Income-Sensitive Repayment Plan

GPTKB entity

Predicate	Object
gptkbp:instanceOf	Student Loan
gptkbp:alternativeTo	gptkb:Pay_As_You_Earn_Repayment_Plan Income-Based Repayment Plan Income-Contingent Repayment Plan Revised Pay As You Earn Repayment Plan
gptkbp:appliesTo	Federal Family Education Loan (FFEL) Program loans
gptkbp:award	interest continues to accrue
gptkbp:compatibleWith	gptkb:Direct_Loans
gptkbp:eligibility	borrower must have FFEL loans borrower must demonstrate partial financial hardship
gptkbp:filingMethod	up to 10 years
https://www.w3.org/2000/01/rdf-schema#label	Income-Sensitive Repayment Plan
gptkbp:loanTypesCovered	gptkb:FFEL_Consolidation_Loans gptkb:FFEL_PLUS_Loans gptkb:Subsidized_Stafford_Loans gptkb:Unsubsidized_Stafford_Loans
gptkbp:maximumLoanAmount	10 years
gptkbp:monthlyPayment	based on annual income between 4% and 25% of gross monthly income
gptkbp:offeredBy	gptkb:U.S._Department_of_Education
gptkbp:renewable	must be renewed each year
gptkbp:website	https://studentaid.gov/manage-loans/repayment/plans/income-sensitive
gptkbp:bfsParent	gptkb:FFEL_Consolidation_Loans
gptkbp:bfsLayer	7