Extended Repayment Plan

GPTKB entity

Statements (30)
Predicate Object
gptkbp:instanceOf Student loan repayment plan
gptkbp:appliesTo gptkb:Direct_Consolidation_Loans
gptkb:FFEL_Consolidation_Loans
gptkb:FFEL_Subsidized_Stafford_Loans
gptkb:FFEL_Unsubsidized_Stafford_Loans
gptkb:Direct_Subsidized_Loans
gptkb:Direct_Unsubsidized_Loans
Federal student loans
Direct PLUS Loans (for students)
FFEL PLUS Loans (for students)
gptkbp:combines Loan consolidation
gptkbp:eligibility gptkb:Perkins_Loans
Direct Loan borrowers
FFEL Program borrowers
Parent PLUS Loans (if consolidated)
Private student loans
gptkbp:feature Higher total interest paid over life of loan
Lower monthly payments compared to Standard Repayment Plan
https://www.w3.org/2000/01/rdf-schema#label Extended Repayment Plan
gptkbp:minimumLoanBalanceRequired $30,000
gptkbp:monthlyPayment At least $50 per month
gptkbp:monthlyPaymentType Fixed
Graduated
gptkbp:notIncomeDriven true
gptkbp:offeredBy gptkb:U.S._Department_of_Education
gptkbp:startDate Available since 1998
gptkbp:termLength 25 years
gptkbp:website https://studentaid.gov/manage-loans/repayment/plans/extended
gptkbp:bfsParent gptkb:Federal_Direct_Loan_Program
gptkbp:bfsLayer 5