the Federal Direct Loan Program
GPTKB entity
Statements (42)
Predicate | Object |
---|---|
gptkbp:instanceOf |
gptkb:Bank
|
gptkbp:application |
varies by academic year
|
gptkbp:availableIn |
undergraduate students
graduate students parents of dependent students |
gptkbp:cancellationReason |
school closure
death of the borrower false certification of eligibility total and permanent disability unpaid refund |
gptkbp:decommissioningDate |
directly to the school
in installments |
gptkbp:financials |
need-based aid
non-need-based aid |
gptkbp:hasPatentNumber |
tax refund offset
wage garnishment damage to credit score |
gptkbp:historicalContext |
established in 2010
replaced_Federal_Family_Education_Loan_Program_(FFELP) |
https://www.w3.org/2000/01/rdf-schema#label |
the Federal Direct Loan Program
|
gptkbp:impact |
can improve credit score with timely payments
can lead to negative credit impact if defaulted |
gptkbp:interests |
fixed interest rate
|
gptkbp:issuedBy |
gptkb:U.S._Department_of_Education
|
gptkbp:loyaltyProgram |
Public Service Loan Forgiveness
Teacher Loan Forgiveness |
gptkbp:paymentMethods |
graduated repayment plan
income-driven repayment plan standard repayment plan |
gptkbp:provides |
gptkb:Direct_Subsidized_Loans
Direct PLUS Loans Direct Unsubsidized Loans Direct_Consolidation_Loans |
gptkbp:requires |
FAFSA application
|
gptkbp:scholarships |
gptkb:Great_Lakes
gptkb:FedLoan_Servicing gptkb:MOHELA graduate students dependent undergraduate students independent undergraduate students Nelnet multiple loan servicers |