Unsubsidized Stafford Loans

GPTKB entity

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