Statements (62)
| Predicate | Object |
|---|---|
| gptkbp:instance_of |
gptkb:financial_assistance
|
| gptkbp:administered_by |
gptkb:U._S._Department_of_Education
|
| gptkbp:application |
FAFSA required
|
| gptkbp:borrower_benefits |
potential for deferment and forbearance
|
| gptkbp:borrower_contact_information |
provided by loan servicer
|
| gptkbp:borrower_responsibilities |
repay loan according to terms
|
| gptkbp:cancellation_reason |
limited circumstances for forgiveness
|
| gptkbp:consequences |
loss of eligibility for federal aid
|
| gptkbp:consolidation_option |
Direct Consolidation Loan available
|
| gptkbp:credit_requirements |
credit history check required
|
| gptkbp:currency |
fixed 7.54% for 2023-2024
|
| gptkbp:disbursement_method |
directly to the school
|
| gptkbp:eligibility |
no adverse credit history
|
| gptkbp:eligibility_for_loan_forgiveness |
limited to specific programs
|
| gptkbp:financial_aid |
managed by federal loan servicers
considered in financial aid calculations 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:financial_literacy_resources |
available for borrowers
|
| gptkbp:forbearance_options |
available for temporary financial hardship
|
| gptkbp:funding |
based on creditworthiness and school certification
|
| https://www.w3.org/2000/01/rdf-schema#label |
Direct PLUS Loans
|
| gptkbp:impact_on_credit_score |
can affect credit score positively or negatively
|
| gptkbp:interest_rate_changes |
fixed for the life of the loan
|
| gptkbp:interest_rate_type |
fixed
|
| gptkbp:investment |
starts immediately after disbursement
|
| gptkbp:is_available_in |
graduate or professional students
parents of dependent undergraduate students |
| gptkbp:loan_application_form |
available online through FAFSA
|
| gptkbp:loan_borrower_support |
available through federal resources
|
| gptkbp:loan_default_prevention |
strategies available to avoid default.
|
| gptkbp:loan_disbursement_frequency |
typically two disbursements per academic year
|
| gptkbp:loan_discharge_options |
available under certain conditions
|
| gptkbp:loan_funding_timeline |
typically disbursed at the beginning of the term
|
| gptkbp:loan_grace_period |
typically 6 months after leaving school
|
| gptkbp:loan_impact_on_future_borrowing |
may affect future credit decisions
|
| gptkbp:loan_impact_on_tax_returns |
interest may be tax-deductible under certain conditions
|
| gptkbp:loan_interest_calculation |
simple interest on unpaid principal
|
| gptkbp:loan_interest_rate_history |
subject to annual adjustments based on market conditions
|
| gptkbp:loan_limit |
cost of attendance minus other financial aid
|
| gptkbp:loan_repayment_assistance_programs |
available for eligible borrowers
|
| gptkbp:loan_repayment_challenges |
can include financial hardship and unemployment
|
| gptkbp:loan_repayment_options |
various repayment plans available
|
| gptkbp:loan_repayment_start_date |
after graduation or dropping below half-time enrollment
|
| gptkbp:loan_transferability |
can be transferred to another servicer if needed
|
| gptkbp:loan_type |
unsubsidized
|
| gptkbp:origination_fee |
4.228% for loans disbursed after October 1, 2021
|
| gptkbp:payment_methods |
10 to 25 years
various payment methods accepted standard, graduated, extended |
| gptkbp:repayment_assistance |
available through various programs
|
| gptkbp:repayment_start |
within 60 days after disbursement
|
| gptkbp:require_credit_check |
gptkb:true
|
| gptkbp:submission_deadline |
varies by academic year
|
| gptkbp:throws |
available during school enrollment
|
| gptkbp:bfsParent |
gptkb:financial_assistance
gptkb:Federal_Direct_Student_Loan_Program |
| gptkbp:bfsLayer |
4
|