Pay As You Earn Repayment Plan

GPTKB entity

Statements (17)
Predicate Object
gptkbp:instanceOf Student Loan
gptkbp:abbreviation PAYE
gptkbp:appliesTo federal student loans
gptkbp:eligibility new borrowers as of October 1, 2007
https://www.w3.org/2000/01/rdf-schema#label Pay As You Earn Repayment Plan
gptkbp:introducedIn 2012
gptkbp:loanForgivenessAfter 20 years
gptkbp:maximumLoanAmount 20 years
gptkbp:monthlyPayment 10% of discretionary income
gptkbp:offeredBy gptkb:U.S._Department_of_Education
gptkbp:relatedTo Income-Based Repayment Plan
Income-Contingent Repayment Plan
Revised Pay As You Earn Repayment Plan
gptkbp:requiresRecertification annually
gptkbp:website https://studentaid.gov/manage-loans/repayment/plans/income-driven
gptkbp:bfsParent gptkb:Loan_Forgiveness
gptkbp:bfsLayer 7