Statements (55)
Predicate | Object |
---|---|
gptkbp:instance_of |
gptkb:Company
|
gptkbp:bfsLayer |
5
|
gptkbp:bfsParent |
gptkb:TEACH_Grants
|
gptkbp:amended_by |
annual reapplication required
|
gptkbp:application |
gptkb:FAFSA
|
gptkbp:appointed_by |
gptkb:U._S._Department_of_Education
|
gptkbp:atm |
interest accrues during repayment
|
gptkbp:cancellation_reason |
teaching in low-income schools
certain professions qualify for cancellation |
gptkbp:closing_date |
varies by school
|
gptkbp:consequences |
loss of eligibility for federal aid
|
gptkbp:contact |
contact school for servicing information
|
gptkbp:convicted_of |
discharge available under certain conditions
|
gptkbp:criteria |
school verifies eligibility
|
gptkbp:disbandment_date |
varies by academic year
typically disbursed per semester |
gptkbp:duration |
up to 5 years for undergraduate study
|
gptkbp:economic_impact |
can affect credit score if defaulted
may affect future borrowing capacity |
gptkbp:effective_date |
9 months after graduation
|
gptkbp:financial_performance |
borrowers must receive counseling
eligible for consolidation with other federal loans |
gptkbp:growth_rate |
fixed interest rate
|
gptkbp:historical_context |
discontinued in 2017
|
https://www.w3.org/2000/01/rdf-schema#label |
Federal Perkins Loans
|
gptkbp:in-game_currency |
5%
|
gptkbp:is_designed_to |
varies by institution
|
gptkbp:market_cap |
$27,500 for undergraduate students
|
gptkbp:moral |
public service employment
|
gptkbp:payment_methods |
9 months
9 months after leaving school after grace period ends standard, graduated, income-driven direct disbursement to the school available for certain careers available for certain professions. interest may be paid while in school managed by school or third-party servicer online, mail, or in-person payments options available for defaulted loans |
gptkbp:premise |
failure to make payments for 270 days
|
gptkbp:receives_funding_from |
gptkb:government_agency
subject to federal budget appropriations |
gptkbp:responsible_for |
repay loan according to terms
|
gptkbp:scholarships |
$5,500 per year
considered in total financial aid package deferment and forbearance options requires promissory note school or designated servicer |
gptkbp:student_enrollment |
financial need
limited to $8,000 per year for graduate students |
gptkbp:supports |
available through school financial aid office
|
gptkbp:target_audience |
low-income students
|
gptkbp:transfer_fee |
not transferable to another borrower
|
gptkbp:type_of |
subsidized loan
|