Statements (49)
| Predicate | Object |
|---|---|
| gptkbp:instance_of |
gptkb:financial_assistance
|
| gptkbp:application |
FAFSA required
|
| gptkbp:borrower_benefits |
deferred payments while in school
|
| gptkbp:cancellation_for_service |
available for certain volunteer programs
|
| gptkbp:cancellation_reason |
certain military service members
available for teaching in low-income schools |
| gptkbp:consequences |
collection actions and credit damage
|
| gptkbp:created_by |
gptkb:U._S._Department_of_Education
|
| gptkbp:currency |
5%
|
| gptkbp:disbursement_method |
direct disbursement to the school
|
| gptkbp:effective_date |
renewable based on eligibility
|
| gptkbp:eligibility |
undergraduate and graduate students
financial need determined by FAFSA |
| gptkbp:financial_aid |
gptkb:financial_assistance
to help students pay for college $5,500 per year for undergraduates $8,000 per year for graduate students can be deferred under certain conditions managed by participating schools requires annual FAFSA submission |
| gptkbp:funding |
institutional funds
based on financial need and school participation subsidized loan limited to participating institutions limited to specific years |
| gptkbp:historical_context |
established in 1958
|
| https://www.w3.org/2000/01/rdf-schema#label |
Perkins Loan Program
|
| gptkbp:impact_on_credit |
can affect credit score if defaulted
|
| gptkbp:impact_on_future_loans |
may affect eligibility for other loans
|
| gptkbp:investment |
interest does not accrue while in school
|
| gptkbp:is_designed_to |
higher than average for federal loans
|
| gptkbp:loan_amount_variability |
varies by school and student need
|
| gptkbp:loan_consolidation |
can be consolidated with other federal loans
|
| gptkbp:loan_disbursement_frequency |
typically disbursed once per semester
|
| gptkbp:loan_discharge |
available under certain conditions
|
| gptkbp:loan_discharge_options |
available for total and permanent disability
|
| gptkbp:loan_forgiveness |
available for certain public service jobs
|
| gptkbp:loan_management |
managed by the school’s financial aid office
|
| gptkbp:loan_repayment_assistance |
available for certain professions
|
| gptkbp:loan_servicer |
school's financial aid office
|
| gptkbp:loan_transferability |
not transferable to other institutions
|
| gptkbp:loan_type |
need-based financial aid
|
| gptkbp:payment_methods |
9 months
standard, graduated, and income-sensitive plans |
| gptkbp:repayment_start |
after a 9-month grace period
|
| gptkbp:route_of_administration |
administered by colleges and universities
|
| gptkbp:termination_date |
gptkb:2017
|
| gptkbp:bfsParent |
gptkb:Federal_Family_Education_Loan_Program
|
| gptkbp:bfsLayer |
4
|