Income-Based Repayment (IBR)
GPTKB entity
Statements (22)
Predicate | Object |
---|---|
gptkbp:instanceOf |
Student Loan
|
gptkbp:administeredBy |
gptkb:U.S._Department_of_Education
|
gptkbp:appliesTo |
federal student loans
|
gptkbp:cause |
Public Service Loan Forgiveness eligibility
|
https://www.w3.org/2000/01/rdf-schema#label |
Income-Based Repayment (IBR)
|
gptkbp:interestMayBeCapitalized |
true
|
gptkbp:introducedIn |
2009
|
gptkbp:loanForgivenessAfter |
20 years
25 years |
gptkbp:maximumLoanAmount |
gptkb:Direct_Loans
gptkb:FFEL_Loans |
gptkbp:monthlyPaymentBasedOn |
state of residence
family size discretionary income |
gptkbp:monthlyPaymentCap |
10% or 15% of discretionary income
|
gptkbp:notEligibleLoans |
gptkb:Parent_PLUS_Loans
|
gptkbp:replacedBy |
gptkb:Standard_Repayment_Plan_(for_eligible_borrowers)
|
gptkbp:requiresAnnualRecertification |
true
|
gptkbp:website |
https://studentaid.gov/manage-loans/repayment/plans/income-driven
|
gptkbp:bfsParent |
gptkb:Income-Driven_Repayment_Plan
gptkb:Income-Driven_Repayment_Plans |
gptkbp:bfsLayer |
6
|