Federal Direct Student Loan Program

GPTKB entity

Statements (48)
Predicate Object
gptkbp:instance_of gptkb:financial_assistance
gptkbp:administered_by gptkb:U._S._Department_of_Education
gptkbp:application gptkb:FAFSA
gptkbp:cancellation_reason Closed school discharge
Death of borrower
False certification discharge
Total and permanent disability
Unpaid refund discharge
gptkbp:consequences Negative impact on credit score
Wage garnishment
Tax refund offset
Collection actions
gptkbp:currency Variable interest rates
gptkbp:educational_value Supports low-income students
Increases access to higher education
Encourages enrollment in college
Helps students manage educational costs
gptkbp:eligibility Undergraduate students
Graduate students
Parents of dependent students
gptkbp:established_in gptkb:1993
gptkbp:financial_aid Directly to the school
Varies by program and year
Multiple servicers
gptkbp:funding gptkb:federal_government
gptkbp:has_programs Interest rate adjustments
Eligibility criteria updates
Loan forgiveness program expansions
Loan limits adjustments
Repayment plan options updates
gptkbp:historical_context Addressed student debt crisis
Expanded access to federal student loans
Part of the Higher Education Act
Replaced the Federal Family Education Loan Program
Responded to rising college costs
https://www.w3.org/2000/01/rdf-schema#label Federal Direct Student Loan Program
gptkbp:loan_forgiveness gptkb:Public_Service_Loan_Forgiveness
Teacher Loan Forgiveness
gptkbp:payment_methods 10 to 30 years
Income-driven repayment plans
Standard repayment plan
Graduated repayment plan
gptkbp:provides gptkb:Direct_Unsubsidized_Loans
gptkb:Direct_Subsidized_Loans
gptkb:Direct_PLUS_Loans
Direct Consolidation Loans
gptkbp:bfsParent gptkb:Educational_Institution
gptkbp:bfsLayer 3