Plan gptkb:Extended_Repayment_Plan
gptkbp:bfsLayer	6