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
|