Statements (59)
Predicate | Object |
---|---|
gptkbp:instance_of |
gptkb:Company
|
gptkbp:bfsLayer |
3
|
gptkbp:bfsParent |
gptkb:Federal_Family_Education_Loan_Program
|
gptkbp:amended_by |
Reapply each academic year
|
gptkbp:application |
Complete FAFSA and loan application
|
gptkbp:appointed_by |
gptkb:U._S._Department_of_Education
|
gptkbp:cancellation_reason |
Not available except in specific circumstances
|
gptkbp:capital |
Occurs when payments are not made
|
gptkbp:catch_rate |
Monitored by the U. S. Department of Education
|
gptkbp:closing_date |
Varies by school and academic year
|
gptkbp:consequences |
Negative impact on credit score
|
gptkbp:convicted_of |
Possible in cases of total and permanent disability
|
gptkbp:criteria |
Must be a U. S. citizen or eligible non-citizen
|
gptkbp:disbandment_date |
At least once per academic year
|
gptkbp:drought_tolerance |
Must repay the loan with interest
|
gptkbp:economic_impact |
Interest may be tax-deductible
Reported to credit bureaus May affect eligibility for other aid May affect future loan eligibility |
gptkbp:education |
Required for first-time borrowers
|
gptkbp:effective_date |
6 months after leaving school
|
gptkbp:financial_performance |
Possible with other federal loans
Provided at loan disbursement |
gptkbp:growth_rate |
Fixed rate set by Congress
May change annually based on market conditions Rates have varied over the years |
https://www.w3.org/2000/01/rdf-schema#label |
Unsubsidized Stafford Loans
|
gptkbp:increased |
Possible with additional years of study
|
gptkbp:investment |
Starts immediately after disbursement
|
gptkbp:market_cap |
$138,500 for graduate or professional students
$31,000 for dependent undergraduates $57,500 for independent undergraduates Set by federal law |
gptkbp:payment_methods |
Standard, Graduated, Income-Driven
Available through various programs After the grace period ends 6 months after graduation or dropping below half-time enrollment May be offered by employers or states Monthly, bi-weekly, or other arrangements Standard, Extended, Income-Based |
gptkbp:receives_funding_from |
No requirement for financial need
|
gptkbp:scholarships |
Directly to the school
Can be done online or by mail Dependent students: $5,500 to $7,500 per year Independent students: $9,500 to $12,500 per year Managed by various loan servicers Right to receive information about the loan |
gptkbp:security_features |
Available under certain conditions
|
gptkbp:service_branch |
Assigned by the U. S. Department of Education
|
gptkbp:service_history |
Can be reviewed by borrowers online
|
gptkbp:social_responsibility |
Interest payments during school
|
gptkbp:soil_type |
Fixed interest rate
|
gptkbp:student_enrollment |
Available regardless of financial need
Based on FAFSA application |
gptkbp:student_support_services |
Available through loan servicers
|
gptkbp:throws |
Available under certain conditions
|
gptkbp:transfer_fee |
Can be transferred to another servicer
May include origination fees |
gptkbp:type_of |
gptkb:Federal_Direct_Loan
|