Federal Consolidation Loans

GPTKB entity

Predicate	Object
gptkbp:instanceOf	Student Loan
gptkbp:administeredBy	gptkb:U.S._Department_of_Education
gptkbp:advantage	loss of some borrower benefits may increase total interest paid
gptkbp:application	online via StudentAid.gov
gptkbp:benefit	single monthly payment potentially lower monthly payment
gptkbp:eligibility	borrowers with eligible federal student loans
gptkbp:excludes	private student loans
gptkbp:fareControl	none
gptkbp:forgivenessEligibility	gptkb:Public_Service_Loan_Forgiveness gptkb:Income-Driven_Repayment_Forgiveness
https://www.w3.org/2000/01/rdf-schema#label	Federal Consolidation Loans
gptkbp:interestRateCalculation	weighted average of underlying loans rounded up to nearest 1/8 percent
gptkbp:introducedIn	1998
gptkbp:mainInterest	fixed
gptkbp:mayInclude	gptkb:PLUS_Loans gptkb:FFEL_Loans gptkb:Perkins_Loans gptkb:Direct_Subsidized_Loans gptkb:Direct_Unsubsidized_Loans
gptkbp:purpose	combine multiple federal student loans into one
gptkbp:repaymentPlans	gptkb:Graduated_Repayment_Plan gptkb:Standard_Repayment_Plan gptkb:Extended_Repayment_Plan Income-Based Repayment Plan Income-Contingent Repayment Plan
gptkbp:status	active
gptkbp:website	https://studentaid.gov/manage-loans/consolidation
gptkbp:bfsParent	gptkb:FFEL_Loans_(with_consolidation)
gptkbp:bfsLayer	7