Statements (62)
| Predicate | Object |
|---|---|
| gptkbp:instance_of |
gptkb:charity
|
| gptkbp:bfsLayer |
3
|
| gptkbp:bfsParent |
gptkb:charity
gptkb:Federal_Direct_Student_Loan_Program |
| gptkbp:application |
FAFSA required
|
| gptkbp:appointed_by |
gptkb:U._S._Department_of_Education
|
| gptkbp:benefits |
potential for deferment and forbearance
|
| gptkbp:cancellation_reason |
limited circumstances for forgiveness
|
| gptkbp:consequences |
loss of eligibility for federal aid
|
| gptkbp:contact |
provided by loan servicer
|
| gptkbp:disbandment_date |
typically two disbursements per academic year
|
| gptkbp:drought_tolerance |
limited to specific programs
strategies available to avoid default. |
| gptkbp:economic_impact |
can affect credit score positively or negatively
considered in financial aid calculations may affect future credit decisions interest may be tax-deductible under certain conditions |
| gptkbp:effective_date |
typically 6 months after leaving school
|
| gptkbp:expansion_plans |
Direct Consolidation Loan available
|
| gptkbp:financial_products |
available for borrowers
|
| gptkbp:form |
available online through FAFSA
|
| gptkbp:growth_rate |
fixed for the life of the loan
subject to annual adjustments based on market conditions simple interest on unpaid principal |
| https://www.w3.org/2000/01/rdf-schema#label |
Direct PLUS Loans
|
| gptkbp:in-game_currency |
fixed 7.54% for 2023-2024
|
| gptkbp:investment |
starts immediately after disbursement
|
| gptkbp:is_available_in |
graduate or professional students
parents of dependent undergraduate students |
| gptkbp:launch_date |
after graduation or dropping below half-time enrollment
|
| gptkbp:market_cap |
cost of attendance minus other financial aid
|
| gptkbp:payment_methods |
directly to the school
10 to 25 years available through various programs various payment methods accepted various repayment plans available available for eligible borrowers can include financial hardship and unemployment standard, graduated, extended within 60 days after disbursement |
| gptkbp:receives_funding_from |
based on creditworthiness and school certification
typically disbursed at the beginning of the term |
| gptkbp:release_date |
varies by academic year
|
| gptkbp:requires |
gptkb:theorem
credit history check required |
| gptkbp:responsible_for |
repay loan according to terms
|
| gptkbp:scholarships |
managed by federal loan servicers
need-based and non-need-based requires promissory note and other documents rights under federal law to cover educational expenses up to full cost of attendance various federal loan servicers |
| gptkbp:security_features |
available for temporary financial hardship
|
| gptkbp:service_branch |
available under certain conditions
|
| gptkbp:student_enrollment |
no adverse credit history
|
| gptkbp:student_support_services |
available through federal resources
|
| gptkbp:throws |
available during school enrollment
|
| gptkbp:transfer_fee |
4.228% for loans disbursed after October 1, 2021
can be transferred to another servicer if needed |
| gptkbp:type_of |
fixed
unsubsidized |