gptkbp:instanceOf
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Student loan repayment plan
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gptkbp:appliesTo
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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)
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gptkbp:combines
|
Loan consolidation
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gptkbp:eligibility
|
gptkb:Perkins_Loans
Direct Loan borrowers
FFEL Program borrowers
Parent PLUS Loans (if consolidated)
Private student loans
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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
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Extended Repayment Plan
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gptkbp:minimumLoanBalanceRequired
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$30,000
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gptkbp:monthlyPayment
|
At least $50 per month
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gptkbp:monthlyPaymentType
|
Fixed
Graduated
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gptkbp:notIncomeDriven
|
true
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gptkbp:offeredBy
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gptkb:U.S._Department_of_Education
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gptkbp:startDate
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Available since 1998
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gptkbp:termLength
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25 years
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gptkbp:website
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https://studentaid.gov/manage-loans/repayment/plans/extended
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gptkbp:bfsParent
|
gptkb:Federal_Direct_Loan_Program
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gptkbp:bfsLayer
|
5
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