income-based repayment

GPTKB entity

Statements (19)
Predicate Object
gptkbp:instanceOf Student Loan
gptkbp:appliesTo federal student loans
gptkbp:eligibility partial financial hardship
https://www.w3.org/2000/01/rdf-schema#label income-based repayment
gptkbp:introducedIn 2009
gptkbp:loanForgivenessAfter 20 years
25 years
gptkbp:mayIncreaseTotalInterestPaid true
gptkbp:monthlyPaymentBasedOn borrower's income
family size
gptkbp:monthlyPaymentCappedAt 10-15% of discretionary income
gptkbp:offeredBy gptkb:U.S._Department_of_Education
gptkbp:relatedTo Income-Contingent Repayment
Pay As You Earn
Revised Pay As You Earn
gptkbp:requiresAnnualRecertification true
gptkbp:bfsParent gptkb:FFEL_Loans
gptkb:FFELP
gptkbp:bfsLayer 7